Climate policy, not climate change, threatens global financial stability

Exploding energy prices are creating a wave of bankruptcies in Europe. North America will follow if we continue our suicidal economic efforts to promote green energy

By Joseph C. Stenberg, Wall Street Journal, Sept. 9, 2022

Let’s come right out and say it: Anyone who still thinks climate change is a greater threat than climate policy to financial stability deserves to be exiled to a peat-burning yurt in the wilderness.

Lest you’ve forgotten, the world’s central banks and other regulators are in the middle of a major push to introduce various forms of climate stress testing into their oversight. The Federal Reserve, Bank of England and European Central Bank, among others, want to know how global temperature variations a century hence might weigh on Citi’s or Barclays’ or Deutsche Bank’s capital and risk weightings today.… Read more

West on the road to energy ruin

It’s easy to blame Russia’s Putin for the current energy crisis. In fact, the U.S. and Europe brought the crisis on themselves through poorly thought out ‘green’ energy policies

Emmet Penney, The Spectator, Oct. 10, 2022

Since the beginning of the Ukraine war and the sanctions it triggered, energy prices have skyrocketed. But are the high prices really Putin’s fault? He didn’t sanction himself, after all. It’s the West that chose to cut itself off from the Russian fossil fuels upon which it had come to rely.

So what are the origins of the current energy crisis? When did it really begin?… Read more

Ottawa’s ban on plastics means more landfill waste, lower air quality, and higher carbon emissions

Environment Minister Steven Guilbeault’s ban is supposed to be based on ‘scientific’ evidence. In fact, the evidence points the other way: his attack on disposable plastic items, like forks and checkout bags, not only won’t reduce pollution, it will mean more pollution. But, for the Liberals, this is progress!

Peter Shawn Tay­lor, National Post, Oct. 12, 2022

You might remember that famous scene from the 1967 movie The Graduate. Dustin Hoffman’s anxious adult-in-waiting Benjamin Braddock is trapped at a dull graduation party when family friend Mr. Mcguire leans in to offer some advice. “I just want to say one word. Just one word.… Read more

Net-Zero buildings by 2050? Dream on, Ottawa

To meet the federal government’s goal of a net-zero economy by 2050, virtually all homes would need to have heat pumps or similar technology. This would require retrofitting more than 400,000 homes per year — more than 1,000 every day.

By Charles De­land, National Post, Oct. 11, 2022

The federal government’s Emission Reduction Plan, which it published in July, calls for economywide greenhouse gas reductions of 40 to 45 per cent below 2005 levels by 2030. In particular, it projects emissions from homes and commercial buildings that will fall 37 per cent from 2005 levels. Judging by reasonable estimates of what it would take to achieve this, however, that goal appears wildly unrealistic.… Read more

Europe’s fuel crisis caused by reliance on ‘sustainable’ energy

The naïve, indeed dangerously ignorant and unrealistic conclusion, is that dependence on natural gas justifies still greater emphasis on renewable energy. In fact, it is the renewables policies that have resulted in this gas dependency.

By John Constable, Net Zero, Oct. 7, 2022

Europe is in the midst of the worst energy crisis for a generation or more, a crisis that has been in the making for many years and was beginning to become acute even before the Russian invasion of Ukraine accelerated the process. Mr Putin had a clear intention to capitalize on the weakness in European energy supply, something that has now been made manifest in the intimidatory sabotage of the Nord Stream 2 pipeline.… Read more

Liberals have lost touch with reality in climate obsession

What benefit to Canada flows from “carbon reduction” schemes? None….

By Rex Murphy, Oct. 4, 2022, National Post

The greatest and most characteristic failure of the Trudeau administration has been its war against the oil and gas industry. It was so-early signalled. There is, for example, this brilliant pat-on-his-own-back — a yoga twist Mr. Justin has perfectly mastered — from nine years ago:

“I am pleased to announce that we will keep our commitment to implement a moratorium on crude oil tanker shipping on British Columbia’s north coast.”

From out of that deep but callow mindset came the blocking of pipelines, the wretched, useless (and in this time of rampant inflation) insulting so-called “carbon taxes,” the supine genuflections to the international global warming extremists, the hobbling of a mighty natural resource, and latterly the incredible elevation of a one-time Greenpeace activist and tower-climber, Steven Guilbeault (name his other qualifications), to a ministry in a supposedly mature national government.… Read more

Tim Ball: Farewell to a climate warrior

Tim Ball, who fought climate alarmism for most of his career, died Sept. 24 at the age of 83 with family at his side, including his wife of 61-years, Marty. From the family-written obituary:

Tim came to Canada in 1957 at the age of 17. He worked in Toronto and Sudbury until 1960 when he joined the RCAF as an Aircrew Radio Operator. He was trained in Winnipeg, where he met Marty, who was a student nurse at St Boniface Hospital. They were married on June 5th, 1961.

Tim became interested in the climate while being aircrew for search and rescue in Winnipeg.Read more

Media is lying to the public about climate and hurricanes

Mainstream news reporters, and their editors, know perfectly well that hurricanes are not increasing in either frequency or intensity and have decided to mislead readers and viewers into believing the opposite.

By Michael Shellenberger, Oct. 4, 2022

Over the last several weeks, many mainstream news media outlets have claimed that hurricanes are becoming more expensive, more frequent, and more intense because of climate change. 

  • The Financial Times reported that “hurricane frequency is on the rise.” 
  • The New York Times claimed, “strong storms are becoming more common in the Atlantic Ocean.” 
  • The Washington Post said, “climate change is rapidly fueling super hurricanes.” 
Read more

UN creating more problems than it solves in attack on fossil fuels

Pakistan flooding caused by under-investment in infrastructure and corruption and attempts to meet ‘green’ goals, not ‘climate change’

By Terence Corcoran, National Post, Sept. 23, 2022

No United Nations campaign has done more to exacerbate global economic and energy problems than the UN’S Intergovernmental Panel on Climate Change (IPCC). Since its first report in 1990, the IPCC has led the global drive to eliminate carbon-emitting fossil fuels from the global economy — even though numerous critics have attacked the IPCC’S alarmist claims.

In a paper this month from the Fraser Institute, Jason S. Johnston, professor of environmental law at the University of Virginia, summarizes the IPCC’S long record of exaggerating claims that the world is on the brink of disaster.… Read more

IPCC a political, not scientific, organization

The IPCC ‘science’ is biased: it supports costly regulations to reduce greenhouse-gas emissions but suppresses or ignores scientific evidence that the costs of such action are far higher and the benefits far lower than advertised

JA­SON S. JOHN­STON, National Post, Sept. 23, 2022

Since 1990, the Intergovernmental Panel on Climate Change (IPCC) has produced regular assessments of the state of climate science and also provided reports on particular aspects of climate science when requested by the United Nations, its primary sponsoring entity.

The IPCC has long advertised itself as an unbiased and objective reporter on the state of climate science, and even otherwise independent-minded people often base arguments about the consequences of climate change on IPCC numbers.… Read more