JoNova

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Save the planet, get “biggest investment op in history of world”

The anti-carbon industry is in trouble — both Al Gore, and The World Bank are doing the hard-sell on “climate investments”.

The Fin Review used to be able to spot a chain letter…

Climate change offers huge investment opportunity, Al Gore tells World Bank

How did the worlds bankers miss something this big?

“It’s the biggest opportunity in the history of the world – it’s the biggest investment opportunity, but we have to have a clear vision, we have to have policy leadership… to bring the world community together to get the financing that is needed to move the momentum more quickly,” former US Vice President Al Gore told the discussion.

Any day now, this is going to be huge. (Right after they get that “strategy hammered out” yeah.)

World Bank president Jim Yong Kim said financing climate action could offer a more lucrative home for $US8.5 trillion ($11.2 trillion) in negative interest rate bonds, $US24.5 trillion in very low-yielding government-type bonds and a further $US8 trillion in cash, though a clear strategy still needed to be hammered out.

 Try not to think about what it means when the government is borrowing money from people and Good-Friends-of-Government are suggesting we park the bonds in an industry that depends on government help — which is supplied by issuing more bonds.

Welcome to the carbon ponzi scheme

“Quite apart from what you think about climate change, there are opportunities for investments that will give you higher yield than any of those investments in which over $US40 trillion is sitting right now,” Kim said.

Ask yourself why all those trillions of dollars are not already leaping into higher returns.

Could be the unhammered strategy thing maybe…

 

 

9.6 out of 10 based on 90 ratings

118 comments to Save the planet, get “biggest investment op in history of world”

  • #
    Roy Hogue

    I could wish it was real. I have nothing against taking some of the money of anyone careless enough to invest in what would amount to a legalized Ponzi Scheme.

    91

    • #
      AndyG55

      Al Gore has done very well out of it, as I suspect have many other of the green agenda scammers.

      172

      • #
        OriginalSteve

        I have a bridge made out of CO2 they can buy ….

        50

        • #
          Dennis

          I could arrange for some “carbon pollution” that you could maybe add to steel to reinforce your bridge?

          50

        • #
          sophocles

          OriginalSteve said:

          I have a bridge made out of CO2 they can buy

          My CO2 bridge is better than your CO2 bridge. My CO2 bridge doesn’t need fossil fuels to build, just two large Solar Cycles. And it has an unprecedented addition of Unicorn flatulence to give a sharper tangier Temperature rise (and smell) …

          There’s no need whatsoever for the structurally weak Pixie Dust, as some other inferior CO2 bridges require…

          🙂

          30

      • #

        Madoff did well too, until he was caught.

        60

    • #
      Rereke Whakaaro

      Yes, but just like any other Ponzi scheme the “investments” are not backed by any tangible assets. So it has to keep doubling down, until it runs out of other peoples money, at which point the perpetrator grabs what liquid cash there is left, and makes for the hills.

      Do previous Presidents, and Vice Presidents of the United States have immunity from prosecution? I seem to remember that Nixon did not, but I may have that wrong.

      100

      • #
        PeterS

        True, one day it will collapse but until then we are relying more and more on renewables and less and less on coal. What is most alarming here though is there is a clear and unmistakable plan to make this nation coal free for power generation ASAP. At least other significant nations who are moving to renewables are also building coal fired power stations for obvious reasons, at least until the renewables technology advances enough to make them redundant, if ever. Personally I believe it will be some other new energy source that will make all current ones redundant but that will be a long way away. Meanwhile, hundreds of new coal fired power stations are being build all over the world. When the scam collapses, as all scams do eventually, this nation will be ruined more so economically and financially compared to those nations that also keep using coal. We might even become the Mexico of Asia. That’s the real risk, and it appears a lot of voters are prepared to take that risk by placing the ALP+Greens in power at the next election. Even if we stick with the LNP it’s no better since they are not interested in building new coal fired power stations either but at the same time not as enthusiastic as the other side in supporting renewables, which to so many is arguably worse! Why? Because most Australians are asleep and have switched off their brains. Hence the ALP+Greens will be making what will falsely appear to so many voters a “good” argument for being elected. We deserve the government we get.

        130

        • #
          OriginalSteve

          Not being an economist I have limited knowledge in this space, although it occurred to me that perhaps by taking so much mney out of ciculation it could cause some significant damage to the world economy?

          Presumbaly, if it did kick the worlds economic legs out from underneath it, or at least cause the world economy to wobble about a bit, once ( if ) it did collapse, presumably the solution would be….surprise….. Socialism?

          The fact the world bank is acting like a 2 bit sideshow barker ( selling green snake oil ) is concerning…..

          40

          • #
            PeterS

            Our economic system is built on debt – and lots of it. The type of system be it socialism, capitalism, or whatever doesn’t make a lot of difference as in the end the result is the same. It can’t be paid back and it won’t. Eventually the whole system will collapse and a new cycle begins. That’s how it worked since the beginning of time. It’s actually remarkably simple to see how it works once one studies history. As for what will take place when the collapse is in full strength – well it has to be a totalitarian type of regime in order to take control of the chaos that the people will exhibit as they become very angry. It won’t be pretty that’s for sure. I recall the movie V for Vendetta. It probably will be something a little like that but probably worse! Eventually though once the real change comes along and the dust settles things will get much better.

            31

        • #
          Dennis

          Our main problem is that the alternative to LNP is union controlled Labor and noting that Australia is still trying to recover from what they did while in government 3007 to 2013.

          The secondary problem is the leftists Liberals who have hijacked the Liberal Party.

          In my opinion the solution would be for the rebels to be pushed aside to join the ones that lost their seats in 2016 and for a revival of the Menzies style conservative Australian style of Liberal Party.

          50

          • #
            Dennis

            2007 to 2013 – after inheriting zero debt (2007 debt was Labor arranged after they formed government, zero debt by Howard government as at 30 June 2006), budget in surplus by $22 billion following 10 of 11 years of surpluses, a booming economy and we were better off as a nation than ever before … 8th best standard of living in the OECD in 2006 down from 13th in 1996.

            70

      • #
        sophocles

        A sensible ponzi scheme operator has the departure well planned and enabled and timed for some time before the money runs out.

        But none of them are well planned. The money alwaya seems to run out sooner than expected, for which property we should give thanks.

        40

        • #
          Ted O'Brien.

          They have their exit scheme. Scorched earth, on which they plan to establish their new economic system. Which, as far as I can tell, will be modelled on the ones that the Soviet Union and China abandoned twenty five years ago.

          20

        • #
          Gerry, England

          It is tempting sometimes when renewable bonds are offering a return of 5% compared to bank accounts down at 1% or less. But I always think how easy is it to get out when the taxpayer cash stops. And that is what always stops me thankfully. It is easy to see how relying on the government can make you jittery as Drax found when they refused to pay further taxpayer cash for them to burn US trees. Big share price fall.

          20

      • #
        Andrew McRae

        If that scheme is like most Ponzi schemes, the first wave of investors do actually get their returns just as promised. The scheme has to have enough startup capital and initial revenue to repay the first wave of investors, so that the demonstrable profit of the first wave can be used as testimonials to entice the 2nd and 3rd waves. After the third wave have paid their entry fees, the music stops.

        Take pensions for example. ]:->

        30

  • #
    ParmaJohn

    Ken Lay was such an amateur.

    100

    • #
      bullocky

      The putative investment bank of Lay,Lysenko & Gore would give Goldman Sachs a run for their money!

      50

  • #
    KinkyKeith

    We all know that science isn’t real any more and this article reminds us, just in case we had forgotten, that Money isn’t real anymore either.

    Political based theft, aka “loss”, is now the biggest industry on the planet.

    But, all is not lost, the people are awakening to the fact that they have been very subtly enslaved.

    Brexit, Trump, and now the new French revolution.

    Will heads eventually roll, this is the question.

    Crimes have been committed.

    Public deceit and public theft are no more acceptable than any other form of political graft.

    We need a Climate Change Crimes Commission to bring to justice all who have profited from the false climate change disease that currently infects our society.

    KK

    220

    • #
      Mark M

      We’re gonna need a bigger jail …”

      “A SELF-STYLED prophet has been convicted of “spreading rumours” for saying a quake would destroy Taiwan.
      He was fined Tw$40,000 ($1320) for his botched doomsday prediction, a court said.”

      http://www.couriermail.com.au/ipad/man-fined-for-dud-doomsday-warning/news-story/2fb702ff6b37950fed66ff33d301c0b7

      “Mr Wang later claimed that his remarks were misinterpreted by journalists when the catastrophe failed to materialise, but he was convicted by a district court in Nantou, central Taiwan, of spreading socially disruptive rumours.”
      . . .
      We have the laws.
      Unfortunately, the people in charge with enforcing the laws are part of the scam.

      131

      • #
        OriginalSteve

        However, no one had to believe what he said, so….

        20

      • #
        el gordo

        And across the gap.

        ‘The ninth amendment to China’s criminal law was passed on Aug. 29, 2015 in the 16th meeting of the National People’s Congress Standing Committee.

        ‘According to the state-run People’s Daily, those who publish false alarms about natural disasters, police notices, or deliberately spread rumours on the Internet will be held for up to three years in prison if the act has disturbed social order. Those whose rumour mongering causes “serious consequences” can be put behind bars for three to seven years.’

        China Daily

        100

      • #
        OriginalSteve

        So why havent they fined flannel ears and his CAGW scammers then?

        Sydneys dams are doing nicely….

        60

        • #
          el gordo

          The desalination plants are down to Flummery, but I don’t expect he’ll do time in the big house for spreading false rumour that it’ll never rain again.

          20

    • #
      Oliver K. Manuel

      Too late, the proverbial cat is out of the bag!”

      Thanks to a few brave bloggers like JoNova, we now know that the standard:

      _ a.) climate model
      _ b.) cosmology model
      _ c.) nuclear model, and
      _ d.) solar model of hydrogen-filled stars

      are the direct result of Weizsacker’s and Chadwick’s blind worship of the new QM (quantum mechanical) scheme in 1935:

      https://jonrappoport.wordpress.com/2017/04/25/the-manufacture-of-reality-vs-the-power-of-individual-imagination/#comment-222677

      10

  • #
    Yonniestone

    The idea of investing in the oldest profession is to see some profit from services rendered, Climate is just a diseased whore that offers no enjoyment or economic benefit to the clients.

    81

    • #
      OriginalSteve

      What concerns me is ( and I would love to know more from people who understand economics better than I may….) Is that taking that much cash as putting into a dead end may tank the world economy and create another financial crisis…..if I’m right, its a blatant attempt at sabotaging the world’s economy and the solution us if course……you guessed it….Socialism a la anothet Greek economic catastrophe mk 2

      20

  • #
    Graeme No.3

    Ponzi claimed that he could pay fabulous interest rates based on a method of financial manipulation which wouldn’t have stood up to 5 minutes of checking. He maintained the fiction by paying the first ‘investors’ out of money put in by subsequent investors. Like all these schemes it requires an increasing number of contributors coming in and it collapses as soon as people want to take their money out.

    Thing would be a little different in this case because it would be politicians putting other people’s money in. Is there any mention of Al getting spotters or management fees?

    Bernie Madoff is another name that comes to mind.

    60

  • #
    Mark

    Latest scam….we need to brighten cloud cover over the GBR during an El Nino year to slow coral bleaching…till we get carbon under control!!!

    60

    • #
      Glen Michel

      What passes for serious science these days.Absolutely deluded thinking.Also don’t forget they want to spray the GBR with water to cool it.

      60

  • #
    Peter Miller

    Government bureaucrats and politicians are famous/infamous for many things, but not of these is being able to invest wisely, especially when their only guideline is dodgy political dogma.

    However, even they can eventually and reluctantly be persuaded to desist after years of zero or negative returns. After all, who wants to be the someone left to defend indefensible political dogma, when wiser heads have long ago abandoned ship? Let’s never forget there has never been a subject like supposed climate change to generate such a plethora of indefensible dogma.

    50

  • #
    • #
      Peter C

      Nuclear Power deserves more attention.

      The Crazies want to spend 14 Billion dollars on renewable power that does not work! That buys a lot of Nuclear power that does work.

      The most costly part of a Nuclear Power Station these days is getting all the approvals. It can take decades. Then the costs go up and the power station may never get built.

      The answer is smaller scale modular reactors, similar in size to the well proven nuclear submarine and ship reactors. Once the approval and regulatory processes have been overcome for the first small modular reactor, they can be built in factories and delivered to site. That could result in a dramatic reduction in cost for Nuclear Power. Every small city could and should have their own reactor. The economics of the power grid would also be transformed.

      30

      • #
        Rereke Whakaaro

        That is a brilliantly simple idea.

        Except that nobody wants to have a nuclear plant in their suburb – think of the children.

        But if they were re-branded as “Clean community power distribution stations”, we could probably get away with it. In Europe, there are local garbage disposal stations, which most people use. But if you knew about some of the toxic waste that goes into these “community sanitation stations”, you would not want to drink the local water.

        30

  • #
    David S

    I think it tells you everything you need to know about renewables investment. Whilst most normal investments are compared to a predetermined rate of return , to assess its value to the investor ( say 8-10% ) when investing in renewables one has to compare it with negative interest rates, low government bond rates and cash. Only a total lunatic would invest in a high risk investment that promises at best a low return. At least with negative interest (ie paying the borrower for the right to lending to him) and low interest government loans and cash there shouldn’t be the risk of losing all or a large proportion of your investment.

    50

  • #
    Ruairi

    Less ‘carbon’ is without a doubt,
    What saving the planet ‘s about,
    Needing everyone’s cash,
    For a climate-change stash,
    Because warmists have hammered it out.

    170

  • #
    TdeF

    “Climate Action”. Really? How do you invest in Climate Action? I thought it was no more than a massive scheme to reduce CO2?

    So after spending 10,000,000,000,000 of tax money on reducing CO2, surely they should be touting their stupendous achievement?

    World Action on CO2 stops world temperature rise

    World action on CO2 halves hurricane frequency

    World action on CO2 ends Australian mega drought

    World action on CO2 saves Polar Bears. Population doubles

    Invest now. Pull that temperature back. Save Syria.

    110

  • #
    Michael

    John Hewson on ABC RNational (where else) this morning warning of the risks to peoples’ superannuation from global warming. He knows how to push a button.

    50

    • #
      David Maddison

      I bet he has Green “investments”.

      30

    • #
      Dennis

      He was unable to explain how his GST proposal would operate when he was campaigning as Opposition Leader with his “Fightback” policy, Labor PM Keating verbally turned him into mince meat.

      30

    • #
      TdeF

      Now that’s just silly from the man who could not understand GST but wanted everyone to pay it. Some people do not get smarter with age.

      30

    • #
      Peter C

      John Hewson should be jailed for making alarmist and untrue statements which cause real harm to us the people.

      10

    • #
      Ted O'Brien.

      The risk to people’s superannuation is already locked in. Very large wads of super have already been “invested” in the Green Blob scam. Should, say, Hazelwood be reopened to produce electricity at a price lower than the new going rate, those investments would be seriously devalued. Demands for compensation would ensue.

      10

  • #
    David Maddison

    (USA article.)

    http://amp.nationalreview.com/article/436228/wind-energy-subsidies-billions

    Wind-Energy Sector Gets $176 Billion Worth of Crony Capitalism

    by Robert Bryce
    June 6, 2016 4:00 AM

    @pwrhungry
    It takes enormous amounts of taxpayer cash to make wind energy seem affordable.

    71

    • #
      TdeF

      Plus all those Green jobs. As fairies at the bottom of the garden.

      20

      • #
        Dennis

        The colony down at the bottom of former Greens leader Bob Brown must be still around.

        And the extreme Greens still consulting with them.

        20

        • #
          Dennis

          Ooops, typo: at the bottom of the garden at former Greens leader …..

          30

          • #
            TdeF

            Fairynough.

            40

            • #
              ROM

              A very interesting point was made in the WUWT article on subsidies to solar and wind in particular especially with a very considerable regard to the recent wind turbine industry created SA black out.

              The financial and material losses arising from that SA wind industry created blackout should be listed as another very large subsidy towards the wind industry in that the government has accepted that the industries and citizens of SA have to put up with these losses, past, current and potential in their drive to force the state and its citizens to use the highly unpredictable wind and solar energy as their main sources of energy.

              All those material and financial losses created by the turbine created blackout debacle in SA should be seen as a cost to community and a very expensive indirect subsidy to the wind industry by the citizens.
              Created by the governments against the will of the majority of the citizens who are forced to use the power from wind turbines as a major part of their energy requirements in place of the very long proven near 100% reliable and near subsidy free fossil fuelled powered generators.

              And therefore those losses and breakdowns across the community and its industries and commerce caused by the unpredicted and inherently random cessation of generated power by the wind turbines in moderate meteorological conditions just become another very expensive and direct subsidy which is an addition to the already official and enormous public tax payer funded subsidies provided to the avaricious greed driven wind turbine industry.

              61

              • #
                TdeF

                People make sacrifices, but for what? The cost of reducing CO2 in Adelaide alone is based on a nonsense idea to support a crazy hypothesis which is proven wrong. All that suffering and cost for nothing. To consider it a cost subsidy is reasonable, but it is more than that. It is disgraceful for any government to inflict such pain on its citizens just to stay in power. Weatherill cares nothing for the people of South Australia. The excuses are just absurd.

                21

              • #
                ROM

                Do I need to repeat this previous post of mine as a character defining description of Weatherill;

                —————————————
                What Is a Psychopath?

                The neuroscience of psychopathy reports some intriguing findings

                [ some selected quotes from the various paras]
                .

                First a bit of terminological history, to clear up any confusion about the meanings of “sociopath,” “psychopath,” and related terms.
                In the early 1800s, doctors who worked with mental patients began to notice that some of their patients who appeared outwardly normal had what they termed a “moral depravity” or “moral insanity,” in that they seemed to possess no sense of ethics or of the rights of other people.
                The term “psychopath” was first applied to these people around 1900.
                The term was changed to “sociopath” in the 1930s to emphasize the damage they do to society. Currently researchers have returned to using the term “psychopath.”
                .
                ****
                If we overlay all of these lists of criteria, we can see them coalescing into the following core set:

                Uncaring

                The PCL describes psychopaths as being callous and showing a lack of empathy, traits which the PPI describes as “coldheartedness.” The criteria for dissocial personality disorder include a “callous unconcern for the feelings of others.” There are now several lines of evidence that point to the biological grounding for the uncaring nature of the psychopath. For us, caring is a largely emotion-driven enterprise. The brains of psycopaths have been found to have weak connections among the components of the brain’s emotional systems. These disconnects are responsible for the psychopath’s inability to feel emotions deeply.
                .
                *****

                Shallow emotions

                Psychopaths, and to a degree, sociopaths, show a lack of emotion, especially the social emotions, such as shame, guilt, and embarrassment. Cleckley said that the psychopaths he came into contact with showed a “general poverty in major affective reactions,” and a “lack of remorse or shame.” The PCL describes psychopaths as “emotionally shallow” and showing a lack of guilt. Psychopaths are notorious for their lack of fear.
                .
                •••••

                Irresponsibility

                According to Cleckley psychopaths show unreliability, while the PCL mentions “irresponsibility” and the PPI describes psychopaths as showing “blame externalization,” i.e. they blame others for events that are actually their fault. They may admit blame when forced into a corner, but these admissions are not accompanied by a sense of shame or remorse, and they have no power to change the sociopath’s future behavior.
                .
                ******

                Insincere speech

                Ranging from what the PCL describes as “glibness” and “superficial charm” to Cleckley’s “untruthfulness” and “insincerity,” to outright “pathological lying,” there is a trend toward devaluing speech among psychopaths by inflating and distorting it toward selfish ends. The criteria for APD include “conning others for personal profit or pleasure.
                .
                *****

                Overconfidence

                The PCL describes sociopaths as possessing a “grandiose sense of self worth.” Cleckley speaks frequently of the boastfulness of his patients.
                .
                *****

                Narrowing of attention

                According to Newman and his colleagues the core deficit in psychopathy is a failure of what they call response modulation (Hiatt and Newman, 2006). When normal people engage in a task we are able to alter our activity, or modulate our responses, depending on relevant peripheral information that appears after the task has begun. Psychopaths are specifically deficient in this ability, and according to Newman, this explains the impulsivity of psychopaths, a trait which shows up in several of the lists of criteria, as well as their problems with passive avoidance and with processing emotions.
                .
                ******

                Selfishness

                Cleckley spoke of his psychopaths showing a “pathologic egocentricity [and incapacity for love],” which is affirmed in the PPI by its inclusion of egocentricity among its criteria. The PCL also mentions a “parasitic lifestyle.”
                .

                *****

                Inability to plan for the future

                Cleckley said that his psychopaths showed a “failure to follow any life plan.” According to the PCL, psychopaths have a “lack of realistic long-term goals,” while the PPI describes them as showing a “carefree nonplanness.”
                .

                *****

                Violence

                The criteria for dissocial personality include, a “very low tolerance to frustration and a low threshold for discharge of aggression, including violence.” The criteria for antisocial personality disorder include, “irritability and aggressiveness, as indicated by repeated physical fights or assaults.”
                .

                ______——————–

                Disclaimer;

                No South Australian Premiers were injured or confined during this study!

                00

  • #
    philthegeek

    So hows cool futures trucking along then?? 🙂

    41

  • #
    Robber

    The wind is blowing in South Australia. At 7.55am in SA, AEMO data shows wind is contributing 1123 MW of the total SA demand of 1193 MW, with gas providing 255 MW for system control, so they have a surplus that is helping out Victoria.

    You would think with all that “free” wind that prices would be cheap. Not so. Current wholesale spot price in SA is $117.16/MWhr (11.7 cents/KWhr). In addition those SA consumers have to pay an additional $82/MWhr in their retail price as a subsidy to those wind farmers thanks to the mandated purchase of renewable energy certificates.

    In March the average wholesale price in SA was $122.40 compared to Vic $90.63/MWhr.

    But those prices have essentially doubled since 2016 – SA $62.67, Vic $46.14/MWhr due to the closure of coal-fired stations in favour of “free” wind. Thanks for nothing governments.

    70

    • #
      Dennis

      I am planning a new trucking firm, a publicly listed company so that people can invest in it, that will use electric 1-tonne capacity trucks to replace semi-trailers and B-doubles that take up so much space on our roads and use enormous amounts of emissions from Diesel engines.

      All I need is government approval for subsidies for profit.

      70

      • #
        Mark D.

        No No Dennis. Wrong pitch.

        “Government approval for subsidies TO SAVE THE WORLD!”

        There is the money maker.

        40

    • #
      • #
        Peter C

        Government invested in renewable energy (wind an solar).
        Renewable energy failed and South Australia was blacked out.
        Mining companies lost power and production.
        Less profit so less tax.
        Government revenues down.
        People have lost jobs.
        People move to other states to get jobs.
        South Australia looses out unless propped up by the Commonwealth Government.

        40

    • #
      Graeme No.3

      Robber:

      At $120 per MWh PLUS the Large scale Generation Certificate at $82-90 wind turbines are making about 40% return.

      20

  • #
    pat

    EAD ALL…SAYS IT ALL…AND DRUDGEREPORT’S MANY ,MANY MILLIONS OF READERS ARE GIVEN THIS LINK TODAY:

    25 Apr: Daily Caller: Michael Bastasch: Al Gore’s New Group Demands $15 Trillion To Fight Global Warming
    The Energy Transitions Commission’s (ETC) report (LINK) claims “additional investments of around $300-$600 billion per annum do not pose a major macroeconomic challenge,” which they say will help the world meet the goals laid out in the Paris agreement
    ETC is made up of energy executives, activist leaders and investment bankers, including former Vice President Al Gore, who would no doubt get a piece of the trillions of dollars they are calling for…

    Royal Dutch Shell, for example, aided the pro-Paris faction of the Trump administration by publicly supporting continued U.S. participation in the United Nations deal. Shell is a major producer of natural gas, which the company bills as a way to fight global warming.
    Shell funds ETC, and the group’s report mainly targets emissions from coal use…READ ALL
    http://dailycaller.com/2017/04/25/al-gores-new-group-demands-15-trillion-to-fight-global-warming/

    41

    • #
      Geoffrey Williams

      The bottom line is that big business, and international corporations, or whatever, just do not care where electricity energy supply comes from so long as they have a slice of the action. If the green left wing governments of the day believed that cow fart gas was the answer, then the turbine people would design mini-fart turbine generators to supply the demand and farmers would make a fortune. (Hope it never happens) . .
      GeoffW

      51

  • #
    David Maddison

    Warren Buffett is one of the biggest investors in wind but he is not stupid enough to “believe” in it. He is farming tax credits more so than wind.

    Despite being famous for touting the idea that the rich don’t pay their fair share of taxes, investor Warren Buffet seems to be perfectly fine with receiving tax breaks for making investments in Big Wind. “I will do anything that is basically covered by the law to reduce Berkshire’s tax rate,” Buffet told an audience in Omaha, Nebraska recently. “For example, on wind energy, we get a tax credit if we build a lot of wind farms. That’s the only reason to build them. They don’t make sense without the tax credit.”

    https://www.usnews.com/opinion/blogs/nancy-pfotenhauer/2014/05/12/even-warren-buffet-admits-wind-energy-is-a-bad-investment?context=amp

    60

    • #
      Ted O'Brien.

      Absolutely! It is some time since he said that, and it needs to be repeated and repeated until the sheeple understand it.

      10

  • #
    RAH

    These guys make Bernie Madoff look like a two bit shyster.

    40

  • #
    Dennis

    When Maurice Strong engineered the use of natural climate change emphasising man-made global warming as a danger ahead he and his colleagues including Al Gore realised that they could harness the political strengths of the international UN based socialists’ political agendas and establish a massive wealth creation scheme for themselves.

    President Putin of Russia in 2015 rightly referred to it as “fr*ud” and Prime Minister of Australia Abbott said he would not stand for socialism masquerading as environmentalism.

    The politicians who have gone along with these fr*udsters stand condemned.

    91

  • #
    Geoffrey Williams

    The World Bank heh! Wouldn’t trust them with my loose change!
    GeoffW

    40

    • #
      Dennis

      I was taken aback to see former Labor Attorney General Gareth Evans a member of the IMF delegation advising the Government of Greece during the financial and economic meltdown there.

      Considering that the Labor Governments in Australia that he was a senior member of cabinet in managed us into a position that resulted in the worst recession in 60-years, the recession we had to have Paul Keating remarked. Yes, WE had to have, not the later Labor spin excuse that global downturn caused recession here.

      21

      • #
        Mark M

        Gareth Evans addressed the Press club recently. Some quotes:

        “There are two threats to the world at the moment.
        Climate change is one of them.”

        https://twitter.com/ABCthedrum/status/852426602713538560

        On Trump:

        ” …manifestly the most ill-informed, underprepared, ethically challenged, “The most psychologically ill-equipped president in US history”

        Wait. What? “Ethically challenged”?

        The same “Gareth Evans, the former foreign minister and deputy Labor leader, (who) lied to Parliament about a five-year affair with Labor’s star recruit Cheryl Kernot, according to an email he sent her after they broke up.

        http://www.smh.com.au/articles/2002/07/03/1025667007922.html

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          PeterS

          Yes but climate change frenzy is not our biggest threat. Our biggest threat is the ABC. They hate Australia and it’s values so much. We are effectively at war with them – more so I believe than with ISIS. At least ISIS and like minded terrorists are predominantly afar. However, the ABC is not only working against Australia from within Australia, the Turnbull government feels fit to keep funding them with tax payer money. That makes Turnbull and his government complicate to the goal of tearing down Australian values, and more importantly makes the Australian voter the same too. If Australians really wanted to put a stop to this they must stop voting for either major party. Otherwise, we might as well give up and bend over to get spanked real hard. When doing so remain quiet as we deserve it.

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          Peter C

          Hmmm, Good One,

          Ly##ing Gareth. What a [email protected]

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        • #
          el gordo

          “There are two threats to the world at the moment. Climate change is one of them.”

          Thank you Gareth, that was most helpful. Did he mention China’s arsenal?

          ‘This war-fighting toolkit includes: long-range precision strike missiles for use in early and preemptive strikes; stealth jet fighters to bypass enemy air defenses, and destroy its command and control centers; anti-satellite missiles to take out critical space-based intelligence, surveillance and reconnaissance (ISR) systems; and other emerging technologies such as rail-guns, ‘stealth-defeating’ quantum radars, and autonomous systems.

          ‘A more integrated Chinese warfighting force could fundamentally alter the regional military balance, which is already rapidly moving in Beijing’s favor. According to the authors of a Chinese military magazine, China must prepare to fight to safeguard and secure its “central leadership” in the South China Sea.’

          The Diplomat

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          Ted O'Brien.

          One of the most unAustralian individuals ever to sit in our parliament. Do not forget that he turned the biggest guns in the Australian Defence Force armoury, an F-111 and from memory a Mirage fighter, on the people of Tasmania over the Franklin Dam issue.

          10

  • #

    Off topic a little.

    Yep, save the Planet all right.

    Coal is dying, eh!

    Results from just ten coal mines close to me here in Rockhampton shows a slight rise in coal production for 2016.

    Coking Coal mined = 51,138,000 Tonnes

    Thermal Coal mined – 17,495,000 Tonnes.

    Coal is on the way out. Yeah, sure!

    Tony.

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    • #
      Dennis

      Did you mean to write: cold is on the way in?

      20

    • #
      KinkyKeith

      It is on the way out.

      Out of the country.

      We need to use more of it here.

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    • #
      David Maddison

      One tonne of coal produces about 2MWh of electricity so that’s a lot of good clean and cheap (outside of Australia) electricity being made.

      51

      • #

        I’d like to point something out to you all here.

        Note where David mentions this:

        One tonne of coal produces about 2MWh of electricity

        Now, refer that to what pat mentions just below in Comment 23.

        For example, it advocates a global carbon price starting at $50 per tonne in the 2020s and rising to $100 in the 2030s, to pick just one of many politically challenging aims…

        One tonne of coal produces 2.86 tonnes of CO2, so that’s 1.43 Tonnes CO2 per MWH of CO2, or as they incessantly refer to it as ….. Carbon.

        Okay then, so they want (pat’s comment) is $50 per tonne of CO2, so that now adds $72 to each MWH of electricity generated, currently selling at around $30 to $35/MWH. That price on Carbon now takes the cost per MWH of coal fired generated power up to over $100/MWH to, as they say, make it competitive with renewables, rising to $100/Tonne of CO2, taking coal fired power up to beyond $175/MWH.

        Are you all still with me.

        Say, umm, wait a minute. If they have to introduce a price on carbon to make it competitive with renewables, then, umm doesn’t that tell you something.

        How long have they been telling us that renewables are ….. ALREADY cheaper than coal fired power.

        Hmm, one of these two things now has to be a tiny bit mendacious, eh.

        And here they are telling us all, hand on heart, we’re doing everything to keep the cost of electricity down, and here they are, seeking to introduce something specifically designed to put up the cost of electricity, because the generating entity just passes the cost directly down to all consumers.

        Somebody’s telling porkies.

        Tony.

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        • #
          TdeF

          The current RET value around $85 corresponds to over $200 per ton for CO2 produced by Natural Gas. So now there are different types of CO2, expensive Natural Gas CO2 and cheaper Black Coal CO2 and even cheaper Brown Coal CO2, according to the RET. In inverse ration to the amount of CO2 per tonne as the tax is on MWhrs and avoids mentioning either Carbon or Carbon Dioxide. It is on anything called ‘fossil fuel’.

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            TdeF

            You would have to say in pretending not to cripple Australia with the world’s highest carbon tax, we easily have the world’s highest tax on the fuel with the least amount of CO2 per MWhr. Now that makes sense but it is all hidden in the second tier of electricity bills and even Malcolm Turnbull pretends it does not exist.

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          • #
            toorightmate

            The gangrenous greens seem to think that CO2 from vehicles and animals is OK. It is obviously different the CO2 from coal fired power stations. It must have something to do with the breeding.

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    • #
      Mark M

      India’s outsized coal plans would wipe out Paris climate goals

      India will not be able to meet its Paris climate agreement commitments in the coming years if it carries through with plans to construct nearly 370 coal-fired power plants

      https://www.sciencedaily.com/releases/2017/04/170425140207.htm

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      • #
        Rereke Whakaaro

        Do you think the Indians (or the Chinese, for that matter) give two figs for what the rest of the world says about “climate change commitments”. They have large populations that need food, water, and reliable energy sources.

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        • #
          Graeme No.3

          Not to mention South Africa, Malawi, Tanzania, Kenya, Ghana, Nigeria, Morocco, Botswana and of course Indonesia, the Philippines, Vietnam, Myanmar and perhaps Pakistan.
          Russia, Poland, Turkey, Italy, Hungary, Slovakia, Greece and Germany and that’s ignoring the Americas.

          10

      • #
        toorightmate

        What commitments did India and China give for action before 2030 – other than receive bundles of money for being “underdeveloped countries”?

        10

  • #
    Peterg

    How do I keep my super out of this?

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    • #
      Ted O'Brien.

      Not easy. Steer clear of union funds for a start. Making sure that unionists understand that it is all a Ponzi would help.

      10

  • #
    pat

    25 Apr: CarbonBrief: Simon Evans: Cut fossil fuel use ‘dramatically’ to meet climate goals, says Shell-backed report
    (Note at end of article: Laurence Tubiana, chief executive of the European Climate Foundation (ECF), is a member of the Energy Transitions Commission. Carbon Brief is funded by ECF)
    The use of fossil fuel, particularly coal and oil, must decline “sharply” if the world is to meet the goals of the Paris accord, according to a new report backed by energy giants Shell and BHP Billiton.
    Global coal use must be cut by 70% within 25 years, oil use must fall 30% and gas can increase by only 2% out to 2040. The growing global population will instead get its energy from a huge expansion of renewables, combined with more efficient energy use and other low-carbon technologies.
    Those are the conclusions of the Energy Transitions Commission (LINK), a group set up in 2013 by a cross-section of major firms, NGOs and academics. Its conclusions broadly align with other pathways for 2C and below, but the commission’s membership adds an interesting twist to the findings…

    It adds that “near-total-variable-renewable power system” of close to 100% renewable will be possible in many countries by 2035. For example, it says “up to 98% [variable renewable power would be possible] in countries like Germany”.
    This near-100% renewable system would cost $70 per megawatt hour (MWh), the report says, allowing renewables to be “fully cost-competitive with fossil fuels, allowing for all necessary flexibility and back-up costs”…
    For coal, there must be an immediate decline in global use and a phaseout as soon as possible in rich nations, to achieve an overall 70% cut by 2040…

    For example, it advocates a global carbon price starting at $50 per tonne in the 2020s and rising to $100 in the 2030s, to pick just one of many politically challenging aims…
    The commission’s report “makes no effort to set its findings in a real-world context, where the main problems are the politics of transition not the economics or technology,” Tom Burke, chair of thinktank E3G, tells Carbon Brief…
    It is backed by a group of 28 “commissioners”, including representatives of investment firm BlackRock, mining giant BHP Billiton, HSBC bank, oil major Shell and the utility firm General Electric…
    https://www.carbonbrief.org/cut-fossil-fuel-dramatically-to-meet-climate-goals-shell-backed-report

    25 Apr: ETC Press Release: Halving global carbon emissions by 2040 is within our reach, but governments, investors and businesses must act now to accelerate energy transitions
    http://energy-transitions.org/sites/default/files/ETC_Report_Global_press_release_%20April_2017.pdf

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  • #
    Roger

    Renewable Energy is fuelling global recession and poverty.

    80

  • #
    pat

    24 Apr: CarbonPulse: Economists Stiglitz, Stern to stress importance of credibility in carbon pricing
    Renowned economists Joseph Stiglitz and Nicholas Stern are to stress in a key document next month the importance of governments worldwide achieving credibility in setting the higher carbon prices needed to meet the Paris Agreement.

    “renowned” Stern is a Commissioner at ETC:

    Energy Transmissions Commission: Who We Are
    Commissioners: INCLUDES AL GORE, RACHEL KYTE, LAURENCE TUBIANA, NICHOLAS STERN, ***LORD ADAIR TURNER, ETC.

    ***Wikipedia: Adair Turner: Director of the Confederation of British Industry
    He is the former Chairman of the Pensions Commission and the Committee on Climate Change, as well as the former Director-General of the Confederation of British Industry…
    His career with BP started in 1979 and he worked for Chase Manhattan Bank from 1979-82. He became a director of McKinsey & Co in 1994 after joining in 1982…
    He lectures part-time at the London School of Economics…
    In April 2013, it was announced that Lord Turner would be joining George Soros’ economic think tank as a senior research fellow in its London offices…
    In 2015, he was co-author of the report that launched the Global Apollo Programme, which calls for developed nations to commit to spending 0.02% of their GDP for 10 years, to fund co-ordinated research to make carbon-free baseload electricity less costly than electricity from coal by the year 2025…
    In 2016 he was elected an Honorary Fellow of the Royal Society…

    VIDEOS/TRANSCRIPT: 19 Apr: Brookings Institution: Carbon pricing and the future of global climate cooperation
    On April 19, the newly-launched Cross-Brookings Initiative on Energy and Climate hosted a panel discussion on the role of carbon pricing in the implementation of the Paris goals, with opening remarks from Lord Nicholas Stern of the London School of Economics and Professor Joseph Stiglitz of Columbia University, the co-chairs the High-Level Commission on Carbon Prices…
    After the discussion, Brookings Vice President Kemal Derviş moderated a panel discussion and took questions from the audience…
    Panel Discussion also includes:
    ***Ian Parry, Principal Environmental Fiscal Policy Expert, Fiscal Affairs Department – International Monetary Fund
    https://www.brookings.edu/events/carbon-pricing-and-the-future-of-global-climate-cooperation/

    ***no surprise to see IMF participation at Brookings, the principal Democratic Party think-tank.

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  • #

    That’s the prob with all the printed/sorta/kinda money floating around the world and looking for a home. There is a shortage of solid dwellings for so much investment money so it ends up camped in the equivalent of low-tide only Queensland real estate.

    Why invest in critical infrastructure that makes use of our superb coal and uranium resources when the clever set will just throw rocks at it? Instead, do like the clever set and traffic in a small fraction of thin air: no overheads, apart from what gets skimmed as the sorta/kinda money gets passed along. Why even bother with tech bubbles and real estate bubbles when you can just have bubble bubbles?

    And if the bubble bubble goes pop…that’s what taxpayers are for. Ask the World Bank. They can explain.

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    • #
      Dennis

      Is that where staff sings the company song every morning: We’re forever blowing bubbles …..”?

      40

  • #
    Mark

    Snake oil language:
    ‘It’s the biggest opportunity in the history of the world.’
    But wait, is there more? Does it come with a set of steak knives?

    40

    • #
      R2Dtoo

      No steak knives – cattle and methane you know. However, you can double your tax contribution simply by paying an extra shipping and handling fee. So act now on this limited time offer.

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  • #
    pat

    fantasy:

    24 Apr: ClimateCentral: John Upton: China, India Become Climate Leaders as West Falters
    As numerous rich countries have foundered, India and China have emerged as global leaders in tackling global warming.
    Nowhere is backtracking more apparent than in the U.S., where President Trump is moving swiftly to dismantle environmental protections and reverse President Obama’s push for domestic and global solutions to global warming.
    The U.S. isn’t alone in its regression. European lawmakers are balking at far-reaching measures to tackle climate change. Australian climate policy is in tatters. International efforts to slow deforestation in tropical countries are failing…
    Here’s a trip around the world, assessing how pro-climate and anti-climate forces are faring in key nations and regions and showing how recent developments are affecting the languishing fight against global warming…READ ON
    http://www.climatecentral.org/news/china-india-climate-leaders-west-falters-21377

    reality:

    25 Apr: AP: Matthew Brown: Converting coal would help China’s smog at climate’s expense
    China’s conversion of coal into natural gas could prevent tens of thousands of premature deaths each year. But there’s a catch: As the country shifts its use of vast coal reserves to send less smog-inducing chemicals into the air, the move threatens to undermine efforts to rein in greenhouse gas emissions, researchers said Tuesday.
    The environmental trade-off points to the difficult choices confronting leaders of the world’s second largest economy as they struggle to balance public health and financial growth with international climate change commitments…
    If the gas were used for industrial purposes, fewer deaths would be averted and they would carry a steeper price – a dramatic increase in carbon dioxide emissions, according to the researchers and a separate report released Tuesday by Greenpeace…
    Compared to burning coal directly for power, converting it into gas and then using that gas to produce electricity can produce almost twice as much carbon dioxide and other greenhouse emissions blamed in climate change, (World Resources Institute climate expert Ranping) Song said…
    http://hosted.ap.org/dynamic/stories/A/AS_CHINA_POLLUTION_DEATHS_ASOL-?SITE=SCAND&SECTION=HOME&TEMPLATE=DEFAULT

    25 Apr: Phys.org: India’s coal plant plans conflict with climate commitments
    India will not be able to meet its Paris climate agreement commitments in the coming years if it carries through with plans to build nearly 370 coal-fired power plants, a new study finds…

    “India is facing a dilemma of its own making,” said Steve Davis, associate professor of Earth system science at the University of California Irvine and coauthor of a new study published today in Earth’s Future, a journal of the American Geophysical Union…
    Further, by developing all of the planned coal-fired capacity, India would increase the share of fossil fuels in its energy budget by 123 percent…
    LINK to study at bottom of article.
    https://phys.org/news/2017-04-india-coal-conflict-climate-commitments.html

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  • #
    Another Ian

    Some thoughts on actually saving the planet

    https://realclimatescience.com/2017/04/the-definition-of-insanity/#comments

    And comments

    20

  • #
    Mark M

    Prepare for 97% Fail …

    Photo trying to disprove the Lempriere-Ross tidal mark shows no sea level rise!

    As Rising Seas Erode Shorelines, Tasmania Shows What Can Be Lost.
    https://www.nytimes.com/2017/04/26/climate/tasmania-global-warming-shoreline-erosion.html?_r=0

    The nyt article also references Fort Denison where …
    There’s overwhelming evidence that sea level hasn’t risen significantly in at least 100 years.
    https://twitter.com/Blurred_Trees/status/856195613402288128

    20

  • #
    Egor the One

    Why isn’t scum bag Gore in Leg Irons for his racketeering adventures ?

    30

  • #
    pat

    pathetic:

    26 Apr: Bloomberg: State Department Memo Boosts Case to Stay in Paris Climate Pact
    by Jennifer A. Dlouhy & Nick Wadhams
    An internal State Department memo says the Paris climate accord imposes few obligations on the U.S., bolstering the case for Trump administration officials who want to stay in the deal.
    The document, marked as a draft, makes no explicit recommendation about whether the U.S. should remain part of the pact. It circulated ahead of a scheduled meeting of top administration officials Thursday to discuss whether President Donald Trump should fulfill his campaign pledge to exit the deal.

    While there are some binding provisions in the agreement, those “legal obligations are relatively few and are generally process-oriented,” the three-page memo obtained by Bloomberg News said. Under terms of the agreement, the U.S. couldn’t formally exit until 2019. It faces no specific reporting requirements until 2021, the document says…
    A White House spokeswoman didn’t respond to emailed questions about the document, and a State Department spokesman declined to comment on it…

    “The agreement does not dictate any particular domestic measures a party must take to achieve its” goals, the memo says. Countries also have wide latitude to amend their planned reductions.
    The U.S. also isn’t required to fulfill its pledge to donate as much as $3 billion to a Green Climate Fund designed to help developing countries deal with the effects of a warming planet…

    With anything short of a complete withdrawal, “domestic and foreign opponents of Trump’s energy policies and possibly activist courts can continue to invoke this ‘international commitment,’ and any future U.S. administration will have free rein to pick up where Obama left off,” Lewis and Horner wrote in an April 17 blog post…READ ON
    https://www.bloomberg.com/politics/articles/2017-04-26/state-department-memo-boosts-case-to-stay-in-paris-climate-pact

    25 Apr: UK Telegraph: AFP: US should stay in Paris climate accord says energy secretary Rick Perry
    The United States should stay in the Paris climate accord but renegotiate it, energy secretary Rick Perry said on Tuesday, alleging that some European countries were not doing enough to curb emissions…
    “I’m not going to say I’m going to go tell the president of the United States, ‘Let’s just walk away from the Paris accord’,” Mr Perry said during the Bloomberg New Energy Finance conference in New York.
    “But what I am going to say is, I think we probably need to renegotiate it,” he said.
    “We need to sit down and they need to get serious about it,” he said…

    Mr Perry offered no details about how he thought it should be renegotiated, but said said the United States and China were making a real impact on reducing emissions.
    He then questioned the actions of France and Germany…
    Germany, he went on, has made a decision to “get out of the nuclear business” and “double down – to hear them tell it – on renewables,” he said.
    “But the fact is their emissions have gone up because they are using more coal, and they are using coal that is, you know, not clean technologies,” Mr Perry added.
    “My point is, don’t sign an agreement and then expect us to stay in an agreement if you are not going to really participate and be a part of it.”…
    http://www.telegraph.co.uk/news/2017/04/25/us-should-stay-paris-climate-accord-says-energy-secretary-rick/

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  • #
    pat

    unbelievable:

    25 Apr: Bloomberg: Anna Hirtentstein: Most of World’s Largest Investors Taking Climate Risk Action
    Most of the world’s largest asset owners have gotten the message that climate change poses a risk to their portfolios and are pivoting toward greener investments.
    Funds worth $27 trillion that comprise 60 percent of the world’s biggest investors are considering climate change when making investment decisions, according to the Asset Owners Disclosure Project. Funds listing climate as an investment criteria rose 18 percent from last year.
    “The Paris Agreement sent a clear message of global commitment to tackle climate change,” said Julian Poulter, chief executive officer at AOPD. “Institutional investors are responding by rapidly scaling up action to tackle climate risk and seize opportunities in financing the low carbon economy.”…

    ***Hotter temperatures across the globe are leading to rising sea levels and triggering an increase in extreme weather events such as storms and droughts…

    ***Top-scoring pension funds in the Asset Owners Disclosure Project’s index included Australia’s Local Government Super, the Environment Agency Pension Fund in the U.K. and the New York State Common Retirement Fund. European and Australian investors led the list.
    North American investors lagged the furthest behind the report showed…

    “It is shocking that many pension funds and insurers are still ignoring climate risk and gambling with the savings and financial security of millions of people,” Poulter said.
    https://www.bloomberg.com/news/articles/2017-04-25/most-of-world-s-largest-investors-taking-action-on-climate-risk

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    pat

    25 Apr: PV-Mag: Full speed in reverse: Rick Perry presents his vision for DOE
    At the Future of Energy Summit U.S. Energy Secretary Rick Perry gave a preview into what his tenure will be like as Secretary of Energy, including invasive federal action and support for nuclear, coal and gas, backed by pure mythology.
    Perry was also sure to repeat the myth that baseload power is necessary for a reliable electricity system, and to state that he will use the power of the federal government to ensure that baseload plants are not driven off the grid. Perry admitted that this will include interfering with the policies of state and local governments, a political approach which his Republican Party claims to oppose but appears ready to use when they hold power in the federal government.

    “Making sure that we implement baseload on the grid is a national priority,” stated Perry. When questioned directly about interfering with state and local governments, Perry replied that “The conversation does, in fact, need to happen”…
    And despite these ominous statements, Perry has given no indication that he is an ideologue like Myron Ebell, and not everything he said regarding renewable energy was negative. Perry mentioned Texas’ success with wind when he was governor, and stated that “we are going to ensure that wind energy finds its way to the grid”…
    https://pv-magazine-usa.com/2017/04/25/return-to-the-dark-ages-rick-perry-presents-his-vision-for-doe/

    24 Apr: PV-Mag: Christian Roselund: The inmates have taken over the asylum: BNEF The Future of Energy Summit kicks off in New York
    An interview with professional climate denier Myron Ebell, along with Kevin de León and Debbie Dooley shaking hands were among the top moments from the opening of the 2017 BNEF Future of Energy summit.
    Ebell began by claiming a great respect for science but disparaging climate science, and generally went downhill from there, ending in a knot of Populist paranoia about “the technological industrial elite”, scientists, California, “the managerial class”, and a range of other alleged antagonists to hard-working heartland America.
    It was truly something out of the Scopes Trial, but the joke is on the rest of us…

    When asked about the possibility of removing the tax credits for wind and solar, Ebell noted that his crowd has been trying to do so for years. “We’ve been fighting (renewable energy tax credits) for years… Republicans have been supporting subsidies,” complained Ebell…
    https://pv-magazine-usa.com/2017/04/24/the-inmates-have-taken-over-the-asylum-bnef-the-future-of-energy-summit-kicks-off-in-new-york/

    00

  • #
    pat

    25 Apr: BNEF: Michael Bloomberg and Carl Pope launch ‘Climate of Hope’ at BNEF Global Summit 2017
    Since top down international solutions for mitigation of the worst effects of man-made climate change were abandoned, a practical and optimistic conversation has begun to permeate the international stage. Paris was a punctuation mark, clean energy cost improvements a critical encourager.
    At The Future of Energy Global Summit in New York City, April 24, 2017, Michael R. Bloomberg, Founder and CEO of Bloomberg, and Carl Pope, Principal Advisor at Inside Straight Strategies, discussed how they see this evolving through their new book, Climate of Hope. Watch the video below.
    https://about.bnef.com/blog/michael-bloomberg-carl-pope-launch-climate-hope-bnef-global-summit-2017/

    BNEF: The Future of Energy Summit
    VIDEO: Tune in live to The Future of Energy Global Summit in New York City
    Follow the conversation in the room at #BNEFSummit
    Agenda Topics
    See the full agenda (LINK)
    https://about.bnef.com/summit/event/new-york/

    10

  • #
    Analitik

    Invest in Tesla – EV, PV, batteries, autonomous vehicles – Roll up, Roll up

    20

  • #
    David Maddison

    Very good video with John Casey. Please watch.

    https://youtu.be/GnWAOUERVrI

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  • #

    The costs are literally measured in % of global GDP. That is how insane this topic has become.

    Just How Much Does 1 Degree C Cost?
    https://co2islife.wordpress.com/2017/01/25/just-how-much-does-1-degree-c-cost/

    Climate “Science” on Trial; Clear-Cutting Forests to Save the Trees
    https://co2islife.wordpress.com/2017/02/25/climate-science-on-trial-clear-cutting-forests-to-save-the-trees/

    00