The United Nations COP27 climate plan calls on nations to spend eight to ten trillion dollars annually to invest in green energy and rapidly reduce greenhouse gas emissions. Governments, central banks, commercial banks, and investors will have to spend $4 to $6 trillion annually to create a global “low-carbon economy,” according to the COP27 Implementation Plan. Furthermore,…
UN Declaration Calls for as Much as $10 Trillion a Year to Meet Climate Targets
Oil and Gas Emissions Cap Coming to Canada by Next Year, Says Environment Minister
New climate regulations introducing a cap on greenhouse gas emissions (GHGs) from Canada’s oil and gas sector will be introduced by next year, says Environment and Climate Change Minister Steven Guilbeault. “We will have draft regulations maybe by the spring, at the latest in the first half of the year,” Guilbeault told The Canadian Press in an…
Why International Climate Summits Are Doomed to Fail, Part 2: Upward Mobility for Poor Depends on Energy
Commentary Here’s a reality-framing statement for the roughly 190 countries headed to the COP27 climate summit in Egypt that opens on Sunday: Global carbon dioxide emissions in 2022 appear to be higher than pre-pandemic levels, again, and yet, according to the U.N., greenhouse gas emissions must be reduced 43 percent (relative to 2019 levels) by 2030. Why is the…
‘Zero Emissions’ From Electric Vehicles? Here’s Why That Claim Has Zero Basis
As California, New York, and other states move to phase out the sale of gasoline-powered cars, public officials routinely echo the Biden administration’s claim that electric vehicles are a “zero emissions” solution that can significantly mitigate the effects of climate change. Car and energy experts, however, say there is no such thing as a zero-emissions vehicle: For now and the foreseeable future, the…
Joe Toomey’s Searing Indictment of President Biden’s Energy Policies
Commentary With the midterm elections just two weeks away, it seems almost too easy to pick on President Joe Biden. His approval ratings are bad (about 38 percent of those polled approve of his job performance) and candidates from his own party are staying away from him. As ABC News reported recently, “Democrats in make-or-break…
US Farmers Grab the Lobbying Pitchforks as Greens Sow Costly New Reporting Mandates
Echoing conflicts from Sri Lanka to Canada to the Netherlands, tensions between farmers and green-minded government policymakers are building in the United States, where producers are squaring off against a costly proposed federal mandate for greenhouse-gas reporting from corporate supply chains. The U.S. Securities and Exchange Commission in March proposed requiring large corporations, including agribusinesses and food companies, to report…
MLA Booted From Caucus Over Tweet Says Policies of ‘Environmental Elitists’ Are Hurting People, Ignoring Damage
B.C. Liberal MLA John Rustad, who was recently ousted from his party for reposting a tweet that questioned carbon dioxide’s role in climate change, says he did so because the government’s climate policies that revolve around CO2 emissions ignore contrary data and are “intentionally hurting people” by making life unaffordable. A former cabinet minister and…
Federal Government Imposes First-of-Its-Kind Fee on Greenhouse Gas Emissions
Hidden deep within the over 700 pages of the recently passed Inflation Reduction Act (IRA) is a brand-new provision intended to give the Environmental Protection Agency (EPA) power to cut greenhouse gas (GHG) emissions. Specifically, the IRA establishes the “Methane Emission Reduction Program” under a new section in the Clean Air Act, allowing the EPA…
Emission Ceiling for Farming a ‘PR Stunt,’ Irish Lawmaker
The Irish government doesn’t have “one iota of a plan in place at the moment” to help farmers achieve the goal it imposed to reduce 25 percent of greenhouse gas emissions, a rural lawmaker said on Thursday. Despite ministers’ promise that no animal will be culled, TD for Galway East Seán Canney said he doesn’t believe…
Provinces Denounce Feds for Pushing Ahead on Imposing Fertilizer Emission Reductions
Agriculture ministers from several provinces say they’re concerned about the federal government’s plan to reduce fertilizer emissions in the name of climate change at a time when global food security is an issue. A three-day meeting of federal, provincial, and territorial ministers concluded in Saskatoon on July 22 with Saskatchewan, Alberta, and Ontario expressing disappointment…
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