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DAILY ENERGY NEWS | 11/18/2025
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** What a shame that something sank the global carbon tax...
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Daily Caller ([link removed]) (11/17/25) op-ed: "Unelected regulators and bureaucrats from the United Nations have pushed for crushing the global economy in the name of saving the planet. In October, the International Maritime Organization (IMO), a specialized agency within the U.N., proposed a carbon tax in order to slash the emissions of shipping vessels. This comes after the IMO’s April 2025 decision to adopt net-zero standards for global shipping. Had the IMO agreed to the regulation, it would have been the first global tax on greenhouse gas emissions. Thankfully, the United States was able to effectively shut down those proposals; however, while these regulations have been temporarily halted, the erroneous ideas behind them continue to grow in support...In an ironic twist, imposing carbon taxes on global shipping might actually be one of the worst ways to slash emissions, given the enormous gains from
trade. Simply put, trade makes the world grow rich. Not just wealthy nations like those in the West, but every nation, even the most poor, grows richer. In wealthy countries, trade can help address climate change by enabling adaptation and innovation. For poorer countries, material gains from trade can help prevent their populations from starving and also help them advance along the environmental Kuznets curve."
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** "From the political scene to the continued growth of hydrocarbon energy, the global climate consensus and the push for Net Zero is crumbling. It’s time for nations to return to sensible energy policy."
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– Steve Goreham ,The Heartland Institute ([link removed])
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It's almost as if this whole program is just a Big Green, Inc. wealth redistribution scam with no tangible benefits to the climate.
** DW ([link removed])
(11/17/25) reports: "German Environmental Minister Carsten Schneider has announced that Berlin will contribute €60 million ($70 million) to the International Adaptation Fund. The fund finances concrete climate adaptation projects in developing countries and has distributed some $1.4 billion since 2010, helping roughly 45 million people. Germany is currently the largest overall donor to the fund and has contributed €610 billion in total. Elsewhere, Vice Chancellor Lars Klingbeil was in China to meet with China's Vice Premier He Lifeng for talks on strengthening commerce while assuaging trade tensions and concerns over Germany's industrial sector. Klingbeil said both China and Germany want to 'find common solutions with regards to reliable access and supply chains.'"
If climate alarmists are speaking, they are lying.
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The data is in, society needs affordable, reliable energy.
** E&E News ([link removed])
(11/18/25) reports: "Federal regulators on Friday approved NRG Energy’s plan to roughly double its electricity generation by acquiring a fleet of gas-fired power plants and a demand response company from LS Power Equity Advisors. Under the $12 billion deal, Houston-based NRG will add 18 plants totaling about 13,000 megawatts of natural gas generation from the New York-based development and investing firm. In announcing the deal this May, NRG said the plants — located in Texas, the Northeast and the Midwest — would help it meet a surge in energy demand. CEO Larry Coben said in May the 'demand supercycle' fueled by data centers made the deal necessary, especially with a backlog of gas plant infrastructure holding back potential new construction. In its approval of the deal, the Federal Energy Regulatory Commission rejected concerns from consumer advocates that the deal could adversely affect competition in the three power markets that contain the plants."
Energy Markets
WTI Crude Oil: ↓ $59.76
Natural Gas: ↓ $4.31
Gasoline: ↑ $3.07
Diesel: ↑ $3.77
Heating Oil: ↓ $260.84
Brent Crude Oil: ↓ $63.95
** US Rig Count ([link removed])
: ↑ 573
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