UN Turns Against Carbon Removal Tech as “Unproven” and “Risky”
We have warned you, repeatedly, that environmental leftist wackos will NEVER accept fossil fuel energy under any circumstances. If you were to wave a magic wand and take away all carbon dioxide (CO2) emissions from fossil energy, they would still reject it. And we have proof of our assertion. The United Nations (UN), a body governed by leftist thugs and tyrants, now says using machines to remove vast amounts of CO2 from the air and sea to fight climate change is “unproven” and contains “unknown” risks. Ergo, we shouldn’t even try it. Ergo, we must eliminate the use of all fossil fuel energy to save the planet from burning to a cinder.
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We’ve often compared carbon dioxide (CO2) offsets, or carbon credits, as akin to the practice of the Catholic Church selling indulgences in the Middle Ages to absolve you of your sins (
In March, the U.S. Energy Information Administration (EIA) published its Annual Energy Outlook 2023 (see 

NATIONAL: The time to expand mining and streamline permitting is now; INTERNATIONAL: Oil extends rally led by Saudi warning; UK windfall tax case study.
We spotted a story from Windsor, Ontario (Canada) that caught our attention. We discovered a new customer for Marcellus/Utica gas might be coming just across the border. The Independent Electricity System Operator (IESO) that controls Ontario’s electricity supply has approved a plan by Capital Power to build two more natural gas peaking units at its East Windsor Cogeneration Centre in Windsor’s Ford City. Where is Ford City? Just across the Detroit River from Detroit, Michigan, and close the Dawn Hub–a major natural gas hub that gets some of its gas from the M-U.
Last summer Pennsylvania House Bill (HB) 2644 was passed into law, becoming Act 96 of 2022 (see
The second annual Hydrogen Summit was held yesterday in Pittsburgh at the Energy Innovation Center Institute. The summit is a collaboration between Peoples Natural Gas, the Energy Innovation Center Institute, and Bedford Management Partners, with an aim to position the Pittsburgh region to be a leader in global energy innovation. Front and center at yesterday’s confab was talk about two applications from the Marcellus/Utica region hoping to receive money from a $7 billion pot that is part of Biden’s Hunger Games contest, money to be awarded to 6-8 new regional hydrogen hubs.
First, there was DUG, the
Three far-left organizations, the Clean Air Task Force (CATF), Ceres, and ERM Group, published their third annual report, “Benchmarking Methane and other GHG Emissions of Oil and Natural Gas Production in the United States” (full copy below), which analyzes the production-based emissions of the largest oil and gas producers in the U.S. While the aim of the report is to name-and-shame big oil and gas companies (the worst offenders) with respect to methane and so-called greenhouse gas emissions, the report could not gloss over the elephant in the room: This year’s analysis found that reported methane and greenhouse gas intensity in the oil and gas sector have declined 28% and 30%, respectively, between 2019 and 2021, despite an increase in natural gas and total hydrocarbon production.
Yesterday, Citizens Against Government Waste (CAGW), an independent, nonpartisan group, named New York Governor Kathy Hochul (Democrat) its May 2023 “Porker of the Month” for signing a budget that bans gas stoves and furnaces in new residential buildings. Hochul signed a $229 billion behemoth budget bill that bans new construction from connecting to natural gas pipelines (outlawing new gas stoves and furnaces), as well as forces the shutdown of seven gas-fired peaker power plants (see 

Although last week saw a nice increase in the futures price for natural gas (the NYMEX front month contract for June, for gas traded at the Henry Hub in Louisiana), the price decreased once again yesterday, dropping 7.7% (-$0.18) to $2.40/MMBtu, which erased more than half of the gains from last week. Why? Primarily because production remains at or near all-time highs of 100 billion cubic feet per day (Bcf/d), and the weather is mild right now–no extreme heat to cause folks to turn on the air conditioner (causing the need for more gas-fired electricity). So here we sit, with the price of natgas still bumping around under $2.50/MMBtu. Bummer.