Commentary: Energy Companies Are Finally Backtracking on Their Absurd Green Goals

Is the public finally waking up to the inherent absurdities taking place in the energy space in the U.S. and across the Western world in recent years? Recent votes taken on ESG and climate change-related shareholder initiatives at major oil company annual board meetings indicate that may well be the case.

Though it has received scant attention across the legacy news media in general, the Financial Times reported recently that such shareholder initiatives were overwhelmingly rejected by shareholders of both ExxonMobil and Chevron, with most receiving less than 10 percent support. Similar initiatives in the previous few years would typically generate support in the 30-40 percent range, with a handful even gaining majority support.

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Changes Needed to Make a Pennsylvania Hydrogen Hub Work

As Pennsylvania lawmakers aim to lure billions of federal dollars for a hydrogen hub to the commonwealth, the General Assembly would need to reform the legal and permitting process to make it happen.

The intricacies of such action were center stage at a Senate Environmental Resources & Energy Committee hearing on Monday.

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