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DAILY ENERGY NEWS | 12/09/2022
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** The new Senate, new investment climate, and potentially new leadership at the RNC are all discussed on the latest episode of The Unregulated Podcast. Now streaming on our website ([link removed]) , or wherever you listen.
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** "As Haaland made clear, the Biden administration’s offshore wind efforts are about more than fighting climate change. They also amount to a federally financed jobs program with hundreds of billions of taxpayer dollars being shoveled into boosting so-called green energy and transportation projects. Think of it as the climate change equivalent of President Franklin Roosevelt’s Depression-era Civilian Conservation Corps and as Biden’s backdoor Green New Deal. The problem is Biden’s green energy dream is a nightmare for consumers, who will get hit with much higher energy prices."
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– H. Sterling Burnett, Heartland Institute ([link removed])

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The rules are meant to save the planet, any enrichment of the authors is merely a coincidence.

** Bloomberg ([link removed])
(12/8/22) reports: "Billionaire businessman Mike Bloomberg, the former New York mayor and presidential candidate, is poised to benefit financially from proposed rules requiring climate disclosures for businesses that he had a hand in crafting, policy analysts say. President Joe Biden’s Securities and Exchange Commission proposes that publicly traded companies disclose to investors what the commission describes as 'climate-related risks' that could affect operations. If adopted, the SEC rules also would require companies to disclose greenhouse gas emissions. The SEC announced the proposed rules in March and a comment period ended Nov. 1, but the agency isn’t expected to finalize the new requirements until next year...Bloomberg’s company also introduced 'climate transition scores' that provide oil and gas companies with 'benchmarks' for measuring progress toward net zero emissions in comparison to those companies’ own targets. 'It’s a lot easier to believe in a problem when the proposed
solutions make you richer,' economist David Kreutzer told The Daily Signal in an email. 'It’s even easier when you are the one proposing the solutions.' Kreutzer, formerly a senior research fellow at Heritage, is senior economist at the Institute for Energy Research, a Washington-based nonprofit that favors free-market energy policies. "

A reminder of how clueless reporters are about actual climate science--here's a writer who thinks it's "climate denial" to cite the IPCC.

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Energy is the lifeblood of modern society. Europe is going backward.

** Bloomberg ([link removed])
(12/8/22) reports: "Airbus SE Chief Executive Officer Guillaume Faury warned that European aerospace suppliers are starting to move to the US to escape surging energy costs and urged governments to provide tax breaks to halt the flow. Some German companies, for example in the chemicals sector, have already decided to relocate, while in France there’s more of a “wait and see” attitude that could result in departures early next year, Faury said in Paris Thursday. 'A certain number of smaller, energy-dependent companies can no longer make the equation work,' Faury said in a media briefing in his role of head of French aerospace lobby Gifas. 'They must decide whether to shut down operations or to move where energy prices are lower.' President Joe Biden’s Inflation Reduction Act has angered the European Union, which says it violates World Trade Organization subsidy rules and is weighing whether to issue a formal complaint or create a similar program. French President Emmanuel Macron, last month
hosted a dinner with top European business leaders to urge them to invest at home."

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
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: ↓ $71.02
Natural Gas: ↑ $6.23
Gasoline: ↓ $3.31

Diesel: ↓ $4.98
Heating Oil: ↓ $279.21
Brent Crude Oil: ↓ $75.91
** US Rig Count ([link removed])
: ↓ 843



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