Contrary to the appeal of American Association for the Advancement of Science President Rush Holt, I’m not looking to the AAAS to combat science fraud as it overlooks its own role in it. 38 more words
Foreign Direct Investment in the Energy Sector is important to African Economic Development
Angola has emerged as the hub of foreign direct investments within Africa, and the prospects of attracting more FDI this year are bright, particularly in the country’s oil and gas sector. The ambitious reform agenda of President João Laurenço and that of the Minister of Mineral Resources and Petroleum, Dr. Diamantino Pedro Azevedo, has already resulted in increased investment from the country’s… Read more on https://africa-newsroom.com/press/us-firms-will-not-be-left-behind-as-energy-investments-pick-up-in-angolas-oil-sector?lang=en
By Paul Homewood China is building 300 new coal power stations around the world, according to NPR(National Public Radio), who I gather are the US equivalent of the BBC: China, known as the world’s biggest polluter, has been taking dramatic steps to clean up and fight climate change. So why is it also […]
By Dr. Tim Ball, from his website. The consistent pattern of the IPCC reveals demonization and misrepresentations of CO2. Here are some basic facts about CO2 that illustrate the discrepancy between what the IPCC claim and what science knows. Natural levels of Carbon dioxide (CO2) are less than 0.04% of the total atmosphere; it is…
Guest essay by Eric Worrall While China publicly demands the USA fulfil Obama’s Paris Agreement pledges, and makes a big deal of their conversion to green energy, behind the scenes the Chinese Belt and Road initiative is starting to look like a gigantic coal plant construction exercise. Why Is China Placing A Global Bet On…
Spot the Vested Interest: The $1.5 Trillion Climate Change Industry – from JoNova website
Climate Change Business Journal estimates the Climate Change Industry is a $1.5 Trillion dollar escapade, which means four billion dollars a day is spent on our quest to change the climate. That includes everything from carbon markets to carbon consulting, carbon sequestration, renewables, biofuels, green buildings and insipid cars. For comparison global retail sales online are worth around $1.5 trillion. So all the money wasted on the climate is equivalent to all the goods bought online.
The special thing about this industry is that it wouldn’t exist if it weren’t for an assumption about relative humidity that is probably wrong. As such, it’s the only major industry in the world dependent on consumer and voter ignorance. This is not just another vested interest in a political debate; it’s vested-on-steroids, a mere opinion poll away from extinction. You can almost hear the captains of climate industry bellowing: “Keep ‘em ignorant and believing, or the money goes away!”.
To state the obvious:
Policy, or the anticipation of new policy, has been one of the biggest drivers of the industry, the report shows.
Most industries this size exist because they produce something the market wants. They worry that competitors might chip into their market share, but they don’t worry that the market might disappear overnight. Normal industries fear that a “bad” political outcome might reduce profits by ten or twenty percent, and sometimes they donate “both ways”. But the climate industry has literally a trillion on the table that depends on big-government policy and election outcomes. They are always one prime-time documentary away from disaster. What if the public saw that thermometers were next to industrial exhaust vents? What if they learned that the climate models are unskilled, broken, and non-functional, or that 28 million weather balloons show carbon reduction is fruitless pursuit? What if they knew historic records are wildly adjusted to make the current weather look warmer than it would? …
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