Free Republic

On Friday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” Special Presidential Envoy for Climate John Kerry stated that wind and solar power will become “far more price competitive than oil and gas” if oil and gas companies see their costs rise because they “have to spend huge amounts of money for carbon capture and storage and utilization.” Kerry said, “I would say to you, Andrea, that, frankly, I’m surprised, pleasantly, on the positive side, by the amount of things that are just taking hold. We see remarkable progress on batteries and battery storage. We’re seeing the price of wind and solar...

WASHINGTON — The Biden administration is planning some of the most stringent auto pollution limits in the world, designed to ensure that all-electric cars make up as much as 67% of new passenger vehicles sold in the country by 2032, according to two people familiar with the matter. That would represent a quantum leap for the United States — where just 5.8% of vehicles sold last year were all-electric — and would exceed President Joe Biden’s earlier ambitions to have all-electric cars account for half of those sold here by 2030. It would be the federal government’s most aggressive climate...

(CNSNews.com) – The $825 billion government stimulus package unveiled by congressional Democrats on Friday contains billions of dollars in government spending supposedly designed to create jobs and stimulate the economy. However, the package also contains a host of items congressional leaders rarely mention, including hundreds of millions of dollars for cable TV boxes, new windows in government housing, and day care, among numerous other economic stimulus programs. Drafted by Rep. David Obey (D-Wis.), chairman of the House Appropriations Committee, the stimulus proposal – the “American Recovery and Reinvestment Bill” – claims that without the massive federal spending, America will face...

Two weeks ago, our company, CNOOC Ltd., extended a friendly, all-cash offer to Unocal's board of directors. After being invited to engage in dialogue with Unocal earlier this year, we entered detailed negotiations regarding a possible merger. We have made our offer because Unocal's asset base fits our business extremely well--70% of its oil and gas reserves are close to Asian markets where we operate. We are listed on the New York and Hong Kong stock exchanges and have fiduciary obligations to all of our shareholders. We believe this merger will offer our shareholders, which include many leading U.S. institutional...