Month: September 2023

James Cleverly Needs $4 Trillion a Year For His Sustainable Development Goals!

By Paul Homewood

h/t Dennis Ambler

 

 

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British Foreign Secretary James Cleverly announced this week that the UK will push to unlock global finance and help developing countries invest to achieve the Sustainable Development Goals (SDGs).

According to Cleverly, the spotlight will be on improving the global financial system, including making it easier for developing countries to access funds and invest in their own sustainable development. Cleverly also insisted on the UK’s support for climate preparedness and improved access to education worldwide.

Climate change, the threat of pandemics, and stagnant economic growth are some of the biggest challenges facing the world’s most vulnerable and require a united global effort to tackle.

Unlocking more finance from international financial institutions and the private sector will be critical if we are to achieve those goals and the UK is already playing a key role by mobilizing private investment, improving global tax systems, and future-proofing for climate change – including through the UK’s recent US$ 2 billion commitment to the Green Climate Fund.

The UK is announcing pledges and reforms that will unlock billions of pounds in global finance and support developing countries investing in their future to boost sustainable development goals.

As representatives of global governments gather for the Sustainable Development Goals Summit, the Foreign Secretary further underlined new financial guarantees for Multilateral Development Banks to help the UK’s overseas aid go further and multiply its impact by unlocking more affordable loans.

Through one of these guarantees, the UK will help unlock up to US$ 1.8 billion of climate finance to support at-risk populations across Asia and the Pacific in adapting to the impacts of climate change and increase their resilience to natural disasters. It will help accelerate their transition from fossil fuels to low-carbon energy sources, demonstrating how sustainable economic growth and development can go hand-in-hand.

The extra finance needed to achieve the Sustainable Development Goals is estimated to be around US$ 4 trillion annually. We urgently need bold global action to build a bigger, better, and fairer international financial system that helps close this gap,” Cleverly said.

The UK is providing a guarantee of up to $300 million to the Innovative Finance Facility for Climate in Asia and the Pacific (IFCAP). We estimate this will unlock $1.2 to $1.8 billion in additional climate financing over the next 5 years, meaning around a 4 to 6-time return of increased climate finance compared to our guarantee commitment. The Innovative Finance Facility for Climate in Asia and the Pacific (IFCAP) is a multi-donor financing partnership facility set up by the Asian Development Bank (ADB) with the goal of scaling-up finance for accelerated action against climate change in Asia and the Pacific.

https://en.mercopress.com/2023/09/22/uk-favors-additional-financing-to-achieve-sdgs

James Cleverly seems to have forgotten that money does not grow on trees!

Any money spent on Sustainability Development Goals, whether public or private, is money that cannot be invested in other, probably more worthwhile projects.

And heaven knows how many of these billions will be wasted or misappropriated.

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September 24, 2023 at 03:54AM

Rishi Sunak speaks sense on Net Zero

Why the vehemence of the climate lobby’s attacks on Sunak’s turn to realism?

The post Rishi Sunak speaks sense on Net Zero appeared first on CFACT.

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September 24, 2023 at 03:20AM

Long-lasting La Niña events more common over past century

Credit: concernusa.org

‘Global temperatures typically increase during an El Niño episode, and fall during La Niña’ – says BBC Science. This article also refers to ‘El Niño and La Niña, the warm and cool phases of a recurring climate pattern’. The featured research concludes that recent La Niñas are different, being more to do with warming, supported by ‘complex computer simulations’. The question is: does ‘the recent increase in multiyear La Niñas’ (per the study title) since 1998 suggest more cooling, or not? In the climate science world we read that ‘answers remain elusive’.
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Multiyear La Niña events have become more common over the last 100 years, according to a new study led by University of Hawai’i (UH) at Mānoa atmospheric scientist Bin Wang.

Five out of six La Niña events since 1998 have lasted more than one year, including an unprecedented triple-year event [Talkshop comment – no, occurred three times since 1950]. The study was published in Nature Climate Change.

“The clustering of multiyear La Niña events is phenomenal given that only ten such events have occurred since 1920,” said Wang, emeritus professor of atmospheric sciences in the UH Mānoa School of Ocean and Earth Science and Technology.

El Niño and La Niña, the warm and cool phases of a recurring climate pattern across the tropical Pacific, affect weather and ocean conditions, which can, in turn, influence the marine environment and fishing industry in Hawai’i and throughout the Pacific Ocean.

Long-lasting La Niñas could cause persistent climate extremes and devastating weather events, affecting community resilience, tourist industry and agriculture.

Determining why so many multiyear La Niña events have emerged recently and whether they will become more common has sparked worldwide discussion among climate scientists, yet answers remain elusive.

Wang and co-authors examined 20 La Niña events from 1920-2022 to investigate the fundamental reasons behind the historic change of the multiyear La Niña. Some long-lasting La Niñas occurred after a super El Niño, which the researchers expected due to the massive discharge of heat from the upper-ocean following an El Niño.

However, three recent multiyear La Niña episodes (2007–08, 2010–11, and 2020–22) did not follow this pattern.

They discovered these events are fueled by warming in the western Pacific Ocean and steep gradients in sea surface temperature from the western to central Pacific.

“Warming in the western Pacific triggers the rapid onset and persistence of these events,” said Wang. “Additionally, our study revealed that multiyear La Niña are distinguished from single-year La Niña by a conspicuous onset rate, which foretells its accumulative intensity and climate impacts.”

Results from complex computer simulations of climate support the observed link between multiyear La Niña events and western Pacific warming.

Full article here.
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Research article: Understanding the recent increase in multiyear La Niñas.

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September 24, 2023 at 03:18AM

Blaze of Fury: Local Outrage Forces Government Backflip on Offshore Wind Turbine Plans

Whatever ‘social licence’ the wind industry had evaporated years ago; wrecked communities, wrecked environments and wrecked economies will do it every time.

Sure enough, the usual ‘not in my back yard’ protester often takes the lead in opposition to another aggregation of these monstrosities. However, the arguments these days are broader and more to the point; viz, because wind power is always and everywhere chaotically intermittent, and depends entirely on subsidies, it makes absolutely no sense, at all – not in my backyard and not in yours.

Which is the problem faced by Australia’s Federal Green-Labor Alliance desperately trying to ram home an 82% wind and solar target, riding roughshod over communities far and wide, in the bargain.

The spin masters reckon that it’s all about the ‘pitch’. That is, if only they had engaged in smoother ‘consultation’ the locals wouldn’t be revolting. Gaslighting and soft soaping, however, no longer works the way it did.

Instead, the curious and the wise have identified the flaw in the entire grand wind and solar transition proposition. If the aim is to reduce carbon dioxide emission gas in the electricity generation sector, the answer is obvious: reliable, safe and affordable nuclear power. No need for batteries, no need for back up.

Moreover, placing nuclear power plants (including small modular reactors) on the sites occupied by coal-fired power plants means there is no need to shroud an entire continent in tens of thousands of kilometres of new and additional transmission lines to bring occasional power generated by wind and solar from the back blocks, to the burbs.

In short, facing a group of hostile natives, armed with the facts, the Federal Energy Minister, Chris Bowen is in more trouble the Ned Kelly at Glenrowan. As this piece from The Australian attests.

Wind turbines’ blowback in Labor heartland seats
The Australian
Geoff Chambers and Greg Brown
19 September 2023

Chris Bowen is attempting to head off a voter revolt in Labor heartland seats over plans to rollout offshore wind turbines and massive transmission lines, holding a closed-door meeting with leaders in the NSW Hunter ­region to keep his ambitious ­renewables target on track.

As Mr Bowen launched a fear campaign over the Coalition’s nuclear ambitions, senior ALP figures are concerned a widespread community backlash against wind farm zones could negatively impact key Labor seats, including Paterson, Shortland and Gilmore.

Mr Bowen on Tuesday will meet with handpicked Port Stephens community leaders amid rising local anger over the government’s decision to ram through its 5GW Hunter offshore wind zone.

The government’s approach to consultation in the Hunter region has sparked a fierce backlash from an alliance of fishermen, tourism and whale-watching operators, environmentalists and residents who oppose offshore turbines.

Labor sources said there was concern within the party about losing support in the region, with “working-class people united against” the proposal for offshore wind turbines stretching over 1800sq/km between Swansea and Port Stephens.

The opposition is based on the impact of giant, floating wind turbines on the scenery, marine life and birdlife, water currents, its flow-on impact on tourism, and concerns it would curtail shipping trade into the Port of Newcastle.

“There is this constant perception you are going to be able to see them and it will ruin the pristine coastline,” the Labor source said.

The NSW Labor figure told The Australian the same arguments the party used against developing offshore gas in the region through the PEP-11 project was being used against the government over the wind farms.

“They are using our own stuff against us because we sowed this idea that you have to protect what you can see,” the source said. Newcastle and Port Stephens Game Fish Club president Troy Radford – who is leading the community pushback against the wind zone – said Mr Bowen had told them he wanted the wind turbines in the water by 2028-30 and that up to three licences would be granted. Applications are due to close in November.

Mr Radford, who has heavily criticised the consultation process and is hosting a public rally on October 7, said he was concerned about the project’s impact on tourism, fishing, whale-watching and birdlife.

Rhys Westbury, who runs the Stop Wind Farm off Port Stephens Facebook Page, said impacted communities were seeking to broaden the offshore wind turbine protest movement under a “No Coastal Wind Farms Collective” banner.

The government, which last year announced the nation’s first offshore wind zone off Gippsland in Victoria, in August launched public consultation over plans to create another offshore wind zone on the NSW south coast.

The South Australian Labor government last month joined concerned rock lobster fishers in formally opposing a proposed Southern Ocean offshore wind zone stretching from Warrnambool in Victoria to Port MacDonnell on the state’s southeast Limestone Coast region.

Ahead of his closed-door meeting in the NSW Hunter on Tuesday, a spokeswoman for Mr Bowen said: “The Albanese government is committed to genuine consultation with all communities and local groups regarding the Hunter offshore wind zone.

“Having reviewed the 1916 submissions, the minister declared a final area which was around a third smaller than the original zone. Before a project can commence, proponents must seek and receive approval for feasibility licences and comply with strict environmental regulations. The government will only be licensing projects that work well with existing industry and the environment, and deliver meaningful, long-lasting community benefits.”

Mr Bowen in July reduced the size of the Hunter-Central Coast wind zone from its initial 8GW proposal after community anger, with Labor sources saying the decision was designed to prevent blowback in the electorates of Dobell and Robertson.

In an attempt to shift the conversation away from contentious renewables projects, Mr Bowen on Sunday released costings from his department claiming a shift to nuclear energy would cost $387bn. Opposition Leader Peter Dutton on Monday rejected the costing and declared there was no “credible path to get to net zero by 2050 without the use of latest technology nuclear”.

“It’s zero emissions, it firms up renewables,” Mr Dutton said.

“Chris Bowen did numbers before the election that he promised Australians on 97 occasions that he would bring power prices down by $275. Has anyone’s power bill gone down by $275 under Chris Bowen? No.

“Chris Bowen has got his head in the sand when it comes to ­nuclear power, and what he’s worried about is the internal dynamic within the Labor Party, he’s not worried about the national interest.”

A senior Labor source said Mr Bowen’s modelling was a “shocking misrepresentation” of the Coalition’s policy idea.

“They are clearly not suggesting that taxpayers will fund and build 71 SMRs. They will target those existing coal sites like Liddell, Bayswater and Eraring and use the existing infrastructure and connections to lock in the baseload power that’s going to be needed,” the source said.

The Labor insider also said it was likely “no coincidence” that Mr Bowen had reduced the capacity of the original Hunter-Central Coast offshore wind zone from 8GW to 5GW.

“He pushed it away from the Central Coast, where there are two marginal seats.”

Labor electorates in NSW coalmining, steelmaking and tourism regions are crucial for Anthony Albanese to hold at the 2025 election, with the Coalition making a big push in the Hunter and Central Coast regions.

The fate of the seats could depend on whether voters decide they are more opposed to large-scale renewable projects or the development of nuclear.

Polling obtained by The Australian reveals that 56 per cent of Australians agree that the federal government should seriously consider the use of SMRs to generate energy. Of the Labor voters polled, 51 per cent agreed, 34 per cent were neutral and 15 per cent disagreed. The Insightfully polling of 2400 voters, commissioned by the Minerals Council of Australia in May found that only 24 per cent of Australians knew about SMRs, which have a footprint roughly the same as a cricket oval and can power a million homes. However, the polling shows that 40 per cent of Australians would support the development of an SMR near their town or city, with only 25 per cent opposed.

The top reasons for supporting SMRs were that nuclear is emissions free, nuclear is safely used in other Western nations and that all low-emissions technologies should be accessed to help the nation decarbonise.

Mr Bowen on Monday denied that his attack on nuclear was linked to the Coalition gaining traction on nuclear and a shift in public sentiment. But he conceded there needed to be better consultation with regional comminutes on the rollout of large-scale renewable projects.

“Communities deserve proper engagement. It hasn’t been done well enough in the past,” Mr Bowen told the ABC.

Opposition climate change and energy spokesman Ted O’Brien – who will hold a public forum with Port Stephens residents on Tuesday – said “local residents are in disbelief that the government has ignored their concerns”. “Labor announced a review of its community engagement process in July in an admission that public consultations were flawed, but steamrolled ahead anyhow,” he said.
The Australian

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September 24, 2023 at 02:37AM