View this email in your browser
3/1/2022

In one of the most historical weeks in many decades, Energy Realism this past week focused on the rapidly deteriorating situation in Ukraine and our own absolute requirement for more energy development and the critical infrastructure needed to transport oil and gas (essentials that meet 70% of U.S. energy demand).  

Senior Fellow Rupert Darwall gets us started: net-zero dreams in the West are fueling Vladimir Putin’s advance. His is an energy war, and climate-obsessed Western leaders have foolishly been insisting that the biggest threat to the world is climate change. Now comes Putin armed with nuclear weapons, tanks, and thousands of troops declaring his intent to overthrow Europe’s post-Cold War order. Green Europe only has itself to blame, blocking fossil fuel development and infrastructure and even shutting down nuclear power plants. Jeremy Harrell points to more nuclear as an essential path forward. Nuclear is our cleanest and most reliable source of energy, and shutting them down has quickly proven a catastrophic mistake. And as John Rowe explains, nuclear enjoys bipartisan support. Republicans are the party of Lincoln and, therefore, must reinforce our commitment to people and to the environment we share. Democrats, the party of Clinton, must remember that “it’s the economy, stupid” and return to fiscally responsible policymaking.  

Europe is also now realizing the disaster of a climate obsession that has blocked gas pipelines from being built. Sam Buchan and Ricky Gill discuss the stalled MidCat gas link between Spain and Portugal. While this all plays out amidst the backdrop of mounting Russia-Ukraine tensions, the question remains whether France and the EU will lend their support to the project. Greens in the U.S. have their own attack on infrastructure in the name of “fighting climate change.” Gregg Goodnight says that the Supreme Court must stop the regulatory abuses enabled by the gross error of the 2007 ruling in Massachusetts v. EPA. This ruling has been the pretext for a vast extension of regulations by the EPA that were never intended under the U.S. Constitution, the 1970 Clean Air act, or authorized by subsequent amendments. Marlo Thomas agrees: Congress may not constitutionally delegate such power to an administrative agency. The Supreme Court should reject the Clean Power Plan’s legal theory, which entails a forbidden delegation of legislative power. 

In the News

Climate Action Faces Reality Check in the Energy Crisis

Tsvetana Paraskova, Oil Price

Apple, Amazon, Microsoft or Tesla: Which Will Reach $5 Trillion First?

Tony Owusu, The Street

California Sues Tesla Over ‘Racial Segregation’ Claims at Factory

Rupert Neate, The Guardian

Tesla Will Pay $0 Federal Tax Despite Elon Musk’s $11 Billion Personal Tax Bill

Sissi Cao, Observer

GOP Boycotts Committee Vote on Federal Reserve Nominees

Nick Sobczyk, E&E News

What I Wish Nuclear Energy Opponents Understood Will Happen If They Win

Seaver Wang, Slate

The World Is on Fire and Our Leaders Are Failing, Poll Finds

Ryan Heath, Politico

Playing Politics With Pensions

Andrew Stuttaford, National Review

Can They Keep the Lights On? Energy Prices Rise Across Europe.

Ayse Wieting, Suzan Fraser, The Christian Science Monitor

The Future of Nuclear Power

Scarlett Evans, Power Technology

German Government Picks Greenpeace Chief, a U.S. Citizen, as Its New Climate Envoy

Ivana Kottasova, CNN

Green Hypocrisy Hurts the Poorest

Joel Kotkin, Hugo Kruger, UnHerd

Conservatives Should Get on Board With Carbon Pricing

Kelsey Grant, RealClearEnergy

U.S. Natural Gas Producer: Prices Surging Due to Lack of Adequate Pipeline Structure

Angelica Stabile, Fox Business

The Environmental Movement Isn’t Ready for Transphobia

Molly Taft, Gizmado

Multimedia

Putin Will Invade Ukraine Within Days, Says Biden

ABC News

President Joe Biden on Thursday said he believes Russian President Vladimir Putin will go through with an invasion of Ukraine invasion within days.

Daily Energy Markets Video Podcast

Gulf Intelligence

What is happening in energy markets? The Russia-Ukraine problem is dominating the conversation. 

Any Cutoff of Natural Gas Through the Ukraine Corridor Is Manageable: IHS Markit

CNBC Television

Michael Stoppard, chief global gas strategist at IHS Markit, discusses the various scenarios under which European countries would have to make up for a shortfall in gas flowing throu...

What a Russian Invasion of Ukraine Could Do to Oil: Raymond James Analyst

Yahoo Finance

Raymond James Analyst Pavel Molchanov joins Yahoo Finance to discuss what any further invasion of Ukraine by Russia may do to oil markets.

From Spy to President: The Rise of Vladimir Putin

Vox

Putin’s intent on pushing back against the Western world order... and it appears to be working.

Glenn Beck Addresses How ESG Is Destroying our Society

BlazeTV

Glenn Beck joins in and talks about his new best-selling book The Great Reset and how much ESG scores are now factoring into society. He also details his dinner with Donald Trump and...

Having trouble viewing this email? | [Unsubscribe] | Update Subscription Preferences 

You receiving this email because your address is in the Energy Realism list from https://www.realclearpublicaffairs.com/.

Copyright © 2022 RealClearHoldings, All rights reserved.
RealClearHoldings
666 Dundee Road
Bldg. 600
Northbrook, IL 60062