Energy Realism this past week focused on President Biden’s misguided energy-climate plans that will likely benefit China the most. Duggan Flanakin reports what should be obvious: electric cars are not the “climate solution” that advocates claim. The mad rush to force the drivers of the 280 million internal combustion engine U.S. light-duty vehicles into electric vehicles within the next few decades requires massive subsidies. Not just bad public policy, it would do very little to “combat climate change.” China produces about half of the world’s electric cars and hoards its outsized share of the “rare earths” needed for their manufacturing. Indeed, Kevin Mooney argues that it is actually China that stands to benefit from the green energy mandates in the $1.2 trillion infrastructure bill the U.S. Senate recently approved. All the while, American energy consumers can expect to face higher costs associated with a carbon border tax that will reportedly be folded into the upcoming, budget busting, and partisan $3.5 trillion reconciliation package. While President Biden’s “green energy” agenda may demand that wind power displaces coal, Geoffrey Pohanka realizes that might not be as easy as claimed. The wind is naturally intermittent, usually unavailable to generate the electricity integral to the American way of life. Adam Brandon believes that the wind obsession is part of a wider misguided energy program from the Biden administration that continues to put the U.S. and Americans last. Not just being forced to beg OPEC for more oil, while blocking production here at home, the administration’s higher cost energy plan is wreaking havoc across the country. Most tragically, food prices have been soaring to hurt our most vulnerable most. In the News Jon Styf, The Center Square Cody Ciona, Financial Post Terry Slavin, Reuters Cydney Posner, HLSFCG MarketWatch Hiawatha Bray, Boston Globe Ramishah Maruf, CNN Tom Krisher, AP Andrew Stuttaford, National Review Hope King, Axios Brian Flood, Fox News CBS DFW Victoria Rome, NRDC Alex Kimani, Oil Price David Blackmon, Forbes Alan Fisher Electric cars are simply not sustainable, regardless of what their advocates claim. CNBC Television CNBC's Ylan Mui reports on how the White House will call on OPEC and its allies to increase oil production as gas prices rise. For access to live and exclusive video from CNBC subscr... Nasdaq Investopedia Editor-in-Chief Caleb Silver joins Jill Malandrino on Nasdaq #TradeTalks to discuss what ESG is and what it isn’t. SNN Network VIRTUAL KEYNOTE: "How to Assess ESG Goals in 2021" with Alina Plaia, Managing Director of ESG Advisory and ESGiQ Solution at MZ Group at the SNN Network Summer Virtual Event | August... |