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Biden Fed nominee Raskin faces GOP opposition over climate activism by Zachary Halaschak Sarah Bloom Raskin, President Joe Biden’s pick for a top Federal Reserve role, has been heralded on the Left as a climate crusader — a reputation that will complicate her confirmation prospects. The major focus of GOP arguments against Raskin will feature her view that climate change is a systemic risk to the U.S. financial system and […]

Woke Capital Won’t Save the Planet – But It Will Crash the Economy By Rupert Darwall January 25, 2022 Judged by BlackRock CEO Larry Fink’s latest letter, January 2022 might turn out to be the highwater mark of woke capitalism. Stakeholder capitalism is not “woke,” Fink says, because capitalism is driven by mutually beneficial relationships between businesses and their stakeholders. He’s right. What Fink describes is capitalism pure and […]

Lomborg: Want to Lock Down for the Climate? Hitting environmentalists’ emission timetables would take far more than even what the pandemic forced By Bjorn Lomborg Excerpt: From the news to late-night shows, much of the media makes it sound as if renewables are on the verge of taking over. But that’s far from reality. In 2019, the latest complete year of data, 81% of the world’s energy supply came from fossil fuels, according to the International […]

U.S. has gone from energy independence back to energy dependence — Thanks to Biden Remember US Energy Independence Day? By Stephen Moore Once, during a meeting with then-presidential candidate Donald Trump inside Trump Tower on Fifth Avenue in New York, we discussed energy policy. I told Trump that if we went all out to produce America’s abundant supply of oil, gas and coal, the United States could be […]