Your Morning Energy News

View this email in your browser ([link removed])
MORNING ENERGY NEWS | 08/11/2021
Subscribe Now ([link removed])


** The fear of COVID is petering out, time for the regime to dial in on a new panic.
------------------------------------------------------------
Wall Street Journal ([link removed]) (8/10/21) column: "The Intergovernmental Panel on Climate Change has issued its latest report assessing the state of the climate and projecting its future. As usual, the media and politicians are exaggerating and distorting the evidence in the report. They lament an allegedly broken climate and proclaim, yet again, that we are facing the 'last, best chance' to save the planet from a hellish future. In fact, things aren’t—and won’t be—anywhere near as dire...Previous climate-assessment reports have misrepresented scientific research in the 'conclusions' presented to policy makers and the media. The summary of the most recent U.S. government climate report, for instance, said heat waves across the U.S. have become more frequent since 1960, but neglected to mention that the body of the
report shows they are no more common today than they were in 1900. Knowledgeable independent scientists need to scrutinize the latest U.N. report because of the major societal and economic disruptions that would take place on the way to a 'net zero' world, including the elimination of fossil-fueled electricity, transportation and heat, as well as complete transformation of agricultural methods."


** "Placing additional tax burdens on America’s energy industry — already one of the most heavily regulated and taxed industrial sectors — will not only imperil our hard-won energy independence, but it also could result in higher energy costs for businesses and households."
------------------------------------------------------------


– Bernard L. Weinstein, University of North Texas ([link removed])

============================================================

If you buy the IPCC she has a point...

** ([link removed])

Weren't they mocking Trump for proposing to buy Greenland? Now we know why.

** TNW ([link removed])
(8/9/21) reports: "Critical minerals needed for electric vehicles are in high demand and world renowned billionaires are now funding an exploration project in Greenland. Mineral exploration company KoBold Metals, backed by Bill Gates, Jeff Bezos, Michael Bloomberg, and Ray Dalio, has signed a joint venture with British mining firm BlueJay in search for nickel, copper, cobalt, and platinum. As per BlueJay’s statement, Kobold will invest $15 million in the Disko-Nuussuaq project on Greenland’s west coast in exchange for a 51% stake in the project. Disko-Nuussuaq covers a 2,776 km² magmatic massive sulphide area, expected to be rich in nickel, copper, platinum, and cobalt. In fact, based on BlueJay’s studies, it has the potential to host mineralization similar to the world’s largest nickel/copper sulphide mine, Norilsk-Talnakh in Siberia, Russia."

More coincidence...

** Mining.com ([link removed])
(8/10/21) reports: "Perpetua Resources Corp. has entered into an agreement to supply a portion of antimony production from its Stibnite Gold project to Ambri Inc., establishing the foundation to help facilitate the decarbonization of energy grids in the US and around the world. Perpetua’s Stibnite Gold project, located in central Idaho, is currently the only domestically mined source of the critical mineral in the US. Known as Midas Gold until February this year, the company moved its headquarters from Vancouver to Boise, Idaho, where it is restoring the historic brownfield site of its Stibnite Gold project. Ambri, a US-based startup, aims to produce molten-salt batteries for energy storage in wind and solar power systems. The company has developed an antimony-based, low-cost liquid metal battery for the stationary, long-duration, daily cycling energy storage market. According to Ambri, its batteries combine technological innovation with commercial applications for low-cost, long lifespan
energy storage systems that will increase the overall contribution from renewable sources to help enable the transition to green, carbon-free power grids."

Energy Markets


WTI Crude Oil: ↓ $67.27
Natural Gas: ↓ $3.99
Gasoline: ~ $3.18

Diesel: ~ $3.29
Heating Oil: ↓ $205.50
Brent Crude Oil: ↓ $69.58
** US Rig Count ([link removed])
: ↓ 577



** Donate ([link removed])
** Subscribe to AEA's Unregulated Podcast ([link removed])
** Subscribe to AEA's Unregulated Podcast ([link removed])
** Subscribe to IER's Plugged In Podcast ([link removed])
** Subscribe to IER's Plugged In Podcast ([link removed])
** Friend on Facebook ([link removed])
** Friend on Facebook ([link removed])
** Follow on Twitter ([link removed])
** Follow on Twitter ([link removed])
** Forward to a Friend ([link removed])
** Forward to a Friend ([link removed])
Our mailing address is:
** 1155 15th Street NW ([link removed])

** Suite 900 ([link removed])

** Washington, DC xxxxxx ([link removed])
Want to change how you receive these emails?
** update your preferences ([link removed])

** unsubscribe from this list ([link removed])