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Emerging economies slam Cop26 net zero push as ‘anti-equity’

by Chloé Farand
Climate Home News

“In a ministerial statement ahead of the Cop26 climate talks, which start in Glasgow on 31 October, the group of “like-minded” developing countries issued a strong rebuke to the UK host for calling on all countries to cut their emissions to net zero by the middle of the century,” according to Climate Home News.

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Biden moves against Minnesota mine targeted by environmentalists

by Josh Siegel
Washington Examiner

“The Interior and Agriculture departments will consider a 20-year mineral leasing withdrawal of key portions of national forest lands, prohibiting the issuance of prospective permits and leases in the meantime, according to an advanced copy of the USDA press release shared to Congress and obtained by the Washington Examiner,” as reported in the Washington Examiner.

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Global shortage of magnesium could cripple car industry

by Cecelia Jamasmie
Mining[dot]com

“‘It is expected that the current magnesium inventories in Germany and respectively in the whole of Europe will be exhausted by the end of November 2021,’ the letter said.   Magnesium is used for a range of products, especially aluminum alloys, which are used in several auto-parts from gearboxes and steering columns to seat frames and fuel tank covers,” according to Mining[dot]com.

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Democrats Struggle to Replace Climate Plan Manchin Rejected

by Ari Natter, Erik Wasson and Steven T. Dennis
Bloomberg

“Democrats struggled to fill the void created by Senator Joe Manchin’s opposition to a key climate program, with hopes fading that Congress will reach agreement on climate legislation before world leaders gather in Scotland for a summit on global warming,” according to Bloomberg.

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‘Brown recovery’ wipes out hopes that pandemic stimulus would drive climate spending

by Zack Colman
Politico

“While the analyses compiled by policy and energy experts looked at different sets of countries and used a range of methodologies, their conclusions by and large were the same: Global stimulus efforts have favored business-as-usual practices, including government support for fossil fuels, that will do little to constrain greenhouse gas emissions,” according to Politico.

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Rubio Calls on Biden to Fire Climate Envoy Kerry Over Chinese Investments

by Alana Goodman
The Washington Free Beacon

“Rubio’s comments came in response to a Washington Free Beacon report on Thursday that Kerry and his wife disclosed a stake worth at least $1 million in a Chinese investment group that is a top shareholder of a Chinese tech company blacklisted by the United States for human rights violations,” according to The Washington Free Beacon.

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President Biden’s Department Of Energy Just Affirmed Much More Oil And Natural Gas

by Jude Clemente
Forbes

“We believe it is highly unlikely that oil demand will decline meaningfully over the next decade, even with a stronger push by world governments toward net-zero emissions. However, global supply could fall well short of demand over the next five years amid growing pressures to slow investment, setting the stage for an unprecedented spike in oil prices,” BMO Markets, October 2021 as cited in Forbes.

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China Backpedals On Climate Commitments

by Irina Slav
Oil Price

“In a statement, Premier Li Keqiang said that the stable supply of energy must be the foundation of any transition to a less emission-intensive future.  ‘Energy security should be the premise on which a modern energy system is built, and the capacity for energy self-supply should be enhanced,’ Li said as quoted by Bloomberg,” and reported by Oil Price.

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Energy markets face turbulence thanks to energy investment shortfall

by Josh Siegel
Washington Examiner

“Oil and gas investment is down in recent years in anticipation of less demand for fossil fuels as governments and private companies invest more in clean energy to address climate change.  Without greater investment, volatile energy prices and shortages shocking the world could become the norm throughout the decade,” according to the Washington Examiner.

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Biden’s plan: Slash U.S. fossil fuels, rely on China for renewables

by Craig Rucker
CFACT

“Obsessed with man-made climate change, the Biden administration claims natural forces no longer play any role and blames every temperature change, hurricane, tornado, flood, drought and wildfire on fossil fuel emissions. It ignores forest mismanagement, the vital roles fossil fuels play in our lives, and the enormous ecological impacts that any Green New Deal would inflict,” according to CFACT.

“Biden’s plan: Slash U.S. fossil fuels, rely on China for renewables” Read Full Article »

Would the Real Climate Change Hypocrite Please Stand Up!

By Kevin Mooney
Real Clear Energy

“ExxonMobil has not backed away from its commitment to carbon taxes contrary to what media reports built around the comments of one lobbyist suggest.  In fact, the oil and gas company remains committed to combatting climate change by creating market incentives that will supposedly cut a path toward ‘net zero emissions’  in its recent reports and its public comments.  That path will come at a hefty price for American consumers, American families, and businesses without making any discernable impact on climate, according to recent studies from free market-oriented outfits,” according to Real Clear Energy.

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Wait, We Still Want Fossil Fuels?

by Holman W. Jenkins, Jr.
The Wall Street Journal

“In Glasgow, where world leaders will gather soon for a climate conference, they might use the moment to ask some big-boy questions. Was it ever plausible that human beings might dramatically reduce their use of fossil fuels? Doesn’t it seem especially unlikely in a month when leaders have been throwing their climate promises to the wind in pursuit of lower energy prices for their consumers and voters?” according to The Wall Street Journal.

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