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DAILY ENERGY NEWS | 01/06/2025
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** Because Northern Michigan is well known for its sunshine.
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Daily Caller ([link removed]) (1/3/25) reports: "Michigan is poised to cut down hundreds of acres of forest in order to make space for a solar panel development, MLive reported Thursday. The state will soon start competitive bidding on approximately 420 acres of forested land near Gaylord, Michigan, to clear space for a solar farm while generating revenue and advancing the state’s long-term green energy targets, according to MLive. There is some evidence suggesting that such a move would actually increase emissions, and Michigan is one of the least-sunny states in the country, according to analysis conducted by The Washington Post."
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"The UK is making a very big mistake. Open Up the North Sea. Get rid of Windmills!”
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–P ([link removed]) resident-Elect, Donald J. Trump ([link removed])
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It's the only way to travel for someone like her...
** New York Post ([link removed])
(1/5/25) reports: "She’s taking a tough line on fossil fuels — except the ones she’s spewing. Gov. Hochul — who recently approved a controversial law that will force oil, natural-gas and coal companies to pony up $75 billion for carbon emissions allegedly contributing to global warming — has taken at least 30 flights aboard private jets since 2021, state Board of Elections records show."
Get your sweeping bans in while you can, they won't last long.
** Fox News ([link removed])
(1/6/24) reports: "President Biden announced an 11th-hour executive action on Monday that bans new drilling and further oil and natural gas development on more than 625 million acres of U.S. coastal and offshore waters. Biden, whose term expires in two weeks, said he is using authority to protect offshore areas along the East and West coasts, the eastern Gulf of Mexico and portions of Alaska's Northern Bering Sea from future oil and natural gas leasing. He invoked the 1953 Outer Continental Shelf Lands Act, meaning President-elect Trump could be limited in his ability to revoke the action."
Europe wants to drag us all into decline with them.
** The Honest Broker ([link removed])
(1/4/25) Substack: "Softbank CEO Masayoshi Son famously said 'Those who rule data will rule the entire world.' He was talking about computer chips but might as well have been referring to integrated assessment models (IAMs) used in climate science and policy. A new paper — van de Ven et al. 2024 or vdV24 — analyzes thousands of climate scenarios produced by IAM modeling groups over the past three decades as the basis for three recent IPCC reports (AR5 2013/2014, SR1.5 2018, AR6 2021/2022). Today I summarize the significance of the data collected by vdV24 for understanding important biases in climate research. Specifically, the new paper provides insight into how Europe — with less than 10% of global population and about 15% of global GDP — has come to quietly dominate climate science and policy. It turns out that IAMs are an incredibly important base of soft power... The figure below shows the overwhelming role of European institutions in developing and hosting IAMs. More IAMs means more
groups doing IAM research, more papers published in the literature, a greater role for that research in scientific assessments, and more opportunities to extend the reach of IAMs beyond climate science and into settings like banking and finance, corporate governance, and a wide range of government policy making."
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Welcome to the party, New York Times. It only took you fifty years to discover that people abuse the ESA.
** New York Times ([link removed])
(1/3/25) reports: "For such a tiny fish, the snail darter has haunted Tennessee. It was the endangered species that swam its way to the Supreme Court in a vitriolic battle during the 1970s that temporarily blocked the construction of a dam. On Friday, a team of researchers argued that the fish was a phantom all along. 'There is, technically, no snail darter,' said Thomas Near, curator of ichthyology at the Yale Peabody Museum... Dr. Near contends that early researchers 'squinted their eyes a bit' when describing the fish, because it represented a way to fight the Tennessee Valley Authority’s plan to build the Tellico Dam on the Little Tennessee River, about 20 miles southwest of Knoxville."
Energy Markets
WTI Crude Oil: ↑ $74.47
Natural Gas: ↑ $3.67
Gasoline: ↑ $3.06
Diesel: ↓ $3.51
Heating Oil: ↑ $237.37
Brent Crude Oil: ↑ $76.96
** US Rig Count ([link removed])
: ↑ 579
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