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MORNING ENERGY NEWS  |  10.4.2019
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I know Halloween is right around the corner, but these people are already scared are out of their gourds.


Axios (10/2/19) reports: "A new peer-reviewed paper cuts against the grain by concluding that the most effective carbon tax structure should start high and decline over time...It breaks with carbon tax bills floating around Congress and other proposals that begin modestly and then escalate...The paper in the Proceedings of the National Academy of Sciences journal offers several reasons for flipping the script...Uncertainty around just how bad damage from climate change could be makes strong near-term steps vital...The high costs of delaying action...Falling costs of cutting emissions over time as technology improves...The paper's modeling suggests an optimal price would begin at well over $100-per-ton (or even much higher), rise for a few years, and then fall."



"Irrevocably sacrificing economic progress in the name of environmental progress may very well leave the poorest among us worse off in both realms."

 

– Fiona Harrigan, Young Voices

Aren't EVs great?


Daily Mail (10/2/19) reports: "A Nissan Leaf owner has received a $33,000 bill to replace the battery in his electric car - even though it's now only worth $12,000. Canberra engineer Phillip Carlson bought his fully-electric hatchback brand new for $53,500 in August 2012. Just seven years later, he can't drive his environmentally-friendly car because he isn't prepared to stump up $33,385 to replace the lithium ion battery."

The 9 most terrifying words in the English language: "I'm from the government and I'm here to help."


CityLab (10/3/19) reports: "About two months ago, Ariane Middel walked the empty streets of Sun Valley, a suburban neighborhood in Los Angeles’ San Fernando Valley. The roads there had recently been coated with an asphalt mixture called CoolSeal, which lowers air temperatures by reflecting the energy from sunlight, rather than storing it and converting it into heat. For hours, Middel and a team of researchers dragged an elaborate heat sensor, mounted to a garden cart, down the streets and sidewalks to grab meteorological data. A climate scientist at Arizona State University in Tempe—where air temperatures soar into triple digits—Middel didn’t feel all that hot. But after crunching the data, she discovered the reflected sunlight hadn’t disappeared: She had probably absorbed it. According to her sensors, on a hot, dry day, a person could feel more than 7 degrees warmer on a 'cool pavement,' as the reflective roads are called, as opposed to a normal blacktop."

Makes perfect sense. After all, the business model is the same.


The Guardian (10/1/19) reports: "A Sicilian windfarm businessman, known as the 'king of wind,' has been sentenced to nine years in prison for bankrolling the No 1 mafia fugitive, Matteo Messina Denaro. Vito Nicastri, a former electrician from Alcamo in the province of Trapani, was one of the key funders of Denaro’s long spell on the run, a judge in Palermo ruled on Tuesday."

Sober analysis from two world leaders on Greta. Which one is the communist?


BBC (10/1/19) video: "Vladimir Putin, has criticised Greta Thunberg's speech about climate change. Speaking at an energy conference in Moscow, Mr Putin said: 'Nobody explained to Greta that the modern world is complicated and complex.' Ms Thunberg, 16, gave a speech at the United Nations in New York in September as millions of people joined climate strike protests worldwide."

If you oppose a carbon tax, please contact us and take a stand.

Tom Pyle, American Energy Alliance
Myron Ebell, Competitive Enterprise Institute
Phil Kerpen, American Commitment
Andrew Quinlan, Center for Freedom and Prosperity
Tim Phillips, Americans for Prosperity
Grover Norquist, Americans for Tax Reform
George Landrith, Frontiers of Freedom
Thomas A. Schatz, Citizens Against Government Waste
Richard Manning, Americans for Limited Government
Adam Brandon, FreedomWorks
Craig Richardson, E&E Legal
Benjamin Zycher, American Enterprise Institute
Amy Oliver Cooke, Independence Institute
Jason Hayes, Mackinac Center
David Williams, Taxpayers Protection Alliance
Paul Gessing, Rio Grande Foundation
Seton Motley, Less Government
Nathan Nascimento, Freedom Partners Chamber of Commerce
Isaac Orr, Center of the American Experiment
David T. Stevenson & Clint Laird, Caesar Rodney Institute
John Droz, Alliance for Wise Energy Decisions
Jim Karahalios, Axe the Carbon Tax
Mark Mathis, Clear Energy Alliance
Mandy Gunasekara, Energy 45
Jack Ekstrom, PolicyWorks America

Energy Markets

 
WTI Crude Oil: ↑ $53.17
Natural Gas: ↑ $2.27
Gasoline: ↓ $2.66
Diesel: ↓ $3.01
Heating Oil: ↑ $190.27
Brent Crude Oil: ↑ $58.69
US Rig Count: ↓ 884

 
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