Energy Realism this past week focused on climate policy and the impressive record of the U.S. oil and gas industry. Senior Fellow Rupert Darwall kicks us off by looking at his home country. While Boris Johnson is sometimes likened to Donald Trump – a British-style populist, albeit one who can recite chunks of Homer’s Iliad in the original Greek – in truth, many of his positions are closer to those of President Joe Biden. For example, Johnson wants tackling climate change and biodiversity loss to be his government’s “number one international priority.” Here in the U.S., Alex Flint offers some key opportunities for Republicans to act on climate change, critical to not allow the Democrats to own the issue anymore. Sarah E. Hunt explains why the case for climate lawsuits to proceed in state court is fundamentally flawed given that climate change is a global phenomenon. It is better to look at the merits behind these climate lawsuits and to what extent cities themselves can tackle climate change more effectively outside the courtroom. No matter what, America’s oil and gas companies must be part of any climate solution. Oil and gas, of course, supply 70% of our energy, and we are now easily the world’s largest producer of these essential fuels. In fact, Stephanie Catarino Wissman reports that the U.S. has set the standard for safe, reliable, and affordable energy. But unrealistic energy policies and bans on hydraulic fracturing, or fracking, could swiftly undo years of progress and economic growth. Finally, Rep. Dan Newhouse & Jason Modglin examine how Representative Jodey Arrington (R-TX 19th District) has helped our cause. He has focused on America’s energy independence and economic development in rural communities, wanting others to realize the dominant force mighty Texas plays in the U.S. energy sector. Essential Reading Amanda M. Rosen, Webster University This study argues that the Kyoto Protocol on climate change is a fundamentally flawed agreement that set back solutions on climate change by two decades. Using a systematic framework focused on compliance, efficiency, and effectiveness, I analyze the Kyoto Protocol and argue it is a clear case of institutional failure, with the design itself bearing substantial blame for this outcome. Kevin D. Dayaratna, Nicolas D. Loris, The Heritage Foundation More than just a climate-energy plan, the “Green New Deal” actually seeks to fundamentally restructure the American economy. Yet, despite the hype from policymakers and the media at-large, the “Deal” would be incredibly costly for American families and businesses, with virtually zero climate benefits. In the News HLSFCG Ronald Stein, CFACT David Jacobs, The Center Square Bloomberg David Kreutzer, IER Mark Gilbert, Bloomberg Vince Bielski, RealClearInvestigations Sarah E. Hunt, RealClearEnergy Andrew Stuttaford, National Review Brian Croce, Pensions & Investments Jean Eaglesham, Anna Hirtenstein, The Wall Street Journal Richard Morrison, Yahoo News Michael Lynch, Forbes Wayne Christian, The Wall Street Journal Steven Greenhut, Reason Bloomberg Quicktake: Now Progressives in the House and Senate plan to set down a marker Thursday for President Joe Biden’s infrastructure plans, introducing a $500 billion proposal to shift U.S. transportati... Yahoo Finance Yahoo Finance's Adam Shapiro and Seana Smith spoke with King Operating Corporation CEO Jay Young about the outlook for oil prices. Albion Financial Group An introduction to ESG investing. Chris Jones Media ESG. Who Holds Companies Accountable regarding their impact on the environment? My two guests talk of Environmental Social Governance, ESG, which can encompass issues of carbon emiss... |