"Policy decisions will not be uniform, and the path of the energy transition will undoubtedly be bumpy with fits and starts along the way. Coming out of COP26, policymakers pledged to strengthen 2030 emissions targets by the end of 2022 rather than waiting for the formal 'stock taking' process, but a greater focus on reducing methane leakage is likely an indication that governments are growing skeptical that fossil fuels can be displaced quickly. Additionally, midterm elections in the US could derail the Biden Administration’s environmental agenda, proving all politics, even international environmental politics, are local."

"A Russian invasion of Ukraine and the U.S. and an allied country response would have ripple effects beyond Europe, exacerbating inflation and roiling global energy markets."

"Various groups have acquired land or negotiated water rights in order to preserve habitats for wildlife. Others have directly acquired grazing permits so that land is not used for climate-intensive agriculture. Some campaigners have even outbid logging companies for timber leases in Montana, or successfully acquired trawling permits and vessels from fishermen in California."

"If Merkel at last recognized the folly of Germany’s climate policy overreach and Macron decided that re-election as president of France was better than virtue-signaling on climate, the world would owe them a debt for teaching us that reality can be avoided temporarily, but it never can be canceled. We might also hope that some American politicians are taking note of what is happening with their Old-World counterparts."

“In fact, competitive markets have deployed the lion’s share of renewable energy resources, about 80 percent of the U.S. total, even though they account for only about 67 percent of total overall capacity.”

"When it comes to big challenges, we must think big. But we also have to be smart. America’s 'all of the above' energy strategy was smart. It made us the world’s leader in cutting carbon emissions."

“The future of the global energy system and emissions will be determined primarily by choices about technology made in China, India, Indonesia, Vietnam and other populous, fast-growing emerging markets.”

"In a smarter world, the market would have been allowed to figure this out. The new EU taxonomy still represents a destructive form of winner-picking industrial policy and has flaws. A big one is the arbitrary time limit on investments in nuclear and gas plants."