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DAILY ENERGY NEWS | 10/14/2025
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** Just make the cars families want. The business plan is that simple.
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Detroit News ([link removed]) (10/10/25) reports: "General Motors Co. is dropping work to develop hydrogen fuel cells for everyday drivers to focus on electric vehicle batteries, the Detroit automaker announced Friday. Salaried workers, primarily in Pontiac, were laid off Friday morning as part of the closure of GM's Hydrotec brand, spokesperson Stu Fowle said. Fowle declined to specify how many workers were laid off in connection to Hydrotec's closure...GM will continue making hydrogen fuel cells at a Brownstown plant in Metro Detroit for use in commercial mining and heavy trucking through its Honda joint-venture Fuel Cell System Manufacturing LLC. GM, mostly since the late 1990s, had invested nearly $3 billion in fuel-cell technology as
of 2016. Fowle declined to provide more recent numbers. The company began work on the technology in 1960s with two concept vehicles powered by hydrogen fuel cells."
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** "Wind and solar advocates often complain about uncertainty in their business models, but the main uncertainty these industries have faced over the last four decades has been regarding the size of their carrots provided by the government, rather than the swings of normal market conditions."
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– Isaac Orr & Mitch Rolling, Energy Bad Boys ([link removed])

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The death of net zero continues.

** Bloomberg ([link removed])
(10/12/25) reports: "New Zealand’s decision to set a less ambitious methane emissions reduction target sets a worrying precedent that other nations may follow, scientists have warned. The government yesterday said it will target reducing methane emissions by 14-24% from 2017 levels by 2050, much less than its previous aim of a 24-47% reduction. The new target represents a 'no-additional-warming' approach that seeks to prevent methane from contributing any further to global warming rather than to reduce its impact, said James Renwick, professor of physical geography at Victoria University of Wellington, adding it is 'a major step backwards in ambition and in climate action.' The government said the reduced target balances the need for lower methane emissions against protecting food production and exports, arguing the previous goal risked putting some farmers out of business...There are concerns that other nations could follow New Zealand’s lead, such as Ireland, where the Climate Change
Advisory Council has recommended targets aimed at 'temperature neutrality.'"

We hold these truths to be inconvenient.

** ([link removed])

No, this is not consequential for climate change. It won’t make a difference.

** LA Times ([link removed])
(10/8/25) reports: "One of the most consequential moments in California’s drive to beat back climate change will take place next month. The state will stop receiving electricity from the Intermountain Power Plant in Central Utah, meaning our reliance on coal as a source of power will essentially be over. It feels like there should be a recognition of some kind. Perhaps a dimming of lights for one minute? Or a shout out to the political leaders who correctly projected that California could switch to cheaper and still reliable power sources like wind, solar and natural gas...Key to making that shift has been the Los Angeles Department of Water and Power, which has ordered less electricity from the Utah plant while simultaneously building a natural gas and hydrogen burning power station just across the street from Intermountain...The Navajo coal station shutdown has meant a challenging transition for the people who call themselves the Dine, many of whom relied on high-paying jobs in coal
mining and at the power plant, whose massive steam plumes near Lake Powell had for years been a navigating point for aviators."

Energy Markets


WTI Crude Oil: ↓ $58.26
Natural Gas: ↓ $3.05
Gasoline: ↓ $3.07

Diesel: ↑ $3.65
Heating Oil: ↓ $219.84
Brent Crude Oil: ↓ $62.08
** US Rig Count ([link removed])
: ↓ 578



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