U.S. Supreme Court Refuses to Block Biden’s “Social Cost of Carbon”
In his first two days in office, Joe Biden declared war on the oil and gas industry. One of the first things he did was to revive an interagency working group on the “social cost” of greenhouse gas emissions and directed the issuance of an “interim” cost (see What Biden’s First Two Days on the Job Mean for the O&G Industry). The social cost of carbon dioxide emissions is a metric that regulators use to assess the monetary impact of emissions increases. On his very first day in office, Biden restored the so-called climate cost estimate to $51 per ton of carbon dioxide emissions after the Trump administration had reduced the figure to $7 or less per ton. In February a federal judge overturned Biden’s order (see Fed Judge Overturns Biden Order to Use Global CO2 Cost Estimates), but in March a panel of judges overturned that judge and reinstated Biden’s crazy-high carbon cost (see 5th Circuit Restores Biden Order to Use Global CO2 Cost Estimates). The case was appealed to the U.S. Supreme Court and the Supremes weren’t so Supreme this time, saying they won’t block Biden’s obscenely high cost of carbon number.
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The world’s so-called leaders will meet in Stockholm, Sweden, on June 2-3 to commemorate the 1972 United Nations Conference on the Human Environment and celebrate 50 years of failed global environmental action. It will be another attempt at establishing a Green World Order–subjugating all of humanity under the banner of “saving” us from global warming. It’s all a sham, of course. Stockholm+50, as it’s called, is the rise of the parasitic New Communism using the environmental movement as its host. Here’s something for the delegates at Stockholm+50 to consider and debate: How will the world react to half of its population, around 4 billion people, dying from starvation if fossil energy is outlawed?
Olympus Energy (formerly Huntley & Huntley) drills in the Greater Pittsburgh region, in Allegheny and Westmoreland counties. Last year Olympus filed an application to build a new well pad in a rural part of Allegheny County, in West Deer Township. So-called “concerned citizens” got amped up to oppose the project. They succeeded when the Dionysus well pad was rejected by town supervisors (see 
Efforts by brave states like Texas and West Virginia in fighting back against companies like BlackRock who demand divestment from any activity involving the extraction of fossil fuels is having an effect. The divestors are beginning to squeal like little piglets. In June 2021, Texas Gov. Greg Abbott signed a bill into law that bans state investments in banks, investors, and other companies that have cut ties with the oil and gas industry (see 
Every “game” comes to an end when play must stop and a winner, and a loser, are declared. If you watch basketball you know that the final couple of minutes can last what seems like a lifetime. One team, up by 2 or 3 points, gains possession of the ball and they are in the lead. What do they do? Play keep-away. Run the clock down so the opponent can’t score to tie or pull ahead. What does the opponent do? Try to foul the person with the ball, or call for a time-out, in order to stop the clock and (hopefully) when the ball is thrown in and play resumes, regain possession and score. In a sense, that’s what is happening with the 94% complete Mountain Valley Pipeline (MVP) project, a 303-mile pipeline from West Virginia to southern Virginia. Right now anti-American Big Green groups have possession of the ball (having co-opted leftist judges) and they are ahead by one point, hoping to end the game by running out the clock. Will they succeed?
Yesterday Joe Biden delivered an address from the White House to talk about inflation. He blamed the high price of gasoline (and diesel fuel) on: (1) Vladimir Putin, (2) oil companies price gouging, and (3) Republicans who refuse to sign on to so-called renewables. He’s wrong on all three counts, but that’s another post for another time. Our point is that Biden continues to say he wants more oil production here at home to address the problem of high gasoline prices. Yet his actions disprove the words coming from his mouth (i.e. he’s lying). Biden and his administration continue to aggressively try to cut, reduce, and even block new permits and drilling on publicly-owned land. Some 25% of the oil production in the U.S. comes from wells on publicly-owned land. And yes, there is a tie-in with the Marcellus/Utica on this issue.
The editorial writers at the Wall Street Journal have taken notice of something MDN has been trumpeting for more than four years: The same three Democrat judges who sit on the U.S. Court of Appeals for the Fourth Circuit keep killing U.S. energy projects. Specifically, they’re prejudiced against natural gas pipeline projects. We’re talking about Judge Stephanie Thacker, appointed by Barack Hussein Obama; Judge James Wynn, appointed by Barack Hussein Obama; and Chief Judge Roger Gregory, appointed by William Jefferson Clinton. These three leftwing judges find the smallest, nitpicky things to use as an excuse to block the completion of the 94% completed, 303-mile Mountain Valley Pipeline (MVP). Enough!