Europe’s carmakers, spooked by the imminent mortal threat to profits from European Union (EU) regulations to curb carbon dioxide (CO2) emissions, called for governments to raise subsidies on electric car purchases to stimulate sales.
NYT: Over the past 15 years, Mr. Steyer’s fund, Farallon Capital Management, has pumped hundreds of millions of dollars into companies that operate coal mines and coal-fired power plants from Indonesia to China, records and interviews show. The expected life span of those facilities, some of which may run through 2030, could cloud Mr. Steyer’s image as an environmental savior and the credibility of his clean-energy message, which has won him access to the highest levels of American government. Together, those mines have increased their annual production by about 70 million tons since they received money from the hedge fund, according to corporate records, government data and interviews with industry experts...
That is more than the amount of coal consumed annually by Britain. “I am disappointed, I have to say,” said Dale Jamieson, a professor of environmental studies at New York University, who said he admired Mr. Steyer’s campaign to curb climate change. When it comes to large-scale investments in coal, Professor Jamieson said, “you can’t undo what you’ve done in the past.”
"This is an inevitable result of all this rhetoric and parts of the Green New Deal and the whole climate agenda," states Climate Depot's Marc Morano, a skeptic of catastrophic man-made climate change. "They have been pushing for lifestyle changes with eating; and in New York City, they're now trying to ban hot dogs, processed meats."