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By Jo Nova
There’s nothing like a few belligerent trade spats, and miscreant dragged anchors to ruin a brand’s reputation
After six separate incidents of underwater cables being sabotaged in the Baltic Sea, the German Defense Ministry is wondering if it is wise to buy Chinese wind turbines with all their electronic parts. A new report commissioned for the department not only suggests the government should restrict new turbines, it advises them to call a halt to an existing project.
Hypothetically, China might remotely shut down wind turbines at a key moment, creating crazy price spikes, and industrial havoc (although wind turbines seem quite good at that on their own). But seriously, if wind turbines got a bit more random, or a bit less efficient, would anyone know for sure? And if a market player had that information in advance, they could make out like a bandit — bidding at the right moment, and collecting on all the price spikes. It would be just another way to bleed a country, raise electricity prices, and reduce it’s competitiveness. (But good for business back home, eh? )
Oddly, the Defense analysts seem to worry more that China might delay projects on purpose, […]
8.6 out of 10 based on 18 ratings
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By Jo Nova
Wow. Just Wow. Trump gets elected and Reuters realizes renewable energy is unrealistic
In a rush, at least one opinion writer at Reuters is suddenly saying all the things skeptics have been saying for years: all the things Reuters has hidden from the world about renewable energy.
It is hard to believe, but it’s all there… the naked utter failure of solar and wind to reduce CO2, to reduce oil and gas, and to reduce prices. Edward Chancellor calls it a “resounding failure”. He has the devastating figures, and even the graph showing how countries with more renewables have more expensive electricity. He has another graph of the share market failure of renewables compared to the fossil fuel success, and he uses the words “tumbled” and “soared”. To grind it home, he explains how we just export our manufacturing to China which uses coal (is this news?). He calls Net Zero an “illusion” where we think we lower our emissions but we actually raise them overseas.
There is carnage among the sacred cows…
Climate policy requires a more realistic approach
By Edward Chancellor, Reuters
LONDON, Feb 27 (Reuters Breakingviews) – The pursuit […]
9.3 out of 10 based on 15 ratings
By Jo Nova
People with a good education are hard to fool, which is why the curriculum buries the good stuff until it disappears under a kiloton of culture, engagement and sustainability blah. Then the media (with US government Blob funding) repeats the hypnotic trance line “seas are rising due to climate change” until anyone who was accidentally taught real science, forgets it.
How many children (how many adults) think that sea levels have been the same for a million years? The travesty of 12 years of education is that 99% of people know nothing about 99% of history, and even less about prehistory. Every one of these defenseless souls is so easily fooled into panic attacks about seas rising a millimeter a year. “Unprecedented” they say! Don’t use the hair-dryer!
Willie Soon has some fun in his time machine zipping through ancient Greece and Roman history, where ports were built 6 crazy kilometers from the sea…
As Willie mentioned, it’s awkward that the rise started 100 years before cars, and coal power plants existed.
And after two world wars, 1.5 billion cars and 35 million planes a year, the rate of sea level rise is pretty much […]
8.4 out of 10 based on 12 ratings
By Jo Nova
If CO2 isn’t endangering lives, legally, there’s no reason to outlaw oil and gas
Marc Morano of ClimateDepot calls this the “holy grail” of the climate agenda. Most of the climate policies of the United States depend on “the Endangerment Finding”– so President Trump asked the new EPA head to look closely at it. This is the “finding” in 2009 that CO2 endangers the public, and that in turn means the EPA must regulate this “pollutant”. Thereby becoming the perfect excuse to allow the bureaucrats to regulate cars, trucks, planes, gas stoves and anything from hair dryers to home insulation.
The new EPA head just finished his 30 day consideration and recommends the Whitehouse rewrite the past conclusion entirely.
Ann Carlson of LegalPlanet says undoing the Endangerment Finding …”would mean full-blown warfare against all things climate.” She describes how the entire bureaucratic edifice crumbles if CO2 is not a pollutant:
If the Administration were to reverse the endangerment finding, greenhouse gases would no longer need to be regulated under the Clean Air Act. Presumably, EPA would then simply move to revoke all of Biden’s major climate rules regulating cars, trucks, power plants, and oil […]
8.4 out of 10 based on 17 ratings
Henan S88 Expressway Photo by Windmemories
By Jo Nova
Does this look like a country that cares about carbon emissions?
President Xi said he would “strictly control” coal power from 2021 to 2025, and he has strictly controlled… a huge increase in coal power.
President Xi: — Reuters (April 2021) –“We will strictly limit the increase in coal consumption over the 14th five-year plan period (2021-2025) and phase it down in the 15th five-year plan period (2026-2030),” he said.
But nobody cares either:
China’s 2024 coal power construction hits 10-year high, researchers say
SINGAPORE, Feb 13 (Reuters) – China started construction on 94.5 gigawatts of coal-fired power in 2024, the highest volume of new builds since 2015, hampering the country’s transition away from fossil fuels, researchers said…
The surge came despite a record-breaking increase in renewable capacity last year and could make it harder to connect clean power to the grid, said the report, published by CREA and the Global Energy Monitor (GEM) think tank.
China also promised its emissions will peak in 2030, right when a whole squadron of these new plants will have barely started operation. But it’s OK because […]
9.2 out of 10 based on 11 ratings
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By Jo Nova
The iconic 120 year old company shares fall as rumors of a takeover spread
BP has lost a quarter of its share value in the last two weeks. The fall started when company profits turned out to be just $9 billion, down from $14b a year ago and $28b in 2022. As The Telegraph reports, “BP’s shareholders had realized that the green spending they supported in 2020 had halved their dividends.” But Shell, Chevron, and Exxon — the other oil giants — they were all doing much better.
Twenty years ago BP changed its branding to “Beyond Petroleum”*. By 2020 the company was hellbent on getting there. Suicidally, the oil company pledged to reduce their own oil production by 40% by 2030, (which did nothing except help all their competitors) and promised to pivot into renewable power. BP set itself a target to increase renewables generation by a factor of twenty this decade. The media gushed — “BP Shuns Fossil Fuels“, said Politico. BP supposedly shone a light on “stranded oil and gas”!
Thus and verily, in mid 2020, with exquisite timing, BP management leapt headlong in the magical energy pit. They were […]
7.1 out of 10 based on 12 ratings
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By Jo Nova
Wake up Patsy States! Trump dumps “climate change” and creates a *Council of National Energy Dominance*
Donald Trump is not wasting time unpacking the mess. In a blockbuster sweep he’s ordered the Department of Homeland Security (DHS) to immediately “stop work connected to climate change” and eliminate “climate-related terms” across the agency, and to the “maximum extent permitted by the law”. Homeland Security is supposed to be guarding the USA against terrorists, hackers, disasters and other threats, so this is a major refocusing exercise for an agency that was wandering in the dark trying to hold back the sea, and prevent droughts and floods with windmills and LED lights.
The DHS was set up in response to the Sept 11 terrorist attacks, so it was only 22 years old, yet it had already mutated into an agency that that was “working to inform the American people about climate-related risks, including extreme heat, flooding, wildfire, and drought, and to provide them with clear information about how to reduce those risks. ” In other words, it was a walking-talking scare machine to squeeze more money out of taxpayers to feed The Big Government Blob. The official webpage […]
8.5 out of 10 based on 12 ratings
By Jo Nova
Just another $20 billion dollars for the Climate Swamp
The New EPA chief has just tracked down another $2 billion handed out to a 2-bit nothing climate entity at the last minute. It’s only a tiny part of the Monster Swamp but it captures the spirit of bald-faced looting that was The US bloated Government.
The US voters voted to cut government spending on November 5th, so the obvious thing for Democrats to do was — the exact opposite. In the last days of the Biden pillage-n-steal campaign about $20 billion dollars was “allocated” to the EPA and parked in a bank account. Presumably in the hope of keeping the NGO activists of “climate” alive through the dark days of Trumpian hell. It may also have been a way to pay off friends, or stash funds for nice post-Trump career opportunities, who knows? But it was all a bit of a panic and the aid was jetting out through a fire hose. So much so, that, one community group with only a $100 in revenue, was given two whole billion dollars.
New York Post
The funds were set aside at an outside financial […]
8.8 out of 10 based on 18 ratings
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JoNova A science presenter, writer, speaker & former TV host; author of The Skeptic's Handbook (over 200,000 copies distributed & available in 15 languages).
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