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DAILY ENERGY NEWS | 01/26/2022
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** These people are quite content to dictate every aspect of your life right out in the open.
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Real Clear Energy ([link removed]) (1/24/22) reports: "A new initiative by environmental organization Friends of the Earth ('FoE,' called 'Milieudefensie' in The Netherlands) threatens to plunge the Dutch economy into a green abyss. Last Thursday, FoE sent a letter to the 30 largest companies in the Netherlands demanding that those companies submit a 'climate plan' by April 15. To support its demands, FoE relies on the verdict it won in a case against Shell, in which the District Court of The Hague ordered Shell to accelerate its emission reductions to solve the 'climate crisis.' With that verdict in hand, FoE is now trying to bring the entire Dutch business community to its knees. Thus, an activist private organization that represents only a minuscule part of the Dutch citizenry has been appointed legislature, executive, judge, and bailiff all in one...In a
moment of honesty, Urgenda stated that the purpose of its climate case against the state was to 'put democracy under guardianship'' FoE has not been as frank, but if you read between the lines, it, too, says that democracy does not matter. Because 'we,' FoE has stated, must 'prevent the worst climate disasters by forcing big polluters to produce in a green manner. For your health. And your children’s.' Repeatedly, children are invoked to paint a picture of climate doom – but in reality, the doom that children face comes from climate policies, which will leave them with a mountain of debt and a collapsed economy. Like many green activists, FoE finds it difficult to hide its totalitarian tendencies. 'Go green or disappear,' its press release states. FoE asserts sole and exclusive authority over the climate policy of Dutch industry."
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** "Since energy impacts every aspect of life, these higher energy prices will quickly trickle down to all other goods and services, making everything more expensive. As if the pain from Biden’s Federal Reserve’s easy money policy was not enough, the White House’s energy policies are delivering the second blow of this one-two punch to Americans’ wallets."
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– E.J. Antoni, The Committee to Unleash Prosperity ([link removed])

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Green imperialism is costing lives in the developing world, but that is just fine for people like Special K.

** AIER ([link removed])
(1/23/22) article: "In 2021 20 countries pledged to no longer fund the development of fossil fuel power plants in other countries. This commitment threatens to keep millions of Africans from moving out of poverty by depriving the continent’s countries of the energy they need to develop, and can best be understood as a type of environmental colonialism. Energy is the backbone of economic development, and Africa remains the most economically underdeveloped region on Earth. While global markets have brought billions of people out of poverty and into the middle class in Asia and the Americas over the last several decades, over 40 percent of Africa’s 1.2 billion people still live in extreme poverty, a rate almost three times that of any other region. Every economy needs a steady and reliable supply of energy. A lack of power, or undependable power that results in frequent blackouts, blockades the ability to develop a modern economy, whether industrial or commercial. Even more, the lack of
reliable electricity leaves hundreds of millions of households dependent on highly-polluting sources such as charcoal for home cooking and heating. Millions of people die each year from indoor air pollution, mostly women, and many because of the use of home cooking fuels."

"China is leading on climate policy." "Chinese solar panels aren't made with slave labor." How far are we from the media reporting nothing happened in Tiananmen Square?

** Bloomberg ([link removed])
(1/25/22) reports: "President Xi Jinping said efforts to achieve China’s climate targets need to work in lockstep with the government’s other objectives, as policymakers seek to balance sometimes conflicting environmental and economic aims. Xi said the nation’s carbon goals shouldn’t clash with other priorities, which include securing adequate supplies of food, energy and materials 'to ensure the normal life of the masses,' according to comments made at a Politburo session reported by the official Xinhua news agency on Tuesday. Xi said China needs to make sure it has enough coal, and that oil and gas output grows steadily, in his clearest comments yet that reducing emissions shouldn’t come at the cost of other economic goals. An unprecedented energy crisis in the fall has highlighted concerns that China’s reliance on fossil fuels remains as entrenched as ever."

The perfect way to stand up to Russian aggression!

** Wall Street Journal ([link removed])
(1/24/22) editorial "The European Union this month said nuclear and natural-gas power can be climate friendly after all, and this policy is so sensible you knew it would run into opposition. Now comes the green push-back that’s as enlightening as we hope it is futile. The kerfuffle surrounds the taxonomy for green investments the European Commission released at the New Year. By including some nuclear and natural-gas electricity generation, Brussels seeks to unlock hundreds of billions of euros in government and private investment for climate-friendly projects. Cue outrage from all the usual green suspects. This coalesced in a report Monday from the technical advisory panel supposedly guiding Brussels’s policies on these matters. Political leaders in Spain, Austria, Denmark and Luxembourg also expressed opposition, and Berlin appears to be lukewarm...Most remarkable is that the critics of nuclear and natural gas are ignoring the current economic and political crisis wrought by their
policies. Vladimir Putin is the main beneficiary of Europe’s climate obsessions and hostility to fossil fuels and nuclear power. He has energy leverage over the Continent that no dictator should be able to have. Brussels is belatedly trying to correct this blunder by encouraging smarter energy investments."

Energy Markets


WTI Crude Oil: ↑ $86.62
Natural Gas: ↑ $4.30
Gasoline: ↑ $3.34

Diesel: ↑ $3.68
Heating Oil: ↑ $271.91
Brent Crude Oil: ↑ $89.48
** US Rig Count ([link removed])
: ↑ 704



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