WALL STREET JOURNAL ………..If you want to know what’s being unleashed by the rush to mandate electric cars for a so-called clean-energy transition, read “Cobalt Red.” It will leave you almost as shaken as its author, Siddharth Kara, who braved lawless militia and state-backed soldiers in the Democratic Republic of Congo as he visited the…
REAL CLEAR MARKETS ……….. Innovation is the sine qua non of our time. Corporate executives claim their business embodies it, whether it’s about computers or coffee. Politicians love to invoke it. Consultants claim they can imbue it, for a price. Venture capitalists chase it, sometimes blindly. Educators claim to teach it. Coders think artificial intelligence can fake it.
CITY JOURNAL……. The European Union has decided to tax imports with a “carbon border adjustment mechanism.” Intended to accelerate global reductions in carbon-dioxide emissions, the policy will instead inflate the cost of everything Europeans buy. Two basic facts about imports in Europe will drive the policy’s inflationary effects.
REAL CLEAR MARKETS ……… It’s the time of year for annual retrospectives. On the energy front, the electric vehicle (EV) was at the top of obsessions for 2022. Claims of an “inevitable” and “accelerating” proliferation of “zero emissions” EVs emboldened policymakers around the world to enact legislation to outright ban cars with internal combustion engines.
NEW YORK POST ……… I’m going to go out on a limb with a year-end prediction. The old joke in the physics community is still true: Fusion is always 50 years away. That detracts nothing from the news of an awesome scientific accomplishment from the Department of Energy’s Lawrence Livermore National Laboratory (LLNL).
WALL STREET JOURNAL ……….Bravo to Nick Stork and Joe Malchow (“One Man’s Trash Is Another’s Clean Fuel,” op-ed, Nov. 21) for endorsing an energy “price system untouched by government.” But in their otherwise sensible case for a bright energy future, they make a fundamental mistake by repeating a pernicious analogy: “The energy future may mirror…
