The world has changed. Although few yet understand it, the revolution in the production of oil and natural gas from shale has altered the course of global energy, affecting most of the world’s people. This is not a short-term event. Citizens, industries and nations will be impacted for decades to come.
Klein’s greatest strength is recognizing that nothing less than the abolition of capitalism will achieve the drastic reductions in emissions her side is calling for … and she’s willing to say it out loud. I love that about her. The leaders of the environmental movement, who pretend this isn’t about ideology and that “stopping” climate change would be costless, hate her for revealing this.
The wheels of reform move slowly, but on July 15, the first international investors put their toes in the shallow water of Mexico’s oil prize—which could be “as big as the proven reserves of Kuwait.” The Financial Times (FT) calls Mexico’s potential 107.5 billion barrels of oil: “quite a feast.” FT adds: “The country is viewed as one of the dwindling number of opportunities to add substantial reserves to portfolios after several years when the oil majors have struggled to make big discoveries.”
On October 29, a group of Amherst College faculty members sent an open letter to the president of the college and the chairman of the board of trustees urging them to “move toward divesting the college of holdings in those corporations that are committed to fossil fuel extraction to the exclusion of making serious investments in renewable energy.” Regrettably, the faculty members’ letter made several false and malicious claims about The Heartland Institute, which we reply to in the letter below.
It is getting tiresome countering every lie groups like the Soros-funded Media Matters puts out about The Heartland Institute — which is why we have a “reply to our critics”[…]
Don Shelby at MinnPost.com ripped Republican Minnesota state Sen. Michael Jungbauer in a piece today for supposedly not having his facts straight about global warming. (Shelby believes it’s happening at an[…]
Part of my job as director of communications for The Heartland Institute is to defend the organization when attacked by the left. If I responded to every salvo — especially[…]