| Energy Realism this past week examined the new Democrat energy-climate deal in detail, and we discussed the need for politicans to work with, not against, each other to advance the country. We start off with a bit of a debate: the Manchin-Schumer bill. John Adams sees it as a “bold energy security” opportunity. Of particular importance, it aims to address emerging energy security vulnerabilities before they are intractable crises. For example, the deal would boost our domestic mining business to source more critical minerals for electric cars. American consumers, American workers and American energy security are all potential winners. Carlton D. Everhart, II agrees in the sense that he sees lowering oil dependence as critical to enhancing America’s energy security (i.e., the great Gal Luft’s “turning oil into salt” concept). Robert Bryce, meanwhile, views the bill as showing the “power of The Swamp.” The Manchin-Schumer deal shows, yet again, that the Washington Favor Factory never sleeps. The 700-plus-page bill is filled with outrageously expensive subsidies for the solar and wind sectors and lavishes lollipops on nearly every energy-related special interest in Washington. To Robert’s point, Tyler Duvelius argues that real energy and climate solutions must come from the states, not from Washington, D.C. Not surprisingly, the one-sided media, seemingly allergic to research and market knowledge, still is not getting it. While President Biden likes to use conservatives in Washington as a scapegoat for his Administration’s inability to produce solutions, it is conservative governors who are showing America how carbon emissions can be reduced without compromising our principles. Rep. Carol Miller demands that Congress finds ways to work together, across party lines, to create strong policies that work for our economy and the environment. Her state of West Virginia (rich in coal and shale gas), for instance, is in a prime position to continue to support the U.S. as a global energy leader and truly solve the energy crisis. Indeed, our Essential Reading this week comes from the Texas Public Policy Foundation’s Kathleen Hartnett White. Current policies to supplant fossil fuels undervalue the magnitude of human improvement made possible by fossil fuels and overvalue current alternatives to fossil fuels. The still developing world – which constitutes 85% of humanity – realizes exactly how the West became rich and long-living: the use of fossil fuels has released whole populations from abject poverty. Our hypocrisy simply will not stand. In the News Ryan Browne, CNBC Tim Quinson, Bloomberg Echo Xie, SCMP Will Lockett, Medium Ellen Meyers, Roll Call Grace O'Donnell, Yahoo Finance Emma Thompson, The Guardian Al Jazeera Damian Carrington, The Guardian Erik Wasson, Ramsey Al-Rikabi, Bloomberg Simon Alvarez, Tesla Rati Tyler Duvelius, RealClearEnergy David F. Coursen, The Hill Sarah Ellington, WFW Chris Stokel-Walker, Wired CNBC Television Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens' College, Cambridge, joins CNBC's 'Squawk Box' to weigh in on the markets ahead of the open on Tuesday. PowerfulJRE Big Tech and Big Media are doing all that they can to help the President. PragerU The climate is the most complex system on Earth. Is it really possible to project with any precision what it will be like 20, 40, or even 100 years from now? Steve Koonin, former Und... DW News Russia is cut off from trade with the West as sanctions are hitting Russia's economy. Vladimir Putin's government lacks revenue from exports like oil and timber. The Russian presiden... | 
