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MORNING ENERGY NEWS  |  09/23/2020
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In case there was any doubt who is pulling Biden's strings.


New York Times (9/22/20) reports: "Liberal activists have opened a new front in their battle to push Joseph R. Biden Jr. to the left on climate change: a campaign to pressure the Democratic presidential nominee to reject advisers with any ties to fossil fuel companies...Last week more than 60 deep-pocketed donors asked Mr. Biden to commit to a moratorium on all new coal, oil and natural gas development — and to select advisers who are 'free from fossil fuel influence.' The group, which includes Kathy Washienko, a clean-energy investor in Seattle; Robin Chase, a co-founder and former chief executive of Zipcar; and Adelaide Park Gomer, the president of the Park Foundation philanthropic group and a longtime anti-fracking activist, implored Mr. Biden to 'choose new, bolder leadership' than those with whom he worked under President Barack Obama. 'This incumbency of old ideas (like ‘all of the above’ energy policy) must end,' the donors wrote...

"Varshini Prakash, the executive director of the Sunrise Movement, a youth-led group that has been skeptical of the former vice president, praised Mr. Biden’s address as “one of the best climate speeches that a Democratic presidential candidate has made.”"

“He has moved a thousand yards on this in the last year and a half, and I believe it shows leadership,” Gov. Jay Inslee of Washington said in an interview.

“We can’t have people who are beholden to the fossil fuel industry in any way shape or form,” said Barbara Beseda Grasseschi, a Democratic fund-raiser in Sonoma County, Calif., who along with her husband, Tony Crabb, signed the Democratic donors’ letter.

The Biden campaign declined to comment, but a spokeswoman for the Trump campaign, Courtney Parella, called Mr. Biden “an empty vessel filled by the radical left’s agenda.”

"Stifling the development of the fuels and technologies that power our economy with clean, affordable and reliable energy would be like killing the goose and then tossing the golden egg out the window."

 

– Jason Hayes, Mackinac Center

Would you sue a physician for malpractice if they don't prescribe windmills for a sinus infection? Dr. Kreuzter knows the answer... 


Real Clear Energy (9/22/20) column: "Hot weather can raise your body temperature. One study found that the temperature of its participants rose by nearly a degree F above the normal temperature when the air temperature was 95 degrees F. Though the impact on core temperatures is very likely to be much less, it still would be evidence supporting the theory that hot weather adds to a fever...It’s no secret that dryer wood burns more readily than wet wood. Nor is it news that hotter, dryer weather will dry things faster. What seems to be a secret from less self-evident to some is that parts of the West Coast get really hot and dry, over and over. According to studies on past droughts, the recent ones in California are not even close to being the longest. Some droughts have lasted more than a century. It seems the past 100 years have actually been relatively wet. Even if a one-degree-warmer world led to warmer West Coast forests, the high intensity of the recent wildfires can’t be attributed to air temperatures being 109 degrees instead of 108. The much bigger problem is fuel loading—the amount of dead wood and other organic matter on forest floors, compounded by a higher density of small trees...To be sure, this year’s wildfires are devastating, but blaming them on a president who opposes extreme climate policies is a total fraud. It is like suing a physician for malpractice should they not prescribe windmills for a sinus infection. Pure diversion."

You've got to kill nature to save nature (and Chinese solar panels).


E&E News (9/23/20) reports: "Solar projects encroaching on California's Joshua trees can still be built under a state ruling that extends endangered species protections to the desert plant. The California Fish and Game Commission voted unanimously yesterday to advance a process that could place the Joshua tree on the state's endangered species list. The ruling protects Joshua trees from unauthorized removals for the next year as the commission considers the science before making a final determination. The commission's decision was the first time climate change has been a central reason for kick-starting a process in California to designate a plant or animal an endangered species. A 2019 study found that Joshua trees could be virtually extinct in California's Joshua Tree National Park by 2070 if global emissions continue on their current trajectory. Renewable energy trade groups and developers initially opposed the possibility of Joshua trees receiving endangered species protections, arguing that the listing would stall critical renewable energy projects and that climate change alone should not warrant endangered species status for the plant."

I boldly announce plans to be 6 feet tall, weigh 180 pounds, and have hair by 2025. 


Reuters (9/22/20) reports: "Chinese President Xi Jinping announced plans to boost his country’s Paris climate accord target on Tuesday and called for a green revolution, just minutes after U.S. President Donald Trump blasted China for 'rampant pollution.' Addressing the U.N. General Assembly, Xi said China would achieve a peak in carbon dioxide emissions before 2030 and carbon neutrality before 2060, the first time the world’s biggest emitter of carbon dioxide has pledged to end its net contribution to climate change. 'China will scale up its intended Nationally Determined Contributions (to the Paris agreement) by adopting more vigorous policies and measures,' Xi said, urging all countries to pursue a 'green recovery of the world economy in the post-COVID era.' Xi used the lectern to call for multilateral action on climate change after Trump called the Paris climate agreement - with nearly 200 signatories - a one-sided deal and criticized China for being the world’s largest source of carbon emissions. Todd Stern, U.S. climate envoy under the Obama administration who worked on brokering a bilateral climate agreement with China in 2014, said the announcement was an 'encouraging' step." 

Energy Markets

 
WTI Crude Oil: ↑ $39.82
Natural Gas: ↑ $2.01
Gasoline: ↑ $2.19
Diesel: ~ $2.40
Heating Oil: ↑ $110.52
Brent Crude Oil: ↑ $41.84
US Rig Count: ↓ 293

 
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