The water cycle describes where water is on Earth and how it moves. Human water use, land use, and climate change all impact the water cycle. By understanding these impacts, we can work toward using water sustainably.

The federal government is designating $4 billion from the Inflation Reduction Act for drought mitigation work in the Colorado River basin.

The global water crisis threatens U.S. national security and prosperity. Water insecurity endangers public health, undermines economic growth, deepens inequalities, and increases the likelihood of conflict and state failure. Strong water, sanitation, and hygiene services, finance, governance, and institutions are critical to increasing resilience in the face of global shocks and stressors, such as the COVID-19 pandemic and climate change.

Every year for the last 12 years, Michael Cembalest, the Chief Investment Officer at J.P. Morgan asset management, has published a report on the state of the global energy space. It is a comprehensive assessment of the state of play in the world of energy, chock full of charts and data related to every industry segment. Cembalest titled this year’s edition of the report - which is a service to customers but is also publicly available - “The Elephants in the Room.”

One-third of U.S. natural gas production comes from Appalachia and it is pushing total output to record highs amid growing demand, the federal government said today. Between 2020 and 2021, total natural gas production increased 3.5%, with Pennsylvania and Texas accounting for the lion’s share.

Infrastructure constraints in the Marcellus and Utica shale plays are not just keeping the natural gas in, they are keeping capital out.

Given skyrocketing prices for natural gas (and oil-based products) in the Empire State, Zeldin’s support for fracking appears to be having a positive impact on the race. Zeldin, a fracking supporter, may even win–although it’s still a long shot.

The government hopes shale gas can accelerate domestic energy supply with the aim of the UK becoming a net energy exporter by 2040.

More states are looking to divest state pension funds from BlackRock and other woke ESG investment banks that push anti-fossil fuel agendas.

ESG investing is a euphemism from environmentalists that means divesting from fossil energy companies. The huge California Public Employees’ Retirement System (CalPERS), with $479 billion in assets under management, has been investing using ESG guidelines for more than a decade. A recent Wall Street Journal article revealed CalPERS has lost huge amounts of money by focusing on ESG investing (see Dark Side of ESG – Huge Losses for Investors, High/Regressive Taxes). Harvard went all-in last year with its ESG investing program–and lost $2.3 billion!