Global warming crusader Al Gore won a Nobel Prize merely for his profit-making activities as a green activist. Here's an idea: If the Nobel committee geniuses really want to reward those who've done the most to reduce greenhouse gas emissions, they should give Gore's Nobel to the U.S. fracking industry.
Ironically, while the U.S. was pilloried for not ratifying the Kyoto Accord (though then-Vice President Al Gore ostentatiously signed it, despite knowing that the Senate wouldn't ratify it) to reduce global greenhouse gas emissions, it is the only major industrial nation actually slashing its output. Since the Kyoto Accord was struck in 1997, (which U.S. did not ratify) Energy Department data show, U.S. output of greenhouse gases plunged 7.3%, even though real U.S. GDP over that time has grown a whopping 52%.
Danish statistician Dr. Bjorn Lomborg, the President of the Copenhagen Consensus Center: 'We will spend at least one hundred trillion dollars in order to reduce the temperature by the end of the century by a grand total of three tenths of one degree...the equivalent of postponing warming by less than four years...Again, that is using the UN's own climate prediction model.'
'If the U.S. delivers for the whole century on the President Obama's very ambitious rhetoric, it would postpone global warming by about eight months at the end of the century.'
'But here is the biggest problem: These miniscule benefits do not come free -- quite the contrary. The cost of the UN Paris climate pact is likely to run 1 to 2 trillion dollars every year.'
The opening paragraph of the article by “Freelance digital reporter” Anmar Frangoul gives a clue as to the sleight of hand being used. Frangoul cites the International Energy Agency (IEA) as reporting that “Renewable energy moved past coal in 2015 to become the biggest source of global electricity capacity.” The key word there is “capacity.” ...What’s noteworthy is that capacity is far different from actual production. In contrast, and as the IEA itself notes, coal provided 40.8 percent of worldwide power generation in 2014. The renewables that Frangoul crows about—defined by the IEA as “geothermal, solar, wind, heat, etc.”—produced only 6.3 percent of all power.