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MORNING ENERGY NEWS | 07/22/2021
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** Despite his best efforts, the people of Pennsylvania will prevail.
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Real Clear Energy ([link removed]) (7/21/21) reports: "Urgent action is needed to combat climate change for the benefit of Pennsylvania’s children and grandchildren, Governor Tom Wolf said while commenting on his administration’s Climate Impacts Assessment for 2021...But the governor is getting pushback. State Senator Gene Yaw, who chairs the Senate Environmental Resources and Energy Committee, calls RGGI 'superficial,' counterproductive, and costly. Yaw says that Wolf’s pursuit of RGGI regulations raises significant constitutional questions since its cap-and-trade program would impose carbon taxes on Pennsylvania residents that only the state legislature can approve...As it turns out, the production of new renewable-energy platforms will require intense mining exercises to acquire the minerals like lithium, graphite, nickel, and rare-earth metals,
according to the report. Such mining involves child labor in some parts of the world, such as in the Democratic Republic of Congo. With these facts in mind, Dan Kish, a senior fellow with the Institute for Energy Research, advises the public to be leery of political figures who make use of moral language to camouflage the real costs of their green schemes."
** "'Climate risk to the financial system' is dreamed up and repeated until people believe it, in order to shoehorn these climate policies into financial regulators’ limited legal mandates."
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– John H. Cochrane, Hoover Institution ([link removed])
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We love our friends at EPRINC, don't we folks? They're doing tremendous work. Check out their ** chart of the week series ([link removed])
if you haven't already.
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The government needs to subsidize big wind "for the environment" and no other reason...
** The Atlantic ([link removed])
(7/21/21) reports: "Kayla Fratt began preparing for her summer job in March, when a package of frozen bat carcasses arrived for her in the mail. Well, actually, the bats were for her border collies, Barley and Niffler, and it is really their summer job too. They needed to learn the scent of a dead bat, because they would be spending three months on wind farms, looking for bats killed by spinning turbines...Smallwood told me he was initially skeptical of using dogs to monitor turbine fatalities, but the data simply blew him away. In one study he conducted, dogs found 96 percent of dead bats, whereas humans found just 6 percent. The canine searchers managed to find baby bats as small as one gram. Other dog handlers sent me photos of bats—or really, bat fragments—that their dogs had managed to sniff out: a shard of a wing, a jawbone the size of a dime. Biologists have long worked with scent-detection dogs to track animals including turtles, black-footed ferrets, and grizzly bears. Now wind
farms provide the dogs and their handlers with steady and more predictable work. On wind farms, a patchwork of federal, state, and local regulations might govern how companies have to monitor wildlife deaths, but reporting requirements vary widely. This means that reliable data on deaths are hard to come by. Estimates suggest that turbines in North America kill 600,000 to 949,000 bats and 140,000 to 679,000 birds a year. Dogs are, by far, the quickest and most effective way to find them."
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Maybe Kerry needs to "cool down" with these predictions. It's starting to get embarrassing. 😬
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Energy Markets
WTI Crude Oil: ↑ $70.72
Natural Gas: ↓ $3.93
Gasoline: ↓ $3.15
Diesel: ~ $3.27
Heating Oil: ↑ $209.74
Brent Crude Oil: ↑ $72.61
** US Rig Count ([link removed])
: ↑ 562
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