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March 6, 2024
Reality Is Forcing Biden to Roll Back His Electric Vehicle Mandate
In a development that can surprise no one, the Biden administration is reportedly planning to delay the schedule of its “multi-pollutant emissions standards” rule to force a massive shift to electric vehicles (EVs). The rule as currently proposed would force an EV market share of 67 percent for new cars and light-duty trucks by 2032, up from 7.6 percent…
February 29, 2024
Exxon Turns to the Courts to Fight Back Against Activist Shareholders
We’ve come a long way since the days of Harry Truman. In the modern Beltway, policymakers strive mightily to see to it that the buck stops somewhere else. Presidents blame Congress for failures to enact preferred policies. The House of Representatives blames the Senate, and vice versa, and both parties blame each other for failures to enact…
February 27, 2024
Headlong Rush To Ban Communist China’s Deepseek Ignores Potential Upside of the AI Breakthrough
South Korea is the latest in a string of nations to prohibit Deepseek’s groundbreakingchatbot from operating, joining Australia, the Republic of China on Taiwan, Italy, and manyothers, including America, that have barred government employees from access to theplatform.Over the course of the last month, Deepseek has become a Rorshach test of sorts for thosewho use,…
February 16, 2024
Energy Security Does Not Mean What Many Think
I am sufficiently old — and then some, distressingly — to remember 1973. Among the prominent memories of that year were the large international price increases for oil, the long lines at gasoline stations, the handwritten “NO GAS” signs, the five- or 10-gallon purchase limits, the utterly silly license plate odd-even system for determining who would…
February 14, 2024
The Beltway’s Energy Transition Relies on the Broken Window Fallacy
Suppose that a strong earthquake were to destroy a sizable part of a city. The rebuilding process would involve massive investment, procurement of materials and services, and employment. But can anyone believe that the local economy would be stronger than would have been the case had the earthquake never occurred? Obviously not. But in the timeless mindset of the…
February 13, 2024
A Lose-Lose Liquefied Natural Gas Pause
The Biden administration’s move to stop approving liquefied natural gas exports is a breathtaking decision to exacerbate climate change and air pollution, betray our allies, and kill clean energy investment. It is a rare, lose-lose policy with potentially catastrophic consequences for America’s geopolitical strength and for billions of people around the world. America’s growing liquefied natural gas exports are a…
February 12, 2024
The Biden Energy and Climate Policies in Broader Perspective
Say what you will about the myriad confusions and inconsistencies characterizing the overall Biden administration policy agenda, both foreign and domestic, it nonetheless is fair to describe its climate agenda as single-minded, particularly in the context of the intended “clean energy transition” away from conventional energy based upon fossil fuels. Underpinning much of this agenda is the effort to transform the electric power sector away…
January 29, 2024
Letter to the Editor: Stuck With Biden, I’m Still a Never Trumper
Mr. Verret argues that Never Trumpers should vote for Mr. Trump because Mr. Trump “is the only alternative to” Mr. Biden’s leftist policies. Most of Mr. Biden’s policies have been pursued through administrative fiat, and thus can be reversed. So Mr. Verret is answering the wrong question. The correct one: What are the medium-term implications…
January 25, 2024
The Looming Biden Climate Test for Natural-Gas Exports
Should you doubt the magnitude of the Biden administration’s ideological crusade against fossil fuels, merely consider the recent reports that the Department of Energy is considering the addition of a “climate test” criterion for approval of export facilities for liquefied natural gas (LNG). This would be in addition to the politicized “public interest” analysis to which such proposals have been…
January 17, 2024
Why I Left Harvard
Since early December, the end of my 20-year career teaching at Harvard has been the subject of articles, op-eds, tweets from a billionaire, and even a congressional hearing. I have become a poster child for how the growing campus DEI—Diversity, Equity, and Inclusion—bureaucracies strangle free speech. My ordeal has been used to illustrate the hypocrisy of the assertions by Harvard’s leaders…