From The GWPF via Dr. Benny Peiser
Sagging carbon prices lost nearly 14% of their value yesterday (2 April) as recession and a warm winter sparked a predicted 2.6% drop in carbon emissions from the 10,000 installations covered by the EU’s Emissions Trading System (ETS) last year. The already-depressed carbon price dived from €7 to a record low of €6.14 by early afternoon.–EurActiv, 3 April 2012
An internal General Motors strategy paper reveals that the US automaker wants to close its plants in Western Europe and transfer production to low-cost countries. The document means that the future looks bleak for Opel’s plant in Bochum and Vauxhall’s factory in Ellesmere Port. –Dietmar Hawranek, Spiegel Online, 27 March 2012
The British government, although not yet ready to say so, has finally rejected the bogus economics of climate change or, more likely, it always knew the figures didn’t add up but is now desperate for the internationally competitive cheap energy needed to keep our industrial base from wholesale emigration. –Dominic Lawson, The Sunday Times, 1 April 2012
Q-Cells, once the world’s biggest maker of solar panels, is filing for bankruptcy. The German firm says it has abandoned an attempt to refinance its debts and will file for insolvency on Tuesday. Like other solar panel makers, Q-Cells has been hit by falling prices and last year the firm lost 846m euros ($1.1bn; £702m). The company started in 2001 with 19 staff and now employs more than 2,000 workers. —BBC News, 2 April 2012
China has already cancelled orders for 35 European Airbus A330 jets, and is threatening to cancel on 10 more. India has just banned its airlines from submitting any carbon emission data by the EU’s March 31 deadline. In February, the two Asian giants, along with 21 other countries including the United States, signed up to the Moscow Declaration, a strategic blueprint for global trade ‘war’. It has a single aim: to make sure the EU’s Airline Tax never gets off the ground. –Peter Glover, Energy Tribune, 30 March 2012
Middle East will go back to being an obscure backwater. It will attract scant attention in future, not because the region will have run out of oil — it will have found much more — but because the rest of the world will also be awash in oil. –Lawrence Solomon, Financial Post, 31 March 2012
The dividing line between creative writing and climate science – sometimes thin – has been triumphantly dissolved. A new postgraduate course at the University of East Anglia hopes to bring together “researchers in the environmental sciences, philosophy, history and literature to develop new ways of thinking about environmental change and social transitions”. And put that thermometer down. If you have experience writing “eco-poetry”, then the UEA wants to hear from you. UEA, the heart of the Climategate emails, already runs a project in “eco poetry” aimed at primary school children, intended to “stimulate and strengthen children’s environmental awareness”. It isn’t cheap, though. The course costs £5,000 for UK students and £11,900 for overseas students. –Andrew Orlowski, The Register, 2 April 2012
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Isnt the UK forced carbon trading scheme due to come into effect I beleive they are setting carbon at £12 per tonne, all councils have to comply and have to participate in the scheme. The mony raised was to be divvied up to the top achieving participants however the treasury is now keeping all the money raised.
Gray skies are gonna clear up
Put on a happy face!
Brush off the clouds and cheer up
Put on a happy face!
Sleepy Register sub-ed must have filed this story a day late.
“The British government, although not yet ready to say so, has finally rejected the bogus economics of climate change or, more likely, it always knew the figures didn’t add up but is now desperate for the internationally competitive cheap energy needed to keep our industrial base from wholesale emigration. –Dominic Lawson, The Sunday Times, 1 April 2012”
Unfortunately I suspect this one may be an inadvertent April Fool gag. As far as I can tell our government is demonstrating a similar level of economic illiteracy to the previous encumbents. When they show some kind of support for fracking along the NW coast I might start to believe.
From The Register’s article:
“And Hulme is nothing if not ambitious:
“The idea of climate change is so plastic, it can be deployed across many of our human projects and can serve many of our psychological, ethical, and spiritual needs.”
He certainly has a way with words.”
Reminds me of this (read with a few grains of salt):
http://www.renewamerica.com/columns/fischer/120331
Mainly #’s 1,2,5,8,9,10.
Middle East will go back to being an obscure backwater.
Which means that without autocratic rulers, these countries will be more than likely run by the mad mullahs eager to export their ideal of theocracy to the west.
Most interesting bit there for me was the idea that we might be entering an Oil Boom. That would certainly shake up the world, not to mention doing wonders for the economy. I just wonder what sort of hoops the greens will jump through to try and repress this Technology. I think this could be their Waterloo, the Oil is too badly needed and valuable and spread out over too much of the world to restrict this extraction method unless they can come up with some very serious and concrete problems with it.
It’s snowing over here in the UK too, quite chilly.
Wow, without even mentioning Solyndra, one can clearly see the solar industry crumbling.
http://suyts.wordpress.com/2012/04/03/ber-successful-solar-industry-collapsing/
“Middle East will go back to being an obscure backwater. “……. only if we actually drill/mine the oil that we find. We’re going to have to rid ourselves of the econuts first.
“The dividing line between creative writing and climate science – sometimes thin – has been triumphantly dissolved.”…… I’ve never really been able to discern if they were seriously that vapid or if they were just evil. I’ll keep an eye out for a change in the writing style.
lol, there’s still a carbon market?
Unfortunately, Portugal led the way… We had to be intervened by the IMF and Europe. Now, others will follow! Please record what I wrote almost a year ago: http://ecotretas.blogspot.pt/2011/04/dark-economy-inside-perspective.html
Very interesting is also what Jorge Moreira da Silva, one of the eurocrats behind European’s carbon economy, and recently named nº 2 of the ruling party here in Portugal, said some years ago:
“conditions are created that Climatic Change and the Kyoto Protocol are no longer only theoretical items but will constitute in future an important pillar in economic and environmental politics. The Carbon Economy is born. Those who are able to produce with less greenhouse gas emission will be the winners.”
and
“Jorge Moreira da Silva, who is steering a bill through the parliament which will cap industrial emissions of carbon dioxide (CO2), said Europe would have to pay to cut the emissions seen as a contributor to global warming but the EU could show the world it can be done without bankrupting the economy.”
Definitely, he didn’t get it right!
@Peter,
I think you, and Mr. Solomon, have underestimated the amount of money that those Middle East countries plan to spend this election cycle, re-electing Obama and other reliable anti-domestic oil politicians.
And just where do outfits like WWF, NRDC, Greenpeace, et. al. get their funding?
Mr Squid says:
“Sleepy Register sub-ed must have filed this story a day late.”
I understand they spent a day rolling on the floor laughing their asses off and missed their dealine…
The first billion pound carbon capture scheme scheme didn’t work.
http://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-15371258
So let’s try another billion pound carbon capture scheme.
http://www.bbc.co.uk/news/science-environment-17586596
Sorry, but the stupid is simply overwhelming. The bunch of morons forming what laughably passes as our government is unaware that the world is changing rapidly and that they are being left a long way behind, bankrupting the country all the while with their expensive green dreams.
If you should need any further evidence of the breathtaking arrogance and condescending attitude of the last Labour government’s stance on climate change, then Leo Hickman’s latest effort is a must read. UK taxpayers money spent to “educate” Texan policy makers. Leo’s headline its truly impressive the way it gets the main story completely arse over tits:
Rick Perry criticises UK initiative to influence US climate sceptics
A warm winter, really? AFAIK around here February was the coldest since 1931.
Developing fuels to replace oil depletion to sustain transport and food production will overrule all other strategies. See:
IMPACT OF THE PEAKING OF WORLD OIL PRODUCTION ON THE GLOBAL BALANCE OF POWER, by Lieutenant Colonel GS Pascal Eggen, 91 pages. MASTER OF MILITARY ART AND SCIENCE THESIS, U.S. Army Command and General Staff College
Abstract:
Eggen cites Roberts:
I see catastrophic anthropogenic global warming (CAGW) as epitomizing the hubris that we can massively change climate, naive idealism demonizing coal, leveraged by alarmism and funding feedback. With crude oil having leveled off in 2005, we are now rapidly transitioning from “idealism” to realism as the economy experiences the consequences of high oil prices. We will soon progress to “realism” and “offensive realism” with shortages of available fuel and a crash program to develop alternative fuels from other “heavier” hydrocarbons (heavy oil, bitumen, kerogen, & coal) and sustainable sources.
Lawson’s article states: “Germany, where almost half the world’s solar energy is produced — in a country with just an hour of sun on an average December day — is now drastically cutting back […] And which energy source is ecologically correct Germany now developing faster than any other? Lignite, otherwise known as brown coal, the most carbon- intensive fuel known to modern man.”
Bummer. If they’d told us sooner, we wouldn’t have spent all our money buying their “windmills” and PV panels. Maybe they won’t bother getting them back? Few years of use, almost new?
I briefly misread “eco-poetry” as “eco-poverty”. I think I’ll keep that error as a useful encapsulation of the problem.
The terrible economics of alternative energy are finally hitting people and governments between the eyes. The coruption and dishonesty associated with the religion of leftist climate science is also sinking in to peoples minds. The finding of massive recoverable oil and gas deposits around the globe can give people a feeling of security that affordable energy will be available for at least a hundred years or more. By then, I suspect a physics breakthough will solve an eventual post oil and gas world acceptable for everyone.
We have some fire-sale coal deposits here in the US the EU might want to consider if they REALLY want to buy something substantively “carbon”.
Or not.
How an industry so heavily subsidized by the tax payers can fail so badly escapes me. It would seem people ‘just aren’t getting the message’ that this is the way of the future. That is the subsidy-fail-subsidy-fail cycle….not the ‘solar is better’ idea because it is CLEARLY not. But hey, it’s not THEIR money they’re flushing down the toilet so it doesn’t matter. And at least they are TRYING to save the world, unlike the dirty coal/gas/petroleum industry which is sustaining electricity (and human lives) throughout the world.
Maybe carbon traders are getting nervous after reading that even the IPCC is no longer supportive of their charade:
http://www.washingtontimes.com/news/2012/apr/2/abrupt-climate-change-reversal/
Reality bites!
Check out the BishopHill blog for a thread with lots of good eco-poetry.
http://www.bishop-hill.net/blog/2012/3/29/hulmes-new-climate-course.html
😉
If you click on the link to the Sunday Times you only get today’s issue. To get the Dominic Lawson April 1 article follow this link:
http://thegwpf.org/opinion-pros-a-cons/5352-dominic-lawson-britain-has-finally-rejected-the-bogus-economics-of-climate-change.html