Energy Realism this past week focused on climate change policy and offered some bipartisan solutions, which are seemingly becoming much harder to come by. With the Biden administration locked-in on more electric vehicles and renewable power technologies, apparently at all costs, the amount of mining for critical materials that will be needed is often ignored. General James T. Conway and Thomas M. Conway argue that the need for copper, for instance, is already mounting way too fast. Copper recently shot above $9,000 per ton for the first time in almost a decade amid supply concerns. But the U.S. oil industry and conventional gasoline cars will hardly be going gentle into that good night. For example, electric car mandates ignore the fact that the oil industry is cutting its own emissions faster than critics want you to know. Paul Steidler reports that the ever-expanding world of “Big Data” will only continue to make “Big Oil” more sustainable. And fortunately, there are some obvious areas where Republicans and Democrats can collaborate on improving our environment. Tom Dobbins wants us all to recognize the significance of aluminum recycling to our country’s future, and fast: consumer recycling rates have been plummeting. John Hayes therefore explains how we can fix our broken recycling system. Moerman et al. conclude by arguing that climate change actually offers Republicans an essential political opportunity, and those conservatives that focus on practical solutions will be the ones that rise to the top of the GOP. Essential Reading John Gerard Ruggie, Harvard Kennedy School This report sketches out the rise of ESG investing and its potential role in reinforcing corporate “repurposing.” While there are potential impediments to further ESG growth, there is a high-level convergence among private and public actors regarding issues that are of interest to ESG investors and companies seeking to improve their ESG scores. In the News Scott Detrow, NPR Ronald Stein, Eurasia Review Tyler Corder, Texas Public Policy Foundation Michelle Leder, Bloomberg Elliot Smith, CNBC Ross Kerber, Reuters Michael S. Derby, The Wall Street Journal Ross Kerber, Reuters Menyae Christopher, Energy In Depth Katanga Johnson, Reuters Liza Lin, The Wall Street Journal Mark J. Perry, AEI Eamon Barrett, Fortune Jan-Patrick Barnert, Yahoo Finance Jessica Chasmar, The Washington Times Bloomberg Quicktake Now Watch live as President Joe Biden unveils a $2.25 trillion U.S. infrastructure plan Wednesday, paid for by tax hikes on businesses, during a speech in Pittsburgh, Pennsylvania. Electroheads Following on from his internet-breaking Dacia Spring video, Rich delves into another cheap and cheerful EV - and in doing so, unearths a (potential) global EV conspiracy. Sort of. KPMG What are the top regulatory issues asset managers should think about when it comes to ESG and sustainable investing? Matt Giordano and Tania Carnegie break down why increased regulat... Big 4 Accounting Firms In today's podcast we are going to be discussing the growing regulation and popularity of ESG standards. Are esg standards and investing becoming more popular or less popular? Do exe... CNBC Television Tim Ryan, PwC U.S. chair and senior partner, joins 'Closing Bell' to discuss a new study that showed a majority of C-suite executives are actively investing in remote work post-Covid... |