Sterling Burnettnotes that the Biden Administration’s placing of climate change at its policy centre means it will need to compromise with China on Hong Kong, Taiwan, Uighers etc. But to ensure continued economic growth, China will only adopt cosmetic anti-coal policies.
The Biden administration has restored the Obama requirements thatmajor project proposalsbe examined in the context of their effect on greenhouse gas emissions. It is creating a number of new senior climate change positions including inTreasury.
A paper fromJoseph Stiglitz and Lord Stern, chair of the Grantham Research Institute on Climate Change and the Environment, suggest the social cost of carbon (i.e. the carbon tax) should be $100 per ton, a figure that they argue is, unlike the $8 per ton used by the Trump Administration, not just made up.Bidenhas announced a figure of $51 per ton, while Obama used $60 per ton. That of Australia’s Gillard government in 2013 was $US ~15 per ton.
Although the US, EU and UK have all indicated support for carbon border taxes, theUKhas now formally rejected the notion. It did not feature in the recent G7 meeting of major nations.
Climate change and energy policies
InTexas, cold weather and storms knocked out half of the windfarms that supply 23 per cent of the state’s electricity leading to blackouts covering 75 per cent of the state.
Some commentators blamed gas unavailability
But the story told by the data shows a collapse in wind availability, a small fall in coal and nuclear and an increase in gas.
Tucker Carlsonexcoriated the wind/solar supporting elites for supporting less efficient, more expensive and unreliable energy. TheWall Street Journalencapsulate the issue as “the paradox of the left’s climate agenda: The less we use fossil fuels, the more we need them.” But PresidentBidenhas put reduction in greenhouse gas emissions from coal and gas at the centre of US foreign and domestic policy, though theGuardianworries that some $1.9 trillion of investments planned by state owned hydrocarbon businesses could frustrate the Administration’s goal of suppressing fossil fuels.
John Constable, pointing out thatMr. Biden wishes to “double” offshore wind in the U.S. by 2030, shows claims of falling costs are false and that new UK offshore wind requires subsidies that are four times the electricity wholesale price.
It became more expensive to build offshore UK windfarms between 2000 and 2010, in part due to the move to deeper waters. Since then, costs have remained in the range £3–5m/MW. Advocates claim costs are falling but this is not borne out by the evidence collected byAndrew Montfordof the Global Warming Policy Foundation.
John Kerry claimed that there will be more and better paid new green jobs than the coal jobs they replace but the pro-BidenWashington Postgave the statement “2 Pinocchios”; green jobs pay on average 15 per cent less than coal jobs and replace only one fifth of those lost.
The UK Government had set aside£2 billionin £5,000 grants for people to improve their homes’ energy efficiency; only 15 per cent was utilised and the scheme is to be discontinued.
Germany, where renewable policies have brought very high electricity prices is considering scrapping consumer subsidies, "Large institutional investors are desperate for the opportunity to invest in green, sustainable bonds," it’s just that they want subsidies to do so!Germany’s RWE is suing theDutch Governmentfor $2 billion in compensation for forcing the closure by 2030 of a coal plant built in 2015 with Government encouragement. Germany’s coal phase out is 8 years later and is said to include appropriate compensation.
The Australian Government is establishing yet anothersubsidyto shore up the devastating effect on the electricity grid caused by government policies. The scheme’s $1bGrid Reliability Fundhas already bankrolled a major battery system, which I coveredhere. The fund may also invest in gas (but not, as some MPs want, coal) to allow renewables to work
The Indian Government has re-asserted support forcoal, claiming it is the "backbone of the country" and is rapidly expanding domestic production.Russia, the world’s fourth-biggest carbon emitter, also has no plan to transition away from fossil fuels,
Mexico, a third world leader in emissions suppression, following renewables having caused a grid collapse in December is now shifting to coal and gas with less wind and solar.
Researchers at theKarlsruhe Institute for Technology(KIT) in Germany showed that the lockdowns imposed by COVID-19, reduced CO2 emissions worldwide by 8% in 2020, but measurements so far have revealed no CO2 decrease in the atmosphere. The study said that reaching the Paris Accord goal of limiting global warming to 1.5 degrees Celsius would require an additional 2020 reduction every year to 2030.
Paul Homewoodexamines the data about climate emergencies published by the US National Centers for Climate Emergency. Not only does he reproduce this data to demonstrate no increase in US hurricanes but he tracks and inflation-adjusts the costs of damage showing the average cost per hurricane to have risen from $3bn to $5.7bn, which provides ‘strong evidence that it is increasing wealth which is driving the rising cost of disasters, not the impact of climate.’
TheUN’s environmental synthesisreport, “Making Peace With Nature: A scientific blueprint to tackle the climate, biodiversity and pollution emergencies”has a Foreword bythe UN Secretary-General claiming, “Humanity is waging war on nature” with the consequences “already apparent in human suffering, towering economic losses and the accelerating erosion of life on Earth”. The alarmist report calls for “reducing per capita consumption and production in some regions and human population growth in others”.
UN climate chief,Patricia Espinosa,is displeased. She says, “Collectively, updated national targets will only reduce emissions 0.5% by 2030 from 2010, far from the 45% scientists say is needed to hold warming to 1.5C”. A study by theUniversity of Washingtongives only a 5 per cent chance of existing Paris Agreement commitments limiting global warming to below the goal of 2 degrees above pre-industrial levels.
The Atlantic meridional overturning circulation (AMOC) was thought to be weakening as a result of greenhouse gases affecting salinity. The outcome of this would be a fall in temperatures. A newstudyhas refuted previous evidence of any modern weakening.
27 February was International Polar Bear Day. TheBBCfeatures WWF agitprop about a climate change-induced fragility of the species, while zoologist Dr.Susan Crockfordexplains that population surveys and the scientific literature don’t support such a conclusion.
With Glasgow to host the 26th Climate Change Conference theScotsmanshows us “a more sustainable” approach to cooking and eating.
The infection’s tentacles know no bounds!Tottenham Hotspurhas agreed a deal for VivoPower International as the soccer club moves towards becoming net zero carbon.
Articlesrelating to Climate Change published in February: