The EV revolution is dying

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DAILY ENERGY NEWS | 12/17/2025

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Without EV subsidies, Porsche returns to common sense.

Car and Driver (12/15/25) reports: "Porsche is adapting the platform underpinning its upcoming generation of 718 models to accommodate combustion engines, according to a new report from Autocar. The decision completes an aggressive shift from the automaker, which previously planned for the 718 lineup to return with exclusively electric propulsion.The decision doesn't come out of nowhere. In September, Porsche confirmed plans to keep combustion around for the sports car—though at the time, the company only admitted to plans for the top RS models. Those models are expected to be built from the outgoing generation. Now, Autocar is reporting that senior sources at the automaker confirmed plans to bring combustion to the full lineup for the upcoming generation."

“I don’t care if the share of fossil fuel use is decreasing in China. The total coal, oil, and natural gas consumption have increased by 8,076 terawatt-hours the last 10 years. The only reason the share has decreased is because of the addition of renewables, mostly solar. But they aren’t replacing fossil fuels.”

– Chris Martz , CFACT

Even the EU is realizing that a 100% EV future is a pipedream.

CNN (12/16/25) reports: "Plans to ban the sale of new combustion engine cars in the European Union by 2035 have been thrown into turmoil after pressure from car manufacturers. On Tuesday, the European Commission proposed applying the ban, approved in 2023, to only 90% of vehicles, down from 100%. This means the remaining 10% of new cars made after 2035 could still be plug-in hybrid vehicles or those with internal combustion engines. The move, unveiled by the EU’s executive arm alongside other measures to support the bloc’s car industry, represents a setback for tackling climate change, although the commission’s president, Ursula von der Leyen, said Europe remains 'at the forefront of the global clean transition.' 'From 2035 onwards, carmakers will need to comply with a 90% tailpipe emissions reduction target, while the remaining 10% emissions will need to be compensated through the use of low-carbon steel … or from e-fuels and biofuels,' the European Commission said in a statement."

Big Green, Inc. has gotten in the way of forest management.

The Ecomodernist (12/17/25) argues: "To combat wildfires before they happen, the U.S. Forest Service (USFS), county conservation boards, and other stakeholders implement fuels reduction projects that can reduce excess dry wood and shrubs, and clear smaller vegetation that allows fires to grow faster and reach into the canopy of forests. Fuels reduction approaches like mechanical thinning and prescribed burns have proven to be effective mitigation strategies to reduce the damage from wildfires on ecosystems and to help firefighters stop fires. Yet, a small but loud environmentalist minority opposes fuels reduction, instead claiming that California’s forests must be left untouched. They use outdated environmental laws like the National Environmental Policy Act (NEPA), Endangered Species Act, Federal Land Policy and Management Act, and National Forest Management Act in courts to delay, and sometimes cancel, projects that would mitigate the wildfires that destroy the ecosystems they claim to protect, and threaten tens of thousands of lives... Thankfully, legislators have begun to recognize that the environmental laws of the 20th century restrict the federal government from managing the forests of the 21st century. The Fix Our Forests Act (FOFA) represents the first serious legislative attempt to address the procedural delay that has prevented effective wildfire prevention and forest stewardship."

Energy Markets

WTI Crude Oil: ↑ $56.13
Natural Gas: ↑ $3.99
Gasoline: ↑ $2.91

Diesel: ↑ $3.64
Heating Oil: ↓ $214.04
Brent Crude Oil: ↑ $59.81
US Rig Count: ↑ 575

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