NICK POPE
CONTRIBUTOR
The Biden administration is set to back a plan that would crush the coal industry at the upcoming United Nations (UN) climate summit, Reuters reported on Tuesday.
The U.S. will reportedly support a French plan to get the countries of the world to ban private financing of coal-fired power plants during the upcoming UN conference, known as COP28, according to Reuters. The plan is likely to drive a rift between countries like the U.S. and France and those like China and India, which are reliant on coal to feed their economies cheap and reliable electricity.
The proposed plan would allow the Organization for Economic Co-operation and Development (OECD) to set coal standards for private financing companies that would allow regulators, ratings agencies and non-governmental organizations to track coal financing, according to Reuters. (RELATED: Luxury Concierge Service Offering Private Jet Charters To Next UN Climate Conference)
Sen. Barrasso: At Climate Conference Biden ‘Pledged Allegiance To The Flag Of The United Nations’ Not The United States
https://t.co/yG5sgC1CYL— Daily Caller (@DailyCaller) November 7, 2021
The U.S., the European Union (EU) and Canada had been working together to assemble a strategy for phasing out coal, which they view as the leading threat to achieving international climate targets, according to Reuters. Approximately 73% 0f the electricity consumed in India is generated using coal, according to Reuters, and China permitted an average of two new coal plants each week in 2022, according to analysis conducted by the Centre for Research on Energy and Clean Air.
“France has no coal, so their position banning it is easy. The U.S., on the other hand, has the largest coal reserves— by far— in the world,” Dan Kish, a senior research fellow for the institute for Energy Research, told the Daily Caller News Foundation. “Coal is the leading source of electricity in the world. All this does is make the rest of the world that is trying to get affordable electricity for their people align themselves with China and against the U.S. Uncle Sam is once again made to look like a Dunce under Joe Biden.”
India is reportedly likely to push back against the proposal, or any other proposal to set a deadline for a fossil fuel phase-out, according to Reuters. Indian delegates may reportedly push representatives of developed countries like the U.S. and France to become carbon negative, rather than merely carbon neutral, by 2050 to keep targets within grasp.
Beyond the reported plan to strangle private financing for coal plants, delegates are expected to discuss the shape and stipulations of a so-called “loss and damages” fund, a de facto international climate reparations program, at COP28. Special Presidential Envoy for Climate John Kerry recently suggested that the U.S. will pay “millions” into the fund, a number that many activists and representatives of poorer countries find to be inadequate. China is unlikely to have any significant obligations to the fund because it is classified as a developing country, despite its status as the world’s top emitter and second-largest economy.
COP28 is scheduled to begin on Nov. 30 and run through Dec. 12.
Neither the White House nor the State Department responded immediately to requests for comment.
I had thought that the DemoKKKrat Party was the party of Krime, Korruption and Kover-ups! How was I to know that they would also become the party of Katastrophic Klimate Kollapse!
Fortunately the Repubican Party leadership is holding firmly on to their intention of being forever known as the Stupid Party! I am considering answering their frequent donation requests with directions to Canada and PM Justin Castro’s euthanasia project; I’ll send flowers!
I just decided to join the Libertarian Party. I like watching John Stossel’s videos with his libertarian perspective. The problem so far, however, is that the LP here in WK seems to be not much more than an empty web site. I once emailed them and asked for their net zero policy. All I got back was “we support small government”. duh!
The Libertarian party is pretty hopeless. How can people who are against government in the first place form an effective government?
I think it’s about SMALLER government, not no government. Here in WK I see a HUGE government. The state government here is by far the largest employer- with very high salaries- far higher than most would earn in the real world- and it’s all about nepotism, affirmative action, cronyism- and now it’s become a “feminocracy”. Most agencies are let by ultra woke feminists. They could easily cut it in half and cut the salaries by at least 30% and have a more effective government.
That combined with the problem that if you want to leave the citizens alone, why would you run to head a government whose employees are all about personal power, money – and for few, a weird belief that they know what is best for everybody else. These folk speak of loving diversity, but impose rules based on the belief that everyone has the same needs, has the same drive – and for sure, are inferior to those developing the rules.
You can’t reform government from the outside. If you want to reform government, the first thing you have to do is get into a position of power within government.
Libertarians are not against government. They are NOT anarchists. They are for the limited federal government as set up by the US constitution.
Look at the US Constitution, 7 articles and 27 amendments.
Compare it to your state constitution.
The state constitutions are WAY longer than the US constitution because states have WAY MORE responsibilities then the US government is supposed to have.
Without the ridiculous expansion of the commerce clause by SCOTUS rulings, the US federal government would by 1/5th its current size.
Protect the boarders. Regulate “interstate” commerce. Set up a post office. Specify the TIME of federal elections.
Any powers not SPECIFICALLY enumerated to congress in the Constitution is reserved to the STATES or to the PEOPLE.
Libertarians think that phrase means something. They are primarily of the “do unto others” clan. As long as what YOU do doesn’t hurt others, or cost me MY hard earned money, then OK. Drugs, don’t care as long as I don’t have to pay for YOUR medical expenses or “mental health” costs. Whoring around, don’t care as long as I don’t have to pay to raise YOUR progeny or the cost of your VD. States welfare, they have every right to provide “entitlements” but show me in the actual articles of the Constitution where that is authorized. And NO the Preamble “promote the GENERAL welfare” does not authorize the creation of all the welfare programs enacted by the US Federal Government, it is a PREAMBLE, not authority granting. The granting of actual constitutional authority is in the 7 articles and the amendments.
Just sayn, you have put up a classic Red Herring. Obama like in calling people what you want to call them, not what they are.
““promote the GENERAL welfare”” is what was envisioned by: the Freedoms listed in the First Amendment, I believe.
“promote the general welfare” is a reason given as to why government should exist. It is not a power of government in and of itself.
The Libertarians aren’t against government, they are against big government.
Why do so many people assume that if you are against big government, then you must be an anarchist?
I also find small “L” libertarianism appealing. Unfortunately the RNC and the DNC have, for 100 years, arranged the voting laws in such a way as to systematically disadvantage 3rd parties to the point that it is nearly impossible for a 3rd party to win a national election.
The UniParty (short-hand for Democrat + Republican establishment) is a very powerful and entrenched.
WK (Wokeachusetts) is now a one party state. There is no resistance- it’s futile. There is of course some fighting- over which constituency will get the most loot. When a state Senator gets powerful- all of a sudden you’ll see a new community college in his town or whatever he/she/it wants.
I have never seen the LP have a viable candidate for any office. They seem to have a very hard time focusing their efforts. If the LP nationally would work together to focus on a single state, they might be able to achieve something, but I don’t see that ever happening.
Whenever I think the R/D race is beyond my ability to change the outcome, I vote Libertarian if there is a candidate. I have been doing this for over 40 years.
The 2 party insurance act (federal funding of presidential campaigns) was set up to insure the 2 party system far into the future. To get federal funding (Presidential) a “minor” party must have gotten a minimum of 5% of the vote in the last election.
Vote Libertarian every chance you get. which would be MOST of the time in your one party state.
France may not have much coal but it still consumes quite a bit, although that is reducing thanks to Macron’s plan to end French coal consumption by 2027. This plan to extend Macron’s plan worldwide is unlikely to sit well with other EU states like Germany and Poland where coal consumption is increasing every year.
The French also seem to have discovered how to ignore the pleas of the ignorant Greenies, and have pushed ahead with nuclear generation. What a great example they have set for the rest of the world!
“France has no coal, so their position banning it is easy.”
As the UK was beginning to exploit its oceanic oil and gas resources in the 1980’s France (without oil and gas) also suggested that the EEC (as the EU was then known) should share petroleum resources.
You’ve gotta hand it to the Frogs sometimes. They got balls.
Fortunately, they were sent packing. After suffering the decline in the UK fishing industry following accession to EEC rules, the UK wasn’t about to be taken for a ride in this way again.
Back then we were supposed to “take one for the team”, and often did so.
Government-subsidised factory ships came in from places like Spain and started pillaging fish stocks in traditionally UK waters which they were now allowed to rape until European quotas were imposed on everyone.
A historically naval nation, the decline of the widespread but small-scale UK fishing industry and coastal towns was quite sad to behold.
https://ourworldindata.org/grapher/primary-energy-consumption-by-source?country=~DEU
https://ourworldindata.org/grapher/primary-energy-consumption-by-source?country=~POL
https://ourworldindata.org/grapher/coal-energy-share?tab=chart&country=DEU~POL
The EUSSR really is a mess, isn’t it. Glad we wised up and left it
The funny thing was watching the newly ennobled Lord Cameron of Diddly Squat leading a debate on a deal that could not have been made without Brexit.
Despite all the climate nonsense, there’s always a laugh to be had.
Thanks for showing just how little wind and solar produce in Germany, despite all the massive spending, mandates and the total disruption to its supply grid and destruction of their environment.. !
Glad you like it. Enjoy it while it lasts.
Now you are admitting that this current fad for wind and solar won’t last.
Maybe you do have some slight grasp on reality. !
I agree that the amount of wind and solar production in most of the EU is about to peak and will quickly start to drop.
What those charts fail to show is that total power produced has not decreased, despite Germany’s power consumption falling due to the closure of industry and businesses. If you also add in the interlinks and the power that Germany is supplying to other countries you’d see that your little charts are heavily biased.
Macron is a tin soldier trouble maker, who was, at age 15, seduced by his 40-year-old teacher, who later became his wife. Geeeez
Hello Big Brother, and welcome to the stupid west.
Outside his core competence of selling access through his catspaw Hunter, Ol’ Joe seems heroically inept.
Story tip: Enviva, the world’s largest biomass energy company, is near collapse Mongabay, 20 November 2023
This will be the first proposal to be tabled at COP 28.
The quote says it all, “Coal is the leading source of electricity in the world. All this does is make the rest of the world that is trying to get affordable electricity for their people align themselves with China and against the U.S. Uncle Sam is once again made to look like a Dunce under Joe Biden.” Yawn, business as usual, the demise continues.
The “Out” is the phrase “private finance”. That is, government will be the only player behind the coal industry. Government invests in what will end up being a huge money maker as the “renewables” energy collapses and people scramble for large scale replacements that can’t be made in less than twenty years if ever again (e.g. nuclear). This is how you create State Owned power plants and energy distribution, which comes with the inevitable shortages, and rationing, and rationing based on DEI, the color of your skin (but most likely your Party loyalty).
China will just go along and keep doing what they are doing with no effect, gobbling up one coal producing nation after another. Other countries will quickly rationalize nationalizing their grids – also hastening the economic collapse that follows when diversity hires, Party sinecures and endless grifters and incompetents (ref: people like the entire Biden cabinet and department heads) “run” commerce.
The only people this makes sense to are the Dunning/Kruger bureaucrats who are convinced that only their latent Philosopher King abilities are the key to Utopia.
i.e. Venezuela.
My comment from the previous article bears repeating here:
https://wattsupwiththat.com/2023/11/21/beijings-coal-boom-is-here-to-stay/#comment-3819134
Just in case you missed it.
Follow Oxford’s lead (twinned with New York!)
“”Oxford City Council are going to ban gas hobs and boilers in new homes from 2025 in a bid to become more environmentally friendly. “”
https://www.dailymail.co.uk/news/article-12778513/Oxford-Council-bans-gas-hobs-boilers-new-homes.html
And there are some really stupid people that think the Oxford 15 minute-cities idea won’t be a maximum ghetto/gulag forming exercise.
These totalitarian bureaucratic cretins will do ANYTHING to control their serfs.
That’s socialism…
Sounds like it’s the next step, Marxism. Once you start the Socialism down-hill slide, you end up with Marxism or simple Dictatorship. Don’t go there.
We’ve been flirting with it since 1945.
To really make it stick, whether people like it or not, you need an emergency or crisis…..
The only way to get Marxism is through a dictatorship. Which is why you see those on the left constantly pushing for government to have more power over everything.
“Follow Oxford’s lead (twinned with New York!)”
Well…Oxford’s lead is not dissimilar to dog’s lead.
[Nearly off-topically, I grew up in a rival town about the same the travel time from Oxford as New York is from Philadelphia, my birth place]
If they don’t have the courage to defy a UN ruling, they MUST develop the courage to resign from the UN so that all IN rulings can be ignored. The new New Zealand government certainly needs to find some courage, and very very quickly!
Recent events in Israel show how despicable the UN has become. The UN has never been more than a sideshow, at best. Today it is a totally corrupt kleptocracy bent on creating a one world, Marxist government, with themselves at the helm.
Any country can veto a UN proposal so this one is just silly political posturing.
Not correct. Only the 5 member nations on the security council can veto a UN proposal. All other nations just have a single vote in the general council.
Interesting after the previous item, “Beijing’s Coal Boom Is Here to Stay”
My money is on China
Coal’s share (%) of total primary energy consumption and the absolute amount energy from coal consumed in terajoules (TJ) in 2022.
Sorted by TJ.
Data source:
https://www.energyinst.org/statistical-review
Coal’s share (%) of total primary energy consumption and the absolute amount energy from coal consumed in terajoules (TJ) in 2022.
Sorted by percentage.
Data source:
https://www.energyinst.org/statistical-review
Just how is a ban on lending to totally legal activity supposed to occur? You’ll just empower foreign banks who will suck up capital to deploy to coal fired generation.
“Yes, yes Meester Biden. Velly good we aglee with you.”
[Whispers] – “Sirry idiot – Plesident’s a Sucka”.
“China is unlikely to have any significant obligations to the fund because it is classified as a developing country…”
As a developing country, China will be entitled to receive funding. Therefore, the US will borrow from China, give the money to China and will pay interest to China for the money we borrowed to pay them.
Bidenomics 101!
But 10% of that goes to the big guy.
That’s weird. I always thought congress set the laws in the United States, not the OECD. Guess I was wrong.
A treaty confirmed by the US Senate is the same as a constitutional amendment.
There is exactly ZERO steel or solar silicon produced without coal. How’s that coal ban gonna work?
Almost 2bn tonnes of steel produced worldwide in 2021, over 1bn of that in China with India the second largest producer at 118.2m tonnes. China, India and the rest of Asia accounted for just over 67% of all steel production. Surely they will comply with the OECD ? 🙂
Note that the proposal only bans private financing. Government financing is still permitted and China has been making lots of money and buying lots of influence through it’s government lending practices.
sounds like a treaty that needs to be ratified by 2/3rds of the Senate – not likely to happen
Only 60 votes for a treaty.
Won’t happen. Unenforceable in the US if Brandon did agree because congress wouldn’t allow it. COP is a wish list meeting with nothing accomplished and the only enforcement is shaming. When will people wake up to this farce.
Like the Paris accords that Obama agreed to without ever submitting to the Senate for ratification, Presidential “agreements” end up causing some restrictions of withdrawal for the next POTUS. I don’t think that should be valid but that is the case but TRUMP! waited to follow the rules to withdraw from the Paris insanity. I think he was afraid to just send it to the Senate to be rejected because of the squishy Republican Senators in office at the time MAY have joined the Dems to approve it.
AND the SCOTUS at the time voted to allow Obama presidential orders to remain in place when TRUMP! tried to remove them. (re Dreamers) Really scary time for the US.
Smoke, mirrors, and special lighting photography
China and India have some of the lowest costs for electricity in the world, and most likely cannot afford the high rates being paid in wealthier countries.
Europe, the US and Canada just keep getting dumber and dumber. They wonder why the rest of the world would create and want to join BRICS. It takes my breath away. Europe, the US and Canada can do what ever they want and it won’t make a lick of difference, they are so full of themselves they make me sick.
If the World Bank is forbidden to finance coal operations, I’m sure Chine would be more than happy to step in to make up the difference. The result will end up being that China owns even more of the world’s resources.