Daily on Energy: Cracks in the EU plan to ditch Russian fossil fuels

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LNG AND REFINING LOOPHOLES SPELL TROUBLE FOR EU RUSSIAN CRACKDOWN: Cracks are emerging in the EU’s once hardline stance against Russian fossil fuels as the bloc prepares for its second full heating season following the invasion of Ukraine.

Both are signs of the difficulty in achieving the stated goal of cutting off Moscow’s primary source of war revenue. The EU had imposed eight sanctions packages on Russia last year, which banned oil imports and called for a full end to Russian LNG by 2027. EU leaders should support"a ban for all refined products going to G7 countries" if they've been produced from Russian oil, even if they were refined by an outside country, Ukrainian economic advisor Oleg Ustenko told Politico EU in an interview.

WHITMER’S CALL FOR CLEAN ENERGY STANDARD: Michigan Gov. Gretchen Whitmer is asking lawmakers to pass a 100% clean energy standard, a move that will allow Michigan to join a slew of states that have previously set similar policies for reducing carbon emissions from the power sector. TRUMP GOES AFTER BIDEN, VIES FOR AUTO UNION SUPPORT IN NEW CAMPAIGN VIDEO: Former President Donald Trump continued to vie for an endorsement from the United Auto Workers in a new campaign video, characterizing Biden’s electric vehicle goals as a “transition to hell” and one that he said would destroy the U.S. auto industry.

“There’s no such thing as a fair transition that destroys over 100,000 auto manufacturing jobs, it will be much more than that; [one that] wastes tens of billions of dollars that should be going to workers and that makes new cars unaffordable for the middle class,” he said. ”That's a transition to hell, you're going to hell and your bosses are leading you right down the tubes.”

OKLO TENTATIVELY AWARDED CONTRACT FOR MICRO-REACTOR: The Defense Logistics Agency Energy has issued a notice of intent to award nuclear fission company Oklo a contract to site a micro-reactor at Eielson Air Force Base in Alaska, and provide power to the facility.

 

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