View this email in your browser ([link removed])
DAILY ENERGY NEWS | 02/12/2024
Subscribe Now ([link removed])
** What else can Biden do to make it more difficult for industry to succeed in America instead of China?
------------------------------------------------------------
E&E News ([link removed]) (2/9/24) reports: "EPA has finalized the nation’s first-ever limits on emissions of mercury, a heavy metal linked to brain damage, at taconite plants, but environmental groups and Great Lakes tribes say the protections don’t go far enough. The Clean Air Act rule sets for the first time limits on mercury pollution at a handful of Midwestern iron ore processing plants. The rule is expected to reduce about 33 percent — or 247 pounds — of mercury each year, ultimately reducing the amount that’s deposited over the Midwest’s lands and waters, according to EPA. Taconite iron ore processing plants are used to separate and concentrate iron ore from taconite, a low-grade iron ore. The plants produce taconite pellets, which are used in blast furnaces to make iron and steel and in the cement industry."
[link removed]
** "From robotic tank inspectors to Smart Pigs to record information about the internal conditions of pipelines to gas cloud imaging, drones, machine learning and real-time communication across equipment through the Internet of Things, oil and gas companies are investing in technologies to improve safety and production efficiency, reduce emissions and more accurately determine where resources are located.”
------------------------------------------------------------
- ([link removed]) Ed Longanecker, TIPRO President ([link removed])
============================================================
Shot: In 2023, the EU saw a record fall in electricity generation from natural gas, oil, and coal.
Chaser: All it took was the destruction of Germany as an industrial superpower.
** Bloomberg ([link removed])
(2/10/24) reports: "In a cavernous production hall in Düsseldorf last fall, the somber tones of a horn player accompanied the final act of a century-old factory. Amid the flickering of flares and torches, many of the 1,600 people losing their jobs stood stone-faced as the glowing metal of the plant’s last product — a steel pipe — was smoothed to a perfect cylinder on a rolling mill. The ceremony ended a 124-year run that began in the heyday of German industrialization and weathered two world wars, but couldn’t survive the aftermath of the energy crisis. There have been numerous iterations of such finales over the past year, underscoring the painful reality facing Germany: its days as an industrial superpower may be coming to an end. Manufacturing output in Europe’s biggest economy has been trending downward since 2017, and the decline is accelerating as competitiveness erodes."
Shocker! Not even the greens in Europe want to pay for Net Zero.
** W ([link removed])
** all Street Journal ([link removed])
(10/1/23) op-ed: "The fault, dear Olaf, lies not in ourselves but in our voters. That, with apologies to Shakespeare, is starting to look like an explanation for the net-zero agonies now engulfing German Chancellor Olaf Scholz and many other Western politicians. It’s both fun and accurate to lambaste our political class for its many climate hypocrisies and idiocies. But as climate policy becomes more expensive and less coherent by the week, voters deserve more and more of the blame. A clue lies in a report released this week by the Ifo Institute, a think tank in Germany. Some 55% of respondents said they believe their country should play a leading role in the global effort to combat climate change, in a poll of Germans conducted last September. Considerably fewer were willing to pay anything for it. Asked their preferred measures for achieving net zero, only 16% supported mandates such as a ban on natural-gas-fired home heating that would impose direct costs on households. Eight percent
supported an explicit carbon tax, the most economically efficient way to reduce emissions."
Energy Markets
WTI Crude Oil: ↓ $75.95
Natural Gas: ↓ $1.83
Gasoline: ↑ $3.20
Diesel: ↑ $4.00
Heating Oil: ↓ $291.56
Brent Crude Oil: ↓ $81.24
** US Rig Count ([link removed])
: ↑ 660
** Donate ([link removed])
** Subscribe to The Unregulated Podcast ([link removed])
** Subscribe to The Unregulated Podcast ([link removed])
** Subscribe to The Plugged In Podcast ([link removed])
** Subscribe to The Plugged In Podcast ([link removed])
** Connect with us on Facebook ([link removed])
** Connect with us on Facebook ([link removed])
** Follow us on Twitter ([link removed])
** Follow us on Twitter ([link removed])
** Forward to a Friend ([link removed])
** Forward to a Friend ([link removed])
Our mailing address is:
** 1155 15th Street NW ([link removed])
** Suite 525 ([link removed])
** Washington, DC xxxxxx ([link removed])
Want to change how you receive these emails?
** update your preferences ([link removed])
** unsubscribe from this list ([link removed])
