EU industrial CO2 emissions are down – and that’s not good news. Prior to #Ukraine war, Euro energy prices spiked 70% & cost of carbon permits tripled. Politician: “Our industry is bleeding to death.” Yes, b/c you are killing it with your #climate policies.

Physicist Berry: “CO2 does not cause global warming. Global warming causes more CO2.” If that’s true (which it is), then society is wasting trillions $ chasing a false premise of net zero. Because we consider the misinformed and the schemers to be the expert authorities.

DOE cancels purchases to refill Strategic Petroleum Reserve. Due to high oil prices.

DOE says: need to keep “the taxpayer’s interest at the forefront,” and it will “continue to solicit available capacity as market conditions allow.”

Ironic considering #Biden admin energy…

Appalachia can be the epicenter of our #hydrogen economy. It can drive a legitimate, not pretend, energy transition by using coal mine methane as a hydrogen feedstock & economic driver. U.S. Treasury Dept. plays key role.

More ⤵️ and #FarMiddle 151 ➡️ nickdeiuliis.com/years-numbers-…

Keep hearing how EU has a friend in current US administration and fears a November election loss. But…who paused US #LNG export facilities? That’s not a friend to suffering Ukrainians or EU; that’s being an enabler of #Russia .

If EU wants support, stop ignoring hard truths.

Index funds, banks, PE firms proudly announce plans to divest of fossil fuel #investments . China emits more than US and EU combined and its use of fossil fuels grows. Why don’t these same investment houses announce divesting all Chinese holdings ASAP? Consistent, right?

Mainstream business outlet: “EV Euphoria Is Dead.” Really? C’mon, there never was widespread consumer euphoria for #EVs . It was a myth manufactured by media, bureaucrat, and environmentalist. Yet #media still clings to myth by saying over the long-term EV demand will grow. Right.

Utilities see growing data center power demand as good. Southern CEO: 'One of the benefits is…downward pressure on rates for our customers…' Wrong. That’s how it used to be. Today, climate policy mandates expensive wind/solar. As demand grows, watch rates 📈 disproportionally.

Houston mayor: “I think we can all agree that we're broke.” Now proposing a 5% cut across the board, except for fire and police, as well as tax hikes and increased fees for parking and city services.

This will become the new normal for 🇺🇸 cities: what policies of the Left…

Germany ran headfirst into net zero trap. Now 🇩🇪 pay $7+ per gallon of gas, ~ double of US. Be worried: as US is shoved into same net zero trap, expect cost of driving to soon make the car a luxury.

Enviro zealots aim to convert the freedom of the many into a privilege of the…

Maryland decides to close Brandon Shores #coal plant. Now customers in 12 states will pay $796 million for new transmission projects to support grid reliability. Wasteful value destruction to ‘tackle climate change.’ Net zero follies are much more expensive than you’ve been told.

Morgan Stanley: despite EV subsidy and 65% of new auto sales being #EVs , Norway sees no reduction in oil consumption. Because drivers still need gas-powered cars to make longer trips. Let’s heed Norwegian lesson and stop this mass weapon of value destruction (aka EV mandates).

In new #FarMiddle , look at a series of connections by the numbers & through the years. Topics: fantasy football, 🇺🇸 #immigration crisis, #Russia & #WWII , and a century of failed #EV promises. Also highlight coal mine methane ( #CMM ) as #hydrogen feedstock. nickdeiuliis.com/years-numbers-…

New York Times: the electric car “has long been recognized as the ideal solution” because it “is cleaner and quieter” and “much more economical.” NYT reported such in…1911.

Myth: #EVs are a technological leap forward. Quite the opposite: EVs are a forced retreat to the past.…

Generative AI drives demand for data centers. Data centers drive demand for electricity. Climate policies mandate new electricity supply must be unreliable wind/solar. The most advanced tech on the planet will depend on the most archaic form of power generation: wind and sun.

Business media perplexed by gold’s rally and record-breaking prices. Blames ‘odd cocktail’ of market factors. Actually, quite simple: gold prices are soaring because investors sense #inflation continues to run hot and may worsen. You read it here first ⤵️ nickdeiuliis.com/news/20-reason…

The list of automakers scaling back and delaying #EV promises grows: Ford, GM, Mercedes-Benz, VW, Jaguar Land Rover, and Aston Martin. The only thing growing more is the cumulative value destruction tied to chasing the fool’s errand of a sustainable EV business model.

Ukrainian mayor of war-torn village: “Without #electricity , the village will die.” Without reliable and affordable electricity, everything in modern society dies, which is why everyone should fear climate policies that aim to destabilize the grid and create electricity scarcity.