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
Critical Facts Ignored in the Climate Change Debate
Commentary Many Western countries are enacting policies to rapidly transition away from fossil fuels (coal, natural gas, and oil) to less reliable and costly “green” energy sources (mostly wind and solar) while ignoring the critical benefits that hydrocarbons provide. The outcomes will be nothing short of calamitous for more developed countries as their energy industries…
Carbon Dioxide, Blamed for Climate Change, Is Actually Beneficial to Earth and Life: Expert
Carbon dioxide, or CO2, which is characterized as a damaging pollutant by mainstream media and progressive politicians, is hugely beneficial to Earth and life on the planet, an expert has said. Gregory Wrightstone is executive director of the CO2 Coalition, a nonprofit organization with a mission to educate about the role of CO2 in the environment,…
COVID-19 Emergency Powers, Green New Deal Paving Way for ‘Great Reset’ Tyranny: Climate Journalist
COVID-19 restrictions and measures to tackle climate change are pillars of the Great Reset initiative aimed to remake global capitalism, leading ultimately to tyrannical control over societies, according to journalist and former political aide Marc Morano. Morano is the founder of ClimateDepot.com, a clearinghouse of information challenging the global climate change narrative and following developments…
Australian Nationals Split on Net-Zero Commitment
Net-zero and leadership will be two issues discussed by the Nationals party room on the weekend after the regional party successfully withstood the electoral onslaught on May 21 that saw its Coalition partner, the Liberal Party, lose 19 seats. After every election, the Nationals hold a party room meeting to decide their future policy platform…
Net-Zero and ESG Are Worsening the Energy Crisis—and Weakening the West
Commentary The day after President Biden announced that the United States would ban imports of Russian oil and gas, a group of eleven powerful European investment funds that includes Amundi, Europe’s largest asset manager, outlined plans to force Credit Suisse, Switzerland’s second largest bank, to cut its lending to oil and gas companies. The juxtaposition of these two events…
$9.5 Billion in Hydrogen Spending Through Infrastructure Bill Detailed by Department of Energy
The Department of Energy (DoE) has released more details in formal requests for information (RFI) on two major hydrogen energy initiatives funded through last year’s infrastructure bill. The first release concerns an $8 billion program to finance at least four regional hydrogen energy hubs across the United States. The second release concerns both a $1…
Australia Could See Coal Retire Three Times Faster Than Anticipated
Analysis Australia’s accelerating transition to more renewable energy and commitment to reach net-zero emissions by 2050 could see coal power retire three times faster than originally expected. This is the determination made by the Australian Energy Market Operator (AEMO) under its future energy “step change” model, which it argues is the most likely scenario for…
Net-Zero Policies: Taking From the Poor and Giving to the Rich
Commentary It is too often overlooked in all the discussions about the “transition” to a net-zero emissions economy that the most consequential transition is that from democratic capitalism to feudal serfdom. This is the conclusion of American demographer and “blue-collar Democrat” Joel Kotkin, who has highlighted that the supposedly well-intentioned green policies being adopted across…
Australia Must Be Engaged and Involved in Global Climate Policies: Treasury
The Australian Treasury Secretary Steven Kennedy warned that the country must do more to keep up with the global standards on climate change or face increasing scrutiny from financial markets. “There might be aspects that do not align with Australia’s national interest,” Kennedy told a public climate forum hosted by the Centre of Policy Development. “We…
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