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DAILY ENERGY NEWS | 09/09/2022
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** Tom and Mike hit the big 100! The latest episode of The Unregulated Podcast now streaming on our website ([link removed]) , or wherever you listen.
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** “Let’s come right out and say it: Anyone who still thinks climate change is a greater threat than climate policy to financial stability deserves to be exiled to a peat-burning yurt in the wilderness.”
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– Joseph C. Sternberg, The Wall Street Journal ([link removed])

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Why is Russia financing Democrats in Pennsylvania? Does Putin have a secret passion for bail reform?

** Delaware Valley Journal ([link removed])
(9/8/22) reports: "Climate change activists opposed to energy production in Pennsylvania like what they see in Josh Shapiro, the attorney general now running for governor. Campaign finance records show the Natural Resources Defense Council Action Fund (NRDC) is contributing to the Conservation Voters of Pennsylvania Action Fund, which in turn is contributing to Shapiro’s gubernatorial bid. That is significant because both political action committees are tied in with well-endowed environmental groups that have been the subject of congressional probes into Russian-funded efforts aimed at disrupting America’s energy sector. The NRDC, which has more than $460 million in assets, according its most recent tax filing, incessantly lobbies in favor of regulations restricting energy use in Pennsylvania. The New York-based nonprofit has also published reports designed to undermine public support for innovative drilling techniques like hydraulic fracturing...For the record, the NRDC has also
been called out for maintaining close relations with China that suggest it may be operating in violation of foreign agent registration requirements. In 2018, members of the U.S. House Natural Resources Committee sent a letter to NRDC inquiring about its collaborative efforts with Chinese government officials. The group has denied operating as a foreign agent. But thanks to its well-heeled benefactors, it has ample funds to put Pennsylvania residents who rely on affordable, reliable energy at a great disadvantage. Big Green Inc., a project of the Institute for Energy Research, a Washington D.C.-based nonprofit, has tracked hundreds of thousands of dollars flowing from left-leaning foundations into the coffers of green activist groups that target Pennsylvania. That database shows the Sea Change Foundation has pumped hundreds of thousands of dollars into the state since 2010."

Photo of the day.

See how this works? Shut down energy in the U.S., all the while investing in China's coal production.

** Daily Caller ([link removed])
(9/8/22) reports: "The world’s largest asset manager, BlackRock, responded to more than a dozen Republican attorneys general explaining its approach to environmental, social and corporate governance (ESG) investing after the attorneys general alleged that the company is violating its fiduciary duties, according to a company letter. A group of 19 Republican attorneys general sent a letter Aug. 4 to BlackRock in response to BlackRock chief client officer Mark McCombe’s claims that the company does not have a stance on energy investments and merely offers clients a range of investment options in the energy sector. The attorneys general argued that BlackRock used its management of state pension funds to pressure companies to comply with its climate agenda. BlackRock’s senior managing director Dalia Blass released a response to the attorneys general on Tuesday saying that the asset manager, which manages roughly $8.5 trillion worth of investments, never forced firms to adhere to specific
emissions targets and does not coordinate its investment decisions or shareholder voting with climate activist parties, according to a letter. 'While BlackRock participates in a wide variety of organizations on topics of interest to our clients, we have made it clear that we do not coordinate our votes or investment decisions with external groups or organizations,' the letter states. The Republican attorneys generals expressed skepticism concerning McCombe’s claims that BlackRock remains neutral on the use of fossil fuels and assurances that BlackRock does not place its climate agenda over its duties to its clients. The attorneys general asserted that McCombe’s guarantees are in conflict with BlackRock’s commitment to achieving net-zero emissions by 2050."

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

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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
Annette Thompson Meeks, Freedom Foundation of Minnesota
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: ↑ $87.18
Natural Gas: ↑ $8.04
Gasoline: ↓ $3.73

Diesel: ↓ $5.02
Heating Oil: ↑ $359.80
Brent Crude Oil: ↑ $92.86
** US Rig Count ([link removed])
: ↓ 827



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