Dr. Steve Koonin has written an excellent book titled Unsettled. Dr. Koonin was an Undersecretary for Science in the US Department of Energy under President Obama. In Unsettled, Dr. Koonin identifies "The Science" of climate change, which is different than the actual science. The actual science is largely ignored, while The Science is what you see espoused by climate activists and reported by the media.
Dr. Koonin states, "The net economic impact of human-induced climate change will be minimal through at least the end of this century. Contrast that with the $150 trillion Bank of America says "net zero" will cost over 30-years.
What this article says about banks is true not only for banks. The whole ESG theory is that businesses should disclose their risks from climate change.
Unless the business insures coastal real estate the risks over the foreseeable future are highly speculative, trivial and may be positive rather than negative. The real risk is from government climate policies.
But these policies are subject to rapid change as escalating energy costs foster a rapid backlash. All that glitters isn’t green, or renewable.
I think Mr. Shellenberger hits several nails on the head with this piece, thank you, Sir.
Climatologist Dr. Tim Ball won a many year, multi $million case vs one of the chief frauds pushing this farce. Put Ball defeats Mann in the search box at the website he co-founded:
This repeats the beating handed out to loud-mouthed liar Al Gore by Lord Christopher Monckton. There are 60 lies and exaggerations, splitting 25/35 in Gore's film.
We are in an 8,000 year cooling trend, likely to result in a mini "Ice Age" now to 2050.
Bankers will always be with us and they will always find a way to make a profit.
It is kind of odd to claim that Stayer's charitable donations are driven by self-interest. I have met him and I believe that he is sincere in his beliefs.
I have not read Shelllenberger's book on climate change though it is on my shelf. There is at least a few months of reading ahead of it though, so I won't be getting to it anytime soon. I don't want to belabor points that he has no doubt covered. But I will put in some facts. I have reason to believe that these are reliable sources, please correct me:
Other regions and countries like China, India and Africa are rapidly industrializing and will have to get the energy to do so from some source. So far, that has been mostly coal.
The scientific consensus is that humans are causing global warming, though how much is up for debate:
Having done > 20 years in lower Manhattan , now having exchanged my view of the tide going up and down on the base of the Brooklyn Bridge for watching the weather on the little bump of Pikes Peak here in the Colorado Front Range , I feel the disconnect with reality is most severe in the urban population centers , which , unfortunately dominate the popular conversation and vote .
Dr. Steve Koonin has written an excellent book titled Unsettled. Dr. Koonin was an Undersecretary for Science in the US Department of Energy under President Obama. In Unsettled, Dr. Koonin identifies "The Science" of climate change, which is different than the actual science. The actual science is largely ignored, while The Science is what you see espoused by climate activists and reported by the media.
Dr. Koonin states, "The net economic impact of human-induced climate change will be minimal through at least the end of this century. Contrast that with the $150 trillion Bank of America says "net zero" will cost over 30-years.
Unsettled is a must read book. https://www.unsettledsciencebook.com/
What this article says about banks is true not only for banks. The whole ESG theory is that businesses should disclose their risks from climate change.
Unless the business insures coastal real estate the risks over the foreseeable future are highly speculative, trivial and may be positive rather than negative. The real risk is from government climate policies.
But these policies are subject to rapid change as escalating energy costs foster a rapid backlash. All that glitters isn’t green, or renewable.
I think Mr. Shellenberger hits several nails on the head with this piece, thank you, Sir.
Climatologist Dr. Tim Ball won a many year, multi $million case vs one of the chief frauds pushing this farce. Put Ball defeats Mann in the search box at the website he co-founded:
principia-scientific.com dedicated to truth in science.
This repeats the beating handed out to loud-mouthed liar Al Gore by Lord Christopher Monckton. There are 60 lies and exaggerations, splitting 25/35 in Gore's film.
We are in an 8,000 year cooling trend, likely to result in a mini "Ice Age" now to 2050.
electoverse.net or .org
We shall be deliberately supremely unprepared with unreliables.
Two books: Human Caused Global Warming The Biggest Deception In History.
Ideal primer for the layman: only 121 well illustrated pages reveals all.
Dr. Tim Ball names names, as this fine article does. And reveals motives:
Depopulation, De-industrialism & A One World Govt.
Heaven And Earth Global Warming: The Missing Science by Geology Prof. Ian Plimer.
This is no easy weekend must read: 500+ pages, 2,000+ references,this book goes deeply into
the realities of climate change.
John Doran.
Bankers will always be with us and they will always find a way to make a profit.
It is kind of odd to claim that Stayer's charitable donations are driven by self-interest. I have met him and I believe that he is sincere in his beliefs.
I have not read Shelllenberger's book on climate change though it is on my shelf. There is at least a few months of reading ahead of it though, so I won't be getting to it anytime soon. I don't want to belabor points that he has no doubt covered. But I will put in some facts. I have reason to believe that these are reliable sources, please correct me:
https://ourworldindata.org/co2-emissions
That shows that C0^2 emissions are on a pretty steep upward trajectory. The US is using less now:
https://www.statista.com/statistics/183943/us-carbon-dioxide-emissions-from-1999/
Other regions and countries like China, India and Africa are rapidly industrializing and will have to get the energy to do so from some source. So far, that has been mostly coal.
The scientific consensus is that humans are causing global warming, though how much is up for debate:
https://climate.nasa.gov/scientific-consensus/
The future is very hard to estimate and the quality of the geophysical atmospheric models isn't that great.
Very good . Will be linked in my https://cosy.com/ blog .
Having done > 20 years in lower Manhattan , now having exchanged my view of the tide going up and down on the base of the Brooklyn Bridge for watching the weather on the little bump of Pikes Peak here in the Colorado Front Range , I feel the disconnect with reality is most severe in the urban population centers , which , unfortunately dominate the popular conversation and vote .
Great post, sir. Hope all is well!