Tag: energy costs

Commentary: The International Energy Agency’s Net Zero Roadmap Will Increase Energy Costs

Michigan Star Staff

Two years ago, efforts by climate activists and Environmental, Social, and Governance (ESG) investors to block investment in oil and gas production by Western companies appeared to have received a seal of approval from no less an authority than the International Energy Agency (IEA), when it published Net Zero by 2050: A Roadmap for the Global Energy Sector. As a result, attempts to achieve net zero carbon emissions (NZE) by 2050 became central to the “E” in ESG and the IEA’s net zero roadmap has come to define the NZE baseline for energy companies.

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White House Adviser Claims High Gas Prices Necessary for ‘Future of the Liberal World Order’

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White House economic adviser Brian Deese on Thursday told CNN that high gas prices were a necessary inconvenience to preserve the “future of the liberal world order,” amid the ongoing Russian invasion of Ukraine.

The average price of gas exceeded $5 per gallon for the first time in U.S. history in early June.

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Commentary: Biden’s Budget of Taxes, Taxes and More Taxes

Michigan Star Staff

Inflation is running rampant, federal spending is out of control, gas prices are at an all-time high and Americans are pessimistic on the future outlook of the economy. So what is President Joe Biden’s solution?

He has released a budget proposal that includes 36 tax increases on families and businesses totaling $2.5 trillion over the next decade. Alarmingly, this includes 11 tax increases on the oil and gas industry, taxes that will put a burden on households.

The budget doesn’t even include all the tax increases being pushed by Democrats because the budget omits the cost of tax increases within their stalled multi-trillion dollar Build Back Better Act. Instead of detailing these tax increases, the Biden budget includes a placeholder asserting that any new spending will be fully offset.

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Commentary: Freedom Is the Essence of American Exceptionalism

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Well Head where fluids are injected into the ground

President Joe Biden has continuously stated that “climate change” is the highest priority of his administration, fueled by Build Back Better spending. We are witnessing the disastrous impacts that establishing the wrong priorities can have.

On the day Biden became President, America was energy independent, our borders were secure, and the world was relatively peaceful.

Biden has done everything possible to shut down, curtail, and undermine American energy production. First, he shut down the permitted Keystone Pipeline. Then he eliminated fracking on federal lands, and slowed permits for new oil fields.

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Experts Slam Biden’s Plan to Build Government-Funded Wind Farms

Michigan Star Staff
Dan Kish

Energy experts criticized President Joe Biden’s plan to prioritize wind farms, arguing wind power is costly, inefficient and indirectly produces greenhouse gas emissions.

Wind energy, like solar, is often unreliable since it is intermittent, or highly dependent on nature and out of the control of suppliers, according to the experts. Higher reliance on wind to produce even a fraction of a nation’s energy supply, therefore, cou ld lead to higher prices depending on the weather.

“Both wind and solar have Achilles heels in that they’re intermittent,” Dan Kish, a senior fellow at the Institute for Energy Research, told the Daily Caller News Foundation in an interview.

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