True to form, Energy Realism this past week focused on the need for practical energy-climate policies: citizens must offer their support for any plan to have a real chance. Jude Clemente wants Mexico to honor its 2013 Energy Reforms meant to encourage outside investment while bringing in more expertise. With cheap and abundant U.S. shale supply right across the border, natural gas will remain essential. Indeed, while needing to expand its own market to non-state players, Mexico must not follow the energy fantasies now being chased in the U.S. Craig Rucker reports that President Biden’s offshore wind power obsession, for instance, simply makes no economical or even environmental sense. The wind itself, of course, is clean and free but harnessing the wind (or sun) to meet the energy needs of a modern society is surely not – especially in ocean environments. And if so concerned about climate change, why are Greens so opposed to non-carbon nuclear power? Nuclear is the baseload electricity source that should be central to any serious plan to reduce greenhouse gas emissions. Sam Rutzick realizes that New York’s shutdown of Indian Point will make the state’s ambitious climate goals even more difficult to achieve. Heather Reams also demands a climate strategy rooted in pragmatism. Contrary to media reports, it is the Republicans leading on climate and cutting emissions. Meaningfully addressing climate change is a marathon, not a sprint. Most importantly, it will depend on buy-in from American consumers, and eventually, all people around the world. Essential Reading Anthony P. Carnevale, Nicole Smith, Georgetown University, Center on Education and the Workforce The Biden-Harris administration’s $1.5 trillion infrastructure plan would be good medicine to nurse the economic wounds inflicted by Covid-19. The plan could help restore the pace of job creation that was derailed by the pandemic. A temporary revival of the blue-collar economy, the infrastructure plan would create or save 15 million jobs over 10 years. In the News Alia Wong, USA Today Sarah O'Connor, Financial Times GNW Dwan Lim, Geoffrey Rogow, The Wall Street Journal David Blackmon, Forbes Haris Alic, The Washington Times Michael Lynch, Forbes Laura Weiss, Roll Call Tilak Doshi, Forbes Annie Massa, Bloomberg Paul J. Davies, The Wall Street Journal Reuters Matthew B. Crawford, UnHerd Alexis Benveniste, CNN Joshua Sabatini, San Francisco Examiner Down to Earth On April 22 (Earth Day) and 23, United States President Joe Biden invited 40 world leaders to a virtual Leaders Summit. The purpose of this summit was to encourage large economies to... CNBC Television After a brutal year for the energy sector, Chevron reported a profit for the first quarter of 2021 as a recovery in oil prices boosted operations. The company’s results were still fa... CNBC Television Armando Senra, BlackRock's head of iShares Americas, Salvatore Bruno, chief investment officer at IndexIQ, and Todd Rosenbluth, senior director of ETF and mutual fund research at CFR... Robertson Stephens Robertson Stephens' CEO, Raj Bhattacharyya sat down with Chief Investment Officer, Stuart Katz, and Head of ESG and Impact Investing, Christopher Knapp, to discuss our philosophy, ap... |