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Former UN IPCC Lead Author Dr. Richard Toll: ‘Abandon emissions targets altogether’ – Explains ‘the money for CO2 removal will go to large multinational companies’

Dr. Richard Tol:  The money for CO2 removal will go to large multinational companies who operate in faraway countries in order to help solve a remote problem. It is hard to get votes for such a subsidy, harder if that subsidy is really large.

Decarbonizing the economy at a more leisurely pace will still require tax reform – but to a much smaller extent, one that is well in line with historical precedent. It would be even better to abandon emissions targets altogether and instead steer climate policy on its cost.

Electric vehicles see value depreciate by nearly 50% in five-year span by Jack Birle, Electric vehicles have depreciated in value more in a five-year span than other major vehicle types, but all vehicle types have been able to hold their value better than four years ago, according to a new report. A report from iSeeCars looked at 1.1 million vehicles sold in the last year, from November 2022 to October 2023, […]

Federal Data Shows, Again, That The Electrify Everything Push Means Higher Energy Costs EIA Winter Fuels Report: heating with electricity will cost 77% more than heating with natural gas; NuScale SMR project gets cancelled By Robert Bryce Some of America’s richest NGOs are pushing policies that ban the direct use of natural gas in homes and businesses. While they claim the ban on gas is needed to […]

New Study touts impact of COVID lockdowns: ‘Recessions & crises result in a permanent…increase in energy efficiency’ & boost renewable energy! – Published in journal Energy Economics

Energy Economics  – Available online 21 October 2023, 107120

Excerpt: “The aim of this paper is to explore the possibility that crises provide a window of opportunity for greener energy and increase the share of renewable energy.” … 

“The empirical analysis confirms that growth slowdowns, including those engendered by pandemics and financial crises, result in a permanent increase in energy efficiency and a corresponding decline in the energy intensity of output, with a disproportionate impact on dirty energy.”

Former EU Parliament Member Nigel Farage got de-banked due to his skeptical ‘stance on climate change…not aligning with’ NatWest bank’s ‘objectives’ – Documents reveal

Image NatWest staff wanted to 'throw milkshake' at Nigel Farage over debanking row, bombshell documents reveal

GB News on Former Member of the European Parliament & Leader of the UK Independence Party (UKIP): 

Farage on GB News: “One of the key reasons I was debanked was over climate change, where they make it absolutely clear. ‘A particular area to consider is NF stance on climate change it does not align with the bank’s purpose or B’Corp ore objectives.’ 
Now you know that B’Core, of course, B’Core– the organization based in America– that puts pressure on both the public and
private sectors to go for a highly politicized agenda.” 

NatWest bank documents obvatined by GB News reveal bank’s admission: “A particular area to consider is NF’s [Nigel Farage’s] stance on climate change — it does not align with the bank’s purpose or B’Corp objectives.” … 

Conversations between bank staff revealed how workers boasted they had ‘driven him out of the country’ … NatWest staff wanted to ‘throw a milkshake’ at Nigel Farage, a new bombshell document uncovered by GB News can reveal. In a subject access request, conversations between bank staff revealed how workers boasted they had ‘driven him out of the country’ after he was banned from having a Coutts account. … 

Former Ukip leader Nigel submitted the subject access request to NatWest, which owns Coutts, unveiling all information the bank holds on him. …  In June [2023], Nigel revealed his bank account had been closed by the Natwest Group with no reason given for the closure. …  Nigel has since switched to Lloyds Bank.

Electric cars risk becoming uninsurable – ‘Difficulty pricing battery repairs forcing insurers to refuse cover’ Net Zero Samizdat 21 October 2023   1) Electric cars risk becoming uninsurable The Daily Telegraph, 21 October 2023 2) Nearly 50% of EV owners chose ICE vehicle for subsequent purchase, S&P Global Mobility study shows RDN News, 19 October 2023 3) Tesla joins GM, Ford in slowing EV factory ramp as demand fears […]

Pope Francis rebukes ‘irresponsible’ USA on climate change compared to China, says world’s at ‘breaking point’ By Danielle Wallace Fox News Pope Francis issued a new call for climate change action on Wednesday, when he slammed the United Stated in particular as “irresponsible” on emissions compared to China. “The world in which we live is collapsing and may be nearing the breaking point,” the pope wrote in the 12-page “Laudate Deum,” which means […]

Analysis: Biden’s billion-dollar oil mistake: Biden hamstrung his country from Day One – ‘Aggressive support for ESG’ – ‘Proxy war against Russia’ & ‘Sabre-rattling approach to China’

ASHLEY RINDSBERG: “What has landed us here is a combination of three of the Biden administration’s signature policies — its aggressive support for ESG, its proxy war against Russia, and its sabre-rattling approach to China. The result is that the US is now in an energy chokehold right when the country needs as many options as possible.” …

“The causes of surging oil prices trace back to structural changes Biden made to the economy, combined with now intractable foreign policy commitments, which, this late in the game, cannot be easily undone.” … 

“Those decisions go back to Biden’s very first day in office. On 20 January 2021, the new president signed an executive order revoking a permit required for the Keystone XL, an extension of an existing pipeline that would have transported an extra 830,000 barrels per day from Canadian oil fields to refineries in Texas. The move had its roots in Biden’s campaign strategy, which positioned Biden as a “climate change pioneer”. According to the text of Biden’s executive order: “The United States and the world face a climate crisis. That crisis must be met with action on a scale and at a speed commensurate with the need to avoid setting the world on a dangerous, potentially catastrophic, climate trajectory.” The Keystone XL pipeline “disserves” American interests, Biden said.

‘Red tape all over the place’: German Finance Minister calls on European Union to pause Net Zero regulations

German Finance Minister Christian Lindner slammed politicians in Brussels for seeking to enact stricter clean energy rules for buildings, warning that such plans could spark a dangerous voter backlash and fuel the rise of the far right.

Speaking to POLITICO during an interview in the garden of the finance ministry in Berlin on Monday, Lindner argued that Europeans are suffering from overregulation — or “red tape all over the place.” He urged European Commission President Ursula von der Leyen to “pause” new EU legislation aimed at curtailing greenhouse gas emissions during a time of economic stagnation wrought in part by high energy costs.