4 Comments

Thank you, thank you for this. So much sense.

Expand full comment

Spot on! The ESG reduction in investments some four years ago have arrived just in time to spur a recession. Who knew CoV would arrive back then to remove supplies? Sadly, the greenies weren't happy with slow progress, they wanted all EVs now as if it were possible like an Amazon delivery. As if it is realistic to imagine battery EVs ever arriving in the necessary numbers. That power required for those EVs requires considerable investment that won't be possible for a long time. But arriving in power as they have, they are stuck in those past years. Sorry much has changed.

At least we don't HAVE to be as foolish as Germany or Spain. We likely will not suffer the likes of a incompetent Biden administration again, but who knows what tricks lie ahead.

Expand full comment

So not only is America's carbon footprint lower than countries with explicitly "green" energy polices, but we owe it all to fracking?

Ironies piling atop ironies.

Expand full comment

It gets worse. Some states have been affirmatively hostile to the development of natural gas. New York might top the list, but up there with it would be California, Colorado and (maybe) Pennsylvania. And, yet, fracking activity has still managed to revolutionize the business of generating electricity and heating homes.

Expand full comment