Asia snubs IEA’s call to stop new fossil fuel investments

Reposted from NOT A LOT OF PEOPLE KNOW THAT

MAY 20, 2021

By Paul Homewood 

Harrabin’s little dream did not last long then!

image

Asian energy officials on Wednesday disputed the International Energy Agency’s (IEA) call for no new oil, natural gas and coal investments for the world to be able to reach net-zero carbon emissions by 2050, viewing that approach as too narrow.

The IEA, which has previously championed the oil and gas industry, this week outlined a path to net-zero emissions that suggested stopping new investments in oil, gas and coal supply, retiring coal-fired plants in advanced economies by 2030, and banning sales of new internal combustion engine cars by 2035.

Energy companies in Australia, the biggest carbon emitter per capita among the world’s richest nations, and officials in Japan and the Philippines said there were many ways to get to net zero, even as the IEA said its pathway was “the most technically feasible, cost-effective and socially acceptable”.

Akihisa Matsuda, the deputy director of international affairs at Japan’s Ministry of Economy, Trade and Industry (METI), said the government has no plans to immediately stop oil, gas and coal investments.

“The report provides one suggestion as to how the world can reduce greenhouse gas emissions to net zero by 2050, but it is not necessarily in line with the Japanese government’s policy,” he said.

“Japan needs to protect its energy security including a stable supply of electricity, so we will balance this with our goal of becoming carbon neutral by 2050.”

Japan was the region’s third-largest carbon emitter in 2019, after China and India, according to the BP Statistical Review of Energy.

‘NO ONE SIZE FITS ALL’

Australia’s top oil and gas industry and mining lobby groups said there was “no one size fits all” for decarbonisation.

“The IEA report doesn’t take into account future negative emission technologies and offsets from outside the energy sector — two things that are likely to happen and will allow vital and necessary future development of oil and gas fields,” Australian Petroleum Production and Exploration Association Chief Executive Andrew McConville said.

Australia’s top independent gas producer, Woodside Petroleum (WPL.AX), said it still aims to make a final investment decision for an $11 billion investment to develop a new gas field off Western Australia in late 2021.

“For its part, Woodside is working with its customers, all of whom are in countries that have committed to net zero, to ensure we can supply them with the energy they are seeking in order to achieve their decarbonisation pathways,” a Woodside spokeswoman said.

Australia on Wednesday committed A$600 million ($467 million) in taxpayer funds to build a new gas-fired power station to back up wind and solar power, which Energy Minister Angus Taylor said was a pragmatic move. read more

In the Philippines, where coal is set to be the dominant power source for years even after a ban on new coal plant proposals, Energy Secretary Alfonso Cusi said the energy transition should be “fuel and technology-neutral”.

Cutting finance for oil, gas and coal without considering efficiency and competitiveness would “set back the Philippines’ aspiration to join the ranks of upper middle-income countries,” he said.

While the world is moving to renewable energy, demand for coal is still expected to be strong in the next few decades as some countries are still building new coal-fired power plants, said Hendra Sinadia, executive director at Indonesia Coal Mining Association.

https://www.reuters.com/business/energy/asia-snubs-ieas-call-stop-new-fossil-fuel-investments-2021-05-19/?mc_cid=bd78d89ed6&mc_eid=4961da7cb1

Only the other day, I questioned what planet Roger Harrabin was living on, after he and Matt McGrath has deferentially covered this IEA report, as if the rest of the world were going to take the slightest notice. Now we know it is not this one!

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ResourceGuy
May 21, 2021 6:07 am

OPEC needs to defund the IEA.

Reply to  ResourceGuy
May 21, 2021 6:15 am

The IEA (and let’s include Greta) is in bad need of CO2 therapy … https://www.youtube.com/watch?v=Xcc5-ApXFm8

Reply to  ResourceGuy
May 21, 2021 6:24 am

The only means any government entity posesses to enforce its edicts arise from the consent (implicit or explicit) of the governed. This climate nonsense only progresses because we allow it by continulally affirming our consent to be governed by feckless leaders who won’t challenge the junk science.

Robertvd
Reply to  ResourceGuy
May 21, 2021 7:43 am

Only rich people can afford this nonsense. With the world past bankruptcy printing digital money won’t do the trick financing this progressive/socialist Big Brother system. Without a real economy everything will fall to pieces sooner than most think is possible.

2hotel9
May 21, 2021 6:21 am

All the Asian countries want is America’s money. They now can get it without producing and selling products, they hold out their hand and Faux Joe Xiden loads them up. Then they take that money and build more coal and gas fired plants. Quite the little grift and it is working like a charm.

Gordo
Reply to  2hotel9
May 21, 2021 6:44 am

Mate
It happens that Asia had plenty of their own money, so not sure where you are coming from. Note also that they actually produce and export much of what we consume

2hotel9
Reply to  Gordo
May 21, 2021 7:00 am

Then why are they all lined up to get all that free money? Oh, yea, free money. All this environtard crap is meant to drag America down and bleed us, and apparently you are all for that. Good job, buddy.

dk_
Reply to  Gordo
May 21, 2021 8:13 am

Thanks, Gordo. You’ve put it much more gracefully than I feel capable of at the moment. Stereotype is also a tool used for propaganda.
Cheers!

Tom Abbott
Reply to  Gordo
May 22, 2021 4:38 am

“It happens that Asia had plenty of their own money”

The Biden family is well aware of this. I understand Hunter Biden is still in business with the Chicoms.

Reply to  2hotel9
May 21, 2021 6:44 am

“Quite the little grift and it is working like a charm.”

Who’s the grifter – the Asian countries that use fossil fuels to produce the goods we presumably crave, the US regulatory apparatus that confounds production of said goods in this country, or the Federal Reserve that makes it all possible by conjuring “America’s money” out of thin air?

PS – US regulatory apparatus and Federal Reserve are synonymous terms.

2hotel9
Reply to  Frank from NoVA
May 21, 2021 7:06 am

The grifters are the political left, they are using the lie of climate blahblah to feed our money to every other country on the planet, all the while crippling our energy production, manufacturing and agriculture industries. Stripping leftist scumbags out of our government is the first step America has to take to end this shyt. And now they control election systems so voting them out is no longer an option. Fayette County was not the only place there were problems Tuesday, every county using Dominion Voting System machines had the same problem. Leftism is a cancer and it is killing America.

Alan the Brit
Reply to  2hotel9
May 21, 2021 10:23 am

Global wealth redistribution, AKA Socialism, & the destruction of the democratic free-enterprise west!!!! Simples!!! I seem to recall that it was Emperor Caligula said, “I wish the people had but one head!”. The EU are still sucking up to that dictator Putin, they want the natural gas, they couldn’t give a tinkers’ cuss whether it’s conventionally drilled or fracked natural gas!!! I’ve lost count of the number of times I’ve quizzed an anti-frack loon, friend or foe, when they have no idea about where & when fracking was first ever undertaken, (it was Texas back in 1945 was it not???). It’s a drilling technique Britain adopted & has been sanctioning ever since we started extracting oil & gas from the sea-bed beneath the North Sea in the 1960s!!! Please, my Virginian colonialist friends, correct me if I’m wrong, but didn’t one Barak Obama pledge all possible American technical assistance to Brazil when their huge (bigger than the Saudis) oil/gas fields off their Atlantic coast??? Hypocrisy or what??? Oh & can anyone hear a nasty gurgling sound as the oil/gas has started to run out in the Middle East, as predicted 40 years ago by the most esteemed scientists of the day???

I seem to recall reading a paper on Stalin a few years back, in which he “politely & gently”, asked his scientists to investigate oil & gas, & after a few short years, & probably many “re-education” exercises later, said scientists, some who studied meteorites, concluded that oil wasn’t a fossil fuel at all, but a mineral based fuel!!!! I wonder whose oil/gas industry has gone from strength to strength ever since??? Just saying! HAGWE guy/gals!

griff
May 21, 2021 6:24 am

some countries in Asia? Increasingly fewer…

In the last year Japan, Vietnam, S Korea, the Philippines and Bangladesh have cancelled/reduced coal power plans.

Adding in proposed project cancellations in Indonesia, GEM estimates that the coal power pipeline in South and Southeast Asia’s four major emerging economies may have dropped by as much as 62GW in 2020. That leaves just 25GW under development, an 80% decline from just five years ago. 

Coal development continues to collapse elsewhere in Asia, GEM suggests, with Bangladesh, the Philippines, Vietnam and Indonesia announcing plans to cut up to 62GW of planned coal power. GEM researchers estimate that these closures would leave 25.2GW of coal power capacity remaining in pre-construction phase in the four countries – a massive 80 per cent reduction from the 125.5GW that was planned there just five years ago, in 2015.

It is really just China, with a reduced level of investment in India

David Streeter
Reply to  griff
May 21, 2021 7:19 am

If any nation is reducing coal use it is due to the availability of less expensive natural gas.

commieBob
Reply to  griff
May 21, 2021 7:21 am

And yet we have this from the story above …

In the Philippines, where coal is set to be the dominant power source for years even after a ban on new coal plant proposals, Energy Secretary Alfonso Cusi said the energy transition should be “fuel and technology-neutral”.

We’ll see how long the ban lasts. If they become desperate for more electricity and coal is the only viable solution, the ban will quickly be forgotten.

Reply to  griff
May 21, 2021 7:29 am

Griff, surely by now you can recognize virtual signaling, its your thing.
Announcing a hiatus while the pressure is on and there is free money on offer to do so is smart politics.
Once they conclude wind and solar are a joke, the power plants will be back on the table.

Our job should be to ensure they are gas or nuclear powered, assuming CO2 is an issue

Bryan A
Reply to  Pat from Kerbob
May 21, 2021 10:36 am

If CO2 was the real problem, the zealots WOULD be pushing for reliable affordable Nuclear.
But since the issue is actually TRANSFORMATION from Industrialized Capitalism to Agrarian Socialism/Communism CO2 is just the control knob

Abolition Man
Reply to  Pat from Kerbob
May 21, 2021 2:52 pm

Pat,
The griffter actually doesn’t think he is virtue signaling; he really believes that he is “speaking truth to power” when he parrots the latest talking points or data cherries of the Church of Climastrology! I imagine that he sees the equivalent of a celestial choir singing him songs of praise when he regurgitates his spew!
Unfortunately, HIS choir is made up of blue-haired femi-Nazis, and the usual soyboy Pantifa and BuyLargeMansions protestors. You know, the ones who believe that most minorities are too stupid and lazy to get an ID to vote; even though they need one to drive, fly, buy liquor or cash a paycheck! Just think of the cacophony produced by so many bitter, angry and envious throats; Mozart’s Requiem it definitely ain’t!

Reply to  griff
May 21, 2021 7:39 am

“In the last year Japan, Vietnam, S Korea, the Philippines and Bangladesh have cancelled/reduced coal power plans.”

Grift,

When ascertaining preferences, it’s not what people say they are going to do, but what they actually do that’s meaningful. For example, I had planned to be a USD billionaire by the time I was 30, but that didn’t come to pass. With that in mind, rather than spewing gibberish, why don’t you start with a base year and let us know what types of energy capacity have actually been built in each these countries by year?

Also, when you repeatedly use acronyms, e.g., GEM, it’s only polite to provide a reference.

Anon
Reply to  griff
May 21, 2021 8:06 am

Now that we have seen the “adjusted” State press release:

Are Japan and South Korea Serious About Ending Coal Financing in Southeast Asia?

It will still require dedicated policy advocacy and human agency to compel vested corporate and financial giants to make hard choices on coal that work against their self-interest. Right now they are saying the right things, but revisiting the composition of JBIC and other big lenders’ loan portfolios a few years from now will tell us whether this was really a game changer or just a PR move.

https://thediplomat.com/2021/02/are-japan-and-south-korea-serious-about-ending-coal-financing-in-southeast-asia/

Wen it comes to meeting State targets, people are quite ingenious, even in totalitarian societies:

Khrushchev announced a goal of overtaking the United States in the production of milk, meat, and butter. Local officials kept Khrushchev happy with unrealistic pledges of production. These goals were met by farmers who slaughtered their breeding herds and by purchasing meat at state stores, then reselling it back to the government, artificially increasing recorded production.

But don’t look at the State numbers too closely, lest you end up like Michael Moore, et.al. Best stick to sites like desmogblog and live in oblivious happiness: During the second five-year plan Stalin came up with another famous slogan in 1935: “Life has become better, life has become more cheerful.” (lol)

RoHa
Reply to  griff
May 21, 2021 9:59 pm

“Just” China?

2hotel9
Reply to  griff
May 22, 2021 5:43 am

All the same lies. That is all you got.

May 21, 2021 6:30 am

Meanwhile, Europe and North America will continue their suicidal path to becomming net free by 2050.

Lance Flake
Reply to  Joseph Zorzin
May 21, 2021 6:53 am

Only until it becomes political suicide, then they’ll flip-flop and deny they ever supported this nonsense

Richard Page
Reply to  Lance Flake
May 21, 2021 12:55 pm

Unless USA becomes locked into that ‘climate leadership’ lunacy and stubbornly refuses to alter course. The Democrats certainly appear to be that blinkered.

dk_
May 21, 2021 6:50 am

Charles,
I wasn’t sure what planet they were on, either. I looked at the Harribin piece, and am pretty sure he’s just writing what he is told. A modern day Duranty, sure to win a prize.

You should review the Aus gas power plant article linked in the original you’ve posted above. Energy Minister Angus Taylor may just be my hero for the day.

Ron Long
May 21, 2021 6:57 am

If “Asia” is still building coal-fired electricity generation plants, and putting more CO2 into the air, I am all for it. Because, as I sit in my upstairs office, looking out at the foothills (Andes foothills, western Argentina) I see a fresh coating of snow, and also see, via television, that the tunnel/pass to Chile is closed due to an intense snowstorm. Sure, “Asia” gets a win/win from this deal, they enjoy low-cost electricity and the western countries intentionally damage their economy, especially as regards production. Who is Biden going to support? Here’s a clue: not Israel.

Peter W
Reply to  Ron Long
May 21, 2021 7:25 am

I have said this before, and I will say it again. The reality is that we are heading for the next ice age. This will significantly reduce our crop-growing areas. The increase in CO2 will help to offset that problem by increasing plant growth. More CO2 in our atmosphere is the best thing we can do to ensure our survival.

May 21, 2021 7:26 am

My Grandma told me to listen politely to what people say but watch carefully what they do.

Abolition Man
Reply to  Shoki Kaneda
May 21, 2021 2:58 pm

Shoki,
Wise grandparents are a treasure that cannot be replaced; maybe that’s why so many DemoKKKrat governors went out of their way to kill them last year! People that actually lived through and remember the past are a hindrance to Communists trying to erase it!

Bruce Cobb
May 21, 2021 7:35 am

Asian energy officials on Wednesday disputed the International Energy Agency’s (IEA) call for no new oil, natural gas and coal investments for the world to be able to reach net-zero carbon emissions by 2050, viewing that approach as too narrow.

“Too narrow”? How about mind-numbingly crazy stupid?

D. J. Hawkins
Reply to  Bruce Cobb
May 21, 2021 8:00 am

It isn’t clear who, exactly, is meant by “Asian energy officials”, but in Japanese culture, face is everything. Saying “no” is considered impolite. Rather “That will be very difficult” is the reply. It means the same thing. So, hear for “too narrow” you could translate that as “laughably ridiculous.”

Bruce Cobb
Reply to  D. J. Hawkins
May 21, 2021 11:58 am

It is all so passive aggressive. They should say what they mean.

Tom Abbott
Reply to  Bruce Cobb
May 22, 2021 4:50 am

“Too narrow”? How about mind-numbingly crazy stupid?”

I like your description better. 🙂

Gary Pearse
May 21, 2021 7:47 am

Hence, my thesis that Ive been pushing for a several years: CO2 is going to continue ever upward no matter what the West thinks. That they do not know this yet is pathetic. They have squandered leadership, moral suasiveness and respect.

To win the hearts and minds of people now is an easy task for sceptics. Forget the science. It has been sidetracked. But the fact that we will be redoubling CO2, it is a no-brainer that virtually everyone can understand. Accord is dead

michel
May 21, 2021 8:25 am

Ars Technica

This is Ars trying to explain to its readers why Wind, which is of course great and going to save the world from Global Warming, if only the fossil fuel lobbyists would stop misinforming everyone, was not responsible for the Texas breakdown:

Wind turbines were a factor, but only a small one. Wind in Texas doesn’t produce as much power in the winter, and regulators don’t typically rely on wind turbines to provide significant amounts of power. Instead, regulators anticipated that natural gas and coal power plants would meet demand.

Only on Ars. The reason why wind was not a factor in the crash is that no-one was counting on it to produce any electricity anyway!

No, they installed it like the Easter Islanders installed their monuments. For show!

Trying to Play Nice
Reply to  michel
May 21, 2021 9:17 am

Does that mean that when Texas gets rid of gas, oil and coal it will not have electricity in the winter? What about states farther north? They aren’t saying much to further the cause.

michel
Reply to  Trying to Play Nice
May 21, 2021 5:36 pm

This is Ars Technica on climate. It, along with the NYT, the Guardian and the BBC, is filled with writers who can hold contradictory ideas in their heads at the same time and believe both of them, as long as its about climate.

Yes, what you say is pretty much the implication, but they manage also to believe the opposite. They are saying that the failure of wind could not have caused much of a problem because everyone knows it doesn’t generate enough to make much difference.

But they also think it is super important to install more wind because its getting cheaper than conventional all the time, its zero emission, and installing it will mean we don’t need any conventional, because intermittency is no longer a factor, and doing this will save the planet.

So they manage at the same time to believe that wind power can deliver all the power Texas needs, all year round and that it delivers so little that when it goes off line no-one should really notice.

What do they say when? Well it depends what you are arguing. If someone says that wind failing was a very bad thing, you reply that it doesn’t generate anything important so what did it matter? This is when people are blaming wind for the outage.

If someone says that intermittency makes wind useless you say that its not a factor any more, without explaining why.

If its a matter of energy policy, you say that various places on one or two days or weeks has got half or all of its generation from wind and solar, and so this shows it can be and is being done, and we don’t need conventional any more.

If someone puts the two together and says that it cannot at the same time be generating too little in winter for its failure to make any difference AND be able to supply all the electricity we need year round?

You cancel them.

This is how it was in the former Soviet Union, and its how life is now among the intellectual elite of America. There was some years back a long running play in London called ‘No Sex Please We’re British’.

There is a long running play in California and New York now. Its called ‘Stop making sense, we’re American’.

Tom Abbott
Reply to  Trying to Play Nice
May 22, 2021 5:03 am

“Does that mean that when Texas gets rid of gas, oil and coal it will not have electricity in the winter?”

That’s what it sounds like to me. When the wind doesn’t blow, windmills don’t produce electricity. Sometimes, the wind doesn’t blow in Texas.

“What about states farther north? They aren’t saying much to further the cause.”

Oklahoma has just started an official inquiry into the cause of rolling blackouts in Oklahoma during the February arctic cold spell. Since Oklahoma is a member of the Southwest Power Pool, I assume the investigation will cover the SPP, too, at least as far as it concerns Oklahoma.

Oklahoma had something like 250 windmills before the cold blast, a small number compared to Texas, and during the arctic front, only 22 were operational. We don’t yet know why the others were not working, and I hear that windmills in other parts of the SPP were also not working during this time, so maybe the Oklahoma investigation will shed some light on all these things. It seems the windmill companies are very reluctant to give up some of their data, for some reason.

The February arctic cold front cost Oklahomans an extra $4.5 billion for electricity during this cold 10-day period, which is about two or three times the normal amount paid for a whole year’s worth of electricity in Oklahoma.

n.n
May 21, 2021 8:34 am

Intermittent/renewables vs hydrocarbon reliables. The value of the former presume the sustainability of sociopolitical myths and obfuscation.

May 21, 2021 8:46 am

China and India are doing the right thing – the Western anti-CO2 policies are suicidal in a cooling world.

Allan MacRae published in the Calgary Herald on September 1, 2002, based on communication with Dr Tim Patterson:
 
3. “If [as we believe] solar activity is the main driver of surface temperature rather than CO2, we should begin the next cooling period by 2020 to 2030.”
 
MacRae updated his global cooling prediction in 2013, based on cold events that occurred starting circa 2008 near the end of Solar Cycle 23:
 
3a. “I suggest global cooling starts by 2020 or sooner. Bundle up.”
 
In 2019, expert meteorologist Joseph D’Aleo and I co-authored a paper describing the late planting in 2018 and 2019 and the huge Great Plains crop failure of 2019 due to cold, wet weather.
THE REAL CLIMATE CRISIS IS NOT GLOBAL WARMING, IT IS COOLING, AND IT MAY HAVE ALREADY STARTED  October 27, 2019
Planting was ~one month across the Great Plains of North America for crop years 2018 and 2019. In 2018 the growing season was warm and the crop recovered, but in 2019 there was a huge crop failure across the Great Plains. In 2019 fully 30% of the huge USA corn crop was never planted because of wet ground. Much of the grain crop across the Great Plains was severely harmed because of early cold and snow in the Fall.

We saw these very-cold weather patterns due to the instability of the polar vortex at the end of SC23 circa 2008, and this enabled me in 2013 to re-calibrate our 2002 global cooling prediction from “2020-2030” to “2020 or sooner”, at the end of much weaker SC24. A huge crop failure across the Great Plains of North America occurred in 2019. Now we have this brutal winter and very cold spring in 2020-2021. Nailed it.

Crop losses are already significant this year. Worrisome.

Best regards, Allan
 
Meanwhile, back at the ranch…

COLORADO BREAKS MULTIPLE COLD RECORDS + DENVER SUFFERS ITS SECOND-LONGEST SNOWFALL SEASON SINCE RECORDS BEGAN
May 12, 2021 Cap Allon
You’d forgive CO residents for thinking the climate was actually cooling!–But I’m sure they know better than to trust their own eyes and real-world observations — after all, it’s those ‘supercomputer-generated’ climate models that dictate reality, not natural variability, not the Sun… (sarc!).
 
CENTRAL RUSSIA EXPERIENCES RECORD SPRING SNOW, AS CRIMEA SUFFERS EXCEPTIONALLY COLD APRIL
April 30, 2021 Cap Allon
Global warming’ continues to be demonized by the IPCC, the MSM, and those hokey pop-scientists, yet heat has only-ever proved beneficial for life on our planet — it’s the cold that gets us.
 
EARLY-SEASON BLIZZARDS HIT AUSTRALIA + A POWERFUL POLAR OUTBREAK IN THE FORECAST
May 13, 2021 Cap Allon
In recent years, Australia’s climate has been changing — for the cooler and wetter. And early-season snows have become far more common. #GrandSolarMinimum
 
HISTORIC COLD SPREADS ACROSS THE U.S. BREAKING LOW TEMPERATURE RECORDS FROM THE 1800S
May 13, 2021 Cap Allon
Plus, Europe looks set for more unprecedented lows and historic late-May snows. Bundle up. Spring 2021 is a no show.
With the official start of summer less than 40 days away, an unseasonably cold air mass is currently gripping large areas of the United States, dropping temperatures some 25 degrees F below seasonal averages.
As reported by CNN weather, these temperatures are more in line with what you should expect in mid-March, not mid-May.

1

U.S. HAS SET 17,450 NEW LOW TEMPERATURE RECORDS THIS YEAR VS 13,886 HIGH + SINABUNG EXPLODES INTO THE STRATOSPHERE
May 17, 2021 Cap Allon
Furthermore, the U.S. ALL TIME records summary reveals that 223 new unprecedented, never-before-observed low temperature benchmarks have been busted this year, versus the solitary 1 for all-time record highs. This disparity between cold records and hot records has only been increasing in the month of May.
Told you so, 19 years ago…   Nailed it.
 
FIVE MAJOR DATASETS SHOW GLOBAL COOLING, AS CARBON BRIEF IS CAUGHT LYING TO THE PUBLIC
May 17, 2021 Cap Allon
Climate Change headlines are built around narratives, not facts. Most sheeple are easily fooled by illogically-linear charts and phony correlations.
The Global Lower Tropospheric Temperature Anomaly has cooled 0.64C in 14 months, from an anomaly of +0.59C in February 2020 to only -0.05C in April 2021.
 
RECORD BREAKING COLD BLASTS AUSTRALIA AND CANADA: “GLOBAL” COOLING
May 20, 2021 Cap Allon
Arctic air continues to descend unusually-far south, while Antarctic air continues to ride anomalously-far north. The culprit is low solar activity, namely its weakening of the jet streams, and the upshot is COOLING across the lower-latitudes (where us humans reside).
Not since the year 1967 has Sydney experienced a colder streak in May.
In Kamloops and the Okanagan, British Columbia, record-breaking overnight lows for this date were logged.
 
DELHI, INDIA SUFFERS COLDEST MAY DAY IN 70 YEARS + EARTH HAS COOLED 0.8C SINCE 2016
May 20, 2021 Cap Allon 
This COOLING trend is expected to accelerate over the coming months and years as the Sun continues its relative shutdown. Prepare for the Grand Solar Minimum.

Reply to  ALLAN MACRAE
May 21, 2021 11:00 am

Allan
I’m conflicted because I want you to be right, to finally bin alarmism, and I want you to be wrong as I don’t want to spend the last few decades of my life in a cooling world

Reply to  Pat from kerbob
May 21, 2021 11:32 am

I agree Pat – I’m getting old and hate the cold.

Abolition Man
Reply to  Pat from kerbob
May 21, 2021 3:10 pm

Pat,
Cold weather can be dealt with fairly effectively with modern technology. Of course, it would require ALL the energy forms available to keep us thriving through an extended glacial period, and dealing with the lose of most temperate grain growing regions would be a real problem for feeding humanity, but there are solutions!
Just think of it as a lifelong ski trip! I recommend warm beverages like an Irish Coffee or a Peppermint Patty; then sit back and enjoy viewing the ski bunnies!

Reply to  ALLAN MACRAE
May 21, 2021 3:11 pm

A cooling planet would indicate that the rising water vapor trend is not causing enough warming to compensate for the declining solar. Last TPW report from NASA/RSS was Jan 2021. Long term WV trend has been up; short term trend (since 2016) has been down.

Reply to  Dan Pangburn
May 22, 2021 4:12 am

Hi Dan – hope you and yours are all well.
Re your family: The Covid-19 vaccines are more dangerous than the disease, imo.
I conclude that both our countries are now governed by scoundrels and imbeciles.
We live in traitorous times – the CCP is running the show, here and in the USA.

You might find this scientific comment of interest – in moderation now:
https://wattsupwiththat.com/2021/05/20/claim-most-people-think-climate-change-is-serious-but-other-problems-are-more-important/#comment-3251460

Comments from my latest paper – we’ve been too nice for too long – “No Prisoners!”
____________________________________

The ability to predict is the best objective measure of scientific and technical competence.

Climate doomsters have a perfect NEGATIVE predictive track record – every very-scary climate prediction, of the ~80 they have made since 1970, has FAILED TO HAPPEN.
 
“Rode and Fischbeck, professor of Social & Decision Sciences and Engineering & Public Policy, collected 79 predictions of climate-caused apocalypse going back to the first Earth Day in 1970. With the passage of time, many of these forecasts have since expired; the dates have come and gone uneventfully. In fact, 48 (61%) of the predictions have already expired as of the end of 2020.”

To end 2020, the climate doomsters were proved wrong in their scary climate predictions 48 times – at 50:50 odds for each prediction, that’s like flipping a coin 48 times and losing every time! The probability of that being mere random stupidity is 1 in 281 trillion! It’s not just global warming scientists being stupid.
 
These climate doomsters were not telling the truth – they displayed a dishonest bias in their analyses that caused these extremely improbable falsehoods, these frauds.
 
There is a powerful logic that says no rational person or group could be this wrong for this long – they followed a corrupt agenda – in fact, they knew they were lying.
 
The global warming alarmists have a NO predictive track record – they have been 100% wrong about every scary climate prediction – nobody should believe them.
 
The radical greens have NO credibility, make that NEGATIVE credibility – their core competence is propaganda, the fabrication of false alarm.

Source:
CLIMATE CHANGE, COVID-19, AND THE GREAT RESET
A Climate, Energy and Covid Primer for Politicians and Media
By Allan M.R. MacRae, Published May 8, 2021 UPDATE 1e
Download the WORD file
https://thsresearch.files.wordpress.com/2021/05/climate-change-covid-19-and-the-great-reset-update-1e-readonly.docx

Tom Abbott
Reply to  ALLAN MACRAE
May 22, 2021 5:13 am

“The ability to predict is the best objective measure of scientific and technical competence.

Climate doomsters have a perfect NEGATIVE predictive track record – every very-scary climate prediction, of the ~80 they have made since 1970, has FAILED TO HAPPEN.”

How can this not be devastating for the Human-caused Climate Change/Global Warming narrative?

If they get it wrong every time, that means they had it wrong all along. Next!

Reply to  Tom Abbott
May 22, 2021 11:37 am

Correct Tom – the fact that the warmists are still believed is a measure of the incredible stupidity of the average person – and half of the them are stupider than that…. (George Carlin)

Coeur de Lion
May 21, 2021 8:51 am

We don’t make enough about the overriding pointlessness of decarbondioxidation. CO2 does not control the climate. 30 years of 2ppm a year will continue whatever the Paris Agreement says. Without China, the agreement fails. So. President Xi promises net zero by 2060 (!!!!! ) and the Left love him and Paris survives to wreck our economies. China watches gleefully.

Tom Abbott
Reply to  Coeur de Lion
May 22, 2021 5:15 am

Our enemies can’t believe their luck!

griff
May 21, 2021 9:38 am

News just in:

The world’s richest nations have agreed to end their financial support for coal development overseas, in a major step towards phasing out the dirtiest fossil fuel.

After nearly two days of wrangling at a meeting of the G7 environment and energy ministers, hosted virtually by the UK on Thursday and Friday, all reaffirmed their commitment to limiting global heating to 1.5C, and committed to phasing out coal and fully decarbonising their energy sectors in the 2030s.

Coeur de Lion
Reply to  griff
May 21, 2021 10:00 am

Hullo Griff. I think it’s racist to deny those without electricity their coal fired power stations. Are you taking up my Arctic Ice bet this year? You’d have won in 2020!

Reply to  griff
May 21, 2021 11:07 am

So people in poor countries won’t have the opportunity to better themselves

#EnvironmentalColonialism

Reply to  griff
May 21, 2021 11:40 am

Hi Griff, I’m pretty sure the world has warmed 2 degrees C since the English CET started being recorded. Do you think that the G7 has made the right decision by reaffirming their commitment? Interested, as you left out your thoughts on the issue.

LdB
Reply to  griff
May 21, 2021 3:39 pm

Oh yeah that will stop it …. and in news just in flying pigs and unicorns have been spotted flying around G7 nations.

EdB
Reply to  griff
May 21, 2021 5:31 pm

That means all the coal plants will be financed and built by China. Kaching!

Guess who in the White House is a lackey of China?

Tom Abbott
Reply to  EdB
May 22, 2021 5:16 am

All of them?

David Wojick
May 21, 2021 12:09 pm

For the children: A dreadful picture of bird chopping windmills.
Tax dollars at work. See and weep.

https://tinyurl.com/eukzxfjt

Please share this terrible picture of the truth. Unlike AGW, this risk is real.

May 21, 2021 3:54 pm

Mostly out of curiosity, I made a cost estimate for a coal plant in the US using data from https://www.eia.gov/analysis/studies/powerplants/capitalcost/pdf/capital_cost_AEO2020.pdf
 
Installation: $3.676E6/MW * 650MW = $2.39E9
Fixed O&M: $40.55/kWyr * 650E3kW * 50yr = $1.32E9
Variable O&M: $4.50/MWh * 650 MW * 0.4383E6h = $1.28E9
Assume plant efficiency = 50%
Coal cost $38.53/2000 lb * 1 lb/.4536 kg * 1kg/7.52kwh en /.5e= $0.0113/kwh elec
           $30.93 at the mine
Fuel $.0113/kwh elec * .4383E6 h * 650E3 kw * .85 = $2.74E9
Life cycle cost = $(2.39+1.32+1.28+2.74)E9 = $7.73E9
Life revenue = .85 * 650E3 kw * .4383E6 h * $.03/kwh = $7.26E9
 
Because most of the cost is for labor, locations where labor rates are lower could find this financially attractive.
Scrubbers for SO2 & Nox should be considered mandatory. Carbon capture and sequestration is profoundly ignorant.

May 21, 2021 5:33 pm

The Time Of Clean Coal Is Now Here: https://youtu.be/RQRQ7S92_lo