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11/30/2021

Energy Realism this past week looked at President Biden’s failing energy-climate plans, with costs surging across nearly every sector of the economy. Only affordable and reliable solutions need apply. 

Duggan Flanakin reports on how President Biden’s war on fossil fuels has taken the heaviest toll on the 49th state. Oil and gas account for roughly half of Alaska’s economy and a quarter of its jobs, and there would be even more if it were not for Joe Biden’s blocking of oil and gas leases in the Arctic National Wildlife Refuge. What is most alarming is how his climate-energy policies hurt low-income Americans and communities of color the most. This reality is the exact opposite of what the administration keeps telling us. Derrick Hollie thereby brings us a critical piece showing how Joe Biden’s climate obsession truly is an “all pain, no gain” approach and a dangerous regressive tax on our most vulnerable. And as our Senior Fellow Rupert Darwall details, the Biden administration’s goals for “climate-risk” disclosure are just an obvious excuse for a green power grab – more expensive, less reliable energy.  

Kevin Mooney tells us how centralized planning of the climate business is simply a dead-end path. It all began in Paris six years ago: the stated goals of the UN Paris Agreement that our own and world leaders embraced are a proxy for a larger agenda aimed at dismantling American independence and freedom. Daniel Turner thus addresses the elephant in the room painfully seen this week: is the Energy Secretary even qualified for her job? One cabinet person is dedicated to ensuring our national energy is abundant, reliable, and affordable. Secretary Granholm is clearly not that person. 

RealClearEnergy also wants to highlight Jude Clemente’s recent article in Forbes about how exporting U.S. natural gas will be vital to lower rising global dependence on higher emission coal. Natural gas is the world’s true go-to fuel. More natural gas, however, is not the only climate solution that Republicans and Democrats can agree upon. There is a clear need for more battery storage to backup the natural intermittency of wind and solar power. Bob Dean says that Joe Biden’s “Build Back Better” agenda needs a battery focus to ensure renewables give us reliable electricity.  

And finally, it is a question that no one ever seems to ask: how much do Americans even know about climate change? With a disturbing quarter of adults thinking that the Sun orbits the Earth, the answer is apparent: probably not very much. Geoffrey Pohanka offers up a quiz to encourage us to learn more about our climate. Things might not be as bad as some claim. 

In the News

Keystone XL Developer Seeks $15 Billion in Compensation

Irina Slav, Oil Price

Net-Zero Targets: Greenwashing or Genuine Climate Action?

DW

'Pipelines Will Be Blown Up,' Says David Suzuki, If Leaders Don't Act on Climate Change

Tyler Dawson, National Post

Biden Taps Strategic Oil Reserve 11 Months After Suspension of Oil snd Gas Leases

Tristan Justice, The Federalist

California Power Outages Rise as High Winds Raise Fire Risk

Yahoo Finance

Nord Stream 2: U.S. Announces More Sanctions Over Pipeline

DW

Climate-Risk Disclosure – A Flimsy Excuse for a Green Power Grab

Rupert Darwall, Daily Caller

Shareholder Engagement With Fossil Fuel Companies Is a Failure for Climate Change

Carlos Davidson, Common Dreams

Has Biden Brought an End to U.S. Energy Independence?

Robert Rapier, Oil Price

Biden Faces Tougher Sell on Spending Bill to Sen. Manchin as Coal Prices Hit 12-year High

Bakersfield.com

Asset Managers Shy Away From Absolute Carbon Reduction Targets

Tjibbe Hoekstra, IPE

BlackRock Expects Sustainability to Influence How Future Investment Portfolios Shape Up

Sarmad Khan, The National

ESG Investing Needs Standards to Prevent Fraud and Greenwashing

Brad Preber, Fortune

Trillions in Assets May Be Left Stranded as Companies Address Climate Change

Jean Eaglesham, Vipal Monga, The Wall Street Journal

U.S. to Release Oil From Reserves in Coordination With Other Countries to Lower Gas Prices

Pippa Stevens, CNBC

Multimedia

Gas Prices Continue to Rise After Setback for Nord Stream 2 Pipeline

France 24 English

The benchmark price for natural #gas in #Europe continued to rise in early trading on Wednesday, after spiking by 18 percent on Tuesday. The move comes after Germany's energy regulat...

'Phasing Out of Coal Needs to Happen in a Just Manner'

Newzroom Afrika

The minister of forestry, fisheries and environmental affairs says the phasing out of coal needs to happen in a just manner. Barbara Creecy says it's important that developing countr...

Enes Kanter Speaks Out Against China's Ruling Communist Party

Fox News

Boston Celtics center Enes Kanter joins 'The Story' with reaction. 

David Suzuki Says Pipelines Will Be 'Blown Up' If Leaders Don't Act on Climate Change

CHEK News

Renowned environmental activist David Suzuki had a stern warning for politicians and global leaders if they fail to act on climate change during a protest in Victoria on Saturday. 

COP26 Had Big Ambitions - Here’s Why It Fell Disastrously Short

CNBC International

COP26 was billed as the last best chance to save the planet. So what happened inside the conference centre and will it really solve our climate emergency? CNBC's Tom Chitty explains. 

David Suzuki Says Pipelines Will Be 'Blown Up' If Leaders Don't Act on Climate Change

CHEK News

Renowned environmental activist David Suzuki had a stern warning for politicians and global leaders if they fail to act on climate change during a protest in Victoria on Saturday. 

Sen. Cramer on Higher Oil Prices: There's an Anti-Supply Policy From Biden

CNBC Television

U.S. Sen. Kevin Cramer (R-.N.D) joins 'Squawk Box' to discuss oil markets and Democrats' Build Back Better bill.

Karl Rove: Build Back Better Is Based on a Lie

Fox News

The Fox News contributor blasted the legislation on 'America's Newsroom,' arguing it will fuel an 'expansion of the welfare state,' as Congress waits for a CBO score.

Author Robert Bryce Testifies on Why Energy Prices Are Soaring

IllinoisChannelTV

The U.S. Senate Energy Committee hears testimony on what policies are driving the soaring costs of energy.

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