Why the Iran War is a Brutal Reality Check for the ‘Green’ Lobby
https://principia-scientific.com/why-the-iran-war-is-a-brutal-reality-check-for-the-green-lobby/Just hours before the war in Iran kicked off, North Dakota District Court Judge James D. Gion issued a final judgment ordering several Greenpeace entities to pay $345 million to Energy Transfer to compensate for their destructive role in the 2016–2017 Dakota Access Pipeline (DAPL) protests
Among those ordered to pay was Greenpeace USA—and because the judgment is larger than its yearly revenues and far exceeds its readily available assets, the case is understandably considered existential for that organization.
For a US state with a population just under 800,000, North Dakota punches well above its weight in global energy markets.
Representing one of the Union’s more conservative states, local leaders made the political decision to aggressively develop the Bakken Formation, an attractive shale play that helped push oil production to over 1 million barrels per day (bpd) in just a few years.
Australia closed their refineries. The Iran War happens and is now leading problems. Green energy is quixotic.
