Tag: fossil fuels

LIVE NOW: Senate Budget Committee’s Hearing on ‘Real Cost of Fossil Fuels’

U.S. Senate Budget Committee holds a hearing on Who Pays the Price: The Real Cost of Fossil Fuels at 10:00 a.m. ET on May 3. Dr. Ted Gayer, President of Niskanen Center; Dr. Nicole Deziel, Associate Professor of Epidemiology, Yale School of Public Health; and Diana Furchtgott-Roth, Director of the Center For Energy, Climate, And Environment, The Heritage Foundation, will testify. …


Senate Budget Committee’s Hearing on ‘Real Cost of Fossil Fuels’

U.S. Senate Budget Committee holds a hearing on Who Pays the Price: The Real Cost of Fossil Fuels at 10:00 a.m. ET on May 3. Dr. Ted Gayer, President of Niskanen Center; Dr. Nicole Deziel, Associate Professor of Epidemiology, Yale School of Public Health; and Diana Furchtgott-Roth, Director of the Center For Energy, Climate, And Environment, The Heritage Foundation, will testify. …


Who Turned the Lights Out? Joe Biden

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…


Why ‘Net Zero’ Is Not a Rational US Energy Policy

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

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…


The Energy Transition Is a Delusion Indeed

Commentary The “energy transition” continues to receive thunderous applause from all the usual Beltway suspects, an exercise in groupthink fantasy amazing to behold. For those with actual lives to live and thus uninterested in silliness: The “energy transition” is a massive shift, wholly artificial and politicized, from conventional energy inexpensive (Table 1b and here), reliable, and very clean given the proper policy…


Leading Economist: ‘Net Zero Means Higher Interest Rates’

Commentary Politicians and climate activists portray net zero climate policies as a win–win: good for the planet, good for the economy. A recent example is “Mission Zero,” a supposedly independent review of Britain’s net zero target led by the former minister who signed net zero into law. “Net zero is the economic opportunity of the…


America’s $100 Billion Climate Change Flop

Commentary For at least the last 20 years, politicians in Washington, at the behest of green energy groups, have spent some $100 billion of taxpayer money to fight climate change and reduce greenhouse gas emissions. How is that going for us so far? A recent Associated Press story, based on the latest data on global…


Chevron CEO Warns That Premature Transition to Low-Carbon Would Be ‘Painful and Chaotic’

Chevron CEO Mike Wirth said that maintaining secure and affordable energy supplies amid the push to decarbonize is one of the biggest challenges of the day while warning that a premature shift to low-carbon risks a disorderly transition that would be “painful and chaotic.” Wirth made the remarks during Monday’s session of S&P Global’s CERAWeek…


The World Bank Takes a Wrong Turn

Commentary President Biden’s nomination of Ajay Banga, the former CEO of Mastercard, to succeed David Malpass as World Bank president suggests that the Biden administration is prioritizing climate change over the World Bank’s founding mission of poverty eradication and economic development. This was made clear in the president’s statement singling out climate change as the most urgent…