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DAILY ENERGY NEWS | 02/22/2022
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** They COP26 crowd wants energy to increase. Apparently just not quite so fast or high. Or maybe there are just some slightly more important issues out there.
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Political ([link removed]) (2/20/22) reports: "One hundred days since the COP26 climate deal was struck, world leaders are struggling to stay focused. In November, governments committed to revisit their emissions goals in 2022 and massively ramp up finance to help poorer countries cope with the impact of climate change. But with the threat of a war in Europe, the ongoing pandemic and a global energy supply crunch, there are concerns the climate crisis will slip off the global priority list. 'It’s going to distract rather enormously,' U.S. climate envoy John Kerry said at the Munich Security Conference on Saturday, referring to the threat of a Russian attack on Ukraine. Little obvious progress has been made on the commitments pledged in Glasgow in November. Rather, there are signs around the world of some countries backsliding on their efforts to bring down emissions. Bangladeshi Foreign Minister Abdul Momen said he worries 'this
current Ukraine problem' could 'derail' the process of addressing climate change and raised the possibility that a 'new wave of defense expenditure' would 'take money away from the climate issue.'"
[link removed]


** "Saving the planet must not mean rejecting fossil fuels to meet such needs. Otherwise, the clarion call of environmental activists is the death knell for the billions they would condemn to energy poverty."
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– Vijay Jayaraj, The CO2 Coalition ([link removed])

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Energy prices affect everything. So do bad energy choices.

** ([link removed])

In other news, the ESG movement eats itself.

** Climate Depot ([link removed])
(2/20/22) blog: "The group that brought down Keystone XL faces agonies of its own It was the upstart that changed the face of America’s environmental movement. But 350.org, founded by the legendary Bill McKibben, has been laid low by a budget crunch, equity fights and union strife. The group that revived a slumbering environmental movement by focusing on big targets was flying high. It was no longer just a plucky collection of friends from a Vermont college and their luminary founder, Bill McKibben. It was a global force...The rise for 350.org had been meteoric. The crash would be, too...The hiring spree intended to make 350.org look more the part of the global organization it wanted to become by adding staff from more diverse racial and ethnic backgrounds. Its struggles mirror those of many leading environmental organizations, including the National Audubon Society and the Sierra Club, which are wrestling with internal dissension at a crucial juncture in the fight against climate change —
problems shadowed by the movement’s historical lack of diversity and its urgent need to bring activists of different backgrounds into the fold. 'This exclusion has resulted in failed attempts to pass durable climate policy because policymakers have ignored the very people who have an organized community behind them,” Keya Chatterjee, executive director of the U.S. Climate Action Network, told the House Natural Resources Committee during a Feb. 8 hearing on movement diversity and justice. “My own experience working at a large, white-led NGO was that while there was a focus on diversity in the workforce, there was a lack of retention because of a lack of commitment to justice.' In detailed responses to POLITICO, 350.org’s leaders acknowledged their financial missteps and said that, like many organizations, it must do more to create a more inclusive workplace. It described new financial processes and governance measures, efforts to eliminate pay disparities and initiatives to improve equity in
hiring."

How seriously detached from reality are these people?

** ([link removed])

Energy Markets


WTI Crude Oil: ↑ $93.71
Natural Gas: ↑ $4.60
Gasoline: ↑ $3.53

Diesel: ↑ $3.95
Heating Oil: ↑ $287.82
Brent Crude Oil: ↑ $97.64
** US Rig Count ([link removed])
: ↑ 741



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