Ukraine War Has Forced the World to Recognize the Importance of Fossil Fuels

Daniel Turner, executive director of Power the Future, on how Russia's war against Ukraine is forcing countries to recognize the need for an energy-independence policy bolstered by access to fossil fuels. Bill of the Day is HB22-1101, Public Employees' Retirement Association Service Retiree Employment In Rural Schools.

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Ukraine War Has Forced the World to Recognize the Importance of Fossil Fuels
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Russia’s War Against Ukraine Has Impacted Energy Policy Around the World

As Russia crossed Ukraine’s borders, the world sluggishly reacted to the implication of reduced energy production and access. Russia is a major global oil and natural gas exporter. The Nord Stream pipelines, which funnel Russian gas to Germany and other European countries, were contested from inception because recipient countries would become dependent on Russia for their energy needs. The Ukraine war has forced the European Commission to admit that the future of Nord Stream is in danger and that Europe must become more energy independent.

Meanwhile, in America, gasoline prices and the price of a barrel of oil have risen dramatically in the past two weeks. Prices are expected to soar even higher after President Biden announced that America will ban Russian oil. For Russia, this will be an economic blow, but the impact will also be felt by American citizens and businesses. Would America or Europe be in this situation if they had pursued a balanced, energy-independent policy instead of pursuing pie-in-the-sky Green New Deal ideals? Daniel Turner, Executive Director of Power the Future joins Kim to discuss the impact of Russia’s invasion of Ukraine on energy and reversing the unsustainable Green New Deal.

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Bill of the Day HB22-1101, Public Employees’ Retirement Association Service Retiree Employment In Rural Schools

Bill summary:

The bill expands a program, currently scheduled to repeal on July 1, 2023, that allows a public employees’ retirement association (PERA) service retiree to work full-time without any reduction in the service retiree’s retirement benefits for a rural school district that has a critical shortage of qualified individuals with specific experience, skills, or qualifications that the service retiree has by:

  • Making the program permanent; and
  • Adding school nurses and paraprofessionals to those who are eligible for post-PERA retirement full-time employment; and
  • Allowing a board of cooperative services or a charter school that is located within a rural school district and that has such a critical shortage to participate in the program.

The bill also requires PERA to submit additional reports, containing the same types of information as the initial report that PERA submitted as required by law in 2020, to the finance committees of the general assembly on or before December 1, 2025, and on or before December 1 of each fifth year thereafter.

HB22-1101, Public Employees’ Retirement Association Service Retiree Employment In Rural Schools. The bill has bi-partisan support. Republican Sponsors are Representative Marc Catlin and Senator Jerry Sonnenberg. Democrat sponsors are Representative Barbara McLachlan and Senator Rachel Zenzinger.

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The Kim Monson Quote of the Day for March 8, 2022

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