Energy Realism this past week focused on the very apparent problem of relying on China-controlled supply chains for more renewables and electric cars. Dear Mr. President: higher cost energy in the name of climate hurts our most vulnerable most. Guy Caruso explains why Joe Biden is just Jimmy Carter 2.0. The obvious embrace of high-energy prices to push an environmental agenda means financial burden for working families and long-term devastation for America’s economy. The wind and solar obsession is particularly harmful: while their advocates will never admit it, renewables are provably much higher cost and far less reliable. Perhaps even worse, their material supply chains are dominated by China. Patrick Hynes says that dogmatic leftists have made it clear that they will sacrifice energy security for their idea of required climate policy. As a result, the world might see a Red revolution long before it ever sees a Green one. China’s firm market grasp also extends to electric vehicles, which have become a rather bizarre climate fixation for the Biden administration. Thomas Madison Jr. realizes that the U.S. needs a complete revamping of its critical materials mining system, or we will continue to suffer under Chinese domination. The “EV boom” has no chance without a robust and domestic supply of the minerals, metals, and batteries required to produce and power them. Duggan Flanakin agrees that climate elites have already elevated China on the world’s stage. On the other hand, or, rather, knee, Biden embarrassingly begs OPEC and Russia to produce more oil and gas while blocking our own production here at home. To conclude, we must highlight our Fellow Bernard S. Sharfman’s latest journal article on ESG and non-material mandatory climate change disclosures. Both the SEC and ESG pushers should know that new disclosures would be detrimental to our ability to address the issue of mitigation. In the News Noami Lin, Washington Examiner David Rose, UnHerd Chazan et al., FT Amrith Ramkumar, The Wall Street Journal ZeroHedge, Oil Price EIA DW David T. Stevenson, Caesar Rodney Institute Dana Hull, Bloomberg Law Sally Hickey, FT Adviser Erin Brady, Newsweek Mining Weekly Tsvetana Paraskova, Oil Price Caleb Howe, Mediaite.com FXS Energi Media Markham interviews Fraser McKay, head of upstream oil and gas analysis for Wood Mackenzie. CNBC Television Mad Money host Jim Cramer and the 'Squawk on the Street' team discuss a recent Twitter feud between Tesla CEO Elon Musk and Sen. Elizabeth Warren over taxes. Bloomberg Markets and Finance Natasha Kaneva, JPMorgan global head of commodities research and strategy, says the omicron variant will have no impact on oil demand. She actually sees demand growing in many places... Fox News The ‘Outnumbered’ panel reacts to a video of the vice president attempting to charge an electric car and discusses her job performance. The Electric Viking Toyota announce $1.3B US battery factory: Serious about EV's? CNBC Television Linda-Eling Lee, MSCI global head of ESG and climate research, joins 'The Exchange' to discuss what to look for in the future of ESG investing. Fox News Ingraham: Biden is preemptively excusing what will likely be a crushing loss for his party in 2022 and 2024. |