According to the Apocalyptic climate narrative, humanity faces an existential threat from global warming that can be averted only by aggressive suppression of fossil-fuel use. This paper details the flaws in the Apocalyptic climate narrative, including why the threat from human-caused climate change is not dire and why urgent suppression of fossil-fuel use would be unwise. We argue that sensible public policies would focus instead on developing a diversified portfolio of energy sources to support greater resilience and flexibility to respond to whatever weather and climate extremes might occur. We identify nine principles for sensible US public policies toward energy and discuss implications of the flaws in the narrative for investors and their agents.