There’s a lot of cheering going on in the lead-up to Paris, but not a lot of action, and definitely, no actual journalism.
Newsweek reports on the 81-company-cheer-squad with not a single mention that any of these companies could be investing, getting government kickbacks, or profiting from “climate change”.
Newsweek: Obama Finds Corporate Allies for His Climate Change Agenda
Much to the White House’s delight, 81 companies have signed the president’s American Business Act on Climate “pledge,” a non-binding resolution that is effectively a vote of confidence in the executive branch heading into international climate talks in Paris later this year.
When Exxon supported a few skeptics was that described as a “vote of confidence in skeptical science”?
The big agreement is for “collective attention”:
The pledge doesn’t create new taxes or rules, but it amounts to an agreement among industry leaders that climate change is real, human-influenced and worthy of collective attention.
It amounts to nothing. Welcome to the Cabaret.
Who’s in the cheer squad?
“The White House on Monday announced that a total of 81 companies, including Alcoa, General Electric and Procter & Gamble, have backed a U.S.-sponsored pledge supporting action to combat climate change.
All these companies are not in any way doing this for the profit 😉
“Companies as varied as Apple and Google, Goldman Sachs and Bank of America, Pepsi and Coca-Cola and even General Motors signed off on the White House–backed pledge, which means that they have verbally committed to efforts like purchasing 100 percent renewable energy and reducing deforestation in supply chains.
Some may believe; others know a good PR opportunity. And for some it’s just good business.
Goldman Sachs puts in $40 billion to renewables:
“The bank’s new $40 billion target applies to investments and financings for solar, wind, hydro, biofuels, biomass conversion, energy efficiency, energy storage, green transportation, efficient materials, LED lighting and transmission.”
Goldman Sachs has been in this from the beginning. Carbon credits is just another fiat currency to profit from.
General Electric (another signatory) makes over $20 billion a year from green energy. As I wrote in 2012:
“GE is so large that its annual revenue ($150 billion) is greater than New Zealand’s gross domestic product ($140.43 billion). But GE stands to profit in solving man-man global warming, whereas New Zealand will just pay.
In 2011 GE generated $21 billion in “clean energy revenue”. (GE Annual Report 2011, p 3).
GE boast that their “technology helps deliver a quarter of the world’s electricity”. “We are one of the largest clean energy companies in the world” (page 18) “GE wind turbines, among the most widely used in the world, will soon power the largest wind farm in the U.S”
In other words, they are one of the largest companies in the world which makes profits that depend on a climate of fear. How much would their wind turbines be worth if western governments pulled the pins on all the subsidies?”
Apple put in $850 million to solar power in February 2015:
It’s the biggest-ever solar procurement deal for a company that isn’t a utility, and it nearly triples Apple’s stake in solar, according to an analysis by Bloomberg New Energy Finance (BNEF). “The investment amount is enormous,” said Michel Di Capua, head of North American research at BNEF.
The company has been ramping up its investment in solar, with two 20 Mw plants completed and a third under development in North Carolina, and a 20 Mw plant in development in Reno, Nev.
April 2015:
Apple has continued its high profile renewable energy push, announcing it is to invest in two Chinese solar farms boasting 40MW of new capacity.
I guess Apple wouldn’t be too excited if “climate change” turned out to be caused by solar flux or magnetic variation, and all that solar was a waste of money. They’d look like turkeys.
Now here’s a curious connection:
The White House said it also expects a consortium of major investors to announce on Monday $1.2 billion in investment capital for companies and projects that can “produce impactful and profitable solutions to climate change.” The initial group of investors includes the University of California, TIAA-Cref and the Alaska Permanent Fund, according to the White House. — CNBC
Nice reward for the obedient?
In Paris the warmist convention,
Will call for ‘collective attention’,
On a new global deal,
That the warming is real,
But the cooling they won’t even mention.
–Ruairi
Coca Cola:
************
Herbert A. Allen, President and Chief Executive Officer
Mr. Allen is President, Chief Executive Officer and a Director of Allen & Company Incorporated, a privately held investment firm.
Ana Botín Director
Executive Chairman of Banco Santander, S.A., the parent bank of Grupo Santander a leading financial services provider in the United Kingdom. She started her 33-year career in the banking industry at JP Morgan in New York in 1981 and in 1988 joined Banco Santander, S.A., a global, multinational bank, where she established and led its international corporate banking business in Latin America in the 1990’s.
Howard G. Buffett Director
Mr. Buffett is Chairman and Chief Executive Officer of the Howard G. Buffett Foundation, a charitable foundation that supports initiatives focused on food and water security, conservation and conflict management, and has held these positions since December 2013. He previously served as President of the Howard G. Buffett Foundation from 1999 to December 2013. He is also a Director of Berkshire Hathaway Inc. and Lindsay Corporation. He is a faculty member at Columbia University’s School of International and Public Affairs. He is a policy advisor in the Executive Office of the President of the United States under President Barack Obama. Prior to joining the White House, Buffett served as a special assistant at the U.S. Department of Agriculture,[4] as a member of the Obama-Biden Transition Project,[5] and as director of National Surrogate Radio for Obama for America.[6] He is the son of the middle son of billionaire investor Warren Buffett.
Richard M. Daley Director
Executive Chairman of Tur Partners LLC an investment and advisory firm focusing on sustainable solutions within the urban environment. he was appointed a senior advisor to JPMorgan Chase & Co., where he chairs the “Global Cities Initiative,” a joint project of JPMorgan Chase & Co. and the Brookings Institution to help cities identify and leverage their greatest economic development resources. Mr. Daley also has been a distinguished senior fellow at the University of Chicago Harris School of Public Policy since May 2011. He is also a Director of Diamond Resorts International, Inc.
And yes he is one of the infamous Mayor Daleys of Chicago, Illinois of the Democratic political machine. (Look it up if you are not familiar with US politics. It is not something Americans are proud of.)
That is just the first few Directors of Coca Cola. You can look at the rest starting HERE
It is always a bit of an eye opener to look at the board of directors of these companies and see the interconnections to the big banks.
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You should also look at the politicians and where they fit into the scheme of things. The UK has Cameron whose wife is a rabid greeny, Australia got rid of a skeptic PM and replaced his with a green banker that will deliver the necessary dane geld to the UN in December.
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I don’t know if it is just me but is there an all out assault on the worlds skeptics in the lead up to these climate talks. In Australia we have had a conservative skeptic knocked off by a warmist. In Canada ditto. The popes advisers warmists. In those big companies key board members are warmists..At schools ,universities,media almost every aspect of influence there has been determined efforts to place warmists in positions of influence whilst skeptics gets burnt at the stake. It’s like a takeover by aliens who have corrupted the minds , brains and common sense of ordinary humans. The more the world refuses to warm up, the more clear it is that the models are wrong the more frenetic the warmist movement becomes. Ironically not only have their disciples tried to influence the future they actually change history manipulating data to fit the narrative. The movement whatever it is ( perhaps a one world government) is sinister and powerful. Blog sites like these are the last bastion of common sense in resistance to what can only be described as an evil, a deliberate movement to debilitate the advancement of the human race in the naive pursuit of a global socialist regime. Call me conspiratorial but it can’t be true that so many influential people who are blind to the obvious fact of the global warming scam got to those positions of influence by accident. The more the theories are disproved the more these people become prominent spokesmen for the cult. The hijacking of the mainstream media has been the greatest influence of all and if the skeptical revolution is to win it will take more heros like David Siegel ,Andrew Bolt, Maurice Newman etc to be heard by the masses. The noise created by the warmist followers drowns out the skeptical voices of reason. Hopefully whoever replaces Obama is a skeptic or I am fearful how our world will look in the future. These big companies supporting Obama is not just about PR and profits it’s about the influence of certain people within those companies to drive an agenda. Obviously it is subsidies and profits that internally justify their agendas but people would actually have to be brain dead not to realise that the god to which they want us to pray is a false one.
I’m interested to know whether other observers and readers of web sites such as these have similar fears as myself or am I genuinely becoming paranoid?
There is no doubt in my mind that global warming alarmism is the greatest moral issue that the world has ever faced. You are talking about the fate and well being of millions and perhaps billions of people in this and current future generations.
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David read ChiefIO’s “Evil Socialism” vs “Evil Capitalism” and link
There is also Kent Clizbe’s Willing Accomplices His book makes a great deal of sense.
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Also some background history:
Dumbing Down America by Dr. Samuel Blumenfeld
Destroying the Dominant Social Paradigm Via Education for 21st Century Political Power and Personal Gain
Marx and the Aristocracy
Google “The real George Bernard Shaw” westside912 (I can not link that title without getting tossed into moderation)
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‘The hijacking of the mainstream media has been the greatest influence of all and if the skeptical revolution is to win it will take more heroes like David Siegel, Andrew Bolt, Maurice Newman etc to be heard by the masses.’
The MSM has failed miserably to do its job, this is not a conspiracy, its just that there are no journalists who understand science.
Ultimately the world will cool, leaving Bolt, Newman and Nova to explain exactly what has transpired over the past quarter century and where we are heading.
Patience is required, we are at the mercy of the weather.
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el Gordo, you are missing the fact that J.P. Morgan and Assoc bought up all the influential newspapers in the USA in 1915 and have been in control of the MSM ever since. It is not a ‘conspiracy’ it is a plain fact. Just the use of advertising dollars does a lot to control what is allowed in the MSM. Monsanto used it’s advertising clout to get rid of Derry Brownfield a veteran farm radio reporter.
Link with all the info.
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Sorry folks – I hit the wrong button again. I do agree with all the comments made so far.
The world is gone mad-climate mad! And the science/proof doesn’t matter to these people.
The truth is an inconvenience that must be silenced by any means.
The debate was ambushed by big business some tim ago and now it’s all about profit.
And the academics and greens who started this all off care only about ideology. It will take time, but I do believe the truth must come out in the end. Geoff W Sydney
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In Australia we have the Murdoch dynasty (center right) and Fairfax (green/left), and then of course we have the ABC (center left).
If the journalists at any of these establishments understood the science then it would be a different world. As it stands, for the most part they are just brain washed zombies.
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ABC centre-left? That would be a huge shift to the right from where they are now. Perhaps I should remind you of:
http://www.theaustralian.com.au/national-affairs/its-easy-being-green-at-the-abc-survey-finds/story-fn59niix-1226647246897
On topic, does no one find it utterly corrupt that the POTUS is seeking a mandate from corporations, which are not people, do not have the right to vote, and should, in theory, have no sway over political decisions? It bemuses me that US politics is now so openly corrupt and yet all those citizens with so many firearms sit idly by.
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Its behind a paywall, nevertheless I agree auntie’s newsroom has a socialist bent.
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You can blame the US Supreme Court that is SUPPOSED to protect our Constitutional rights.
US Supreme Court and Corporations
In the spring of 2014,the Supreme Court came to a 5 to 4 decision on McCutcheon v. Federal Election Commission — striking down the limit on the total amount of money wealthy donors can contribute to candidates and political committees. Earlier Citizens United struck down the limits on the ability of organizations that accepted corporate or union money from running electioneering communications.
Direct contributions from corporate or labor union treasuries are still illegal so the contributions are made via a Political Action Committee (PAC). In the 2010 Congressional races House Democrats got 38% of their funding from PACs and 47% from large individual contributors. The House Republicans got 24% of their funding from PACs and 48% from large individual contributors. So guess who controls Congress?
Originally corporations were only granted a twenty year life span to prevent this accumulation of power. Now they have an unlimited life span.
………
US Supreme Court and fiat currency
A central bank using fiat currency is technically unconstitutional (Silver and gold as currency are explicitly stipulated)
US Supreme Court and the expansion of Federal Government Power
The “Commerce Clause” is the second most abused power of the Federal Government. Yet the Supreme Court ruled in favor of the expansion of the power of the Federal Government after FDR threatened to pack the court.
US Supreme Court and negation of the individuals rights and control over the government
To me the worse is what the Supreme Court has done to our rights as Jurors and a right to a trial by jury.
As Thomas Jefferson put it to Tom Paine in a 1789 letter, “I consider trial by jury as the only anchor ever yet imagined by man, by which a government can be held to the principles of its constitution.”
Here is how the politicians have gotten around the US Constitution to make sure citizens are denied their right to a trial:
This means instead of a jury trial if you are accused of violating FDA regs you are judged by a tribunal WITHIN THE FDA. In many cases the fines involved go into the departments coffers, so how impartial is that tribunal going to be?
Jury Nullification is our ultimate weapon. WE as Jurors have the RIGHT and duty to judge not only the case by the LAW itself. We as Jurorists CAN set aside laws passed by Congress! (This is why jury trials MUST be gotten rid of.)
This is the ultimate power of the people over the government and of course the elite are trying to remove this power by keeping us uninformed. Mark Ianicelli was arrested in Denver for handing out jury nullification flyers to potential jurors… With no justification SEE:
fija(DOT)org/2015/08/04/updates-on-mark-ianicelli-arrest-for-jury-nullification-education/
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You have to remember that POTUS controls the military. Any attempt to use force would be put down decisively. One can only hope that the winters get cold, miserably cold, in temperate areas. Then, hopefully, people will begin to see what a hoax all this AGW/CC stuff is and vote the despots out of office.
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Very well said and reasoned David S.
What can be done about all this? e.g……a company as big as GE will certainly have sway in indoctrinating the masses. I guess our only salvation is that the macro cycle will inevitably roll on and eventually something else other than this warmist tripe (hopefully positive and reasonable for a change) will come into vogue.
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Possibly it’s just the other topics the candidates are talking of. Most of them are conservative, so they haven’t lost their post bc. of climate, but just of bc. of other consrvative points of view.
About warmist media and politicians. For many of them it is a matter of heart to protect the evironment/creation. So they believe easily in anything connected to that topic, without need for counnterchecking.
For humans the truth are not the facts, but what they hear every day.
To convince somebody, one must learn to understand him and make friend with him. As soon as one is critizised, he will refuse to listen. It is also necessary to give the other person space to retreat w/out loosing his face.
To change the world, we need not only facts and a general conservative position, but also a warm heart und some psychology.
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Along with any form of capitalism comes competition, even if being competitive means selling an absolute lie, it’s up to the consumers to decide whether or not to support the product, in the case of CAGW markets the transactions were votes and the testimonies were complacency.
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I’ve said it before and I will say it agin: It is now, has been and always will be about the money!
If money isn’t the most important thing then I do not know what is! Of the many people that say money isn’t the most important thing I believe most of them are on public relief.
Don’t believe me? Try holding hands and singing songs and see if that will pay your rent! That only works if you are a community organizer…or commander in chief.
the next president of the US will probably be a Republican. If that is the case then the financial gravy train will probably come to a screeching halt! If not, then the global warming charade will continue
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Eddy I hope you’re correct about a Republican pres. The Hillary numbskull would be no better than the Obama fool.
Gaaawwwwd help you if she wins.
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Neville, normally after one party has the white house for two terms the other party wins. Hillary would be a third term for Obama. Ain’t gonna happen!
People are soooo pissed off in the US it isn’t funny. The last time we had a leftie was when Carter was president. When the pendulum swings far one way it tends to awing far the other way, as well. I think we are going to see someone that is a populist. It is no coincidence that the outsiders Trump and Carson are both in double digits while all of the career politicians are sucking pond water. If the Republicans get sixty seats in the senate it is game over for the warmists!
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“If the Republicans get sixty seats in the senate it is game over for the warmists!”
That can only be good news for everybody except the Marxists and Climate Fraudsters !
There is still The Paris Hajj of ratbags to deal with in the meantime and the pending idiocy and slavery we all will be at risk of if it goes the way of the True B’lver !!!
https://www.youtube.com/watch?v=uGYXXRzKlTY
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That’s if the Republicans win the White House, and Obama still has 16 months to lock down his shackles,especially the Paris Accords.
The chances of the Demos holding the White House are still scary, because of how they won the last 2 elections: by making sure they won the key urban voting districts in the battle ground states. (some had 120% voter turn out and voted 99% for Obama) Most Americans are rebelling against the left and its insane policies, but will that matter?
Obama and his like has proven that they will force their agenda even if its not wanted by the people. Furthermore, Congress doesn’t hardly matter anymore.
If Congress goes along with the president and his agenda they are effectively just rubber stamps for his agenda and that of the un-elected bureaucrats who really have taken over to a great extent. If Congress doesn’t, they mount no effective opposition. Obama has turned the US Congress into a Polit-Bureau. It is a “fundamental transformation”.
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Plus, Obama has made sure the illegal immigrants and dead people vote.
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Eddy,
There is a BIG PROBLEM. International law.
DOES US LAW SUPERSEDE INTERNATIONAL LAW?
However under International Law the President of the United States can sign binding contracts with other Nations. These contracts are considered treaties under International Law and unless their unconstitutionality was manifestly obvious to the other nations at the time the treaty was contracted the United States is stuck with it even if it is later found unconstitutional within the United States.
IMPORTANT!!! Note how in this example, promises are made to Congress to get a treaty ratified and then the bureaucrats ignore those promises!
The FDA made it very clear that the wishes of the UN and WTO supercede US law.
The promises made at the time of ratification:
The ULTIMATE QUESTION: Is the United States of America a sovereign nation or are we just a vassal state within the United Nations kowtowing to their wishes and paying tribute?
Pascal Lamy has made it quite clear that the decision to rid the world of “Westphalian, sacrosanct principle of sovereignty” was made back in the 1930s. He also makes it clear that the European Union was a trial run for the new form of government where ‘EU law has primacy of over national law.’
Pascal Lamy is no light weight academic spouting off. Lamy served for two consecutive terms as General Director- of the World Trade Organization (WTO). Before that he was Chief of Staff for the President of the European Commission, Jacques Delors. Delors is now backing Lamy to succeed José Manuel Barroso as the head of the EU. Lamy is a member of the French Socialist Party.
I strongly suggest you read what lamy has written because he is as candid about the planned future as George Bernard Shaw was. (google: “The Real George Bernard Shaw” westside … If you have a strong stomach.)
Here are a couple of articles with the above quotes.
(wwwDOT)theglobalist.com/pascal-lamy-whither-globalization/
(wwwDOT)wto.org/english/news_e/sppl_e/sppl220_e.htm
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To add to what I wrote above. A bit about the big picture.
First large corporations are international and they have ZERO national loyalty. That is why having them control election outcomes is so dangerous.
Second because national laws differ, giving corporate legal departments a real headache, and crossing borders are a real pain in the rump, international corporations want all national laws ‘Harmonized’ and national borders removed.
Third — the method used to force nations into doing the bidding of the WTO and UN is INTERDEPENDENCE. If you do not do as the UN or WTO wishes trade sanctions can be applied to force you into line. If your food supply or oil supply is imported you are SOL.
******
INTERDEPENDENCE is a major key in forcing Global Governance onto sovereign nations and has been one of Al Gore’s goals for a long long time. This comes from the Ag Journal, Billings, Montana. (My Ag agent was at the ceremony and was ranting about this at the Ag Extension office to the other agents when I walked in.)
At one point many years ago, I had the description of how the division was going to be. China and India got the manufacturing, the third world got agriculture and the USA was supposed to be providing technical expertise IIRC.
Remember both the USA and Australia and to some extent Canada have the ability to be completely self sufficient. This is very very dangerous to the plans of the Globalists. The War on Coal is all about shifting manufacturing OUT of these countries so they become INTERDEPENDENT.
In October 1998, then Vice-President Al Gore proposed a Digital Declaration of Interdependence.
The real bug in the ointment is China. She has been gobbling up farmland in Africa and South America. Amassing gold and has recently started kicking her western ‘advisors’ out. I doubt she is interested in becoming a vassal state of the UN unless she has complete control of the UN.
Interdependence Day 2015
(Al Gore was one of the Keynote speakers and organizers but all trace of that has been removed from the net and Wayback Machine.)
Interdependence has even made it into the school room at a young age in order to stifle ideas of Independence.
Lesson Plan — Web of Interdependence — Grades: 3–5
(wwwDOT)scholastic.com/teachers/lesson-plan/web-interdependence
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That is only true if the Republican isn’t Jeb the Twig. The Dog & Pony show for the masses was set-up to be a run-off between the Hitlery Beast and Jeb the Twig. There is ZERO difference between the two except how fast they will sell out the country.
Donald Trump put a bit of a twist in the elites plans on that one but I am sure the will get rid of him one way or the other just like they got rid of Dr Ron Paul.
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And anyone who assumes it should different doesn’t understand doing business. The legitimate objective of business is to make money for the business owners and if schmoozing with a president gone off the rails or jumping on the climate change train looks like it will help, then that’s what they will do.
And so would I. If the country is too ignorant to recognize what’s happening or too careless to keep track of it then is it business that’s to blame or the ultimate watchdogs, you and me?
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Quite so. As a shareholder in BP and Shell, I am proud of their greenwash efforts, plus their adroit positioning to take advantage of Green subsidies.
Their rising dividends are the only way I can make my share of the proceeds from the climate scam.
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So you would also have zero trouble having stock in a company like ConAgra? After all ConAgra’s business plan is identical to Shell & BP.
Capture the government lawmaking and regulatory process. Capture the bureaucracy that does enforcement and make sure the competitor takes the hit and not you when people die. Even go the extra mile and point to the deaths you are responsible for and demand the passage of more laws that benefit you and further reduce the safety of the consumer but puts more competitors out of business.
If that is the business as usual plan, then why in Hades do we HAVE governments in the first place? Looks like Murray Rothbard was right.
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To keep the playing field level for everyone, not to protect people from their own ignorance or bad judgement. Protecting people from all their mistakes has long been proven to be impossible. So I think we have a fundamental difference of opinion about government. Government can only go so far. Think about my comment to Rick Bradford below — anything government does can end up benefiting some and hurting others. The law of unintended consequences is always hiding in the wings waiting to strike. The less the governing and the more accurately it can be aimed to be advantageous to everyone, the better for all.
I reject the blanket hypothesis by Rothbard that states are, by nature, criminal.
As to whether taxation is a theft, it depends on the purpose for which the tax is levied and whether it’s actually used for the specified purpose. We suffer right now from both just and unjust use of our tax dollars, so at least on this issue we have some agreement.
This is an unpopular position but the real problem is a moral and ethical one in my view. And we suffer greatly from having thrown God out of our society, thereby allowing an anything goes substitute to take over. And government will never make up for that. Never!
It was bad enough when we acknowledged a responsibility to something or someone of higher authority than ourselves. But the grand experiment in rejection of that higher authority has made it much worse.
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Rick,
You reminded me that in spite of my very thorough dislike for anything tobacco, I have tobacco company stock in my portfolio.
I figure it this way — everyone knows or has had ample opportunity to know that tobacco is a long term sentence to an unpleasant death. Yet people start the habit, get addicted and then many will not or cannot muster up the discipline or even the desire to quit. If they voluntarily spend their money on such a product (and they do since that first puff is an intentional conscious decision), why should I be foolish enough to refuse the opportunity to put some of that money in my pocket.
This is exactly the way the world works. What harms one man benefits another or vice versa. And the two extremes have been competing with each other since the dawn of life on this planet.
I simply got tired of trying to pretend it isn’t this way. The whole objective in life is to make use of the people and things around you, resources you must exploit to keep going, while avoiding being hurt in the process.
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I really surprised that the 99% are so willing to support the 1%.
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If only we could generate electricity from all that hypocrisy…
20
‘Nice reward for the obedient?’
Crony capitalism is not illegal, but without a shadow of doubt its a disgusting look.
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Apple building another 20MW facility should just be enough to power one of Al Gore’s homes. I suppose being on Apple’s board has its perks.
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“Crony capitalism is not illegal….”M
Of Course it is not illegal. After all the Corporations wrote the laws that allow ‘Crony capitalism’ to exist in the first place and run the newspapers that produce the propaganda they fed voters so they vote for the politicians that will put the laws in place.
Actually ‘Crony capitalism’ is not Capitalism it is Third Way Socialism Corporations in fact hate real capitalism and that is why they have been removing it via laws, regulations and treaties.
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There is a good possibility of a minor crash/`correction’ in or around September/October 2017. It will be followed by an eighteen month recession. It’s a reasonable probability based on present behaviours and how nothing was learned from the 2008 crash. In fact, we hasten to repeat it. 🙁
There will most likely be a bigger one of a similar order of magnitude to 2008’s, or larger, towards the end of 2026 (September or October). It could be a year, or even two, earlier depending on just how much has been poured down the “renewables,” “sustainability” maws, and especially how many and how large the “Carbon Trading” schemes are. The more of these in existence, the bigger and more disastrous the implosion will be. China has obviously worked out just how much it can cream off the top by its talk of establishing its own one. Want aid from China? Then divest yourself of your wealth (and sanity) through “buying” Carbon Credits from it.
I’m strongly reminded of Spike Milligan’s words:
I’m wondering if Goldman Sachs will survive. $40billion will leave a pretty large crater when it evaporates. I’m wondering just how many of those 81 (and counting) will survive beyond 2027, which, if I’m right, will lead into a pretty deep recession.
There’s all the coming Climate Change of increasingly colder winters, which won’t be `predicted,’ (or is it `prophesised’?) by the models, to add to the financial pain. Even if the sun pauses at a repeat of the Dalton Minimum and doesn’t drop into a new Maunder Minimum, as some of the astronomers are projecting, the world’s agriculture will still take a hit. It’s starting to look like the closing decades of the Medieval era, the end of the Cathedral Building as the agricultural surplus of the times evaporated in the Wolf Minimum.
I gave my Lazyboy a grease and oil change a couple of years ago. Time to do it again; I’m well stocked up with popcorn. The next decade is going to be interesting. It won’t be fun, but it will be interesting. We seem to have learned only two things form history:
1. History repeats
2. What history teaches only lasts one generation.
The assumed lesson which will probably never be learned from, is:
Whatever stuffed up the previous iteration has to be done again, more furiously and with more effort and much bigger, so it doesn’t go wrong again. (It was all the `deniers’ who wrecked it!)
Enjoy!
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“I’m wondering if Goldman Sachs will survive”. It does not matter whether the investment is any good. They are bookmakers, not punters. Merchant Banks always survive. A big percentage on the way in and the way out, both winners. From the Medicis to the Rothschilds, the merchant bankers never lose, whoever wins. Speak to the Swiss. If Goldman Sachs can see investments, that is all they do. Do they think the investments will pay off? They are placing bets for others, not making them.
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TdeF said:
Not so. Lehman Brothers was one of the biggest and it failed in 2008. They were, then, bigger than Goldman Sachs. Some, like JP Morgan’s, have either been very careful, very shrewd or just plain lucky.
Merrill Lynch, the Alma Mater of NZ’s Prime Misnister, AIG, HBOS, Royal Bank of Scotland, Bradford & Bingley, Fortis, Hypo, Freddie Mac, Fannie Mae, and Alliance & Leicester all came within a thickness of a dollar bill of going belly up, and had to be rescued.
US law does not specically define Merchant Banking. The law has tried to control banks forays into the private equity trading market since the 1930s. But all, conventional or otherwise, banks can engage in such trading, so effectively all US banks are also Merchant Banks.
Law differs around the world and we just don’t hear about many of the failures. Almost all the Merchant Banks in NZ failed. I haven’t looked for Australian figures but I would guess the attrition there was subsstantial, too. Looking back at the US we see a business landscape littered with carcasses over the years.
The Federal Deposit Insurance Corporation (FDIC) closed 465 failed banks from 2008 to 2012. In the five years preceding 2008, there were only 10 bank failures. The Savings & Loan disaster was a slow motion crash, stretching from the early 1980s into the mid-1990s. Over that time, FDIC records show 2,900 institutions failed.
So I disagree with you. Merchant Banking, while attractive because of its high profitability, is highly risky and failure is not uncommon.
This list holds oer 75 of the largest US Bank failures.
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oops, bad typo: in psrs 3: specically should read specifically but then you bright boys ‘n gals all knew that.
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Alcoa are committed to renewable energy? Good luck trying to run an aluminium plant on solar and wind power.
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no longer is it “climate change is a civil rights issue” or “climate change denial is akin to racism”.
***we’re getting closer to the truth.
19 Oct: Reuters: Alister Doyle: South Africa likens ***DRAFT climate deal to apartheid
(Additional reporting by Tatiana Jancarikova; Editing by Janet Lawrence)
BONN, Germany (Reuters) – South Africa on Monday criticized a draft United Nations accord on fighting climate change as a form of “apartheid” against developing nations…
“It is just like apartheid,” Nozipho Joyce Mxakato-Diseko, South Africa’s delegate who speaks on behalf of the main grouping of more than 130 developing nations and China, told the meeting.
“We find ourselves in a position where in essence we are disenfranchised,” she said, saying views of the poor had been ignored…
Developing countries said the draft, drawn up by two senior diplomats, favored rich nations…
U.S. delegation leader Trigg Talley said the new text could work as a basis for talks. “This document has many things that most parties cannot agree with,” he said. Rich nations want to ensure that emerging economies will commit to act…
Christiana Figueres, the U.N.’s climate chief, expressed confidence the talks were on track for a deal at the Nov. 30-Dec. 11 summit in France…
U.N. Secretary General Ban Ki-moon urged negotiators to drop narrow national interests.
“There is no time to waste,” he told a news conference in Slovakia. “It has been quite frustrating to see negotiators negotiating only based on their very narrow national perspectives. This is not a national issue, it’s a global issue.”
http://news.yahoo.com/south-africa-likens-draft-climate-deal-apartheid-153717199.html
just one more step and the truth will out – CAGW itself is a scam.
71
… and she’s right. It’s got nothing to do with the poor except that it is their duty to shut up and make the rich richer.
The Meeting of The Parasites at the end of this year is not about klimate, nor about klimate change, it’s all about economics. Given the state of modern economics as a political dogma and not a political science, then it’s not looking good for anyone who is not rich, and that includes countries.
70
It is now clear that the Turnbull Coalition Government will sign the Paris Agreement;
http://michaelsmithnews.typepad.com/.a/6a0177444b0c2e970d01bb0884499f970d-pi
42
Yes. There will be some “agreement” that everyone signs. The question that matters is what will that agreement end up saying?
The second question is whether Australians will get a choice through Parliament to ratify it (or not).
80
As with Obamacare and now the Transpacific Trade Agreement, we will have to pass it tp see what’s in it. Is “punter” an OZ word for “rat bastard”?
40
There are new rules for the the summit:
1. Every country can set it’s own goals.
2. No consequeces, if the goals are not reached.
So they will bath in the spirit of the meeting and rejoice, and go home to their business as usual…
50
Hope your right , but I doubt it , even though all it would take is a well placed spanner in the works ……But with Abbott and now Canada’s Harper conveniently gone just shy of the December Paris Grand Marxists’ Climate Hajj……there is definitely need for concern !
The whole thing is a Global Eurozone waiting to happen and just as destructive ……Marxism by the back door , under the guise of ‘save the planet’ propaganda !!!
60
Egor The One
Don’t forget this which was put out recently
http://www.euractiv.com/sections/climate-environment/sanctions-and-punishment-barred-cop21-vocabulary-318407
I understand what you’re saying and I’ll “believe it when I see it” but I still think nothing much of substance will actually appear in the agreement.
20
We already know that propaganda is used on voters to make them see what those in power want them to see. Redefining words has been a classic method.
That “‘Sanctions’ and ‘punishment’ barred from COP21 vocabulary” could means just a language change to lull the Lemmings before the Great Leap Forward.
Seems to me that “Peer pressure” could easily be redefined as ‘Sanctions’ Just like the UN Framework Convention on Climate Change redefined “Climate Change” in there official definition.
Also once an agreement is reached and legally binding, the sanctions can come later. That is the typical method used in getting unpopular laws passed in the USA. Compromise now while the voters are watching and do one liner changes later when the voters back is turned to get through all the stuff they were protesting about.
00
Then nothing has changed.
The original Kyoto Protocol enshrined that the non Developed Countries (almost 190 of them back then in 1997) needed to do nothing other than report their emissions.
See now just one of the (many) reasons why those Countries did not want anything more onerous than that added in their bid to replace Kyoto.
Tony.
40
If TURNCOAT TURNBULL signs Australia for any global warming BS in Paris the National Party must tear up the Coalition Agreement.
He signed a deal with them that he would not alter any of Tony Abbotts policies re global warming !
He is a dead man walking if he ignores this !!!!!!!!
91
I don’t know how but we need to stir up the electorate to flood liberal hq with phone calls if Turnbull tries to pull a swifty like last time when he almost ratified rudds ets, lib members need to be afraid for their jobs. This will be Turnbull weakest moment and he will know what it means.
There is no doubt Turnbull remembers that night!
20
Meanwhile the non OECD countries will emit over 90% of new co2 emissions until 2040, so it’s all BS anyway.
That’s only if you believe that co2 is the major driver of climate change.
80
Recognizing the challenge climate change poses to the security and livelihoods of all, the United States and Australia reiterated their resolve to work toward an ambitious climate agreement at the Conference of Parties to the United Nations Framework on Climate Change in Paris later in 2015.
30
Climate has always changed…naturally. The last change is it stopped warming. The next change is prolonged cooling.
Engineering science demonstrates CO2 has no effect on climate. Identification of the two factors that do cause reported average global temperature change (sunspot number is the only independent variable) are at http://agwunveiled.blogspot.com (now with 5-year running-average smoothing of measured average global temperature (AGT), the near-perfect explanation of AGT since before 1900; R^2 = 0.97+).
Observation that CO2 has no effect on climate is also documented in a peer reviewed paper at Energy & Environment, Volume 26, No. 5, 2015, 841-845.
60
ELECTION NOW !!!!!
10
Angry, before Turnbull replaced Abbott it was unlikely that Labor could win enough seats in 2016 to form government. Remember Rudd in 2007, Labor won a lot of seats but too many were marginal and likely to be lost in 2010, as took place in 2010. In 2013 the Abbott Liberal & National Coalition won an historical landslide victory and quite a few marginal seats that probably will be lost in 2016.
At the recent Canning by-election the Coalition’s candidate Andrew Hastie won the seat after a loss of votes compared to 2013 and won comfortably. After substantial election victories it is usual for the next election to result in losses. But as with Canning the Coalition should retain more than enough seats to retain government in 2016.
An election now would serve to hand the PM more power within the Coalition ranks.
No wonder he and his rebel MPs were anxious to make a move before the Canning by-election result was known.
40
I believe that Turncoat Turnbull will be punished by Coalition supporters at the next election, who have been betrayed by the Liberal party replacing Abbott with a Far Left Labor Party stooge……
10
As past Liberal voters, we must make absolutely sure that Turnbull is NEVER elected PM.
00
Crony capitalism: the fascist-socialist form of economic production.
90
fascist-socialist is an oxymoron, or a contradiction in terms.
23
How do you figure? Fascism coexisted seamlessly with socialism under the Nazis – indeed, fascism is effectively a necessary precondition to enforce socialism. It is almost indistinguishable from what Lenin implemented – the argument between different nuances of socialism akin to arguing about angels dancing on the heads of pins.
20
“fascist-socialist is an oxymoron, or a contradiction in terms.”
No it is not. E.M. Smith explains that because Hitler gave a bad name to fascism it was relabeled “The Third Way” which is strongly supported by Fabian founded London School of Economics Director Anthony Giddens (1997–2003), Tony Blair -UK ex Prime Minister and Bill Clinton, Ex US President. LINK
Here is a video of the Fabian Society Co-founder George Bernard Shaw praising such.
https://www.youtube.com/watch?v=hQvsf2MUKRQ
10
No it is not.
My full comment got tossed into moderation so I will try just provide the links.
Description: http://www.econlib.org/library/Enc1/Fascism.html
E.M. Smith explains (He has a degree in economics and you are talking economic systems.)
London School of Economics Director Anthony Giddens (1997–2003), Tony Blair -UK ex Prime Minister and Bill Clinton, Ex US President in favor of “The Third Way”
http://www.economist.com/node/165553
10
81 companies give “me too” cheer on climate.
We’re Saved!
Celebrate by watching Al Gore sing “Ball of Fire“!
40
The brutal reality is that if these turkeys all get on board and some sort of deal is done where there is a shipload of subsidy money flowing about, as demanded by certain ‘developing countries’, these corporate grubs will be licenced to set up toll booths along all the subsidy routes and will make a motza. That’s just realpolitik and big business getting together for mutual benefit.
Its a bit like religion. Once big warlord/thuglord/slumlord/moneylord gets the angles worked out they are ‘true believers’ and get in on it big time. The Roman Catholics have done it rather well for a very, very long time and Islam does a nice line although without the polish these days.
Correction, its not ‘like’ religion it IS religion. Corporatised religion.
By way of analogy and comparison, the wannabe Emperor Constantine says he had a vision of “A cross centred on the Sun” just prior to the battle at the Milvian Bridge against his rival Maxentius. The Christians at the time were considered more an evepresent pest at the time but there was an a awareness of them. Constantine was not a Christian. He did see an opportunity to mess with the heads of Maxentius’s army, twice the size of his own, and had his men mark their shields with the Chi Rho symbol representing Christ and resonating with his vision (which was probably a “Sun Dog”). Roman soldiers were very superstitious and he was messing with the heads of his opponent’s army, nothing more it seems to me.
It worked a treat. That’s realpolitik.
40
“Recognizing the challenge climate change poses to the security and livelihoods of all, the United States and Australia reiterated their resolve to work toward an ambitious climate agreement at the Conference of Parties to the United Nations Framework on Climate Change in Paris later in 2015.”
Julie Bishop at it again, with Marise Payne.
10
Just as a matter of interest, this sort of thing happens when electricity bills get too much.
“A Sydney family has been treated at hospital for carbon monoxide poisoning after they went to sleep around an open charcoal burner in their living room, a situation firefighters described as a “recipe for disaster”.”
Not the only ones, unfortunately. How much of the rises in electricity tariffs are related to “green initiatives” such as Carbon Taxes, Government subsidies to harebrained enterprise, pointless “climate change” bodies, and all the rest of the leeches sucking the coffers dry – all in our best interest of course, we’re just too thick to be grateful!
Don’t worry about the dead, they were obviously poor, so they couldn’t contribute much anyway, not like you or I!
Cheers (I think).
101
If these companies were serious about the risk of climate change they would cease their profligate ways and close down the energy intensive manufacture of their products.
40
In Paris the warmist convention,
Will call for ‘collective attention’,
On a new global deal,
That the warming is real,
But the cooling they won’t even mention.
120
To supply the equivalent of 24/7 electricity one is looking at approx. 50 ha./MW for wind energy and 10 ha./MW for Solar. This is a very large amount of land required for renewable electricity production. The largest windfarm in Aust. is Macarthur, 5500ha. for 420MW ( 140 x 3MW turbines), but they only operate a quarter of the time! To achieve the Coalition’s target of 23% renewable energy by 2020 one is looking at 1900 x 4 MW units and 160,000 ha. of land. This a lot of capital and land to replace a couple of 1000MW 24/7 power stations, and of course one needs back-up when there isn’t enough wind, about 3/4 of the time. For what?
50
Yes, but no matter how many thousands of windmills are installed they still can’t provide base load because Australia is subject to large scale weather systems and no matter how wide their geographical distribution, the wind tends to blow, or not blow at the same time.
50
read all:
18 Oct: nofrakkingconsensus: The Preposterous Green Institute and the IPCC
The man now in charge at the IPCC belongs to a privileged, protected, secretive entity headed by the UN’s former top climate official.
http://nofrakkingconsensus.com/2015/10/18/the-preposterous-green-institute-and-the-ipcc/
19 Oct: Climate Depot: Marc Morano: Warmist Prof. Alice Bows-Larkin calls for ‘planned recessions’ to fight ‘global warming’: ‘Economic growth needs to be exchanged’ for ‘planned austerity’ – ‘Whole system change’
http://www.climatedepot.com/2015/10/19/warmist-prof-alice-bows-larkin-calls-for-planned-recessions-to-fight-global-warming-economic-growth-needs-to-be-exchanged-for-planned-austerity-whole-system-change/
40
97% BoM Fail
On the day Dungog remembers 6 months after deadly floods, unpredicted by BoM El Niño predictions, the BoM releases exactly the same failed 2014 climate predictions of El Niño doomsday drought (no floods) for 2016.
. . .
Prepare for the opposite of the BoM’s failed carbon(sic) influenced hell burning doomsday hallucinations.
Of course, unless you pay a carbon(sic) tax …
50
no “pathway” emerging at all, but rather “I think you can honestly say there is a politically credible pathway to the $100 billion” (says World Bank’s Rachel Kyte, who has a cute Heineken quote as well!)
read all:
20 Oct: ClimateChangeNews: Ed King: Pathway to $100bn emerging ahead of Paris climate summit
Cash demands from developing countries reinserted into text during UN talks in Bonn, as World Bank official hails progress
The world’s richest countries are back on the hook.
For a few balmy weeks in October a proposed draft UN deal offered a chance they might not have to fork out billons to help developing countries climate-proof their economies.
They were disabused of that notion at 4am on Tuesday morning, when a new pumped-up text emerged, the result of a negotiations blow-out on Monday in Bonn, home to a week of UN talks.
A section detailing what assistance poorer countries will require to invest in green energy and protect communities against climate impacts had swelled from 12 paragraphs to 2.5 pages…
One new addition to the text under debate in Bonn stipulates that 50% of all funding flows should be for adaptation [page 12, paragraph 6bis].
This is a red line demand for climate vulnerable countries, said Kowalzig, explaining they “need some confidence that will actually happen.”…
The overnight inclusion of a global goal for adaptation [page 9, para 1] in the text could also help…
Amid the maelstrom of Bonn and twitter rage from NGOs banned from private government talks, signs of compromise are emerging…
“Now the question is how do you ensure that money is flowing where it is needed… are all the channels of finance – like the Heineken advert – getting it to where it is needed?” said “World Bank’s Rachel) Kyte…
http://www.climatechangenews.com/2015/10/20/pathway-to-100bn-emerging-ahead-of-paris-climate-summit/
20
Good old GE, eh!
Just like the casinos, the house always wins.
When you play both sides of the fence, you’re always on a win-win.
You would think that with fossil fuels becoming the pariah they are made out to be, that business in constructing equipment for fossil fuel power generation would be, umm, failing.
Well, not really. In fact it’s actually booming.
And good old GE are at the forefront of that fossil fuel equipment manufacturing business, in fact, the Industry Leader in that business.
Look at this link.
Scroll down a little and read the short description text under the image there.
See that image. Well, that’s a GE 9HA turbine, capable of driving a 510MW generator, umm, just the ONE generator.
The equivalent wind power to get that same nameplate would be between 150 and 200 Wind Towers, a very large scale wind plant, costing around $2.2 Billion PLUS.
With those wind towers, the power delivered would equate to the equivalent of around 150MW.
With the turbine shown at the image, turn it on, pump in the Natural Gas, and viola 100% power delivery of ALL 510MW.
Real commitment from GE would be the, umm, moral decision to stop manufacturing fossil fuel equipment, but hey, when there’s so much money to be made, why would anyone in their right mind even consider that decision for longer than say, a microsecond!
Tony.
120
Tony
Another very clear and relevant message.
It costs.
Us.
KK
50
The Macarthur windfarm is 5,500 ha. for 420 MW, (140 x 3 KW), but only operates a quarter of the time so one needs five of these farms to make the equivalent of the GE 510 MW gas turbine. So that’s 27,500 ha. of windfarm to do the same thing, but when all these windfarms are idle, which happens regularly even if the farms are in different weather zones, you still need the GE turbine as back-up anyhow! Why go to the incredible cost of the windfarms and enormous amount of land and just opt for the gas turbine as you only need a couple of hectares and you can put it close to the end user saving a fortune in transmission loss?
In about 1963 when Tasmania ran out of water and didn’t have much Hydro electricity, the HEC put in a gas turbine at Self’s Point at the oil wharf in Hobart and moored a diesel electric ship at Bell Bay for the Comalco aluminium refinery; also brought in daylight saving to reduce power consumption. Aren’t we heading back to this by shutting down the coal stations and going renewable. Labor’s goal is 50% renewable by 2030, remember?
10
“Prediction is very difficult, especially if it’s about the future.”
Niels Bohr, [ a famous 1930’s physicist;]
——————–
Over and over and over again I see much wailing and weeping and gnashing of teeth on the numerous internet blogs over the purported conspiracies of innumerable politically and financially powerful individuals and groups who are supposedly implementing conspiratal programs to take over and dominate a large part of mankind a long with the World’s nations.
In my 77 years plus the history I read I have regularly and invariably come across the exactly same type of beliefs and thinking that has been existent down through the ages.
No doubt as the early peoples of a few hundred thousand years a ago sat around their camp fires in their small groups, the same type of carefully muted discussion about the political machinations of the alpha males and females were taking place as well amongst the lesser individuals of the tribal groupings.
So why are these claims of conspiracies and purported conspiracies of the powerful elite to seize power and influence and exercise control over vast parts of mankind and his nations so on going?
The answer is very simple!
None of those seizures of power and control have existed and continued for very long.
And thats assuming that those attempts at seizing control and power succeeded in the first case.
In greatest number of those attempts to seize and to force or manipulate their way to being the dominant controlling power, the perpetrators of those attempts failed in their ultimate aims in any case, often with following drastic consequences for those same perpetrators.
In modern history we only have to look at the utter arrogance and hubris of the European colonial powers of the late 19th century when they sat down at the Berlin conference in 1884-1885 to divide up the immense continent of Africa and its peoples into their own zones of power and influence.
No Africans were present or represented at that Conference.
The dominance of the European colonial powers over African affairs and its peoples lasted a european lifetime, just some 65 years until the early 1950’s.
Communism , an ideology that according to the communist theoreticians Marx and Engels was going to dominate mankind in the centuries ahead, lasted from the local Soviets of 1917 to 1991, a period of 75 years before it too collapsed.
The power base of the National Socialism ideology of post WW1 Germany where the aryan nations were going to dominate the future world lasted from 1932 to 1945.
We have seen a number of major financial crashes over the last century and quarter.
If the conspirital bankers and the ruthless big financiers were all so far seeing and so seer like in their abilities to predict the future and organise the world of finance and politics to their own major advantage none of these major financial crashes would have occurred nor would they continue to occur.
Politicians with constant and often exclusive access to what is purported to be the very best and most expert advice in the world are constantly rearranging innumerable legislative acts to take account of ever changing and ultimately unpredictable situations created by their own and their consulting experts complete lack of foresight as to the future and the events it might hold and the way in which the future unfolds.
A lot of that political effort is put into increasing and upholding their own power base only for that same power base to come crashing down when unexpected and unforeseen events occur somewhere, some time that changes the entire circumstance s on which the political power base was established.
People, groups and individuals as always down through the Ages of Man will continue to scheme and plan to gain power, influence and wealth.
But in the end it will be for nought as they too have a lifetime that is no more than any other human being.
They too like every single one of us, came into the world naked and naked of fortune, power and fame they too will depart into the regions beyond the grave.
How much better is it for each of us to be remembered, however briefly, with a tear in the eye and a smile on the face by our friends than to pass from this world with much public lamentation but a good riddance and a sneer from behind the hands of the faceless mourners.
130
ROM,
Hear, hear!
Cheers.
40
Well said, ROM. And this I say as a somehow green German sceptic.
30
19 Oct: Business Green: Richard Black: UN climate talks: Seeking simplicity in a complex land
The arguments may sound familiar but Richard Black finds climate talks have matured since he last attended three years ago
It’s not exactly like re-discovering a schooldays sweetheart on Friends Reunited, but nevertheless my first dive into UN climate convention negotiations after three years generated questions that I guess are similar.
Will I still recognise the process? What changes might time have wrought? Will the strange attraction that kept us together during the seven or eight years I spent up close and personal with the process while at the BBC have vanished in smoke?…
How short, how simple?
Everyone agrees that if a deal is to be concluded at the Paris summit, the text that governments will negotiate there needs to be as short and simple as possible.
But the shorter and simpler it is, the more it leaves out…
And it didn’t help that the co-chair leading the negotiations comes from the US, traditionally the bete noire of climate-vulnerable nations and environment campaigners alike…
And the key unknown, halfway through the first afternoon, is whether they collectively submit 20 or 2,000 added paragraphs…
Even deployment by South Africa’s lead negotiator Nozipho Mxakato-Diseko of an emotive “apartheid” metaphor to describe the treatment she felt was being meted out to developing countries aroused no scandal…
The feeling that we’re approaching the end-game is palpable…
http://www.businessgreen.com/bg/opinion/2431072/un-climate-talks-seeking-simplicity-in-a-complex-land
20
20 Oct: Business Green: Madeleine Cuff: UN expands climate text in bid to placate developing nations
Fresh draft of the negotiating text, released in the early hours of this morning, revives discarded elements following fractious first day of negotiations in Bonn
UN officials in Bonn have unveiled a fresh 34-page negotiating text for an international climate change deal…
Negotiators gathering for the last round of preliminary talks in Bonn, Germany were forced to postpone the official schedule yesterday to allow a number of “surgical insertions” of key commitments from developing nations, notably the G77 plus China and the Africa bloc of nations…
Writing exclusively for BusinessGreen yesterday, Richard Black, director of the Energy and Climate Intelligence Unit, said that despite the re-expansion of the text, there is still a willingness among countries to recognise that not every special claim needs inclusion and debate…
http://www.businessgreen.com/bg/news/2431181/un-expands-climate-text-in-bid-to-placate-developing-nations
30
novel length:
20 Oct: Climate Central: John Upton: Part 1 of 3: Pulp Fiction: The European Accounting Error That’s Warming the Planet
As the world tries to shift away from fossil fuels, the energy industry is turning to what seems to be an endless supply of renewable energy: wood. In England and across Europe, wood has become the renewable of choice, with forests — many of them in the U.S. — being razed to help feed surging demand. But as this five-month Climate Central investigation reveals, renewable energy doesn’t necessarily mean clean energy. Burning trees as fuel in power plants is heating the atmosphere more quickly than coal.
Climate Central reporter John Upton traveled to England and through the U.S. Southeast to investigate both ends of the global trade in wood pellets, interviewing scientists, politicians, policy makers, activists, workers and industry leaders…
http://reports.climatecentral.org/pulp-fiction/1/
30
Climate is technically cyclical. These cycles exist independently of any fundamental effects on these cycles such as co2, sunspots etc, etc. Fundaments like the later are limited to effecting the magnitude of sub parts or fractal parts of lower scales of these technical cycles of climate resulting in temporary distortions only of the weather cycles.
Given the relatively tiny proportion of co2 in the Earth’s atmosphere it is glaringly obvious that co2 does not act as a significant fundamental effecting the weather on Earth. It can not and does not have any noticeable contribution to a global glass house effect on Earth. This is in stark comparison to say Venus where the percentage of co2 in the atmosphere is very high and there is a glass house effect from the high proportion of co2 present in the atmosphere of Venus.
Human civilisation progress is also technically cyclical. There are technical ups and downs over the years and eras. Since the 2nd world war there has been a great leap forward or growth part of the human civilisation cycle. There has been much advancement in living standards, innovative technology, food production and relative peace over these years. However inevitably the advance of civilisation will go into a temporary period of technical cyclical correction, before it resumes its onward advance. This is the story of human existence so far.
It could be argued that we have entered such a correction in world advancement in very recent times. If the fundament effects of those things that distort the technical cycles are mild then this correction does not have to be severe, although this is not assured. The effect of these fundaments on the magnitude of our cycles of progress is always unpredictable as to their severity. Also in such a correction there are negative symptoms caused in turn. For example, inefficiencies in production including food production, a drop off in technological development and increases in conflict and warfare, are a feature of corrections in human advancement. The later results can become part of a feedback loop by becoming part of the fundamental effects on the technical cyclical waves themselves.
There definitely are signs around at the moment that point to us having entered a correction in our general advancement. Apart from the obvious increase in regional conflicts and displaced populations there are ideologies gaining strength that attack the aspirations of increased production, especially of energy, and that sap the productivity of society. Some aspects of socialism for example also appear to attack the sorts of individual and group aspirations that spur the achievement and advancement of civilisation.
The co2 warmist theory is another glaring example of this. Based on the ‘greenhouse’ falsity mentioned above, billions worth of productivity are being diverted to inefficient and unneeded technologies such as wind farms etc. at the expense of say food production or other more essential outlays. In years to come these windmills will be seen standing idle around the countryside, a curiosity for our descendants just like the old abandoned Dutch windmills from hundreds of years ago are today. Companies like GE support climate Change Theory because of the millions they reap from these projects.
We have to go through our correction. The climate change movement and its activities are making it worse. Lets make it more manageable by recognising these dynamics and doing everything in our power to limit those fundamentals like this one that are making our correction worse. And by the way, some corrections have sub fractal waves that run up in the same direction as the previous growth part of the cycle. Lets keep our fingers crossed that we see this happen this time. Bring genuine scientific method back into climate science practice.
50
Concerning Venus’s 96% atmospheric co2 >>> http://newandamazing.shadowsofadistantmoon.com/?tag=global-warming-on-venus
Also Mars has a co2 level of 95% !
Even though the Martian atmosphere in total is less than 1% of Earth’s , co2 level is still over 20 times that of Earth’s allowing for atmospheric density difference between the 2 planets ……..and yet no runaway warming on Mars !
And this sum compares all Earth’s 400ppmv co2 of which we are only responsible for 3% of this figure !
Venus’s high temp is explained from its very high pressure atmosphere mostly , and its proximity to the Sun partially , with its 96% co2 accounting for very little !
Just the fact that co2 has increased considerably but temp has not , puts an end to the co2 big bad industry fiasco !
The co2 (anti industry and wealth)Hypothesis is a Dud ,and should have been thrown out long ago ……..but has not because it can be and has been exploited to the max with a massive global propaganda campaign …….Herr Goebbels would be proud !
The whole climate fiasco is a global sham , tax grab , political agenda and multi trillion dollar money grab by criminal enterprise !
No matter what we do ,it is not going to make the slightest difference to a non threatening global temp, , but still we are forced to continue with this….. the greatest con in our entire history !
These junk policies ,if committed to will cause the death of more people world wide than our world wars have …….but that to is deliberate and part of the Malthusian Madness !
And even our conservative coalition is too weak to stand up to this lunacy and fraud in part thanks to having some True B’lvers of its own , in particular Hunt and Turnbull !
Even Abbott had to reluctantly go along with this garbage , of which this reluctance was what helped seal his loss as PM !
10
No warming for nearly 2 decades and still the medieval propaganda continues !
https://wattsupwiththat.files.wordpress.com/2015/09/clip_image002_thumb1.jpg?w=597&h=279
https://wattsupwiththat.files.wordpress.com/2015/09/clip_image024_thumb.jpg?w=603&h=427
http://arctic.atmos.uiuc.edu/cryosphere/arctic.sea.ice.interactive.html
http://arctic.atmos.uiuc.edu/cryosphere/antarctic.sea.ice.interactive.html
Many vested interests ( fraudsters ) manipulating for the final flog at the nearing Paris Marxists’ Hajj !
The death march towards the world economic cliff continues !
How are so many fleeced by so few ???
We have criminals determining how much to steal from the rest of us via climate omens !
https://www.youtube.com/watch?v=uGYXXRzKlTY
https://www.youtube.com/watch?v=fOygATEabIk
https://www.youtube.com/watch?v=m9bEOB3x0dQ
Part of the present and proposed thievery even admitted >>> https://lh5.googleusercontent.com/-AXhzg12yOI8/VIP_CPD2B9I/AAAAAAAAgac/c9dcHdYUnGU/w907-h587-no/endenhofer.png
30
19 Oct: WaPo: Martin Weil: The time has come: The growing season in the D.C. area is officially over
It was the freezing temperatures in most (if not all ) of the region that did it, the National Weather Service said.
In an announcement issued Monday afternoon, the local office of the weather service said a freeze “occurred this morning in the majority” of the Washington/Baltimore area…
Because only a small part of the region has not yet recorded freezing temperatures, the weather service announced that “the growing season for sensitive vegetation is now considered at an end” in the Baltimore/Washington region…
A record was set for daily low temperature at Baltimore Washington Marshall International Airport.
The mercury skidded to a low of 29 degrees there, breaking the old October 19th record of 30, which was set in 1976, almost 40 years ago…
https://www.washingtonpost.com/local/the-time-has-come-the-growing-season-in-the-dc-area-is-officially-over/2015/10/19/6a5bc6fe-76c1-11e5-a958-d889faf561dc_story.html
20 Oct: UK Telegraph: Sophie Jamieson: White Christmas predicted as temperatures fall across Britain
Bookmakers have slashed the odds on a white Christmas in the UK, with freezing weather on the way already
The Met Office is predicting snow in the Highlands of Scotland on Saturday with the rest of the UK about to turn much colder.
Temperatures will plunge this weekend with lows of -4C (25F) forecast in the north and 3C (37F) elsewhere…
In preparation for the cold winter, councils have been ordering in large quantities of salt and grit…
http://www.telegraph.co.uk/news/weather/11942514/White-Christmas-predicted-as-temperatures-fall-across-Britain.html
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Pat, we have had three days of below freezing minimum temperatures 200 miles SOUTH of Washington DC.
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21 Oct: 9News: AAP: Bjorn Lomborg offer no longer on table
The federal government has dropped its offer to spend $4 million on a research centre to be headed by climate change “contrarian” Bjorn Lomborg.
Education Minister Simon Birmingham said his predecessor Christopher Pyne made the decision in the last week of his tenure.
“A specific incentive for the government for such an institute is no longer available,” he told a Senate estimates hearing on Wednesday.
http://www.9news.com.au/national/2015/10/21/12/51/bjorn-lomborg-offer-no-longer-on-table
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Ahh the climate faithful will be cheering this one – here it is at the ABC:
http://www.abc.net.au/news/2015-10-21/govt-withdraws-funding-from-lomborg-centre/6873238
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‘Initially he was doubtful climate change was occurring and man-made.
‘Later he came to view climate change as real, but disagreed on the best way to approach the problem.’
——
He was cool and then became a lukewarmer, obviously doesn’t have a clue on the science.
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21 Oct: Australian: John Ross: Innovation award for chemical engineer
He is the embodiment of Turnbullian innovation, an applied theoretician whose new take on old technology has earned Australia an estimated $100 billion. Now he’s at it again with a new disruption to the global mining industry…
The work will today earn the University of Newcastle chemical engineer the newly minted Prime Minister’s Prize for Innovation. The award reflects Malcolm Turnbull’s vision of an “agile, innovative” Australia, after the new Prime Minister changed its name from the Prize for the Commercial Application of Science — a brainchild of predecessor Tony Abbott…
The Prime Minister’s Prize for Science is being awarded to Australian National University biophysicist Graeme Farquhar.
***His work to mathematically decode the process of photosynthesis has been used to produce more rain-efficient crops and to finetune climate change modelling.
Like Professor Jameson, his award carries a $250,000 prize purse…
http://www.theaustralian.com.au/higher-education/innovation-award-for-chemical-engineer/story-e6frgcjx-1227576940024
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***prize winner, Graham D. Farquhar.
June 2013: Joannenova: Arid regions of the world are 11% greener, mostly thanks to CO2
REFERENCE
Donohue, R.J, Michael L. Roderick, Tim R. McVicar, ***Graham D. Farquhar. (2013) CO2 fertilisation has increased maximum foliage cover across the globe’s warm, arid environments. Geophysical Research Letters, 2013; DOI: 10.1002/grl.50563
http://joannenova.com.au/2013/06/arid-regions-of-the-world-are-11-greener-thanks-to-co2/
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21 Oct: The Conversation: PM’s Prize for Science for revealing nature’s solar power
Tim Dean, Editor, The Conversation interviews Graham Farquhar
He is also interested in how plants are responding to climate change. In fact, he suggests that our carbon emissions have already changed agriculture.
“My reckoning is that if we could get rid of all the anthropogenic carbon dioxide emitted since the industrial revolution, then agricultural productivity would drop by 15%,” he says.
However, climate change also poses new challenges for plants and for agriculture, such as how the plants cope with higher temperatures and different rainfall patterns, which is also an area Graham is researching
As for receiving the award, Graham says is was something of a shock, for more than one reason.
“I was actually in Glasgow when the Chief Scientist Ian Chubb rang me at what should have a nice time of day, but it turned out to be half past three in the morning,” he says…
https://theconversation.com/pms-prize-for-science-for-revealing-natures-solar-power-49446
the usual ugliness from Readfearn:
19 Oct: Desmogblog: Graham Readfearn: Climate Science Denialist Matt Ridley Criticised By Same Scientist He Sourced On Greening Planet Claims
A scientist whose research has been used by prominent climate science denialists Lord Matt Ridley and Rupert Murdoch to claim carbon dioxide is good for the planet has hit back at the “selective presentation” of his work…
In an article published in the Murdoch-owned The Times and reproduced in Murdoch’s The Australian, Ridley said 30 years of satellite data showed plant growth had risen by 14 per cent across the world.
I asked Lord Ridley on Twitter about the source for his satellite data and he pointed me to a 2013 presentation by Professor Myneni.
Myneni told DeSmog the presentation Lord Ridley had cited had not been peer reviewed and was “work in progress” but hoped it would appear as two scientific articles, one of which was in review at the journal Nature Climate Change.
He said his analysis of satellite data covering the last 30 years did show a 13 to 14 per cent increase in vegetation growth. He said some of this could be attributed to increased levels of carbon dioxide, but changes in the way land was management was also a factor…
Ridley, who earns undisclosed but likely substantial money from coal mining on his family’s estate, also cited Myneni’s work in an October 2013 story in The Spectator.
Ridley’s article in The Times also promoted a report written by Dr Indur Goklany and published by the climate science denialist lobby group the Global Warming Policy Foundation…ETC
http://www.desmogblog.com/2015/10/19/climate-science-denialist-matt-ridley-criticised-scientist-he-sourced-claims-about-greening-planet
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81 Traitors to their fellow man…………..
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The ABC reports the Climate Council as saying battery storage technology will make solar-storage solutions cost competitive this decade:
http://www.abc.net.au/news/2015-10-21/home-battery-storage-to-revolutionise-solar-industry/6870444
Funny how these technolgoies are always “just a few years away.”
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Just more BS from the ABC (Australian BRAINWASHING COMMISSION).
They have Zero Credibility and must be privatized asap…..
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Yes ‘Angry’ , I agree !
“the Australian Brainwashing Commission ” , not bad !
I refer to the feral HQ as the ‘AlpgreensBC’
Under either appropriate name , we have a socialist True B’lver 24 hour multiple channel Propaganda outlet fueled with 1200 million dollars per year by the taxpayer ….which is on the right by better than half …..hence a coalition government !
Why are we forced to co fund this anti – right establishment ???
Let its advocates fund it , and it can be as left as it likes !
Give MarX Scott a well deserved ‘Bum’s Rush Out’ and flog it off !
There we go 1,200,000,000 aud saved off our deficit just there , not to mention ‘Break Up Price ‘ !!!
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Hey, hang on a minute, I thought that rooftop solar was supposed to end up powering the Nation. How can it do that if it is off grid with battery storage?
Selfish ba$tards.
You know, solar panels which will last
15 years, sorry,25years, sorry, forever. Inverters which will last for10 years, sorry, forever, always delivering their maximum power. Batteries which will last for7 years, sorry12 years, sorry, forever. Batteries which cost$15,000, sorry$10,000, sorry, virtually free.Rooftop solar – powering the future???
1.5 million systems – Average 2.2KW – Nameplate 3300MW – Capacity Factor 13%, so total now is 430MW – 25% fed back to the grid, so grid power now equals 107MW – Hence 94,000MWH ….. A YEAR!
You know, the same power generated by Bayswater in, umm TWO DAYS.
Rooftop Solar Power, as effective as a f@rt in a Cyclone.
Tony.
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Tony, but maybe if f@arts were taxpayer subsidised???
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Yea , 7000 aud to store 10 kw that degrades from day one , even if you don’t use and much quicker if you do use !
Cannot see how this is a breakthrough when current AGM deep cycle RAPS batteries can be bought now for as cheap as 200 aud per 1kw approx ….. That’s 2000 aud per 10kw ,which makes Tesla’s price a rippoff ……..but then what do you expect from True B’lver CEO Elon Musk !
Also you have to pay for years of power storage up front …….not as you go …a few hundred per month paying normally for grid use !
In addition , you still have to add the cost of panels ……15,000 to 20,000 for a system to do a small house ….batteries replacement in 10 years and panel replacement in 20 years!
The system described would only run an electric heater , 2400 watt , for 4 hours and then your 10 kw geewizz Tesla bank is flat !
Claims that a system like this is cheaper than paid power ,even at current 0.3aud per kw ,is fraud !
The whole thing is a con , much more expensive and very limiting as 10 kw overnight for a house is very limiting as most reasonable households would need more than 10kw overnight !
Just try and run an Aircon or similar on that and see how far it goes !!!!
We need to be looking at Next Gen Nuclear LFTR for example , instead of toy power renewables which is what both solar and wind are !
https://www.youtube.com/watch?v=7JE1zrs7tzU
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Like Wind and Solar, Batteries are not a ‘New’ technology so unless there is a major breakthrough (and I doubt there will be one) you are talking minor advances.
The Parthian Battery is believed to be 2,000 years old.
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All of Denmark’s 5000 prayer wheels = 1 coal /gas fired standard generator power station at a fraction of the cost !
And if the wind doesn’t blow , its still no power !
And their power…… when the wind does blow…… is over 40 cents per Kw….the dearest in the developed world …….ours 30 cents per kw …..the USA about 12 , and China only 8 cents per kw ……..little wonder that only China can make everything !
China uses their cheap coal powered generators to build (idiots like us) expensive solar and wind turbines , that our green kookoo policies force us to use !
China can use our coal , but apparently we cannot !
Brilliant !!!!
So our green idiocy just ships jobs to china because at 30 cents per kw , our power is nearly 4 times what China pays and yet we export Coal to China …….more ‘save the planet’lunacy !!!
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There is method in their apparent madness Egor, they are all about global politics and wealth creation, and too bad about what we the observers from outside the Gravy Train want. We are not consulted.
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Agreed …..its the New World Marxists’ Order …… which is a global version of the EuroZone Fiasco !
https://lh5.googleusercontent.com/-AXhzg12yOI8/VIP_CPD2B9I/AAAAAAAAgac/c9dcHdYUnGU/w907-h587-no/endenhofer.png
https://www.youtube.com/watch?v=m9bEOB3x0dQ
https://www.youtube.com/watch?v=uGYXXRzKlTY
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Edgar, according to the 2015 Energy Report Aust. produced 11,800 Petajoules of Black Coal in 2013-14 and exported 10,500 Petajoules.
At 278 GWh per Petajoule this export is 2,922,000 GWh of Black coal, and throw in 750,000 Gwh of Uranium plus some LNG, making our target of 23% Renewable Electricity by 2020, that is another 18,000 GWh/yr. little more than a joke.
Is there any sense in going renewable and exporting this amount of coal to produce CO2 elsewhere? It’s good for our budget and good for other countries enabling them to have cheap power, but the rest is little more than an inanity; and yet they are all off to Paris to sign-up to save the planet.
Black coal is about 90-95% carbon, so every tonne we export will result in about 3.3 tonnes of CO2.
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Thank you Jo, well spotted, as usual.
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jo wrote – “welcome to the cabaret”. I say “welcome to the media circus”:
ignore SMH’s –
“Justin Trudeau: Did Canada just elect its own version of ‘Daddy’ Malcolm Turnbull?” and “Justin Trudeau’s hair: a political plus”
ignore ABC’s –
“Incoming Canadian PM Justin Trudeau pledges new action on climate change ahead of Paris meeting”and “Canadians Elect Justin Trudeau, Social Media Swoons” (should be ABC swoons)
ignore Obama opening up more and more federal land to increase US coal exports, which Goldenberg never acknowledges, tho she does touch on a few hometruths here:
20 Oct: Guardian: Suzanne Goldenberg: Trudeau victory may not signal a U-turn in Canada’s climate policy
Well before his stunning victory in Canada’s elections, Justin Trudeau, the Liberal party leader, telephoned David Suzuki…
The conversation did not go well. Suzuki admitted to journalists he called Trudeau a twerp, and the Liberal leader dismissed his critique of the party’s climate policy as “sanctimonious crap”.
Those hoping for a U-turn in Canada’s climate change policy after Stephen Harper’s crushing defeat are in for a reality check…
But it would be a mistake to see Trudeau or the Liberals as climate champions. In his victory speech on Monday, there was no mention of climate change, and he was criticised for being vague on the issue during campaigning…
However, Trudeau supports the Keystone XL pipeline – Canada’s bid to find new markets for its vast carbon reserves in the Alberta tar sands – a position that puts the Liberal leader at odds with campaigners and with Barack Obama.
However, Trudeau supports the Keystone XL pipeline – Canada’s bid to find new markets for its vast carbon reserves in the Alberta tar sands – a position that puts the Liberal leader at odds with campaigners and with Barack Obama…
“I said ‘Justin, stop it,’” Suzuki told CBC. “‘You’re just being political. I know that you want to make headway in Alberta so you’re for the continued development of the tar sands, you’re for the Keystone pipeline, but you’re against the Northern Gateway [pipeline]. You’re all over the damn map!’”
In Suzuki’s version of the conversation, Trudeau did not appreciate the critique…
But now that Trudeau has won such a decisive majority, his position could change, said Katharine Hayhoe…
http://www.theguardian.com/politics/2015/oct/20/trudeau-victory-not-signal-u-turn-canadas-climate-policy
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too funny not to post in today’s superficial political climate!
21 Oct: Huffpo: The Hottest Heads of State
Malcolm Turnbull’s honeymoon run as Australia’s new Prime Minister has come to an end, with the first real bit of bad news for him personally — he is no longer in the top ten hottest world leaders.
Upon his ascension to the Liberal party leadership, Turnbull was installed at #10 on a list compiled by a website called Hottest Heads of State…
But thanks to the election of a plucky Canadian named Justin Trudeau to the post of prime minister, Turnbull has been knocked down a peg and out of the top echelon of hotness…
In another blow for Turnbull, they even spelled his name wrong***…
http://www.huffingtonpost.com.au/2015/10/21/hottest-head-of-state_n_8342996.html
***since corrected, it would seem.
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Turnbull reaches out to the Left again………
http://blogs.news.com.au/heraldsun/andrewbolt/index.php/heraldsun/comments/turnbull_reaches_out_to_the_left_again/
He has to go !!
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“All these companies are not in any way doing this for the profit”
Heavens, no! They are all staunch, politically correct, Marxist-Leninist-Stalinist-Maoist organizations dedicated to the overthrow of the capitalist-imperialists of Wall Street.
Who else but evil lefties would support the AGW story?
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See E.M. Smith’s “Evil Socialism” vs “Evil Capitalism” and link
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So 81 companies signed the Obama pledge out of about 30,000,000 companies in the USA, let’s see now…..that must mean that 97% signed right ?
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No Amber, 81 out of 79 is 103% 😉
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I will sleep better knowing companies like Goldman Sachs have taken the moral high ground on the earth has a fever .
Chicago Climate Exchange 2 can’t be far off . Gee I wonder who might have a vested interest in that happy occurrence .
Maybe they could even get the Pope on the Board of some of these corporate titans ?
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