Energy Realism this past week discussed our new report from EPRINC and how fossil fuel development will continue to remain critical for economic and human progress. Our Senior Fellow Rupert Darwall got us started last week: RealClearFoundation’s new report from EPRINC outlines the obvious problems of ESG and “not investing in new oil and gas production.” In terms of reaching “net zero,” EPRINC’s analysis conclusively demonstrates that the IEA’s assumptions are unrealistic, internally inconsistent, and actually support the case for increased hydrocarbon fuel production. Ryan Costello also makes clear that we need innovation, not climate litigation, to help reduce emissions and meet environmental goals. Over the past several years more than two dozen cities and states across the U.S. have taken to the courts in a misguided attempt to address climate change. While it is vital that state and local officials work towards effective solutions on this growing challenge, these lawsuits are clearly not the right course of action. The reality is that we need more oil and gas pipelines AND more transmission lines. Spencer Boudreau says that one of the single greatest steps Congress can take to help businesses, improve our infrastructure, and again help unleash our economy is pass strong permitting reform legislation to “make America build things again.” After all, fossil fuels still supply over 80% of U.S. and global energy. Jason Isaac explains to Greta Thunberg and other anti-fossil fuelers just how humanity continues to thrive while being driven by coal, oil, and gas usage. We simply must see through the disinformation the climate cartel is spreading. Not only is the human race nowhere near the brink of extinction, but our lives and our environment are better than ever before. And Hoyu Chong documents how President Biden’s new budget “shortchanges” the very same “alternative” energy resources that he demands we force into the energy complex. To that end, let us bring in our Essential Reading for the week. Far more than opponents realize, natural gas is quickly becoming the “go-to” fuel for the energy transition. Not just the cleanest fossil fuel and the required backup for intermittent wind and solar power, gas is essential to alleviating energy poverty, a much bigger problem even here at home than most Americans probably realize. In the News Hoyu Chong, RealClearEnergy Jason Isaac, RealClearEnergy EPRINC, RealClearEnergy Judith Curry, Climate Etc. Kevin Bogardus, Sean Reilly, E&E News Charlotte Elton, Euronews Bloomberg David Lightman, The Sacramento Bee Julian Wettengel, Clean Energy Wire U.S. Senate The Conversation Irina Slav, Oil Price Robert Rapier, Oil Price Ellis Juhlin, NPR Thomas Catenacci, Fox News Valuetainment In this short clip, Patrick Bet-David, Adam Sosnick, Vincent Oshana and Tom Ellsworth talk about how ESG is destroying American companies. Glenn Beck Glenn has been warning about ESG for a while now, urging us all to take a stand against it. It’s a credit-style system placed onto corporations, ranking them based on environmental, ... CNBC Television Toby Rice, EQT Corp CEO, joins 'The Exchange' to discuss strong Q2 performance, factors contributing to weakness in natural gas pricing, and M&A projections for the natural gas sector. CNBC Television Sandy Pomeroy, senior portfolio manager at Neuberger Berman, joins 'Squawk on the Street' to discuss her top three dividend yield picks: PNC, LAMR, CRH. SKAGEN Fondene Energy expert Mark Mills speaks at SKAGEN Funds New Years Conference 2023. |