Do Natural Asset Companies Pose a Threat?

In response to growing concerns about climate change and other environmental problems, an entrepreneur, Douglas Eger, has proposed a new kind of corporation, a Natural Asset Company (NAC). Eger is the CEO of the Intrinsic Exchange Group (IEG), an organization that, in partnership with the New York Stock Exchange, “is providing a platform to list […]

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Lying with Statistics About American Electric Energy Sources

Back in 1954 journalist Darrell Huff published How to Lie with Statistics. The book exposed many different ways in which people use statistics, even true ones, to foist off falsehoods. Today while looking for data on trends in the numbers of operating coal- and natural gas-fired power plants in the United States I came across

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The SEC’s Climate-Disclosure Rules Violate the First Amendment

This article summarizes the argument of the author’s more technical article, “What’s ‘Controversial’ About ESG? A Theory of Compelled Commercial Speech under the First Amendment.” The SEC is on the cusp of enacting rules to compel companies to disclose “climate risk.” Commentators have critiqued the rules as misguided and beyond the SEC’s statutory authority. But the proposed

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Biden Ethanol Increase Will Worsen Food Costs, Gas Pains

The Biden administration is implementing a temporary ethanol fix in a desperate attempt to reduce political fallout from skyrocketing gas pump prices resulting from its war on fossil fuels which will only add to inflationary food costs. New EPA requirements will now increase the amount of the corn alcohol product that must be blended into

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India’s Coal Proliferation Contradicts Global Climate Drama

We have a crisis in India, and it is not with the climate. Power plants for the world’s second-largest consumer of coal are running out of stock, leaving a billion people at the risk of blackouts and forcing industries to close facilities. To resolve the situation, the Indian government has authorized increased importation of thermal coal, removed

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Germany’s Green Energy Fixation Should Teach US a Lesson

Germany’s new Chancellor Olaf Scholz’s government vice chancellor and economic minister Robert Habeck, a leading member of his country’s Green Party, has experienced a rude lesson regarding the disastrous consequences of his years of naïve opposition to fossil fuels. After tasking his top officials to assess the energy security implications of Germany’s dependence on Russian supplies in

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