Commentary The warning signs are everywhere. We are stumbling toward an energy crisis that is likely to be far more severe and long-lasting than the upheavals of the 1970s. And no, this isn’t about Russia or Ukraine. This is about the perilous state of the U.S. electricity grid. If action isn’t taken soon to address the unraveling…
America’s Emerging Energy Crisis
March 4, 2022
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$9.5 Billion in Hydrogen Spending Through Infrastructure Bill Detailed by Department of Energy
February 15, 2022
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The Department of Energy (DoE) has released more details in formal requests for information (RFI) on two major hydrogen energy initiatives funded through last year’s infrastructure bill. The first release concerns an $8 billion program to finance at least four regional hydrogen energy hubs across the United States. The second release concerns both a $1…
California Legislation Would Require Insurers to Disclose Fossil Fuel Investments
Proposed legislation would require more than 1,500 private insurance companies operating in California to disclose their investments and dealings in oil and gas companies. Assemblyman Marc Levine (D-Marin County) introduced Assembly Bill 1694 (AB 1694) on Jan. 25. The bill would require insurers would take effect Jan. 1, 2024, and would require insurers to disclose…
The Biggest Corporate Welfare Recipients Ever
December 21, 2021
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Commentary How much do solar, wind, and electric vehicle companies get in federal handouts and tax loopholes in President Joe Biden’s Build Back Better bill? Well over $100 billion in taxpayer largesse. If all the tax credits are included, that number could reach half a trillion dollars. No other industry in American history has ever…
Budweiser Accused of Downplaying Fossil Fuel Use
December 6, 2021
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Energy analyst Alex Epstein has argued that Budweiser is taking advantage of consumers’ energy-related ignorance by stating that its beers are brewed with 100 percent renewable electricity, pointing out that the “most of the energy that goes into its beer is fossil fuel.” Epstein made his case in a viral Twitter thread as well as…
Why the Biden Administration Wants Higher Gasoline Prices
Commentary When he announced last week that he would release more oil from the American Strategic Petroleum Reserve, President Joe Biden told the American people he is doing everything possible to bring down gas prices at the pump. That’s a lie. This administration and the climate change crazies have declared war on American energy. They…
Energy Security Risks Won’t Disappear With Change to Renewables: Expert
Risks related to energy security won’t become a thing of the past in the context of transitioning to renewables, they will merely be transferred to the sources and providers of the green energy technologies, says a senior fellow at the Macdonald-Laurier Institute (MLI). “What many people forget is that the risks to energy security do…
COP26: Canada Joins 24 Countries Pledging to End Fossil Fuels Financing Abroad by 2022
Canada and at least 24 other countries have committed at the COP26 climate summit to end all public financing for fossil fuel projects abroad by the end of 2022, despite the absence of major Asian countries that contribute to a bulk of such financing. The decision came Nov. 4 at the United Nations climate change conference, where…
Biden: Pushing OPEC to Boost Oil Output ‘Not at All Inconsistent’ With Climate Goals
November 1, 2021
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President Joe Biden said on Sunday that it was “not at all inconsistent” for him to push energy-producing countries to ramp up production of fossil fuels while also urging others to lower emissions in line with his climate goals. Speaking at a press briefing following days of negotiations in Rome between leaders of the Group…
World Is Facing ‘Real Shortage of Energy’ That Could Lead to Social Unrest: Blackstone Co-Founder
October 26, 2021
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The world is facing a “real shortage of energy” that could lead to social unrest, according to Blackstone Inc. co-founder Stephen Schwarzman. “We’re going to end up with a real shortage of energy,” he said at the fifth edition of the Future Investment Initiative in Riyadh, Saudi Arabia, on Tuesday, Bloomberg reported. “And when you have a…
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