While leaders in the West are obsessed with a fossil fuel-less utopia, the developing economies of the world are going full-throttle on fossil fuel. Could we be heading into an East-West dichotomy where different directions for the energy sector are pursued, making the East more energy secure and imperiling energy security in the West? It seems the likely case. Eastern Giants Go Big on Fossils India and China alone account for nearly 3 billion people and represent the largest … [Read more...]
Middle-East Oil Burn Continues (media blackout on the same)
“Given the receptive nature of the Middle Eastern countries to future oil and gas projects, oil giants from Europe are also planning to increase their investment in the region’s unceasing oil juggernaut.”“The notion that the world is moving away from fossil fuels is incorrect, at least as per the production and consumption numbers of oil, gas, and coal worldwide. The Middle East scenario gives a better picture of where the future of oil is headed.” On Earth Day, President Joe Biden was busy … [Read more...]
EPA’s totalitarian assault on America
Biden-Harris Environmental Protection Agency Administrator Michael Regan is clearly on a mission. He has “bold aspirations, and a long to-do list,” says The Washington Post. But to succeed, the Post acknowledges, he must “help the EPA get its groove back.” As Regan put it, “We’ve got a lot of work to do, starting with rebuilding staff morale and getting all our staff back to feeling as if they matter, their voices matter.” Regan says his job is “to restore the scientific integrity … [Read more...]
Biden’s Climate Appointments and the Potential Disruption to the Global Fossil Fuel Market
With President-elect Joe Biden about to assume office, he will soon roll out his “clean energy” plan, aimed at reducing America’s dependence on fossil fuels. But such a move will cause ripples beyond America’s borders. It will likely impact key developing countries that have become increasingly reliant on fossil fuel imports from the booming U.S. oil and gas industry. Biden’s Clean Energy Plan In December 2020, Joe Biden appointed his climate team, which included a person who served … [Read more...]
