Energy Realism looked at the wasteful art of climate litigation and climate funding, and the inherent value of fossil fuels: the very coal, oil, and gas that meet 80% of our energy needs. Jonathan Lesser got us started last week: long viewed as a playground for environmentalists, Vermont has jumped the climate change shark with its new Climate Superfund law. If not halted by judges who reject its dubious legal basis, this shark promises to deliver a severe blow to the state’s economy that will harm the “ordinary Vermonters” proponents claim the law will help. Thankfully, oil and gas giant Oklahoma is pushing back. Paul Tice looks at the Sooner State. Over the past three years, Oklahoma and 18 other Republican-controlled states passed legislation banning financial firms that pursue an environmental, social and governance (ESG) agenda from engaging in state financial business. Many of these states are, like Oklahoma, dependent on the oil and gas business for their economic and financial well-being. These anti-ESG laws are mainly defensive moves aimed at protecting the in-state energy industry from the existential funding threat posed by the climate-driven sustainable finance movement. And Jason Isaac makes clear what a mistake the attack on fossil fuels really is. Apparently, you can litigate anything these days, and it has gotten far more insidious than suing McDonald’s over hot coffee being, you know, hot. A new climate activist group called Our Children’s Trust is suing state and federal government agencies on behalf of individual children, claiming that fossil fuel regulators are negligently ruining their future. The exact opposite is true: fossil fuels are the best kept secret in our world. Indeed, we must end here with our Essential Reading. Kathleen Hartnett White details the inherent value of fossil fuels and how beneficial they have been for humanity. Greens should know that since the Industrial Revolution, human’s ability to harness the energy of fossil fuels has secured unprecedented improvements in health, wealth, and living standards. Current policies to supplant fossil fuels undervalue the magnitude of human improvement made possible by fossil fuels and overvalue current alternatives to fossil fuels. In the News Paul Tice, RealClearEnergy Matt McGrath, BBC Tsvetana Paraskova, Oil Price Reuters, NY Post UN Yahoo Finance Patrick Hynes, RealClearEnergy Douglas McIntyre, Climate Crisis 247 Josiah Neeley, RealClearEnergy ZeroHedge, Oil Price Vijay Jayaraj, RealClearEnergy Oliver McPherson-Smith, RealClearEnergy Mike Ireland, RealClearEnergy US Department of Energy Jason Isaac, RealClearEnergy Fox News ClimateDepot.com publisher Marc Morano discusses athletes bringing portable AC units to the Olympic games despite its push to go green and warns of the restrictions on transportation... Chase Carter EV Market Just FLIPPED - People Don’t Want EVs Anymore! Situation with EVs is way worse than we thought! The EV market is in free fall at the moment. The EV sales are collapsing and ... MSNBC The Organization of the Petroleum Exporting Countries, or OPEC, has had massive influence over American politics for six decades. President Biden’s "incredible" oil market trading ha... |