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3/16/2021

Energy Realism this past week focused on the intrusive green agenda and more takeaways from the Texas energy crisis. 

Joel Kotkin has a stern warning about eco-dictatorship: the Covid lockdowns are only a test run for what many greens want to force on us to “fight” climate change. To put it lightly, the prospect of extending lockdowns indefinitely to meet climate goals would be an unwelcomed play. While our goal to cut greenhouse gas emissions is a good one, we must be careful not to pick energy winners and losers with policy and just surge pricing. Ron Estes and Tracey Mann know that to power the American Dream, we must have electricity that is safe, affordable, and reliable. That means supporting an “all of the above” approach and rejecting the Democrats’ unscientific and ideological “everything but” agenda.

As learned from Texas, Jake DeWitte believes that our electricity strategy must center on higher resiliency, especially as more intermittent renewables like wind and solar come onto the grid. Tony Clark agrees that system resilience can only become more crucial as the environmental goal of electrification transforms energy used in transportation, buildings, and industry. Avoiding Texas- and California-like crises in the future requires regulators who will oversee utility planning and investment to ensure the energy is available when communities need it most. Trey Daniels argues that the Texas crisis is actually a great opportunity for Democrats to learn from, with the 2022 midterm elections looming on the horizon.

Essential Reading

Minerals for Climate Action: The Mineral Intensity of the Clean Energy Transition

Hund et al., World Bank Group

It too often goes overlooked that the energy transition to a low-carbon future will be very mineral intensive. In fact, the more ambitious the climate policy to reduce greenhouse gas emissions, the more mining that will be needed. This presents a number of challenges that must be solved.

In the News

Jeff Ubben Appointed to Exxon's Board

Value Walk

Climate Change Takes Center Stage at SEC

JD Supra

EU Anti-Greenwashing Rules Take Effect for Fund Managers

Alastair Marsh, Bloomberg

Tesla Touts Self-Driving to Consumers. To the DMV, It Tells a Different Tale

Russ Mitchell, Los Angeles Times

GM's Projections on Electric Cars Are a No Go

Pat Michaels, RealClearPolicy

Will SEC Support More ESG Shareholder Proposals?

Max Chen, ETF Trends

More Disclosure Will Force Firms to Cut Emissions

Antoine Gara, Forbes

UK’s Banks Linked to Environmentally Damaging Companies

RT

Energy, Climate Closer to Center Stage on Capitol Hill

Ben Geman, Axios

Biden Sued by 12 States Over Climate Executive Order

Stephen Sorace, Fox Business

Hearing Puts Spotlight on Mass AG's Political Climate Lawsuit

William Allison, Energy In Depth

Biden’s Climate ‘Fix:’ Expensive and Useless

Bjorn Lomborg, New York Post

Manchin: Give Coal, Auto Workers Chance in Green Energy

Thompson Reuters

Roger Pielke, Jr. Debunks Biden's Social Cost of Carbon

Marlo Lewis Jr., CEI

Biden's 'America Last' Energy Policies Enrich Enemies

Catharine O’Neill, Newsmax

Multimedia

International Women's Day: 'Women to Drive Future ESG Investments Over Next Decade'

Proactive

iClima Earth's Gabriela Herculano catches up with Proactive's Katie Pilbeam once again on International Women's Day to discuss how she believes women are set to drive increasing inve...

Mining Our Way to Clean Energy

Kite & Key Media

Everything that powers our modern lifestyle—electric cars, smartphones, even wind turbines—requires minerals extracted from the earth. Minerals are essential to green energy, nationa...

The Impact of the Federal Carbon Tax on the Competitiveness of Canadian Industries

The Fraser Institute

Canada’s federal carbon tax will increase production costs in certain key sectors and could trigger a phenomenon known as “carbon leakage”—where firms relocate industrial activit...

Here's What a Carbon Tax Could Mean for You

Financial Times

FT economics commentator Martin Sandbu looks at what is needed to achieve a just transition to a low-carbon economy that safeguards public health and sustainable energy sources.

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