Commentary President Joe Biden’s nominee for comptroller of the currency, a critical federal official charged with overseeing large banks, declared war on the fossil fuel industry: “We want them to go bankrupt,” said Saule Omarova. Omarova isn’t alone in her desire for financial institutions to discriminate against the energy producers that make their existence possible….
Left-Wing Dark Money Funded ‘Climate Chaos Week’ Brawl at Interior Department: Report
A violent Oct. 14 brawl at the Department of Interior headquarters building in the nation’s capital that saw multiple police officers injured and 55 protestors arrested was organized by an anti-fossil fuel group funded by a left-wing dark money group, according to a report made public Monday. “Protestors attempted to tear down barricades at the White House, vandalized a…
UK Government Announces Subsidy to Incentivise Heat Pump Installation
UK taxpayers will foot half of the bills for replacing gas boilers with heat pumps in households as the government announced new subsidies on Monday. From April 2022, those who wish to install low carbon heating systems such as heat pumps will have their installation costs slashed by £5,000 ($6,913) through a £450 million ($622 million)…
Climate Activists Arrested After Storming Interior Department
October 17, 2021
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A group of activists protesting against fossil fuels were arrested after staging a sit-in at the Interior Department in Washington on Oct. 15. The protesters stormed the Stewart Lee Udall Main Interior Building on Thursday afternoon, with “multiple injuries” reportedly sustained by federal police and one officer hospitalized, according to a statement from Interior Department Communications…
Fossil Fuels Are Back—Everywhere Except in the USA
Commentary While the greens in America, including their champion zealot, President Joe Biden, howl their primal screams over climate change, the rest of the world is turning to coal. The dark stuff. The satanic fuel. But it’s back big-time across the globe. So is old-fashioned petroleum. Bloomberg reported last week that because of high natural…
US Cuts Funding for Fossil Fuel Projects in Developing Countries
August 24, 2021
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News Analysis WASHINGTON—Tackling climate change is “no longer business as usual” and requires significant defunding of the fossil fuel industry, according to the U.S. Treasury Department. To that end, the United States and other Group of Seven (G-7) countries have agreed to cut funding for fossil fuel energy projects both domestically and in developing countries….
OPEC and Big Oil’s New Best Friend, Joe Biden
Commentary The price of oil surged to $75 a barrel the other day under President Joe Biden’s green energy policies. The price was as low as $35 a barrel under former President Donald Trump because he believed in American energy dominance (“Drill, baby, drill”). So, more oil meant lower prices at the pump. It was…
Blackouts Loom in California as Electricity Prices Are ‘Absolutely Exploding’
June 29, 2021
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Commentary Two inexorable energy trends are underway in California: soaring electricity prices and ever-worsening reliability—and both trends bode ill for the state’s low- and middle-income consumers. Last week, the state’s grid operator, the California Independent System Operator, issued a “flex alert” that asked the state’s consumers to reduce their power use “to reduce stress on the grid and avoid…
South Dakota Rocked Again as a Wind Turbine Plant Shuts Its Doors
June 22, 2021
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Commentary John F. Kerry, the special presidential envoy for climate, said only months ago that those losing fossil fuel jobs in coal and hydraulic fracturing will find they have a better choice of jobs either in the solar industry or as wind turbine technicians. That was then. Now, a wind blade manufacturing plant located in…
GOP Lawmakers Warn Fed Against Greening of US Banking System
WASHINGTON—Soon after the November 2020 presidential election, the Federal Reserve declared climate change as a potential threat to financial stability and joined a network that advocates for using levers of financial regulation to address climate change. A group of Republican lawmakers are among critics who argue that central banks should not “weaponize” their authority to…
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