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DAILY ENERGY NEWS  | 07/30/2025
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Endangerment Finding, out!


Just the News (7/29/25) reports: "Environmental Protection Agency Administrator Lee Zeldin on Tuesday announced the long-anticipated proposal to repeal the Obama-era 'endangerment finding.' The rule determined that greenhouse gas emissions posed a risk to public health, which gave the EPA the authority to regulate those emissions as a pollutant. In a statement, Zeldin said the rule had been used to justify over $1 trillion in regulations, including the Biden-Harris administration’s EV mandates. Its repeal, according to the EPA, would save Americans $54 billion in annual costs... Tom Pyle, president of the American Energy Alliance, said the EPA has used the finding to deny Americans access to reliable, affordable energy, as well as transportation choice. 'It has reshaped investment and infrastructure to our country’s detriment and has been used as a vehicle to push a political agenda,' Pyle said." 

"Climate policy has been steered into a political cul-de-sac by bad science and bad policy. The bad science can be found in the UN-FCCC’s definition of climate change that is at odds with the scientifically-accurate definition of climate change of the IPCC. The bad policy results from the use of global average temperatures as a proxy for human flourishing, making cost-benefit analyses seem unnecessary or even unhelpful to the political cause."

 

– Roger Pielke Jr.,
The Honest Broker

Common sense.

California lawmakers on climate superfund: let's circle back later.


Energy in Depth (7/16/25) reports: "California’s climate activism has hit a wall in the legislature, with The LA Times reporting that both Senate Bill 684 and Assembly Bill 1243 'have been put on hold until next year.' Touted as the 'Polluters Pay Climate Superfund Act,' the bills sought to impose retroactive fees on the largest fossil fuel producers operating in California based on alleged climate liability. Despite gaining momentum earlier this year, both bills have stalled in Sacramento, with lawmakers quietly shelving them amid rising consumer energy costs and likely legal challenges... California is not alone in considering a Climate Superfund legislation. Vermont became the first state to enact a climate superfund law in 2024, followed by New York in December. Ten additional states are weighing similar measures... California already faces some of the highest energy prices in the country, with electricity rates rising from roughly 30% higher than the national average in 2015 to over 80% higher in 2024, driven in part by aggressive climate programs." 

Access denied.


RealClearEnergy (7/28/25) reports: "In a huge win for American taxpayers and private property rights, the U.S. Department of Energy under President Donald Trump and Secretary Chris Wright has officially canceled a $4.9 billion loan guarantee for the Grain Belt Express. The project—which relied on eminent domain lawsuits to take land from unwilling property owners—was a centerpiece of the Biden Administration’s failed green energy agenda. Not anymore... Billed as a green energy transmission line stretching over 800 miles across the Midwest, the project was never designed to benefit most of the communities it would upend... In Missouri alone, the company behind the project, Invenergy, filed 40 eminent domain actions to force landowners to surrender their property against their will. One couple was offered just $8,100 for permanent access across their land. When they said no, they were dragged into court. Their story is not unique—and similar fights are playing out in rural communities across the country where 'green' infrastructure projects are being pushed."

Energy Markets

 
WTI Crude Oil: ↑ $69.52
Natural Gas: ↓ $3.05
Gasoline: ↑ $3.14
Diesel: ↑ $3.74
Heating Oil: ↓ $242.56
Brent Crude Oil: ↑ $72.76
US Rig Count: ↓ 568

 

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