Over the past three and a half years, I’ve advised clients and colleagues to cool their jets about the inevitability of globalist elites succeeding in forcing a rapid, premature transition away from an oil, natural gas, and coal-based energy system to one based on subsidized alternatives like wind, solar, and electric vehicles. The reason for the advice has been pretty simple: The entire energy transition initiative is based in politics, not in science, and the political pendulum swings, often quickly and radically.
We’ve already seen that happening in Europe in recent elections in Italy, the Netherlands, Sweden, and to the EU Parliament. In all those elections, as well as the coming elections in places like the UK, France, and Canada, overreaching energy and climate policies played a major role in what has amounted to significant voter revolts.
In the United States, the complete self-destruction by Joe Biden in his debate against Donald Trump Thursday evening signals an increased likelihood of a looming major pendulum swing come November, one that will have major implications related to energy and climate policies. But less than 12 hours after that debate concluded, the US Supreme Court published a 6-3 decision in the Loper Bright Enterprises v. Raimondo case, one that will almost certainly become its most impactful decision in recent years.
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