Nuclear

What to do about Iran?

China is surely America’s most dangerous threat over the medium term, but Iran is surely the most dangerous right now. The Islamic Republic would be even more dangerous if the Israelis had not decimated the Mullah’s deadly “ring of fire,” the proxy forces across the Middle East funded, armed, trained, and directed by Tehran. But removing these proxies (all except the Houthis in Yemen) does not remove Iran’s nuclear threat. That threat now faces the Trump administration and Netanyahu’s coalition in Israel, leaving only difficult choices. To understand the current problems, we need to grasp a series of fundamental issues surrounding Iran’s nuclear program. • What are Iran’s objectives?

Fordow

ESG is a surprise boon for fossil fuel giants

ESG, or environmental, social and corporate governance, has taken the financial world by storm. It first hit the scene in a 2004 United Nations report that argued the financial sector could rack up more profits if it focused on carbon dioxide reduction and UN-approved progressive causes and has ballooned into a big, green financial juggernaut. In 2021, ESG assets under management hit an estimated $35 trillion. Bloomberg projects that by 2025 $53 trillion will be invested in ESG vehicles — that’s over one third of global assets under management and over five times 2007’s total of $10 trillion of ESG assets.  The main thrust is to hasten the renewable energy transition to solve climate change by diverting capital from fossil projects to various green projects.

opec aramco esg

Jimmy Carter’s second act was better than his first

Jimmy Carter is commonly depicted as one of America’s worst presidents. His four-year tenure is said to be a mishmash of screw-ups, from high energy prices and even higher inflation to low economic growth and a very public, very embarrassing hostage rescue attempt in Iran. His signature achievement, the 1978 Camp David Accords, which codified peace and normalized diplomatic relations between Egypt and Israel, is treated as a small stretch of fresh pavement in an otherwise potholed road. Fair or not, that’s the perception.

jimmy carter

Biden cracks down even on green energy

We know that government’s knack for finding something wrong with everything rivals even the most stereotypical mother-in-law. But the relentless fault-finding’s latest victim may surprise you: federal prosecutors have fined a green energy company $8 million and slapped on a five-year probation period after bald and golden eagles died on its wind farms. There is now no such thing as “clean energy.” Even so-called “green energy” is tinged with the blood of birds. Just when you thought the war on energy couldn’t get any more ridiculous, Joe Biden's Department of Justice has sucker-punched one of its own golden boys.

Stop enabling the crisis junkies

Did you make good use of the neatly palindromic 2/22/22? To refresh your memory, it was a day that turned out be the narrow window between the moment when the evolving “science” suddenly allowed Democratic governors to start lifting their states’ mask mandates, and Vladimir Putin launching his special mission to “protect the people” in eastern Ukraine. I hope you enjoyed it, because given the way the mainstream media portray the news these days, it may be a while before we’re all allowed our next respite from the seemingly permanent existential crisis that runs as a through-line to our human condition.

crisis

The Iran nuclear talks are on the brink of collapse

With diplomats fearing that the Iranian nuclear talks will collapse, minds are inevitably turning to what happens the morning after. In the realm of politics, this has amounted to buck-passing. Last week, White House press secretary Jen Psaki told journalists: “None of the things we’re looking at now…would be happening if the former president had not recklessly pulled out of the nuclear deal, with no thoughts about what might come next.” In the real world, meanwhile, with regional peace in the balance, the stakes are rather higher. As the Biden administration’s softly-softly approach plunges towards global humiliation, American negotiators have been waking up to what should have been obvious from the start: you can’t build an effective Iran strategy with carrots.

Exclusive: How Israel is attacking Iran’s nuclear sites

Israel has carried out three major operations over the last eighteen months against Iran's nuclear sites. These attacks involved as many as a thousand Mossad personnel and were executed with ruthless precision using high-tech weaponry including drones and a quadcopter — and spies within Tehran's holy of holies, its nuclear program. While Joe Biden’s nuclear negotiators try to snatch catastrophe from the jaws of defeat in Vienna, Israel is taking things more seriously. Last week, Naftali Bennett, the Israeli prime minister, pivoted to a new policy on Tehran: retaliating against aggression from militias backed by Tehran with covert strikes on Iranian soil. This builds on the extensive capabilities that the Mossad has built up in the Islamic Republic in recent years.