As millions of Australians have been hit with electricity price surges since July, the Australian Competition and Consumer Commission (ACCC) has raised concerns that electricity bills are too high. In May, the Australian Energy Regulator released the new default market offer, which caps the maximum rate energy retailers can charge residential and small business customers…
EPRINC Report Shows That IEA Net Zero Roadmap Is a Green Mirage
June 22, 2023
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Analysisclimate changedecarbonizationenergy crisisenergy transitionESGfossil fuelglobal warmingIEAnet zerooil and gasOpinion
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News Analysis Two years ago, efforts by climate activists and Environmental, Social, and Governance (ESG) investors to block investment in oil and gas production by Western companies appeared to have received a seal of approval from no less an authority than the International Energy Agency (IEA), when it published “Net Zero by 2050: A Roadmap for…
Debunking Another Misleading Green Energy Study
Commentary A popular talking point among green energy evangelists is that gas, oil, and coal are, in large part, successful because they are highly subsidized. Wind and solar, so the argument goes, would win in a fair fight, but, alas, the playing field is far from fair. But the supposed data they are drawing on to come…
Climate Envoy John Kerry’s Jet-Set Spending Is Getting Plenty of Cloud Cover
May 10, 2023
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Analysisclimate changeenergy crisisenergy transitionfossil fuelsglobal warminggreenhouse gas emissionsJohn KerryOpinionU.S. economyUS
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News analysis John Kerry leads an international jet-set life that might exhaust a runway model. If President Biden’s special envoy for climate was not in Washington or relaxing at his mansion near Nantucket Harbor, he could be found in Brazil, Panama, the Bahamas, or Germany. And that’s just in February and March. While Kerry trumpets…
ESG Is Digging a Deeper and Deeper Hole for Itself
Commentary Remember the hole-digging rule? When you’re in a hole, stop digging. Digging deeper when you’re already in a hole only means steeper, more desperate climbing when it’s finally time to get out. Ever-deeper hole-digging describes the state of ESG investing today. Though more than $50 trillion has been committed to ESG and other sustainable…
Who Turned the Lights Out? Joe Biden
May 2, 2023
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carbon dioxide emissionsclimate changeElectric powerenergy crisisenergy transitionfossil fuelsgas stovesglobal warminglightbulbsOpinionPower plantsU.S. economyViewpoints
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Commentary Does the radical climate change agenda know no end? Earlier this year, it was gas stoves—and then lightbulbs. Then, a few weeks ago, President Joe Biden’s administration announced much less gas cars after 2032. Even though about half of Americans say they don’t want an electric car and only 6 percent of drivers are…
Inflation, Net Zero, and the Bank of England
Commentary “What a banker,” read the unsubtle headline in The Sun. “BoE official on £190k salary says Brits must accept they’re worse off.” The Mail agreed. “BoE chief risks fury as he says Brits must accept they are poorer.” What sparked the tabloids’ outrage was a Columbia Law School podcast with Huw Pill, the Bank of England’s chief economist and a member…
Earth Day 2023: Utterly Bereft of Ideas
Commentary Earth Day fell on April 22—Lenin’s birthday, appropriately enough—so let us first recall the blessed memory of the official theme for Earth Day 2022: “Invest In Our PlanetTM.” “This is the moment to change it all — the business climate, the political climate, and how we take action on climate. It’s going to take all…
Why ‘Net Zero’ Is Not a Rational US Energy Policy
April 19, 2023
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climate alarmismclimate changeenergy crisisenergy transitionfossil fuelsgreen energynet zeroOpinionViewpoints
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Commentary Despite Germany’s last-ditch attempt at realism, the European Union recently approved a 2035 ban on gas-powered cars, moving ahead with its “net zero” emissions agenda. In the United States, the cost of achieving net-zero carbon emissions would be staggering—$50 trillion if the goal is reached by 2050—as would the demand for raw materials, which in most cases would exceed…
The Electric Car Is the Trojan Horse of Global Communism
April 17, 2023
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climate changecommunismElectric Vehiclesenergy crisisenergy transitionESGEVsfossil fuelsglobalismOpinionteslaViewpoints
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Commentary Elon Musk is no communist, but he may end up having contributed more to its global success than anyone since Karl Marx. By making the Tesla the status symbol of our times, and now apparently about to offer an affordable version for the common man and woman, he has helped clear the way for…
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