From the Daily Caller News Foundation

By Audrey Streb

The Department of Energy (DOE) released a new scientific analysis on Tuesday finding that climate change is not humanity’s most existential threat and that emissions will not devastate the economy as climate alarmists have claimed for years.

Released as the Environmental Protection Agency (EPA) announced that it is moving to repeal a cornerstone climate regulation, the report states that drastic energy policies are unlikely to effectively reverse climate change and could even potentially cause more harm than benefit. Authored by scientists including former Obama DOE Under Secretary for Science Steven Koonin and climatologist John Christy, the report undermines the prevailing narrative of climate catastrophe often touted by Democrats and legacy media calling for a rapid, taxpayer-funded green energy transition.

“Climate change is real, and it deserves attention. But it is not the greatest threat facing humanity. That distinction belongs to global energy poverty,” Energy Secretary Chris Wright wrote in the report’s foreword. “What I’ve found is that media coverage often distorts the science. Many people — even well-meaning ones — walk away with a view of climate change that is exaggerated or incomplete.”

DOE Critical Review of Impacts of GHG Emissions on the US Climate July 2025 by audreystreb on Scribd

The report, titled “A Critical Review of Impacts of Greenhouse Gas Emissions on the U.S. Climate,” states that the impact of global warming on the U.S. economy is expected to be “negligible.”

“CO2-induced warming might be less damaging economically than commonly believed, and excessively aggressive mitigation policies could prove more detrimental than beneficial,” the report reads. “There is evidence that scenarios widely-used in the impacts literature have overstated observed and likely future emission trends.”

Impacts of policies mandating significant cuts on greenhouse gas (GHG) emissions are also projected to be “negligible” because local emissions regulations are unable to significantly slow the global effects of climate change, according to the report.

“Even the most aggressive regulatory actions on GHG emissions from U.S. vehicles cannot be expected to remediate alleged climate dangers to the U.S. public on any measurable scale,” the report reads.

The report states that it is “naive” to assume that extreme weather events like hurricanes or tornadoes are brought about by human impacts on the climate. Furthermore, it states that “most types of extreme weather exhibit no statistically significant long-term trends over the available historical record.”

“These green energy policies hurt people more than the climate risk,” meteorologist Chris Martz told the Daily Caller News Foundation, noting that the report indicates most extreme weather events have not increased over time — and some have even decreased. “Forcing intermittent and unreliable energy on people is going to lead to a poorer standard of living and a poorer quality of life.”

The report and the proposed EPA action to rescind the 2009 Endangerment Finding will be open to public comment, which Wright notes in the foreword is a part of “honest scrutiny and scientific transparency [that] should be at the heart of our policymaking.”

The five authors who drafted the report included several scientists and one economist: Koonin, Christy, . Wright noted that he asked the “diverse team of independent experts” to summarize what is currently known about climate science and how it translates to the U.S.

Christy told the DCNF that “this is not the final product as we are gearing up to address the many public comments that will come in – and we will fix any mistakes we may have made for the final version.”

“There has been a noticeable lack of evidence-based information feeding the climate narrative, and we wanted to bring that to bear in this report. It will surprise many folks I suppose to see the lack of trends in various types of extreme weather after being constantly told their occurrences are increasing,” Christy told the DNCF. “Make no mistake, CO2 is a greenhouse gas that all things being equal will exert a warming influence.  The evidence we present is that the impact of that warming is not a developing crisis as the world continues to develop wealth and prosperity.”

Christy also told the DCNF that “without energy life is brutal and short,” noting that meeting energy demand is necessary for human health.

Other energy sector experts have pointed to the DOE report as a landmark release that deals a major blow to the climate alarmism narrative.

“Much to the chagrin of climate ‘panicans,’ Secretary Chris Wright assembled five credible scientists to publish this seminal and important report,” Gabriella Hoffman, director of the Center for Energy & Conservation at the Independent Women’s Forum, told the DCNF. “Let’s clear the air: The science on CO2 isn’t settled. And it’s worthy to have a debate about whether or not it’s actually harmful to human health and welfare. As the authors noted, fixating on CO2 — a component that only makes up 0.04% of the atmosphere — might have more adverse negative impacts than CO2 itself.”

From The Center Square

By Tom Joyce

“BlackRock is playing a game of deceit. Fink and his team are trying to say all the right things to conservatives while quietly doubling down on their activist agenda behind the scenes.”

A group of 26 financial officers from 21 states sent letters to 18 major financial institutions this week, warning them to abandon environmental, social, and governance (ESG) practices if they wish to continue doing business with their states.

The letters said ESG has undermined the traditional fiduciary duty that firms owe their clients, focusing solely on financial return, and instead prioritizes advancing political agendas.

“Fiduciary duty has long been a critical safeguard that facilitated efficient capital allocation grounded in financial merit rather than political ideology,” the letter said. “But that clarity is being diluted under the banner of so-called ‘long-term risk mitigation,’ where speculative assumptions about the future, like climate change catastrophe, are used to justify ideological conclusions today.”

Signers include state treasurers, auditors, and comptrollers from states like Alabama, Arizona, Florida, Louisiana, Missouri, North Carolina, Pennsylvania and Utah. BlackRock CEO Larry Fink and 17 other financial leaders were recipients of the joint letter. Others include executives from Vanguard, Fidelity, JP Morgan, Goldman Sachs, and State Street.

The letter said that while some firms have started leaving global climate coalitions and reducing ESG-related proxy votes, the state financial officers want “durable assurances” that fiduciary duty, not politics, drives investment decisions.

“While some firms have recently taken encouraging steps, such as withdrawing from global climate coalitions and scaling back ESG rhetoric and proxy votes, and some states have permitted incremental reintegration, more work must be done,” the letter said. “The number one issue is a recommitment to the foundational principles of fiduciary duty, loyalty, objectivity, and financial focus.”

The move comes after Texas removed BlackRock from its blacklist earlier this month and resumed investing with the firm – a move that drew criticism from others still pushing back against ESG. The letter indicates that many states won’t follow suit.

“Financial institutions wishing to compete for our states’ business should provide durable assurances that their practices align with these principles,” the letter said. “Our responsibility is to ensure public assets are managed in the best financial interest of beneficiaries and taxpayers.”

O.J. Oleka, president of the State Financial Officers Foundation, said the states are right to demand proof that ESG is no longer a factor in investing for these companies.

“Actions always speak louder than words. Requiring America’s financial giants to prove their independence from woke ideology with concrete steps before doing business with a state’s dollars is fully necessary and just makes sense,” Oleka said. “These financial officers are doing the right thing for their states and the taxpayers whose financial security they’ve been entrusted to protect.”

Will Hild, executive director of Consumers’ Research, also praised the letter.

“BlackRock is playing a game of deceit,” Hild said. “Fink and his team are trying to say all the right things to conservatives while quietly doubling down on their activist agenda behind the scenes.”