When it comes to climate change, China talks about reducing emissions but keeps building coal plants. So why are environmental groups so soft on China? Francis Menton explains on the Manhattan Contrarian. He notes what two leading environmental groups say about China (and there are more examples): Environmental Defense Fund, “Why China is at the…
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The Costs of Moving Away from Fossil Fuel
While American investors like Larry Fink of BlackRock are trying to get companies to account for the potential risks of climate change (such as costly drought and flooding), European investors want major companies to disclose the financial impact of the Paris Climate Agreement. In other words, the move to renewable energy—mandated by the Paris agreement—has…
‘Follow the Science’? What If the Science Is Eugenics?
Whether it is Covid-19 or climate change, we keep hearing that we must “follow the science.” With Covid-19 it’s evident that we need to be wary. The science can change as we learn more. One day the science tells us the virus rests for hours on surfaces; the next day we learn that it is…
Once Again, the New York Times Overstates the Impact of Climate Change
On November 10, The New York Times wrote:”[T]here is broad agreement on one thing: Global warming is changing storms.” And, “there’s a solid scientific consensus that hurricanes are becoming more powerful.” No, says Sterling Burnett at Climate Realism: “In the story, the Times substitutes speculation by a few climate alarmists for facts.” “The 2020 hurricane…
When the Wind Doesn’t Blow . . . Coal Steps In
The United Kingdom’s growing reliance on renewable energy may be setting it up for electricity shortages. For two days (Nov. 4 and 5), the UK ‘s margin of electricity was dangerously low, says John Constable of the Global Warming Policy Forum. The National Grid (which manages supply) had to bring in one of the country’s…
What in the World Are Net-Zero Carbon Emissions?
They are all the rage in corporate America and on Wall Street. The idea is to express your commitment to ecological goals through decisions that reduce carbon dioxide emissions in order to reduce global warming. Morgan Stanley, a leading investment bank, has just committed itself to “net-zero financed emissions by 2050,” And “net-zero carbon emissions”…