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DAILY ENERGY NEWS | 06/07/2023
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** Biden wants to give the keys to the DOD to an organization advocating for a reduction in human population to "save the planet" of course.
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Daily Caller ([link removed]) (6/6/23) reports: "The Biden administration is pushing to give veto power over major Pentagon contracts to a group of climate activist groups that advocate for establishing 'guardrails' on economic growth, according to a Daily Caller News Foundation investigation. The administration proposed a rule in November that requires major contractors for the Department of Defense (DOD), NASA and Government Services Agency (GSA) to submit climate-related goals to a consortium of activist organizations, called the Science Based Targets initiative (SBTi), for validation. If the SBTi rejects the contractor’s plan to reduce emissions, the company would no longer be eligible to compete. However, the groups behind the SBTi are part of the Global Commons Alliance, a climate
activist network that seeks to limit economic development and set up international watchdogs to monitor climate pledges of governments and private companies, according to a DCNF review of the network’s activities. The Alliance’s components advocate for limits on consumption, redistribution of resources between rich and poor people and a more ambitious set of goals to mitigate perceived changes to the climate. Additionally, scientists involved in the Alliance have argued for the need to limit Earth’s population to preserve the climate."
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** "The gravest threat to our living standards, freedoms and true justice is not from climate change. It is from dictatorial edicts imposed in the name of controlling Earth’s perpetually fickle climate."
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– Paul Driessen, CFACT ([link removed])

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Climate reparations are the next big thing. These guys are arguing that every American owes $500k to developing parts of the world because of historic CO2 emissions.

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This is very curious.

** Ars Technica ([link removed])
(6/6/23) reports: "All versions of the Tesla Model 3 sedan now qualify for the full IRS clean vehicle tax credit. Tesla CEO Elon Musk used Twitter to share the news last week, but it has now been confirmed by the federal government on its consumer-facing fueleconomy.gov site. However, given Tesla's lack of a communications department, it's unclear exactly what has changed that allows this electric vehicle to qualify once again. Until the end of 2022, the IRS offered a tax credit of up to $7,500 for qualifying plug-in vehicles. The size of the credit was based on battery capacity, and there was a provision to sunset the tax credit for a given manufacturer once it sold more than 200,000 plug-in vehicles. As Tesla only sells plug-in vehicles, it was the first to hit this cap, reaching that milestone in the second quarter of 2018. (General Motors was the only other OEM to also pass this milestone; it did so at the end of 2018.)...When the full rules went into effect in April, the Model 3
Performance qualified for the full $7,500, and the Model 3 Standard Range qualified for a $3,750 credit due to the sourcing of its battery cells from China's CATL rather than Panasonic. And when Tesla reintroduced the Model 3 Long Range at the beginning of May, it, too, qualified for half the tax credit. According to the IRS and the EPA, all versions of the electric sedan now qualify for the full $7,500. The big question is how, and without a comms department, the automaker is not saying. "

It's super serious this time.

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Energy Markets


WTI Crude Oil: ↑ $72.15
Natural Gas: ↑ $2.32
Gasoline: ↑ $3.55

Diesel: ↑ $3.91
Heating Oil: ↑ $237.81
Brent Crude Oil: ↑ $76.65
** US Rig Count ([link removed])
: ↓ 738



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