Commentary The burgeoning cost of Australia’s pursuit of net-zero CO2 emissions by 2050 has just increased even further with the announcement of yet another bureaucracy. To be known as the “Net Zero Authority,” it will be lavished with taxpayer funds to pursue a hugely questionable policy and seek to mitigate its devastating impact. Officially, the…
Ontario Wrestles With How to Meet Future Energy Needs
Ontario is torn between meeting the provincial demand for electricity and a desire to wean itself from fossil fuels. The province’s Crown corporation responsible for the operation of the electrical system has said more natural gas plants will be needed to bridge the gap during the transition, and that phasing out fossil fuels by 2030 would…
Net-Zero and ESG Are Worsening the Energy Crisis—and Weakening the West
March 18, 2022
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Commentary The day after President Biden announced that the United States would ban imports of Russian oil and gas, a group of eleven powerful European investment funds that includes Amundi, Europe’s largest asset manager, outlined plans to force Credit Suisse, Switzerland’s second largest bank, to cut its lending to oil and gas companies. The juxtaposition of these two events…
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