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ENERGY NEWS  |  03/05/2020
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Beating the Greens at their own game.


Washington Times (2/29/20) reports: "Under President Trump, the United States led the world in reducing carbon-dioxide emissions in 2019, but don’t expect Greta Thunberg to give him a hug any time soon. International Energy Agency data released earlier this month showing that U.S. emissions dropped by 2.9% last year failed to make an impression with Democrats, environmentalists and climate activists, who either shrugged off the data or argued that Mr. Trump’s climate-denialism was somehow thwarted. 'U.S. carbon emissions declined last year in spite of every effort by the Trump administration to prop up dirty energy,' said David Doniger, senior strategic director of the Climate & Clean Energy Program at the National Resources Defense Council, in an email. Such responses drew an eye-roll from Republicans...Myron Ebell, director of the Center for Energy and the Environment at the free-market Competitive Enterprise Institute, said that cheering the reduction surrenders the field to the climate-change movement. 'I have very contrary feelings about it,' Mr. Ebell said. 'I understand why various people want to take credit for it because it annoys and challenges other countries, which are not making reductions in carbon-dioxide emissions. But on the other hand, it concedes the point that there’s something good about lowering carbon-dioxide emissions.'"

"As the policies of the Trump administration and the move toward competitive electricity markets have proven, energy markets work. American can be energy independent with an affordable and reliable energy supply."

 

– Bill Peacock,
Texas Public Policy Foundation

Way to drop the important part at the end! America is enjoying its cleanest air in decades!


New York Times (3/4/20) reports: "Air pollution is killing more people than war, malaria or cigarettes. That’s the conclusion of a scientific paper published this week that quantified the causes of premature deaths from various sources. It found that, in 2015, the one year investigated, 8.8 million excess deaths could be attributed to air pollution, which is far greater than any other cause of premature mortality. Smoking was nearly as bad, killing 7.2 million that year, the study found. Vector-borne diseases like malaria caused 600,000 deaths. Violence, including wars, claimed 530,000 lives. (As for viral diseases, a separate study in 2018 found that the seasonal flu virus kills between 291,000 and 646,000 people a year, a great many more than the death toll of around 3,200 from the coronavirus so far this year.) One of the lead researchers, Thomas Münzel, a cardiologist at the Johannes Gutenberg University Medical Center in Mainz, Germany, said in a statement, 'We believe our results show there is an ‘air pollution pandemic.'...East Asia and South Asia were the worst-hit parts of the world."

Sounds like a normal, well-adjusted guy.


Times Union (3/4/20) reports: "When it comes to climate change, the time for screwing around has long passed, says Roger Hallam. He actually didn’t say 'screwing around,' choosing a less-printable verb, but you get the message. For Hallam, the current political, legal and regulatory process moves too slowly to make the rapid changes he believes are needed to avert a human catastrophe stemming from global warming. As a result, people need to take matters into their own hands and rebel against a power structure that doesn’t want to change...The current power structure of business and industry as well as political leaders, he says, simply aren’t equipped to decarbonize rapidly enough, thus the need for mass civil disobedience by those who will feel the brunt of these disruptions. He also believes the actual protests should focus on disrupting locations that are power centers such as state or national capitols, where they can draw a lot of media attention by blocking traffic and day-to-day business. 'You need to close down fundamental parts of the economy,' Hallam told the Troy audience, who ranged in age from Generation Z’ers to Baby Boomers. 'That sounds really harsh but that’s what it takes.'" 

The rest of the world is calling out Bernie's Green New Deal for what it is, a 90 trillion dollar virtue signal.


Bloomberg (3/2/20) column: "As Donald Trump left India after a largely unsuccessful visit last week, Senator Bernie Sanders, the front-runner for the Democratic nomination, expressed himself on the subject with his accustomed vehemence. 'Instead of selling $3 billion in weapons to enrich Raytheon, Boeing and Lockheed, the United States should be partnering with India to fight climate change,' he tweeted...Yet Sanders and other proponents of 'Green New Deals' want to do the opposite. They want to put those savings to work at home, creating domestic jobs rather than solving the global problem of climate change. To do this they will restrict financial flows if necessary — and, in Sanders’ case, vastly expand the amount of U.S. income and investment controlled by the government. Their concern isn’t really the environment — it is, of course, domestic inequality. The climate crisis is merely a handy excuse for reshaping the economy....Bernie Sanders cannot credibly claim to be a climate warrior, either. When it comes to the environment, as with trade and development, he would mostly leave the rest of the world to struggle alone. So please,  just spare us the sanctimonious tweets about weapons and 'partnership.'"

Energy Markets

 
WTI Crude Oil: ↑ $46.83
Natural Gas: ↓ $1.83
Gasoline: ↓ $2.40
Diesel: ↓ $2.83
Heating Oil: ↓ $151.96
Brent Crude Oil: ↓ $51.08
US Rig Count: ↑ 823

 
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