Study in journal Science: Only 63 of 1,500 Global Climate Policies of Past 25 Years Worked to Reduce CO2 Emissions – A success rate of 4.2%
Sarah Montalbano of IWF: The peer-reviewed study, published August 22, 2024 in the journal Science, reviewed the effects of 1,500 climate policies implemented between 1998 and 2022 across 41 countries using a machine learning algorithm. The model identified significant breaks in carbon dioxide emissions (between 0.6 and 1.8 gigatons of CO2) and associated them with known policy changes.
Via Study Abstract: “We provide a global, systematic ex post evaluation to identify policy combinations that have led to large emission reductions out of 1500 climate policies implemented between 1998 and 2022 across 41 countries from six continents…We identified 63 successful policy interventions with total emission reductions between 0.6 billion and 1.8 billion metric tonnes CO2.”
Only 63 of 1,500 climate policies were associated with any significant break in carbon dioxide emissions. That’s a success rate of 4.2%.
There were no “successful pricing intervention[s] with large emission reductions in the electricity sector of developing economies” despite 13% of studied policies being related to pricing. … The U.S.’ predominant strategy to achieve its green dreams has been subsidies and regulations—to the tune of a projected $1.2 trillion in uncapped Inflation Reduction Act subsidies.
Study author: ‘We find that it’s very rare that [subsidies and regulations] really work in reducing emissions.’
According to The Wall Street Journal: “By searching through the OECD database, which identifies 46 types of policy interventions, the study’s authors found government policymakers prefer subsidies and regulations, according to [Nicolas Koch, senior researcher at the Berlin-based Mercator Research Institute on Global Commons and Climate Change and an author of the study]. “We see a lot of policy packages built around these two policy types, and we find that it’s very rare that they really work in reducing emissions,” Koch said.
Epic Fail: ‘There is NO progress on climate’ – U.S. still consumes 82% of our energy from fossil fuels in 2023 – despite hundreds of billions spent by Biden-Harris – In 2023 world burned more fossil fuels than at any other time in history’
Via the Committee to Unleash Prosperity: Kamala Explains Fracking Flip Flop
There is NO “progress on climate.” Today we get more than 80% of our energy from fossil fuels – which is about exactly where we were five years ago – despite the hundreds of billions spent. …
In 2023 the world burned more fossil fuels than at any other time in history. Here are the facts:
Global energy-related CO2 emissions increased by 1.7%, driven by China and India.
Fossil fuel consumption in 2023 reached a record high, rising by 1.5% to 505 exajoules.
China is by far the world’s largest consumer of primary energy, burning 34% of world consumption 170.7.
Almost no country is meeting their UN anti-fossil fuel targets.
VP nominee Walz ‘signed a bill mandating a 100% carbon-free electricity’ by 2040 in Minnesota
Via In the Pipeline Daily Energy News: https://mailchi.mp/ce115b3763e7/how-to-pump-gas-in-a-blackout?e=02e2394a9b Kamala is running with Walz. Your family, however, will be walking with Walz. Restoration News (8/26/24) reports: “Just call him blackout boy. In 2023, Minnesota Gov. Tim Walz signed a bill into law mandating a 100% carbon-free electricity standard for his state by 2040. That’s a tall […]
Watch: RFK Jr. slams the Democratic Party’s ‘carbon orthodoxy, which ends up benefiting the oil companies & Blackrock and Goldman Sachs’ – ‘Strip mining of the middle class’
Wow: RFK Jr channels Marc Morano in this clip: "….the Democratic Party has one environmental issue which is this carbon orthodoxy, which ends up benefiting the oil companies and Blackrock and Goldman Sachs with offshore wind and hundred billion dollar carbon capture projects,… pic.twitter.com/OgDitJ6yqJ — Tom Nelson (@TomANelson) August 28, 2024