View this email in your browser
6/18/2024

Energy Realism looked at the wasteful art of climate litigation and climate funding, and the inherent value of fossil fuels: the very coal, oil, and gas that meet 80% of our energy needs. 

Jonathan Lesser got us started last week: long viewed as a playground for environmentalists, Vermont has jumped the climate change shark with its new Climate Superfund law. If not halted by judges who reject its dubious legal basis, this shark promises to deliver a severe blow to the state’s economy that will harm the “ordinary Vermonters” proponents claim the law will help. Thankfully, oil and gas giant Oklahoma is pushing back. Paul Tice looks at the Sooner State. Over the past three years, Oklahoma and 18 other Republican-controlled states passed legislation banning financial firms that pursue an environmental, social and governance (ESG) agenda from engaging in state financial business. Many of these states are, like Oklahoma, dependent on the oil and gas business for their economic and financial well-being. These anti-ESG laws are mainly defensive moves aimed at protecting the in-state energy industry from the existential funding threat posed by the climate-driven sustainable finance movement.

And Jason Isaac makes clear what a mistake the attack on fossil fuels really is. Apparently, you can litigate anything these days, and it has gotten far more insidious than suing McDonald’s over hot coffee being, you know, hot. A new climate activist group called Our Children’s Trust is suing state and federal government agencies on behalf of individual children, claiming that fossil fuel regulators are negligently ruining their future. The exact opposite is true: fossil fuels are the best kept secret in our world. Indeed, we must end here with our Essential Reading. Kathleen Hartnett White details the inherent value of fossil fuels and how beneficial they have been for humanity. Greens should know that since the Industrial Revolution, human’s ability to harness the energy of fossil fuels has secured unprecedented improvements in health, wealth, and living standards. Current policies to supplant fossil fuels undervalue the magnitude of human improvement made possible by fossil fuels and overvalue current alternatives to fossil fuels.

In the News

Oklahoma’s Anti-ESG Law Is Not Hurting Sooner State Taxpayers or Retirees

Paul Tice, RealClearEnergy

UN Chief: Ban Fossil Fuel Ads to Save Climate

Matt McGrath, BBC

Saudi Aramco Looks to Buy Into U.S. LNG Project

Tsvetana Paraskova, Oil Price

Democrat Senator Blasts Biden on EV Failures

Reuters, NY Post

There Is an Exit Off ‘the Highway to Climate Hell’

UN

IEA: Solar Investment Above All Other Power Forms

Yahoo Finance

Can Donald Trump Save the Inflation Reduction Act From Joe Biden?

Patrick Hynes, RealClearEnergy

Do Americans Really Want EVs?

Douglas McIntyre, Climate Crisis 247

The Problem With Plastic Pollution Is Not Plastic

Josiah Neeley, RealClearEnergy

World's Largest Nuclear Plant Remains Idle

ZeroHedge, Oil Price

Coal Meets India’s Record Power Demand; Net Zero Sidelined

Vijay Jayaraj, RealClearEnergy

The EV Tax Credit Is a Climate Lemon

Oliver McPherson-Smith, RealClearEnergy

Time Is of the Essence for Cement Sector Decarbonization

Mike Ireland, RealClearEnergy

Electric Car Power Demand Rising Fast

US Department of Energy

Fossil Fuels: The Best-Kept Secret in Our World Today

Jason Isaac, RealClearEnergy

Multimedia

Climate Expert Warns of 'New Era That's Being Descended'

Fox News

ClimateDepot.com publisher Marc Morano discusses athletes bringing portable AC units to the Olympic games despite its push to go green and warns of the restrictions on transportation...

People Don’t Want EVs Anymore!

Chase Carter

EV Market Just FLIPPED - People Don’t Want EVs Anymore! Situation with EVs is way worse than we thought! The EV market is in free fall at the moment. The EV sales are collapsing and ...

How Joe Biden 'Broke OPEC'

MSNBC

The Organization of the Petroleum Exporting Countries, or OPEC, has had massive influence over American politics for six decades. President Biden’s "incredible" oil market trading ha...

Manage/Unsubscribe from Newsletters  

You are receiving this email because you signed up to one of RCMG newsletters. 
Copyright © 2024 RealClearHoldings, All rights reserved. 
 Unsubscribe to ALL Newsletters 
RealClearHoldings
666 Dundee Rd Ste 600
Northbrook, IL 60062-2733

Add us to your address book