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MORNING ENERGY NEWS | 10.10.2019
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** And growing the economy all at the same time.
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Reason ([link removed]) (10/9/19) column: "Environmental scientist Jesse Ausubel remembers the moment his research trajectory changed. Over dinner one night in 1987, his friend and colleague Robert Herman, a physicist with a wide range of interests, wondered aloud, 'Are buildings getting lighter?' That apparently simple question inspired the pair to begin looking into the 'material intensity' of the modern world. In 2015, Ausubel published an essay titled 'The Return of Nature: How Technology Liberates the Environment.' He had found substantial evidence not only that Americans were consuming fewer resources per capita but also that they were consuming less in total of some of the most important building blocks of an economy: things such as steel, copper, fertilizer, timber, and paper...I was surprised to learn that total American energy use in 2017 was down almost 2% from its 2008 peak,
especially since our economy grew by more than 15% between those two years. I had walked around with the unexamined assumption that growing economies must consume more energy year after year. This turns out not to be the case anymore—a profound change. Energy use went up in lockstep with economic growth in America for more than a century and a half, from 1800-1970. Then the increase in energy use slowed down, and then it turned negative—even as the economy kept growing. Over the last decade, we've gotten more economic output from less energy."


** "Growth works, raising people and nations out of poverty, improving sanitation, increasing access to education, reducing infant mortality, and elevating standards of living. Growing economies are also good for the earth."
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– ([link removed]) D ([link removed]) avid Shaywitz, Wall Street Journal ([link removed])

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Thank goodness Elizabeth Warren is here to take on these dire and unprecedented predictions of what climate change will do to America.

** CNBC ([link removed])
(10/9/19) reports: "Presidential candidate Sen. Elizabeth Warren, D-Mass., introduced on Wednesday an environmental justice plan to defend low-income and minority communities against pollution, contamination and extreme weather events that are exacerbated by climate change. The plan calls for spending at least $1 trillion in the next decade on the country’s most vulnerable communities, which are often concentrated in highly polluted areas and exposed to contamination from lead and other toxic chemicals from industrial and agricultural runoff. 'Our crisis of environmental injustice is the result of decades of discrimination and environmental racism compounding in communities that have been overlooked for too long,' Warren wrote in her plan."

"Unprecedented"

** American Thinker ([link removed])
(10/4/14) blog: "Scientists seeking funding and journalists seeking an audience agree: panic sells. 'Global cooling is going to kills us all!' 'No, wait: global warming is going to kill us all!' All that’s missing is a back-and-forth of 'You shut up!' 'No, you shut up!' That is reserved for those who doubt the need for panic. That’s the gist of an amazing chronology of the last 120 years of scare-mongering on climate, assembled by butnowyouknow.net and reprinted by the estimable Anthony Watts in Wattsupwiththat, who updates it to the present. It is truly mind-boggling: 1895 - 'Geologists Think the World May Be Frozen Up Again' – New York Times...1902 - 'Disappearing Glaciers…deteriorating slowly, with a persistency that means their final annihilation…scientific fact…surely disappearing.' – Los Angeles Times...1938 - 'Experts puzzle over 20 year mercury rise…Chicago is in the front rank of thousands of cities through the world which have been affected by a mysterious trend toward warmer
climate in the last two decades' – Chicago Tribune...1974 - 'The facts of the present climate change are such that the most optimistic experts would assign near certainty to major crop failure…mass deaths by starvation, and probably anarchy and violence' – New York Times...1998 - 'No matter if the science [of global warming] is all phony . . . climate change [provides] the greatest opportunity to bring about justice and equality in the world.' —Christine Stewart, Canadian Minister of the Environment, Calgary Herald."

Don't forget to share your doomsday countdown with the kids every night before bed...

** New York Times ([link removed])
(10/9/19) reports: "Last month, young people around the world skipped school to join global climate strikes. Children of all ages marched, chanted and carried signs with slogans like, 'You’ll die of old age, I’ll die of climate change.' Dark messages like that highlighted the worry many young people feel about climate change. Climate change and related natural disasters can take a toll on mental health, according to a 2017 report by the American Psychological Association. That can include depression and anxiety. Children may be one of the hardest-hit groups. According to a poll by the Washington Post and the Kaiser Family Foundation, more than seven in 10 teenagers and young adults in the United States say climate change will cause harm to their generation. That includes young people who identify as Democrats and Republicans...In order to lighten that anxiety, experts say, parents should talk to their children. To address these fears, find a calm moment to ask your child what they’ve seen
or heard about climate change and how that makes them feel, said Dr. Lise Van Susteren, a psychiatrist in Washington and a founder of the Climate Psychiatry Alliance...If possible, talk about solutions in a personal context. Highlight steps you’ve already taken as a family or as individuals to reduce your carbon footprints and brainstorm new ideas together."

What could possibly go wrong?

** C ([link removed])
** TV News Atlantic ([link removed])
(10/9/19) reports: "With each passing year we receive more and more information about how earth is in the midst of a climate crisis. That knowledge, combined with a lack of transformative action, is creating a new kind of unease -- the growing problem of eco-anxiety...Teachers say an increasing number of students are showing signs of compromised mental health, triggered by the state of the climate and a sense of hopelessness for the future. 'These aren't kids feeling nervous, these are kids with clinical diagnosis, anxiety.' said Paul Wozney, the president of the Nova Scotia Teachers Union. News headlines, social media feed, or outside your door, it's hard to avoid the grim conversation about the environment. 'I think it is having a major impact.' said Alea Varen. 'Most people think that pertaining to fertility and how having children and raising children can be more stressful and anxiety-provoking because you have to think about the future of the world.'...'A lot of people from the
younger generation, 20s, are not thinking they can have children because the trauma of watching your children die from lack of water, lack of food, or lack of air,' said climate change activist Tayla Paul. For some, eco-anxiety can be debilitating."

This is a direct result of CA's Green New Deal. Meanwhile, the people who got them into this mess in the first place are going to use it as an excuse to double down and the media is going to fall for it hook, line, and sinker.

** Los Angeles Times ([link removed])
(10/8/19) reports: "Power to hundreds of thousands of homes and businesses is expected to go out, affecting millions of people in California, starting early Wednesday. Pacific Gas and Electric Co. said a forecast of extreme wind and dry weather has created an unprecedented fire danger, prompting it to initiate the largest preventive outage in state history to reduce the risk of wildfires sparked by faulty power lines...PG&E said it will turn off power to 800,000 customers — that means millions of people — in 34 counties in northern, central and coastal California. In Southern California, SoCal Edison warned that it might shut off power to more than 100,000 customers in eight counties as high winds are expected to hit the region Thursday...PG&E said it would start turning off the power in some areas just after midnight Wednesday. It will be switched off in stages, depending on the weather conditions in each area. The outage could last for up to five days. PG&E said it can’t switch the power
back on until its equipment is inspected for damage and repaired. That process can’t begin until the severe weather conditions have subsided."
** ([link removed])

Energy Markets


WTI Crude Oil: ↑ $52.69
Natural Gas: ↑ $2.25
Gasoline: ↓ $2.64

Diesel: ↓ $3.00
Heating Oil: ↑ $191.95
Brent Crude Oil: ↑ $58.40
** US Rig Count ([link removed])
: ↓ 883



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