Not before time. Global temperatures haven’t been co-operating much with negative climate obsessions either.
H/T Daily Telegraph @ The GWPF.
Since Mr Trump walked out of the Paris agreement one year ago, it has been fascinating to watch the decline of media interest in “saving the planet”.
Donald Trump imposed punitive tariffs on steel imports exactly a year after he announced that the US would withdraw from the Paris climate change agreement. The two decisions are unrelated, except that both reflect the character of his presidency.
President Trump looks at any international arrangement on any subject – Iran, North Korea, trade, climate – and asks himself whether it is a good deal for America. If he thinks it is not, he starts making trouble. He loves a deal but, unlike some politicians on this side of the water, he sees no point in a bad deal.
When President Trump starts the trouble, he does not necessarily know where it will end. He is, if you like, open-minded; or, if you don’t like, irresponsible. He just wants a result, and will pull back if he thinks he won’t get the right one. In the case of his trade war, he will succeed if his action exposes unfair practices by trade rivals and forces them to change. He will fail if all he does is put up everyone’s prices, including, of course, America’s.
In the case of the Paris process, he has succeeded almost without trying. The answer to the question, “Which major country in the world has most successfully reduced its CO2 emissions?” is, “The United States of America”. US emissions hit a 25-year low last year. This success has nothing to do with the UN caravan, which has rolled on for 30 years, or, indeed, with Mr Trump. It has everything to do with the shale revolution – the triumph of much cleaner fossil fuels. Energy prices are falling.
By contrast, the greenest of the great economic powers, Germany and Japan, have poured money into renewables. They are consuming more coal than before, however, with Japan planning 36 new coal-fired power stations over the next 10 years. Since renewables are not reliable (because of intermittency), Germany must have more coal or lie prostrate before Mr Putin and his gas. Both Germany and Japan are increasing their carbon footprint because they have run away from nuclear. Energy prices are rising. China, after a slowdown, is increasing its CO2 emissions fast once again.
As for “Paris”, this is failing, chiefly for the reason that poorer countries won’t decarbonise unless richer ones pay them stupendous sums. The amount supposedly required to do this, agreed at the Copenhagen conference in 2009, was $100 billion a year, every year, from 2020; but no mechanism could be devised to compel the poor countries to restrict their emissions. At yet another conference in the process, in Bonn last month, the parties broke up without agreement on handing the money across. It is almost impossible to imagine real agreement, because it would be unenforceable.
If you look back, you can see that Copenhagen was the first ebbing of climate panic.
via Tallbloke’s Talkshop
June 2, 2018 at 04:21AM