Everything about Climate Fear is just PR
You will never guess. Not only does no one care if carbon credits don’t cut carbon emissions, but hardly anyone cares if so called climate money is even spent on the climate. As many as 66% of climate projects funded by the developed world have nothing to do with “climate vulnerability”.
It’s the bragging game — politicians want to make out they are doing a lot for the climate, but there’s barely any accountability to check whether they get value for money — by how many thousandths of a degree did that policy cool the world? So they inflate their spending promises by claiming random other projects are “climate projects” or they use accounting trickery.
University of Zurich’s Axel Michaelowa, who studies climate aid grants, found “there was a huge misrepresentation. Governments were actually really not able to report properly” on aid that was supposed to help countries reduce carbon dioxide emissions.
His study, conducted on specific climate grants four years ago, showed a list of “projects without any conceivable climate change connotation,” such as Belgium funding for a “love movie festival” in the early 2000s in Africa, a [...]
China is making the world’s products, but in terms of carbon they are horribly inefficient compared to the West. Old factories and coal fired electricity mean the country is pouring out CO2 — not that that matters, but it rather puts the squeeze on anyone who thinks it’s good for the environment to shut down clean western factories and give that production to China.
Figure 2 | China’s emission exports and the top exporting provinces. a The emissions embodied in goods exported from China to the US, EU and Japan are shown, representing 58% of all emissions embodied in trade in 2007 (the largest flows are labelled in MtCO2 yr-1.
A new study came out by Lui et al. with headlines all over like “Goods manufactured in China not good for the environment, study finds”. But none of these media outlets put a number on it — how much more polluting were these Chinese factories? The answer was right there in table 1 of the paper. Lui et al compare 15 products made in China and the EU, and found that China produces 4.4 times the emissions of CO2 in order to produce the same product.
When Chinese workers [...]
Renewables, are not just inefficient, unnecessary, and deadly to wildlife, but they were also a disaster of planning and management. The list of dollars and euros destroyed in the Glorious Renewables Quest has gone “nuclear”. The World Economic Forum estimates $100 billion Euro has been wasted, but its even worse than it looks. I had to read their opening sentence twice. I thought it read “European countries could have saved approximately $100 billion if each country had invested in the most efficient energy source.” I was thinking they could have saved that sort of money by using coal instead of windmills… but no, those huge savings would be over and above those ones. The WEF is talking about money saved if “badly managed renewables, had been “well managed ones”.
The inefficiency here is the scale only big-government could achieve.
The Energy Collective
Europe Loses Billions in Badly Sited Renewable Power Plants
European countries could have saved approximately $100 billion if each country had invested in the most efficient capacity given their renewable energy resources, that is, by installing wind turbines in windier countries and solar power plants in sunnier places.
But why would we be surprised? [...]
Climate Analytics say that developed nations have paid $35.9 billion dollars into the UN Aid program called FastStart. This was the project rescued from the aftermath of the 2009 Copenhagen climate convention. Somehow $3 billion of private finance has been tossed in as well, making it nearly $39 billion since late 2009.
As usual, when other-people’s-money is spent on the poorest of the poor, the poor seem to get no say, and not much use out of it either.
[Bloomberg] “Seventy-one percent of the total finance went to emission-reduction ventures rather than adaptation projects such as water conservation or flood defense, today’s report shows.”
Sooner or later, the aid-recipients are going to suffer through a flood or a drought (thanks to climate-sameness). But two thirds of this aid money won’t add up to a dime’s worth of protection. Seventy percent of the funds were used to stop emissions of a fertilizing trace gas instead of preparing people against the ravages of the weather. Indeed most of the money was spent reducing something that would be considered an asset if not for the decree of climate models that we already know are wrong.
Hey, but it’s only $27 billion or so [...]
If the Greens cared about CO2 they’d be very interested in ways to reduce emissions. But their selective interest speaks volumes about their real priorities. Anton Lang shows how newer coal fired powers stations run hotter and at higher pressures, and use 15% less coal to produce the same amount of electricity. We could upgrade our power stations and cut a whopping 15% of their emissions — which is huge compared to the piddling small, often unmeasureable savings thanks to renewables. Even massive floods that stop industry don’t reduce our emissions as much as this would. Do the Greens hate the coal industry more than “carbon pollution”? — Jo
Ultra Super Critical Coal Fired Power gives a 15% CO2 Emissions Reduction
Guest Post: Anton Lang (aka TonyfromOz)
It all comes down to steam.
Assume (for a moment) that we have to reduce the emissions of CO2 by something like 20% between now and 2020.
Previously I showed we could achieve a reduction of 13% in CO2 emissions from the electrical power generating sector just by converting from the current 70’s technology coal fired power to the newest technology USC (UltraSuperCritical) coal fired technology. That 13% I quoted [...]
HFC-23 is 15,000 times as potent as CO2 in the greenhouse gas stakes. It’s only made by six factories in the whole of Europe.
Given that, you would think that they’d have this one esoteric compound completely tracked, measured to the nth, audited and cross checked, right? After all, how devastating would it be if governments can’t report something as simple as HFC-23 accurately, how could they possibly expect to run a global trading scheme on a gas like CO2, which is not just made in hundreds of factories, but thousands of cities, millions of cars, and billions of animals. Well, if you thought someone somewhere had a handle on those numbers, get ready to be corrected. Not only did people think it was a good idea if countries self-assessed their emissions, but they trusted those countries to accurately report numbers that millions of dollars of payments rested on, and nobody was looking too hard over their shoulder.
Who has been emitting twice as much HFC-23 as they admitted? That would be the whole of Western Europe. Italy, apparently, has snuck out 10 times as much.
So what does a “binding target” mean exactly? Not much. When we can’t measure [...]
Thanks to Down To Earth Magazine. Author: DIVYA
All round the world thousands of greenonomists recommend a “free market solution” to our so called pollution problem. But as I keep saying: this “free market” isn’t free. It’s a pale pathetic imitation: a “managed market”.
In Europe, if a factory produces CO2 (what factory doesn’t?) it can pay people in China and India to not produce an-equivalent-amount-of-CO2. Sounds sort of fine in intent except that paying people to not do something they were-going-to-do depends on knowing the future (and reminds us of a process known as extortion). That’s loophole number one. Officially it’s called “additionality”, which is a fancy way of saying people wouldn’t do something-in-particular to reduce emissions unless they got paid in carbon credits.
The Chinese and Indians, not being stupid, immediately gamed the system. Why wouldn’t they?
The irony of unintended consequences. Here’s how it goes: HFC-23 is the godfather of greenhouse gases: it’s 11,700 times as powerful at warming as CO2 is. The chemical makers are paid as much as $100,000 in carbon credits for every ton they destroy… Suddenly making-and-then-destroying HFC-23 is very valuable business, so people rush to fill this “demand”. HFC-23 is a [...]
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