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Energy

UN Secretary-General Ramps Up Tiresome Climate-Fright Rhetoric One More Time

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From the Daily Caller News Foundation

By DAVID BLACKMON

 

In his unending quest to constantly heat up fright rhetoric about climate change, United Nations Secretary-General Antonio Guterres last week referred to oil companies as “the godfathers of climate chaos” and urged national governments to place bans on their ability to advertise their products.

Speaking at an event called World Climate Day, Guterres told attendees that “we are playing Russian roulette with our planet,” adding, “we need an exit ramp off this highway to hell.”

The latter bit of hyperbolic nonsense was a reference to a bit of fright rhetoric he unveiled during the COP27 conference held in Egypt in November 2022. In that speech, Guterres warned: “We are on a highway to climate hell with our foot on the accelerator.” 

He also warned, outrageously, that: “We can sign a climate solidarity pact, or a collective suicide pact.”

The global media establishment threw a collective hissy fit in March when former President Donald Trump used the term “bloodbath” to describe the damage that Biden administration policies are doing to the U.S. auto industry. Imagine the pearl clutching that would take place at the same media outlets if the GOP presidential candidate used the term “collective suicide pact” to describe his opponent’s climate policies.

Talking heads at CNN and MSNBC might faint dead away on air.

But because Guterres is a key pusher of the preferred climate narrative, his bombastic rhetoric is fine. In his most recent salvo, the secretary general failed to include reference to his July 2023 claim that the hot weather last summer (who knew it is hot in New York in July?) meant that “the era of global warming has ended” and “the era of global boiling has arrived.” We should all be grateful for that omission.

Guterres’ latest bit of panic speech comes as world events indicate that the climate change narrative is failing. The just-completed elections for the European Union Parliament resulted in a rejection of Europe’s ruling class that was significant enough to convince Belgian Prime Minister Alexander de Croo to resign and French President Emmanuel Macron to dissolve France’s parliament and call for snap elections.

In the United States, poll after poll shows low support for the Biden energy and climate agenda, and Energy Secretary Jennifer Granholm is suddenly showing strong support for nuclear energy. Meanwhile, Biden’s vaunted offshore wind initiatives are faltering badly, and the U.S. electric-vehicle industry is also struggling.

In an op-ed in the Wall Street Journal entitled “The Climate Crisis Fades Out,” former Obama climate advisor and author Steven Koonin says one reason why the climate alarm rhetoric is failing to move voters lies in the reality that “the energy transition’s purported climate benefits are distant, vague and uncertain while the costs and disruption of rapid decarbonization are immediate and substantial. The world has many more urgent needs, including the provision of reliable and affordable energy to all.”

Noting that the preferred, rent-seeking “solutions” to climate change offered by the ruling class are not really solutions at all — a theme I’ve written about for several years now — Koonin posits that we should be happy that the “crisis” narrative is failing and fading as it goes through what he refers to as the “issues-attention cycle.”

As a result of this focus on these non-solutions, global emissions have continued to rise in this century. Fossil fuels still provide roughly 80% of primary energy now despite more than $12 trillion in renewable energy investments in just the past 9 years. Koonin points out that the “latest United Nations emissions report projects that emissions in 2030 will be almost twice as high as a level compatible with the [2015 Paris Agreement] aspiration.”

Koonin believes the public’s fading attention to the issue of climate alarmism “means that today’s ineffective, inefficient, and ill-considered climate-mitigation strategies will be abandoned, making room for a more thoughtful and informed approach to responsibly providing for the world’s energy needs.”

But seeking more thoughtful and informed approaches does not appear to be a high priority at the UN these days, so we can all sit back and wait to see how Guterres will attempt to ramp up his tiresome, counterproductive hyperbole next. Expecting anything more is a fool’s errand.

David Blackmon is an energy writer and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialized in public policy and communications.

Economy

Trump’s Promise Of American Abundance, Fueled By ‘Liquid Gold’

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From the Daily Caller News Foundation

By JAMES P. PINKERTON

 

One of the brightest nuggets of policy in Donald Trump’s July 18 acceptance speech to the Republican convention in Milwaukee was his ode to “liquid gold.” That is, oil.

As part of his inflation-fighting plan, Trump offered a gleaming solution: increase energy production, thereby decreasing energy prices. “By slashing energy costs,” Trump declared, “we will in turn reduce the cost of transportation, manufacturing and all household goods.”

He continued: “We have more liquid gold under our feet than any other country by far. We are a nation that has the opportunity to make an absolute fortune with its energy.”

Indeed. According to the Institute for Energy Research (IER) technically recoverable oil resources in the U.S. total 2.136 trillion barrels. At the current price of around $80 a barrel, that’s some $171 trillion. And so, Trump concluded, “we will reduce our debt, $36 trillion.”

As former Alaska governor Sarah Palin would say, “You betcha.” In Palin’s Alaska, oil is so abundant, relative to the population, that everyone gets a check from the state. Last year, it was $1,312. For a family of four, that’s more than $5000. Our goal should be that every American gets such an energy dividend.

Moreover, the abundance of America’s carbon fuels is not limited to oil. According to IER, we have 3.391 trillion cubic feet of natural gas. That’s worth $165 trillion.

To be sure, these staggering dollar totals can’t be counted directly against the national debt—or in support of some future tax cut. Yet every dollar of our energy assets would contribute to the economy, and if even 10  percent of the humongous total could be available to the public, we could, in fact, pay off the national debt.

Moreover, thanks to fracking and other enhanced recovery techniques, we keep finding more energy: Human ingenuity has upended old beliefs about energy shortages, ushering in an almost Moore’s Law-ish surge in production.

Indeed, there’s so much oil and gas (and coal) that an emerging school of thought holds that carbon fuels aren’t “fossil” at all, but rather, the product of earth’s vulcanism. The core of this earth, after all, is the same temperature as the surface of the sun. Perhaps all that heat is cooking something.

In any case, we keep finding more oil, and not just in the U.S.

So how, exactly, do we take advantage of this planetary cornucopia? As Palin said, as Trump said, and as the convention crowd chanted, “drill, baby, drill.”

Okay, but what about climate change? Most Republicans don’t worry too much about that, but if Democrats do, they should be reassured that we can capture the carbon and so take it out of the atmosphere. Trees and other green vegetation have been capturing carbon for eons; the element is, in fact, vital to their very existence. Similarly, the human body is 18 percent carbon. Yes, all of us ourselves are carbon sinks.

So we, being smart, can capture vastly more carbon — capturing it in everything from wood to cement, from plastics to nanotubes. These in turn can be landfill, construction materials — maybe even a space elevator.

We can, in fact, establish a a circular carbon economy: carbon fuels extracted, burned, and then recycled back into feedstocks. By this reckoning, carbon fuels are renewable. Such creative thinking can power all those energy-hungry data centers on which Big Tech and AI depend. So there’s the makings of a bipartisan “Grand Carbon Bargain,” uniting mostly blue-state tech with mostly red-state energy. More energy + more tech = more wealth for all.

In Milwaukee, Trump spoke of American “energy dominance,” and that’s great. But with all the energy we can produce and consume, we can speak of economic abundance — and that’s even greater.

James P. Pinkerton served in the White House domestic policy offices of Presidents Ronald Reagan and George H.W. Bush. He is the author, most recently, of “The Secret of Directional Investing: Making Money Amidst the Red-Blue Rumble.”

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Alberta

Jordan Peterson interviews Alberta Premier Danielle Smith

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This episode was recorded on June 29th, 2024

Dr. Peterson’s extensive catalog is available now on DailyWire+: https://bit.ly/3KrWbS8

ALL LINKS: https://linktr.ee/drjordanbpeterson

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