| Energy Realism last week focused on our reality: Trump is right, and fossil fuels are only becoming more important. Norman Rogers got us started last week with our most basic energy-climate tenet of them all: unreliable and expensive, solar energy is simply not competitive with fossil fuels. This is exactly where Vijay Jayaraj, our leading advocate for the poor, comes in: Trump’s obsession with low-cost, reliable, and abundant energy from fossil fuels will be happily embraced by the world’s poor. Trump’s rejection of climate orthodoxy matches the aspirations of developing nations striving to ensure energy security and overcome poverty. Expect these countries to be emboldened to more openly pursue their preferred energy strategies and leave the Paris climate agreement themselves. And Ray Gifford extends this reality to even the rich countries like, wait for it, US! A ‘Sputnik moment’ calls for unified national action toward a goal. And with a new President with a strong penchant for industrial policy, it is a good bet that the A.I. race with China will galvanize national action. The challenge will be to the institutions the U.S. has to rise to this Sputnik moment. And American institutions will be challenged because A.I. takes power. Gobs and gobs of electricity will need to be built quickly without putting existing customers on the hook. In the News Center on Global Energy Policy Duggan Flanakin, RealClearEnergy International Energy Agency Irina Slav, Oil Price Mike O'Boyle, RealClearEnergy Morgan Phillips, Fox News Norman Rogers, RealClearEnergy Kelly Jane Torrance, NY Post Helen Davidson, The Guardian Larry Behrens, RealClearEnergy Sara Schonhardt, Politico Alex Kimani, Oil Price Duggan Flanakin, RealClearEnergy Tara Suter, The Hill Tina Casey, CleanTechnica Bloomberg Television Jeff Currie, chief strategy officer of Carlyle Group’s Energy Pathways and veteran commodities analyst, says OPEC+ has "plenty of room to restart supply in April." Amid this week's n... BBC Ukrainian President Volodymyr Zelensky says he has rejected US President Donald Trump’s proposal to give the US access to $500bn of Ukraine’s vast reserves of critical minerals. Uk... |
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