Energy Realism this past week celebrated Earth Day by examining President Biden’s energy-climate plans. Although much of what the administration is pushing is unrealistic, there are some solutions that have bipartisan support. Carol Devine Miller wants American energy to bring back the global economy. Through strategic trade efforts, innovative public-private partnerships, and a comprehensive infrastructure revamp, U.S. energy exports can meet global demand while enhancing security and meeting emissions goals. But unfortunately, the Biden administration seems to have other ideas. As usual, Kevin Mooney digs deep and finds that UN-backed climate activists are poised to work with the Biden administration to unleash a major transformation of the American economy all under the guise of “fighting” climate change. Patrick J. Michaels, however, argues that much of President Biden’s climate agenda could face legal headwinds in trying to move forward. Although the U.S. is rejoining the Paris Agreement, the ability of the Biden administration to discharge its obligations under the pact are heavily circumscribed. Agency rulemaking might be its only path forward. On climate policy, it really is a shame that nuclear power gets such little focus, particularly since far too many are unrealistically focusing on “only wind, only solar.” Andrew Holland and Daniel Slesinski claim that the U.S. must do much more than simply surpass other countries’ efforts to demonstrate the first self-sustained fusion reaction. Hydrogen is another source of energy that deserves greater attention. Mark McManus believes that hydrogen has bipartisan support, part of a big-tent coalition to tackle climate change while also securing our energy future. But true to form, the Biden administration is blindly chasing its electric car dreams. Kat Dwyer reports that very low consumer demand simply does not warrant massive government spending on the infrastructure for such cars that would be more aptly termed “fossil fuel cars.” Essential Reading Richard A. Muller, Elizabeth A. Muller, Centre for Policy Studies Environmentalists who oppose the development of shale gas via hydraulic fracturing (“fracking”) are making a tragic mistake. Shale gas can help lower greenhouse gas emissions to fight climate change by displacing coal, which is still easily the world’s primary source of electricity. Gas has far lower emissions of local pollutants that are killing millions of people each year, namely PM2.5 in the still developing countries. In the News Richard Lindzen, William Happer, National Review Kim Lyons, The Verge Jianli Yang, Aaron Rhodes, The Hill Faiz Siddiqui, MSN David Hodari, The Wall Street Journal John Kemp, Reuters Joel Kotkin, Spiked Dean Scott, Bloomberg Law Mitchell Ferman, The Texas Tribune Saijel Kishan, Bloomberg Valerio Baselli, Morningstar Michael Shellenberger, Forbes Jessica Corbett, Common Dreams Sudarshan Varadhan, Reuters Liam Denning, Bloomberg NBC News Watch live coverage as President Joe Biden participates virtually in the White House climate summit with world leaders. Washington Post Live U.S. special presidential envoy for climate John Kerry says no one nation can solve the climate crisis by itself. The former secretary of state is an advocate of personal diplomacy a... CNBC International TV Daniel Yergin of IHS Markit discusses the outlook for the oil market. He says there's still a big surplus of oil that has not been brought back into the market. Responsible Investment Association A panel of experts discusses the key trends for responsible investors to watch ahead of what’s expected to be a very busy proxy season. FII Institute Sarah Cocker, Managing Director of Amplify Project Management Services, discussed “ESG’s Litmus Test: The Measure of Success Is Impact, Not Integration” with Jeff Ubben, Founder & Ma... Morningstar Interest in mutual funds and ETFs that focus on environmental, social, and governance factors has exploded, and so have the choices. Joining Susan Dziubinski to discuss key issues to... |