Energy Realism this past week focused on the failures of COP26 and the need for real climate solutions, i.e., ones that can provide reliable and affordable energy. Our Senior Fellow Rupert Darwall gets us started by seeing the COP21 climate summit in Glasgow for exactly what it was: a strategic defeat for the West, and for Britain in particular. Boris Johnson, the royal family, and the Foreign Office unleashed everything they could muster but the result was a clear display of rank amateurishness. Vijay Jayaraj follows by also analyzing the poor performance of the hometown team. As hosts of the Glasgow COP26 climate conference, UK leaders were models for the meeting’s steady stream of misinformation and fearmongering that came from the likes of Barack Obama and Greta Thunberg. The billions of energy-starved humans across the globe deserve so much better. The “only wind, only solar” mantra coming from many “environmentalists” is obviously impractical and a solution for nothing. Thankfully, Dan Byers reports that this COP was the first where nuclear energy had a chair at the table, where it was considered and exchanged without the ideological burden that existed before. Yet, not just impossibility obsessed with unreliable renewables, too many “climate activists” continue to demand the retrograde path of climate lawsuits, not real energy-climate answers like nuclear power. Jeffrey Kupfer wants us to be looking forward, not backward, since demonizing and seeking damages from traditional energy companies does nothing to encourage innovation, nothing to transform the energy mix, and nothing to change government policy. Supplying nearly 65% of the world’s energy, we do know that oil and gas will remain integral. And for sure, there is room for the industry to continue to become cleaner. Chris Romer’s business works with such players to lower their methane emissions to enhance the ESG standing. While renewables and batteries have made incredible advances, we must remain realistic: cleaner natural gas is the real “go-to fuel” because it provides the dense and predictable energy that weather-dependent wind and solar simply cannot give us. In the News Mychael Schnell, The Hill Kelly et al., Reuters DW Robert Bryce, Forbes Marcia Kramer, CBS New York Jennifer Epstein, Yahoo Finance Ike Brannon, Forbes Francis Menton, Manhattan Contrarian WLFI Yahoo Finance Rob Nikolewski, Los Angeles Times Tsvetana Paraskova, Oil Price David Rose, Daily Mail CNN Francis Menton, Manhattan Contrarian CNBC Television Tariq Fancy, The Rumie Initiative founder and CEO and former BlackRock chief investment officer, joins 'Power Lunch' to discuss why he says that ESG metrics are not useful for invest... BBC News Actor and former governor of California, Arnold Schwarzenegger, has become a champion of clean air and renewable energy, and speaks powerfully about tackling climate issues. Sky News Microsoft co-founder Bill Gates says that mitigating global warming is not the only job of global leaders over the next few decades. CBS News In a show of solidarity at the climate summit in Glasgow, the world's biggest carbon emitters announced a deal to combat climate change. CBS News' Natalie Brand reports from the Whit... Guardian News The Cop26 climate conference finally came to a close on Saturday evening, as delegates agreed a package after days of tortuous negotiations. However, there was disappointment when a ... WION The final day at the climate summit has received mixed reactions from the international community. The change was met by dismay by the rich economies of the European Union as well as... |