Climate Change and Insurance Industry

FERC Considers Constraining Renewables

The Federal Energy Regulatory Commission (FERC, rhymes with jerk) is taking comments on a proposed order that might actually constrain the destructive impact of renewables on America’s grid.FERC would order the North American Electric Reliability Corporation (NERC, also rhymes with jerk) to do something about the growing adverse impact of renewables. NERC is a private corporation endowed with federal authority to keep America’s lights on. NERC makes and enforces the regulations governing grid … [Read more...]

ESG’s Perverse, Narrow, Fraudulent Ethical Principles

by Paul Driessen

Warning: Your retirement fund may have been Shanghaied by BlackRock or other Wall Street asset managers who’ve unilaterally decided that the tens of trillions of dollars of other people’s money they control should be used to advance political causes they favor – to “make the world a better place.” Image: Creative Commons under UnsplashAs most people know, ESG stands for Environmental protection, Social justice, and Governance of corporate and societal affairs. They’re all noble-sounding … [Read more...]

Equality vs Equity: Q&A

by E. Calvin Beisner

I am seeking literature that describes the notion of equality and distinguishes it from equity. I am seeing so much “redefinition” of these terms lately and I wish to engage in civil discourse on these topics. I want to be able to discuss these concepts with people knowing that I have the strength of knowledge behind anything that I might say.In addition, if there are any biblical references that clarify either of these concepts, this would be an extremely valuable addition.Can you help me by … [Read more...]

FERC’s Role in the Offshore Wind Stampede

by David Wojick

I am looking at a fat study titled “The Benefit and Urgency of Planned Offshore Transmission: Reducing the Costs of and Barriers to Achieving U.S. Clean Energy Goals." The term FERC occurs a whopping 92 times. Not surprisingly the 103-page report is mistitled. It is actually about the onshore transmission of offshore wind power, not offshore transmission. The urgency is that the present power system cannot handle all that offshore juice coming ashore. FERC is in the crosshairs because they are … [Read more...]

Gore Climate Rants Return

by Larry Bell

Hyperventilating again last week at the World Economic Forum in Davos, Switzerland, former Vice President Al Gore claimed that climate conditions are even direr than previously imagined, with manmade greenhouse gases responsible for the worst climate disasters the world has seen in recent years.Photograph: Fabrice Coffrini/AFP/Getty ImagesNothing short of a nuclear holocaust, purveyor of planetary peril Gore said the current output of greenhouse gases is sending heat into the atmosphere that is … [Read more...]

Evidence Says Offshore Wind Development is Killing Lots of Whales

by David Wojick

The recent deaths of seven whales off New Jersey, mostly humpbacks, got a lot of attention. The federal NOAA Fisheries agency is responsible for whales. An outrageous statement by their spokesperson got me to do some research on humpback whale deaths.The results are appalling. The evidence seems clear that offshore wind development is killing whales by the hundreds.Here is the statement as reported in the press:“NOAA said it has been studying what it calls “unusual mortality events” … [Read more...]

Are You Really Against Fossil Fuels? Read this Before You Answer

by Vijay Jayaraj

It is easy for anyone to say that they are against fossil fuels. Opposition to coal, oil, and natural gas is fashionable and will prompt heads to nod and even hands to applaud in most places.Image: Creative Commons under UnsplashBut are people aware of the extent to which their lives are dependent on fossil fuels? Do they know that more than 90 percent of things used in their everyday lives are derived from fossil fuels?From your toothbrush to your car tire, a majority of the things you use … [Read more...]

Recovery of European Species Contradicts Doomsday Narrative

by Vijay Jayaraj

As a young graduate student, I was thrilled to have my first hands-on experience in conservation on Portugal’s pristine grassland steppe, a paradise for avian life.It was during this visit that I came to understand the critical role of conservationists and the factors most affecting wildlife populations across the globe. A major takeaway for me was that the cause of population collapse among major species is overhunting and not climate change, the latter being the popular media’s favorite, … [Read more...]

Munich Re Cries Foul, Florida Policy Holders Quake

by William Balgord

According to Reuters, Munich Re is complaining bitterly, along with several other pre-imminent international re-insurers about its massive weather-related losses during the calendar years 2021 and 2022. The role of re-insurers in the insurance market is simply to back up the many standard casualty insurance companies that may wish to deal off part of the potential liability from catastrophic losses (mega-claims) filed by their policyholders, who may sustain economic damage from one of a … [Read more...]

In Pennsylvania, Will Josh Shapiro Unlock Decades of Affordable Energy?

by Gordon Tomb

With Democrat Josh Shapiro as a newly inaugurated governor and a new legislative body, Pennsylvania will either shine as an energy superstar or continue down the dim path of economic decline.Image: Creative Commons under UnsplashThe commonwealth is a national leader in energy production despite being stifled by onerous regulations, market-distorting subsidies, and an irrational hostility toward fossil fuels.Shapiro’s energy policies will have implications for the power grid’s reliability … [Read more...]