Energy Realism this past week hit the Chinese and Russian dominance over the renewable energy and electric car industries. In short, an immense and domestic American energy response is our only path forward. The “China problem” looming over the green movement in the West is something that progressives simply choose to ignore. Having to rely on China for products and services truly is their elephant in the room. For solar power, Mamun Rashid demands a “make it in America” approach, and no more reliance on solar panels made by Uyghur slave labor in Xinjiang, China. But the moral shortcomings for greens also extends to the electric car obsession. Tim Benson notes the “Russia connection” for the industry. Looking forward, the question: how will greens deal with the fact that pariah Russia is one of the major suppliers of crucial raw materials for electric cars? Business as usual is no longer an option. Paul Steidler recently summed up this “moral depravity” of America’s reliance on foreign energy and materials. Simply put, we must turn to Texas, not tyrants. Fortunately, as Rich Nolan makes clear, we have a tremendous domestic opportunity to mine the critical materials needed for the energy world of tomorrow here at home today. The timing for such questions is clearly perfect. Inexplicably, President Biden has been begging Venezuela and Iran to compensate for Russian energy while continuing to shun our own producers. While it obviously is an absurd position, he knows that he cannot offend the green dreamers that put him in office. Mary Anna Mancuso wantsthe president to focus on regaining the invaluable “energy independence” that has been slipping away on his watch, his full-scale war against American energy. Anne Bradbury brings us an insider look from the U.S. oil and gas industry. The Biden administration can insert some stability into the market by publicly signaling its support for American-made oil and gas’ role in our country’s energy portfolio. Greens should know that the constant evolution of the industry means increasingly cleaner fuels. Meg Gentle explains how companies are always working to support the growing demand for energy while also cutting emissions. Indeed, the Essential Reading this week comes from the Centre for Policy Studies. If true to their word, environmentalists should actually be the biggest supporters of “fracking” for more oil and natural gas. In the News Julian Lee, Bloomberg Bloomberg Kevin Cramer, The Hill Mary Callahan, The Press Democrat Jason L. Riley, The Wall Street Journal Sybilla Gross, Bloomberg Javier Blas, Bloomberg Editorial Board, New York Post Joshua Q. Nelson, Fox News Leonard Hyman & William Tilles, Oil Price Jay Clayton, Patrick McHenry, The Wall Street Journal Richard Weiss, Bloomberg Alexa Mae Asperin, Fox 5 Josh Ulick, The Wall Street Journal Avi Salzman, Barron's CNBC Television Sharon Bowen, New York Stock Exchange chair, joins 'Closing Bell' to discuss what Bowen's tenure has been like, how to reform the initial public offering market and how Bowen plans t... CNBC Television Sen. Bill Cassidy (R-La.) joins CNBC's 'Squawk Box' to discuss U.S. energy independence, climate policies and more. Fox Business Former Deputy National Security Adviser K.T. McFarland joins Stuart Varney to discuss China's close relationship with Russia and the possibility of the U.S. imposing sanctions on Chi... Fox Business Rep. Carlos Gimenez and retired Maj. Gen. Mick McGuire discuss the Biden admin continuing to avoid oil production in the U.S. on ‘The Evening Edit.’ Glenn Beck Americans already have trust issues. But now, woke CEOs are making it worse. Business leaders of major corporations often are in support of far-left measures publicly but say the opp... CNBC Television John Kilduff, Again Capital founder and a CNBC contributor, joins CNBC's 'Squawk Box' to break down energy markets. |