RBN ENERGY ……. Since the first OPEC oil embargo nearly a half-century ago — and more recently with Russia’s invasion of Ukraine — energy producers and consumers alike have learned important lessons about the significance of energy commodity sourcing. It all comes down to this, really:
CITY JOURNAL …… Carbon taxes, and their functional equivalent disguised in the form of energy taxes, have faced political obstacles and serial failures to take effect ever since the debacle of the 1993 Clinton–Gore “BTU” tax. Now a bipartisan group of American lawmakers has proposed a “border carbon adjustment” tariff
WALL STREET JOURNAL …… If you think inflation is bad, wait until the rest of the commodity markets really heat up. Although prices for basic materials like copper, aluminum, nickel and steel—used to build everything—have already inflated, they haven’t yet escalated as much as fuels and energy-driven commodities like food. But they will if European…
RBN ENERGY ………On March 24, 2022, in the wake of the still-unfolding crisis in Ukraine, “energy and climate ministers” from 40 countries convened in Paris for an International Energy Agency summit to send a “strong message of unity” regarding energy security and to issue a consensus on accelerating “clean energy transitions worldwide.” But there are…
REASON MAGAZINE ………. There are now some 120,000 warehouses globally, and another 50,000 are likely to be added before 2025. Over the next few years, more robots will be deployed into these warehouses—the logistics market—than in all other application categories combined, including farming, medicine, and home use.
CITY JOURNAL ….. Elon Musk is back in the news. In a tweet heard ’round the world, he stated a simple truth related to the Ukraine war: “Hate to say it, but we need to increase oil & gas output immediately.” The analogous truth—hate to say it—is that the Biden administration is right: banning and…