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We’re Supposed To Be Done Finding New Oil and Gas. We’re Not.
Oil and gas reserves discovered and approved just since 2021 would add an entire year of China’s emissions to the atmosphere. That’s according to a new analysis from Carbon Brief, using Global Energy Monitor Data, and boy is it grim.
A total of 14 billion tons of carbon dioxide are locked up in the new reserves. About 8 billion of that is in brand new discoveries just in 2022 and 2023, with the other 6 billion from previously known reserves newly approved in the last few years. This fossil fuel bonanza is spread around the world, with some areas with brand new or burgeoning industries like Guyana and Namibia playing a big role.
This is not how it is supposed to go right now. In 2021, researchers published a study in Nature that estimated nearly 60 percent of oil and fossil gas needed to remain tucked away in the ground in order to have a chance at limiting warming to 1.5 degrees Celsius, the ambitious (and now likely lost) target set forth in the 2015 Paris Agreement. And that was the oil and gas we knew about then.
“Furthermore, we estimate that oil and gas production must decline globally by 3 per cent each year until 2050,” those researchers added. That’s, uh, not what’s happening so far.
Also in 2021, the International Energy Agency released its first “Net Zero by 2050” roadmap, laying out the pathway to actually decarbonize the world’s economy. In it, a familiar refrain: “Beyond projects already committed as of 2021, there are no new oil and gas fields approved for development in our pathway.”
Then, last year, from Oil Change International, an update: …
COP(out) is Dead
COP(out) is Dead
I took a few minutes to dig into the text coming out of COP(out)28 this morning.
Yet again, the planet has been let down. Anyone paying attention didn’t have high hopes in the first place. COP has been co-opted by the oil industry and is now basically a fossil fuels conference. COP29 is being held in oil-rich Azerbaijan.
This morning, the COP28 final announcement (including recommendations) was released. It is weak and full of loopholes. It’s rhetorical fluff.
COP is dead. Governments and their corporate overlords have abandoned us.
After 28 years of chances, the announcement coming out of COP28 proves we’re on our own.
To demonstrate how weak the recommendations are, I picked apart the announcement. Below I’ve copied the relevant COP suggestions and added my comments underneath.
Further recognizes the need for deep, rapid and sustained reductions in greenhouse gas emissions in line with 1.5 °C pathways and calls on Parties to contribute to the following global efforts, in a nationally determined manner, taking into account the Paris Agreement and their different national circumstances, pathways and approaches:
OK. Sounds interesting. Let’s look at those suggested approaches are…
(a) Tripling renewable energy capacity globally and doubling the global average annual rate of energy efficiency improvements by 2030;
A good start. Tripling renewables capacity and doubling growth within 6 years could significantly shift the energy mix, all things equal. Of course, the language doesn’t speak to the mix directly so this is implied.
However, it is possible that non-renewables capacity grows at the same rate resulting in no change to the mix. Moreover, even if the mix shifts to overweight renewables, non-renewable capacity if left unchanged would still spew the same amount of GHG emissions as today.
…click on the above link to read the rest…
All Four “Pillars Of Civilization” Are Under Attack By An “Anti-Human Death-Cult”; Shellenberger, Carlson Unload On Global Elites
All Four “Pillars Of Civilization” Are Under Attack By An “Anti-Human Death-Cult”; Shellenberger, Carlson Unload On Global Elites
As world leaders gathered over the weekend for the COP28 climate summit in Dubai, they faced an uncomfortable reality check from the conference president Sultan Al Jaber, who stated, “there is no science out there, or no scenario out there, that says that the phase-out of fossil fuel is what’s going to achieve 1.5C,” warning that their fossil-fuel policies would “take the world back into caves.”
Nevertheless, no lesser mind than Vice President Kamala Harris pledged another $3 billion to the Green Climate Fund at the summit, seeking to help developing countries adapt to the “climate crisis” as well as decreasing fossil fuel production, according to CNN.
The cult-like worship of (and escalation of) these policies is what led to tonight’s discussion between Tucker Carlson and Michael Shellenberger, author of the must-read “Apocalypse Never”, highlighting the increasingly obvious disconnect between global elites and the general public – most specifically in the context of environmental policies.
“We know that the pillars of civilization are cheap energy, meritocracy, Law and Order, and free speech and all four of those pillars are currently under attack,” warns Shellenberger in his typically erudite and fact-based manner.
The hypocrisy is simply Orwellian.
As Shellenberger recently wrote on his Public substack, flying on private jets to a climate conference to announce plans to make energy even more expensive for working people is bread-and-circuses, except there’s no bread, and the circus consists of rich people celebrating their wealth, morality, and superiority.
Carlson begins by pointing out that the drastic climate change policies are “fundamentally nonsense,” asking Shellenberger just how long this “posturing” of environmentalism can go on:
“We’re watching people push an Orthodoxy at increasing volume with increasing hysteria and with increasingly severe penalties for disagreeing…what is that?”
…click on the above link to read the rest…
Beware the Snake Oil Salesmen: Climate Change and Elite Confabs
I penned this more than two years ago as members of the world’s ruling caste gathered for COP26. It’s just as relevant today as these so-called ‘leaders’ gather once again in Dubai, United Arab Emirates for COP28…
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Today’s Contemplation: Collapse Cometh XXXI–
Beware the Snake Oil Salesmen: Climate Change and Elite Confabs
“If we are not discussing significant degrowth, however (and we’re not because there’s no money to be made from it and the primary motivation of the ruling class, who control the mainstream narratives, is the control/expansion of the wealth-generating systems that provide their revenue streams), then it would seem we are just creating stories to sell more stuff and people tend to accept them readily because they reduce cognitive dissonance — we recognise we live on a finite planet and infinite growth is not possible (except through extreme magical, Cargo Cult-like thinking) but want to also believe that we can continue to live in our energy- and resource-intensive lifestyles uninterrupted and without significant sacrifice”
Also see: Today’s Contemplation: Collapse Cometh XXXII–
Greenwashing, Fiat Currency, Narrative Management: More On Climate Change and Elite Confabs
