EUROPE’S ENERGY CRISIS IS KEEPING ENERGY PRICES AND INFLATION HIGH
America leads the world in oil and gas production. We believe midstream energy infrastructure offers predictable cash flows to investors..
Gains From Energy
Last week the WSJ published an interesting chart, reproduced below. It was in an article ominously titled America’s Economy Is No. 1. That Means Trouble. The chart shows that US share of global GDP has been increasing for over a decade. We’ve gone from 21% in 2011 to 26% this year. It’s an amazing performance. […]
Adults Are Taking Over The Energy Transition
Progressives will maintain that the planet is on track to burn up, but realists will see an unfolding positive story. Transitioning our energy systems is incredibly expensive, slow and inflationary. JPMorgan just published research (The Energy Transition: Reality check needed) acknowledging this and calling for a reset. No big company says anything about energy without […]
Discussing The Energy Transition With An Expert
As we sat down to lunch in London’s west end earlier this month, Richard told me his family had been good friends with Patrick Moore, presenter of BBC’s The Sky At Night from 1957 until his death in 2012. He was a passionate amateur astronomer who taught viewers what they were looking at in the […]
America Still Has Cheap Energy
The Wall Street Journal called it “Biden’s Green-Energy Price Shock”, noting that electricity prices have increased by 21% since January 2021. That this has coincided with increased solar and wind output ought to surprise no-one. Thoughtful progressives should hail this as a positive development and argue that higher energy prices are an inevitable and worthwhile […]
Realism On The Energy Transition
Vaclav Smil is often described as a polymath. His website says he does interdisciplinary research in the fields of energy, environmental and population change, food production, history of technical innovation, risk assessment, and public policy. He is Distinguished Professor Emeritus at the University of Manitoba. I first came across his books when Bill Gates described […]