Guest essay by Eric Worrall
Despite green claims that renewables are now the cheapest form of energy, according to the UN the renewable revolution simply won’t happen without billions of dollars of sustained international financial support.
UN blasts world leaders for failing to seal £72bn-a-year deal on climate
Financial aid ‘critical’ to help developing countries limit fossil fuels – and make Cop26 a success, says UN
Toby Helm & Robin McKie
Sun 20 Jun 2021 19.30 AESTThe head of climate change at the UN has warned that world leaders are still “far away” from securing a deal to limit the disastrous effects of global heating, with less than five months to go before a key summit in Glasgow.
Time is now running out, said Patricia Espinosa, who was formerly foreign minister of Mexico but now leads the UN on climate policy. She told the Observer that although advances had been made at the G7 meeting in Cornwall last weekend, progress had not been made on honouring past commitments to find $100bn (£72.5bn) a year to help developing countries invest in green technologies.
“We’re still very far away from being fully confident of having a full success at Cop26,” she said. The UN climate conference, opening on 31 October in Glasgow, is considered to be of special importance in the battle against global warming, which is now melting ice sheets, raising sea levels, destroying coral reefs and disrupting weather systems across the planet.
…
Read more: https://www.theguardian.com/environment/2021/jun/20/un-blasts-world-leaders-for-failing-to-seal-72bn-a-year-deal-on-climate
Compare the government funded monstrosity the UN is trying to assemble to a genuine energy revolution.
… When a clean-burning kerosene lamp invented by Michael Dietz appeared on the market in 1857, its effect on the whaling industry was immediate. Kerosene, known in those days at “Coal Oil”, was easy to produce, cheap, smelled better than animal-based fuels when burned, and did not spoil on the shelf as whale oil did. The public abandoned whale oil lamps almost overnight. By 1860, at least 30 kerosene plants were in production in the United States, and whale oil was ultimately driven off the market. When sperm oil dropped to 40 cents a gallon in 1895, due to lack of demand, refined petroleum, which was very much in demand, sold for less than 7 cents a gallon. …
Read more: http://www.sjvgeology.org/history/whales.html
If renewable energy was genuinely the more affordable option, it would be like the kerosene / whale oil revolution all over again. Nobody would be demanding handouts to switch to renewables. People would be flocking to renewables of their own free will.
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Nuclear took a Manhattan Program to totally revolutionize energy. That was a government program, a crash program. Not cheap.
Fusion requires the same commitment. The R&D spinoffs are beyond reckoning.
The UN must push a World Health System with the same commitment. Otherwise we will never stop Corona if poverty prevents vaccination – it will just be a permanent reservoir of mutating variants.
So the UN has a major role to play.
Mark Carney as UN Climate advisor, ex Bank of England chief, is well known to be pushing the Great Reset of his mentor Prince Charles. This is subversion of the UN by central banks. See any interview with Carney recently.
It sure looks like he is going for Trudeaus job, cancelling pipelines there.
Note BlackRock is fully onboard for the Great Reset. Bankers believe desperately this will save their everything bubble.
So not only Russia and China are not playing along, even the G7 cannot divvy up! To paraphrase a well known politician – they are NOT in sync!
The sheer desperation of Carney’s crowd is palpable… Where’s my popcorn…
Idiot. Carney is an ‘ex’ employee and alumni of Goldman Sachs and Bank of Canada chief. Along with many ‘ex’ Goldman Sachs employees in Canada, USA and UK they appear to be pushing a purely Goldman Sachs agenda to make indecent amounts of money out of the perceived suffering of the world’s population. In this they are not unlike the UN – one can only speculate as to exactly who is pulling the strings and greasing the skids on this pseudo ponzi scheme but it ain’t Charlie – he’s nowhere near that intelligent. Follow the money and see who stands to gain from raking off a percentage from the top?
Richard
I’ve posted this before.
“Al Gore and David Blood formed Generation Investment Management in 2004.
GenerationIM web site from March 28 2009
http://web.archive.org/web/20090328131153/http://www.generationim.com/sustainability/challenges/pandemics.html
More:-
http://web.archive.org/web/20091123011347/http://www.generationim.com/media/pdf-generation-thematic-research-v13.pdf
Browse the above pages, follow some links for the full effect. Note the references to Global Warming, water and pandemics.”
The trouble is, green energy is more affordable IF YOU INCLUDE THE CLEAN-UP COSTS AND ENVIRONMENTAL DAMAGE from coal and oil.
But the hundreds of billions we’re paying and will pay in environmental damage and strategic complication isn’t included in the cost of fossil fuels at the pump. Like landfill costs, they don’t go into the price and aren’t paid by the companies or users… they’re put on the national credit card and paid by all of us over the next fifty years. At exorbitant rates.
If prices included the externalities, coal would be so expensive nobody even considered using it.
“The trouble is, green energy is more affordable IF YOU INCLUDE THE CLEAN-UP COSTS AND ENVIRONMENTAL DAMAGE from coal and oil.”
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https://wattsupwiththat.com/2018/12/23/solar-panel-waste-a-disposal-problem/
“– The problem of solar panel disposal will explode with full force in two or three decades and wreck the environment because it is a huge amount of waste which is not easy to recycle. 1
– Solar panels create 300 times more toxic waste per unit of energy than do nuclear power plants. If solar and nuclear produce the same amount of electricity over the next 25 years that nuclear produced in 2016, and the wastes are stacked on football fields, the nuclear waste would reach the height of the Leaning Tower of Pisa (53 meters), while the solar waste would reach the height of two Mt. Everests (16 km). 2″
https://wattsupwiththat.com/2019/09/02/solar-energy-badly-harms-the-environment-it-must-be-taxed-not-subsidised/
“But don’t we get huge environmental benefits from solar? Not at all. Instead, solar energy is one of the worst enemies of the environment, even excluding the massive loss of natural habitat. Solar waste is extremely toxic. Michael Shellenberger has found that “solar panels create 300 times more toxic waste per unit of energy than nuclear power plants”.
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Yet Daniel, the environmental movement and the leftist media are pushing solar as though it were a godsend. No mention of the toxic waste, and governments are subsidizing it and mandating so-called “renewables” be in the mix of electricity sources on the grid.
Besides ignoring the toxic waste issue, solar pushers also leave out the cost of batteries (to deal with the intermittency) and fossil fuel plant backups when claiming solar is cheaper.
You want clean energy Daniel? Nuclear Daniel, nuclear.
Daniel
Detail the costs if you would.
The problem with the climate insanity was always that it was impossible to justify the insane amount of money. And, the only way politicians could ever push through the insanity, is if they could con enough people that they were going to be better off with the eye weateringly expensive insanity.
They picked all the easy fruit – they’re given trillions away to selfish Big Green by dreaming up schemes to con the public about which the press never let on were not energy price rises, but massive taxes.
Now, there are no easy fruit. There is no big giveaway of the public’s money that they can hide.
LED light bulbs are a good example of a green technology that is unquestionably superior to what came before. No subsidy is needed to make it the dominant light bulb on the market.
Here is why leds got in :
EU orders greater transparency and quality for light sources – OSRAM Group Website (osram-group.com)
actually.
That 2009 EU was already greenie, but now on steroids – the new proposals will decimate business. Brexit did nothing about this, BoJo is greener than van der Leyen.
But first we had to mandate those useless and destructive VFLs
The climate apologists like to point out that $100B is, relatively speaking, a small amount of money for “rich” countries to cough up on a yearly basis, and they are correct. The response to that argument is twofold: First, the fact that advanced countries can’t even cough up what is essentially peanuts in the grand scheme of things tells us all we need to know about how serious they are about “saving the planet”, and secondly, when perpetrating what is essentially a scheme to prying sums of money from “rich” countries, you want to start off small. Then, once they cave to your demands, you ratchet them up because well, $100B is peanuts. They want the full 6-course meal including the lobster, or else they will sick the Gretamonster on you. Or something.
That $100B is all sizzle no steak. When the devil’s diner invited the rich to dinner maybe they smelt that they were the menu?
Precisely!! If it made sense there would be no need for propaganda, subsidies, “education” or government censorship. People would simply use them. I’ll gladly use solar to power my phone, but it doesn’t make sense on larger scales clearly and obviously.
What would make sense is using that human energy and wasted money to actually improve the lot of humanity. It is high time the masses saw that the ruling class is only in it for themselves and a revolution is required to get back to some sanity.
Oh great! I now envision a ‘green’ world where whale oil fish farms dot ocean fronts around the world as we transition off of our petroleum addiction. 😏
Remember this Rennixx Global Renewables stocks index
Rennixx Global Renewables 18 yrs stocks index disaster
http://www.warwickhughes.com/blog/?p=6741
Negative progress till the election of Biden.
From the article: “The UN climate conference, opening on 31 October in Glasgow, is considered to be of special importance in the battle against [Human-caused] global warming, which is now melting ice sheets, raising sea levels, destroying coral reefs and disrupting weather systems across the planet.”
Lies, lies, lies, and lies.
With UK debt at £33k per head of population, thats 100 k for a family, we are so screwed we will need aid ourselves if interest rates go up. Let alone shelling out a few billion on foreign aid each year, and this climate change joke.
And if Boris thinks his unicorn fantasy world of heat pumps and electric cars is going to happen when we are so laden down with debt he is a fool. There isnt a hope in hell. Especially after people have lost money after housing bubble bursts due to interest rate rises.
Kerosene, an evil fossil fuel, saved the whales from extinction. If you tell that to an “environmentalist” their oversized head will explode.