Your Daily Energy News

View this email in your browser ([link removed])
DAILY ENERGY NEWS | 12/03/2021
Subscribe Now ([link removed])


** Europe's carbon price is up 140% this year. How could this possibly have taken policymakers by surprise? This is exactly what they want to happen. Or did they honestly think none of this was going to be painful?
------------------------------------------------------------
Bloomberg ([link removed]) (12/3/21) reports: "European carbon futures rose above 80 euros ($90.272) a ton on Friday for the first time, testing the resolve of politicians who are promising to act aggressively on climate change while grappling with inflation that’s tearing into economies across the globe. The cost of polluting has increased more than 140% this year after a stricter environmental agenda in Europe was laid out and a sweeping rally in natural gas prices made dirtier coal more economic to use for power generation.,.The fast-paced increase in carbon prices has taken policy makers by surprise. Making it expensive to pollute is meant to push dirty fuels out of the power generation and industrial processes. Right now, that’s not really happening. Soaring natural gas prices mean Europe will likely see emissions increase this year as coal plants burn profitably through the winter.
That’s uncomfortable for many leaders that made loud pledges at the climate talks in Glasgow last month...EU leaders are likely to discuss the carbon price during their talks on rising energy costs at a summit later this month."
[link removed]
[link removed]


**

"The United States is sitting on a 200-year supply of oil. The only reason we have an energy crisis is because of a guy named Joseph R. Biden."
------------------------------------------------------------

– Daniel Turner, Power The Future ([link removed])

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

Looks like Biden wants your hamburgers.

Time (12/2/21) reports: "One of the early, attention-grabbing announcements at November’s COP climate conference in Glasgow was a commitment by more than 105 countries to join a U.S.- and E.U.-led coalition to cut 30% of methane emissions by 2030. The potent greenhouse gas, which is up to 80 times more effective at heating the planet than carbon dioxide in the short term, has often been considered the lowest hanging fruit when it comes to slowing down global warming. The COP pledges alone would slash warming projections by 0.2°C by the 2040s, according to the United Nations Global Methane Assessment. But that low-hanging fruit is starting to rot. A new report produced by the FAIRR Initiative, an investor network worth about $45 trillion that is focused on the environmental, social and governance risks and opportunities of intensive livestock production, shows that the meat and dairy industries (including livestock suppliers to McDonalds, Walmart and Costco) is undermining COP26 pledges on
methane reduction, by not tracking their own emissions and by failing to track those of their third-party suppliers."

This can't be real.

** ([link removed])

I guess the Dems just hate American oil and natural gas.

** Axios ([link removed])
(12/2/21) reports: "A major Democratic donor and Nord Stream 2 lobbyist has made maximum campaign contributions this year to Senate Majority Leader Chuck Schumer and vulnerable Senate Democrats, campaign finance records show. Why it matters: If pressure from the White House to vote against reimposing sanctions on the Russia-backed natural gas pipeline weren't enough, Democrats who back such legislation also will be at loggerheads with one of their party's top fundraisers. Driving the news: Vincent Roberti, a former Connecticut state representative, has given the legal maximum of $5,800 to Sens. Catherine Cortez Masto (D-Nev.), Richard Blumenthal (D-Conn.) and Patty Murray (Wash.). He's also given $2,900 — the maximum primary contribution — to Sen. Maggie Hassan (D-N.H) Both Cortez Masto and Hassan face competitive reelection fights next year. Roberti's firm, Roberti Global, has been paid $8.5 million for its Nord Stream 2 lobbying work, according to lobbying disclosure records."

If you oppose a carbon tax, take a stand and ** contact us. (mailto:[email protected])

** ([link removed])

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
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
Jack Ekstrom, PolicyWorks America

Energy Markets


WTI Crude Oil: ↑ $68.62
Natural Gas: ↑ $4.15
Gasoline: ~ $3.37

Diesel: ↓ $3.62
Heating Oil: ↑ $215.51
Brent Crude Oil: ↑ $72.95
** US Rig Count ([link removed])
: ↓ 654



** Donate ([link removed])
** Subscribe to The Unregulated Podcast ([link removed])
** Subscribe to The Unregulated Podcast ([link removed])
** Subscribe to The Plugged In Podcast ([link removed])
** Subscribe to The Plugged In Podcast ([link removed])
** Connect with us on Facebook ([link removed])
** Connect with us on Facebook ([link removed])
** Follow us on Twitter ([link removed])
** Follow us 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])