"The wrong way, however, would be detrimental and only further undermine America’s economic interests. Basing a U.S. industrial security policy on a losing long-term strategy, such as a subsidy-only approach, and failing to address major problems, such as the inability to build anything at home, would only strengthen the hand of Beijing."
A new report finds that free are economies are almost twice as clean as unfree economies.
The world doesn’t need magical thinking; it needs the proven power of the free market to deliver the energy and clean environment we need.
"It seems everyone but our state legislators understand that renewable energy and fossil fuels don't have to be mutually exclusive. If we want to keep the lights on for the foreseeable future, especially during severe weather events, we need as much reliable thermal power available as possible. But our short-term needs shouldn't derail Texas from the long-term goal of having an efficient, more affordable grid powered mostly by clean energy. If we want to remain the nation's leader in renewable energy, we can't treat it like an inconvenience."
"U.S. allies are upset about the Inflation Reduction Act’s generous subsidies for domestically manufactured green technologies. In his trip to Washington last week, Mr. Macron said the U.S. subsidies may 'perhaps fix your issue but you will increase my problem.' They’re really a problem for everybody."
"Lawmakers’ dubious reaction to the proposed redesign appears to have morphed into a red light after senators heard testimony that the untested marketplace would make investors skittish to commit to building coveted natural gas plants in Texas."
Through reforms that empower the market to drive energy investment and innovation, energy companies will deliver affordable, reliable power to consumers while continuing to lead the world in emissions reductions.
Zak Colman of POLITICO explains how governments can more adequately confront climate risk. “FEMA is also weighing new regulations that would expand the federal floodplain, which could includeincreasing minimum requirements for elevating homes to reduce flood risk. Those rules could be a ‘game changer’ by requiring stricter building standards to reduce flood risk for hundreds...
Poor countries must climb the economic ladder to flourish and protect themselves from climate change. This starts with access to reliable and affordable energy.
"Wood Mackenzie’s Williams argues that there is a better way the administration could help relieve the diesel shortage in New York Harbor and put downward pressure on prices. 'The quickest way to ease the situation would be to waive the Jones Act for a month or two,' he says. 'If we could move more barrels around the US by sea, that would make a real difference.'"
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