It's good to be the King

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DAILY ENERGY NEWS | 12/01/2023

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To save the planet, we should all live like King Charles. I mean, he does fuel his Aston Martin with wine and cheese after all.

Reuters (11/30/23) reports: "Britain's King Charles began a visit to the United Arab Emirates on Thursday, during which he will advocate for greater global action and accountability on climate change at the COP28 summit. The king, who arrived in the Gulf state overnight, is due to give an address on Friday at the U.N. climate negotiations that are scheduled to run in Dubai until Dec. 12. It will be his first major speech on climate change since he became monarch in September 2022. Other world leaders including India's Prime Minister Narendra Modi and Britain's Prime Minister Rishi Sunak are also expected to attend the talks. U.S. President Joe Biden and China's President Xi Jinping are not."

"Coercing American citizens into buying EVs is simply untenable and is not truly environmentally friendly."

– Brent Bennett & Andrea Hitt, Texas Public Policy Foundation

How much to get OUT?

NJ.com (11/30/23) reports: "Drivers crossing into New York City could pay up to $15 extra in congestion pricing fees on top of the already steep tolls, according to long-awaited new rates to be released by the Metropolitan Transportation Authority Thursday. The congestion pricing plan has faced fierce opposition from New Jersey officials, who blasted the fees late Wednesday when first reported by the New York Times ahead of the official release today. 'Everyone in the region deserves access to more reliable mass transit, but placing an unjustified financial burden on New Jersey commuters is wrong,' Gov. Phil Murphy said in a statement. 'We are left with no choice than to continue addressing our concerns through litigation.'"

Why is Michigan destroying its own power grid? AEA's Alex Stevens breaks down his home state's self-imposed time bomb on the Financial Sense podcast.

The BBC asks - Can COP28 can change anything?

We ask - Is it supposed to?

BBC (11/29/23) reports: "The world's most important climate meeting, beginning on Thursday, is being hosted in Dubai by the United Arab Emirates (UAE) - one of the world's top ten oil producers. COP28 will be the biggest gathering of world leaders of the year. King Charles III and Rishi Sunak will be there, along with dozens of other world leaders and some 70,000 other attendees. Hosting a climate conference in a petrostate was already controversial - but the BBC's evidence that the UAE team planned to use climate talks ahead of COP28 to do oil and gas deals has heightened concerns. So, can a summit in one of the world's richest oil states deliver meaningful action on climate change? Campaigner Greta Thunberg has said these UN climate summits are just 'blah, blah, blah' - meaning all talk and no action."

If you oppose the Cassidy Carbon Tax, take a stand and contact us.

Tom Pyle, American Energy Alliance

Myron Ebell, Competitive Enterprise Institute

Phil Kerpen, American Commitment

Andrew Quinlan, Center for Freedom and Prosperity

Grover Norquist, Americans for Tax Reform

George Landrith, Frontiers of Freedom

Thomas Schatz, Citizens Against Government Waste

Richard Manning, Americans for Limited Government

Adam Brandon, FreedomWorks

Craig Richardson, E&E Legal

Benjamin Zycher, American Enterprise Institute
Jason Hayes, Mackinac Center
David Williams, Taxpayers Protection Alliance
Paul Gessing, Rio Grande Foundation
Seton Motley, Less Government
Annette Meeks, Freedom Foundation of Minnesota
Isaac Orr, Center of the American Experiment
David T. Stevenson, Caesar Rodney Institute
John Droz, Alliance for Wise Energy Decisions
Jim Karahalios, Axe the Carbon Tax
Mark Mathis, Clear Energy Alliance
Jack Ekstrom, PolicyWorks America
Jon Sanders, John Locke Foundation

Energy Markets

WTI Crude Oil: ↑ $76.29
Natural Gas: ↑ $2.83
Gasoline: ↑ $3.24

Diesel: ↓ 4.21
Heating Oil: ↓ $274.28
Brent Crude Oil: ↑ $81.13
US Rig Count: ↓ 664

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