Arjun, this is a terrific video. You are absolutely right that many corporations "do what they have to" on ESG-matters which may or may not align with their better judgement. Government (and related agencies) make policy proclamations without any consideration of costs and benefits. The approach is geared to reducing CO2 emissions, period. If this destroys the economy, ruins the electric grid, causes widespread misery in the population (especially the poor), so be it. It's what Rob Henderson calls a "luxury belief".
And this doesn't even get to the issues of 1) questions over the integrity of the US temperature record, which has been well documented by Tony Heller; 2) is the climate ultimately a self-balancing system (see Lindzen, et al "the iris effect"); and 3) the role of the sun in climate fluctions.
In 1979 the scientific community was convinced that a new ice age was upon us. Enough said.
To be fair to people advocating for reducing/eliminating financing for O&G projects in the developed world, I'm sure they want to eliminate financing for Russian/Chinese/Indian projects as well, but they cannot apply political pressure there. Their position isn't contradictory or nonsensical, it's just applying pressure where possible.
I sense a bit more emotion within the first few minutes of your video. I concur. I hate to get down in the dumps early on a Saturday morning, but that which you've revealed here, along with other items I've watched or read the last few days, is extremely troubling.
A week ago today, I drove right by two refineries.....Cheyenne, WY and Sinclair, WY. I get it. There are obvious consequences to fossil fuel extraction, processing and utilization. It's not to be denied. But this climate ideology has simply gone bonkers. A is 100% bad. B is 100% good (clean, green and sustainable!). No debate. End of story.
I'm torn as to how much of this is ignorance vs. purposely deceptive behavior.
The WSJ had an interesting article this morning on the topic of homeowners and auto insurance. Rates are skyrocketing. People are upset. There are obvious reasons why this is happening. Those who need these policies just don't want to accept it. Who wants to pay more for anything? Meanwhile, the climate crazies simply ignore the ultimate secondary and tertiary effects of what they propose. Cost will indeed be one of those things.
BTW, noted the use of the term “energy evolution”. We should hear that term more - it’s more accurate than energy “transition” …
Arjun, this is a terrific video. You are absolutely right that many corporations "do what they have to" on ESG-matters which may or may not align with their better judgement. Government (and related agencies) make policy proclamations without any consideration of costs and benefits. The approach is geared to reducing CO2 emissions, period. If this destroys the economy, ruins the electric grid, causes widespread misery in the population (especially the poor), so be it. It's what Rob Henderson calls a "luxury belief".
And this doesn't even get to the issues of 1) questions over the integrity of the US temperature record, which has been well documented by Tony Heller; 2) is the climate ultimately a self-balancing system (see Lindzen, et al "the iris effect"); and 3) the role of the sun in climate fluctions.
In 1979 the scientific community was convinced that a new ice age was upon us. Enough said.
To be fair to people advocating for reducing/eliminating financing for O&G projects in the developed world, I'm sure they want to eliminate financing for Russian/Chinese/Indian projects as well, but they cannot apply political pressure there. Their position isn't contradictory or nonsensical, it's just applying pressure where possible.
Great piece as always Arjun. It’s great to see you fired up about this lunacy. Arjun Murti for Secretary of Energy!!!
Absolutely one of the best out there.
Super Psyched for more Super Spiked.
I sense a bit more emotion within the first few minutes of your video. I concur. I hate to get down in the dumps early on a Saturday morning, but that which you've revealed here, along with other items I've watched or read the last few days, is extremely troubling.
A week ago today, I drove right by two refineries.....Cheyenne, WY and Sinclair, WY. I get it. There are obvious consequences to fossil fuel extraction, processing and utilization. It's not to be denied. But this climate ideology has simply gone bonkers. A is 100% bad. B is 100% good (clean, green and sustainable!). No debate. End of story.
I'm torn as to how much of this is ignorance vs. purposely deceptive behavior.
The WSJ had an interesting article this morning on the topic of homeowners and auto insurance. Rates are skyrocketing. People are upset. There are obvious reasons why this is happening. Those who need these policies just don't want to accept it. Who wants to pay more for anything? Meanwhile, the climate crazies simply ignore the ultimate secondary and tertiary effects of what they propose. Cost will indeed be one of those things.
Have a great weekend.