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The article argues that U.S. President Joe Biden's climate policies are ineffective and costly, with no significant impact on reducing emissions. Topics discussed include the failure of global climate policies to cut emissions, the high costs of Biden's green energy subsidies, and the overall ineffectiveness of subsidizing green energy compared to taxing carbon.

The International Energy Agency (IEA) was established in 1974 to provide authoritative data and analysis on energy security. However, in recent years, the IEA has become more focused on climate issues and has strayed from its original mission. The agency has bowed to pressure from climate activists and stopped publishing oil and gas demand forecasts that didn't align with their desired outcomes. This politicization of the IEA's forecasts poses risks, as it perpetuates the myth that there is no need for further investment in fossil fuels and undermines energy security. The IEA should return to producing unbiased, policy-neutral forecasts and clarify its stance on new oil and gas supply. [Extracted from the article]

The article discusses a shift in the conventional wisdom at the World Economic Forum in Davos towards the right. Previously, the conversations at Davos leaned towards left-leaning ideas such as state planning and less faith in the power of markets. However, this year, there was a recognition that statism doesn't work and that the world needs America. The article highlights reasons for this shift, including China's economic problems, Europe's decline compared to the US, and the challenges faced by green policies and ESG investing. Additionally, the article mentions the reminder of the importance of American power and leadership in maintaining global stability. [Extracted from the article]

The U.K. Conservative Party is currently experiencing a meltdown, with Prime Minister Rishi Sunak facing rebellion from members of Parliament over his handling of illegal migration. The party is also divided over economic policies, with some blaming former Prime Minister Liz Truss's tax cuts for economic issues. The economy is stagnant, inflation is rising, and the party is struggling to agree on a plan for economic growth. Additionally, there is discontent over energy policies and consumer prices have increased. As a result, the Tories are trailing behind the opposition Labour Party in opinion polls and are projected to perform poorly in upcoming elections. The party's decision to prioritize big government over supply-side reforms has made them unable to effectively manage the welfare state. Voters are now noticing the party's confusion and incompetence, and Labour is gaining more trust from voters. The article concludes by cautioning Republicans to not mistake the triumph of incoherence over incompetence as a viable long-term plan. [Extracted from the article]

The recent Dutch elections have gained international attention due to the victory of Geert Wilders, the leader of the right-wing Freedom Party (PVV). The PVV won a plurality of 37 seats in the 150-seat legislature, sending a clear message that voters are dissatisfied with the consensus on issues such as immigration and climate policy. Wilders has focused on immigration as his main campaign issue, with concerns about assimilation and the strain on the welfare state. While his proposed solutions, such as banning the Quran and Islamic schools, are extreme, centrist politicians have yet to offer alternative ideas for achieving assimilation. The election results reflect a growing trend of fringe parties gaining popularity in Europe, and centrist politicians must now compete with these parties by addressing the concerns of voters. [Extracted from the article]