"As a candidate, Mr. Biden said the country must transition away from oil, and in his first months in office he moved for more stringent regulations on the industry, explored restrictions on oil production and revoked a permit for the Keystone XL pipeline."
Andrew Stuttaford of National Review writes on Europe’s energy mess. “Angela Merkel has got out of Dodge just in time. Europe’s energy crunch has been building for some time, and now two key aspects of the former German chancellor’s dismal legacy — the Nord Stream 2 pipeline and her decision to reaccelerate the denuclearization of Germany’s energy supply — are likely to have...
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"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."
“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.”
"Graphic says green investing has opened up a market worth more than $6 billion a year for replacing plastic with paper on store shelves, even if that might result in consumers seeing slightly higher prices."
