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DAILY ENERGY NEWS | 11/22/2021
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** In what universe does this tradeoff make sense?
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Inside Climate News ([link removed]) (11/19/21) reports: "The chemical giant Chemours, moving to curtail emissions of a climate super-pollutant from its manufacturing facility here, has asked Louisville officials to issue a permit for new equipment that could result in the release of chloroform and other hazardous air pollutants as part of the abatement process. The company plans to capture the climate super-pollutant, hydrofluorocarbon-23 (HFC-23), and transport the gas to a Chemours plant in West Virginia for destruction. HFC-23 is a byproduct resulting from the production of hydrochlorofluorocarbon-22, a chemical ingredient in everything from Teflon to lubricants used on the International Space Station. As part of the process to capture HFC-23, about 1,600 pounds a year of chloroform, hydrochloric acid, chlorine and hydrogen fluoride, all hazardous
air pollutants, could be emitted into neighborhoods around its Louisville Works. While not a local air pollutant, HFC-23 is one of the most potent greenhouse gases warming the planet...Environmental advocates say any aspect of the project that adds hazardous air pollutants within the city’s Rubbertown industrial district threatens the surrounding community, which has had a history of high levels of toxic air pollution and environmental justice battles. "
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** "Oil companies price gouged from 2005-08, stopped for the next 2 years, gouged again from '10-'14, inexplicably reversed the policy for the next 6 years leading to widespread bankruptcies, and then restarted this year. Is that the working theory? If so, I have lots of questions."
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– John Arnold, Arnold Ventures ([link removed])
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Lying liars and the lies they tell...
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What we meant to say was expanding coastlines are reducing fish habitat or something and it's all the fault of CO2.
** Watts Up With That ([link removed])
(11/19/21) reports: "A new study affirms what satellite data have been telling us for years: 'the global coastline is prograding.' This isn’t the first time shoreline expansion in the era of global warming and allegedly rapid sea level rise has been documented. A 2019 global-scale analysis of 709 islands in the Pacific and Indian Oceans revealed 89% were either stable or growing in size, and that no island larger than 10 ha (and only 1.2% of islands larger than 5 ha) had decreased in size since the 1980s. Likewise, the globe’s beaches been growing by 0.33 m/year since 1984. In a press release for a 2016 paper on coastal land area changes from 1985 to 2015, scientists acknowledged this: 'We expected that the coast would start to retreat due to sea level rise, but the most surprising thing is that the coasts are growing all over the world' – BBC. Today there are high resolution satellite images available from Google Earth clearly demarcating global-scale decadal shoreline change since the
1980s. Claims of dangerously accelerating sea level rise posing an imminent global threat to coasts have once again been challenged by real-world observational evidence."
So when are all these low cost renewables going to bring down the cost of Spanish electricity?
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Christmas is coming, the goose is getting fat...
** Wall Street Journal ([link removed])
(11/22/21) reports: "Electric vehicles are getting a lot of attention now. Car companies are quickly refashioning their lineups to incorporate more plug-in models and investors are betting big on Tesla Inc. and other newer challenger brands, such as Rivian Automotive Inc. and Lucid Group Inc. Governments around the world are making a major push to accelerate electric-vehicle adoption among buyers, looking to reduce greenhouse-gas emissions and seed growth of cleaner technologies. The Biden administration has made electric vehicles, and the batteries that power them, a big part of its policy efforts to combat climate change. Other countries, particularly in Europe and Asia, are also pushing to accelerate EV adoption with their own incentives and regulatory requirements."
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Energy Markets
WTI Crude Oil: ↓ $75.46
Natural Gas: ↓ $4.68
Gasoline: ↓ $3.40
Diesel: ↑ $3.64
Heating Oil: ↓ $229.40
Brent Crude Oil: ↓ $78.40
** US Rig Count ([link removed])
: ↑ 664
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