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Posts Tagged ‘WSJ’

Kayla Bartkowski/Los Angeles Times/Getty Images

WSJ article on Sable Offshore:

“Oil giants have fled California, but James Flores is desperate to get in, even if it means crossing swords with the state.”

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WSJ: “How many multibillion-dollar projects must go bust before a Governor comes to his senses? The answer is blowing in the wind, but New Jersey’s Phil Murphy doesn’t seem to be listening.”

Ouch!: Note how it’s always the developers that give up on these projects and never the state, despite the awful prospects for ratepayers. Gov. Murphy has treated renewable energy as a sacred cause no matter the costs since 2018. That includes a bill he signed to let Ørsted pocket federal credits it had promised to pass on to customers, though he clawed money back when the projects died.

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For three decades you were labeled a crank, a “climate denier,” someone who pigheadedly rejects “settled science,” if you didn’t embrace the belief that life on earth faces imminent extinction from “global warming” and, later, “climate change.” The possibility that an entire academic discipline, climate science, could have gone badly amiss by groupthink and self-flattery wasn’t thought possible. In many quarters this orthodoxy still reigns unquestioned.

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