Energy Realism this past week focused on some self-inflicted wounds from the Biden administration and the fusion vs. fission debate. Senior Fellow Rupert Darwall outlines his new report: Capitalism, Socialism and ESG. The truth is that doing well by doing good is no more than Wall Street sales patter. Since the election, financial regulators have been falling over themselves just trying to play catch up. To put it mildly, the notion of climate risk requiring additional disclosure is deeply suspect. For example, the push to not invest in oil, coal, and natural gas has a gigantic hole: these fossil fuels supply over 80% of America’s energy. James Marks realizes that President Biden’s federal leasing ban threatens U.S. energy security. It will have far-reaching effects on local economies across the country and increase reliance on foreign countries including Russia and Saudi Arabia for our energy needs. And the president’s insistence of so many more electric cars might not be the climate solution that advocates claim. Geoffrey Pohanka just wants electric car owners to pay their fair share to maintain our highway infrastructure, just like other car owners do. Electric cars should not be given a pass because they have perceived “environmental benefits,” which should be seriously questioned in the first place. Finally, veterans Robert Hirsch and Roger Bezdek analyze a forgotten energy option: fusion energy. While we continue to have hope for practical fusion power, without sharp focus, capable management, and careful, independent oversight it simply will not happen. Robert Hargrave follows by examining atomic fission. It can provide all the world’s people with emission-free electricity that they need for prosperity, but the cost of nuclear energy has soared due to excessive regulations from unfounded fear. In the News Irina Slav, Oil Price BBC MarketWatch Abby Smith, Washington Examiner Mark P. Mills, The Wall Street Journal John Kemp, Reuters Sharon Aschaiek, University Affairs Frank Cilluffo, Mark Montgomery, NBC News Ron Bousso, Reuters Reuters Courtney Rozen, Bloomberg Law Ted Cruz, Fort Worth Star-Telegram LJS Robert Bradley Jr, AIER Sean Szymkowski, CNET Fox News The New York Democrat's climate group would cost $10B; reaction from 'The Five.' CNBC Television Russian cyber criminal gang DarkSide claims responsibility for shutting down Colonial Pipeline. Chris Krebs, former director of the Cybersecurity and Infrastructure Security Agency, ... CNBC Television Armando Senra, head of iShares Americas at BlackRock, breaks down what's driving huge inflows into environmental, social and governance (ESG) investments. With CNBC's Bob Pisani. Repsol Repsol is proud operate in the Marcellus Shale, one of the largest natural gas fields in the world that extends through the Appalachian Basin and stretches across Pennsylvania in the... |