Thread: Any doubts about Climate Change?

Originally Posted by OhOh

Xi calls for international effort to address climate challenges

Oh good, is he going to stop bribing third world countries to pay him to build coal-fired power stations then?

A zero-carbon future is now the central thesis for most financial giants

The U.S.-hosted climate summit has now begun, ahead of the bigger U.N. climate change conference in Glasgow in November.

The state of play: One major theme has already emerged: Investing in a zero-carbon future has moved from being a contrarian strategy with virtue-signaling upside, to being the central investing thesis for most giant financial institutions.

Driving the news: A new financial coalition calling itself Gfanz is coordinating the deployment of trillions of dollars in quasi-permanent capital — much more than is currently being mooted by President Biden's environmentally disappointing infrastructure plan.

The big picture: Environmentally responsible investing over the past decade or so has in large part been a trade that's long tech and short fossil fuels. That trade has been enormously profitable — and has made it hard for investors to cling to their prior beliefs that constraining one's investment universe means giving up total returns.

• Instead, the opposite argument has become mainstream among institutional investors — that the only way to avoid catastrophically negative investment returns as a result of climate change is to invest in net-zero resilient projects.
• That's why the second session this morning is devoted to climate finance and private investment. Senior private-sector financiers like Jane Fraser of Citigroup and Brian Moynihan of Bank of America are appearing alongside heads of state, the heads of the World Bank and the IMF, and a high-profile U.S. delegation led by Treasury Secretary Janet Yellen.

The bottom line: What we're seeing is a pro-climate cartel of the richest and most powerful individuals in the world, led by the president of the United States, saying very clearly that they're going to try their hardest to rig the scales in favor of green investment.

• The White House is determined to corral "market forces" to meet its emissions targets. That's code for "invest in sustainability, and we'll ensure you make lots of money."

Originally Posted by OhOh

ameristani

No educated individual can take you seriously using such an absurd distortion. You just look like an uneducated buffoon.

Originally Posted by harrybarracuda

to build coal-fired power stations then?

Take your concerns to the

Originally Posted by OhOh

developing countries

Leaders.

It is they who have the decisions to make. Being democratically elected to serve their citizens.

Not the democratically elected Chinese government's leader, Uncle Xi.

Originally Posted by bsnub

an absurd distortion

Originally Posted by OhOh

Not the democratically elected Chinese government's leader, Uncle Xi.

Hoohoo actually thinks Mr. Shithole is "democratically elected".

Some of the reasons why I am pessimistic about any action to really address climate change.
China builds the equivalent of all Australias' total coal fired electricity generation every year. Australian mining produces more CO2 emissions than the entire Australian domestic economy. Shutting down mining would have huge ramifications for manufacturers in countries that benefit from that mining not just Australia.
Norway is held up as a model for sustainability having the largest take up of Electric cars per capita, yet they are large exporters of fossil fuels that emit CO2 in other countries.
Electric cars require massive amounts of steel and copper again producing emissions in other countries, and battery packs use large amounts of Lithium which then produces CO2 emissions in other mineral rich countries such as Bolivia and Australia, in other words robbing Peter to pay Paul, or reducing their emissions at the expensive of increasing them in other countries.
When you buy a new car to replace your petrol/gas guzzler, approximately 28% of total car emissions (see TEWI) are produced during car manufacture. If your petrol/gas guzzler is on sold and not recycled there is no gain, as you reduce your own carbon footprint by shifting it to someone else, so in effect there is a net increase.
Germany has between 20-30 thousand tons of non recycled waste per year just from wind turbine generators alone.
"Green" energy uses a lot of rare earth metals that at present are very difficult to recycle from solar panels etc. These rare earth metals require a lot of energy input for extraction in mines, again just shifting CO2 emissions from mineral poor countries to mineral rich countries.
The internet is responsible for as much global emissions as the the airline industry. To put it into perspective you emit around 4 grams of CO2 per email on average.
There is still no solution to endless unsustainable economic growth, which will have to be tackled to limit emissions.
Meat production which is a huge contributor to emissions will have to be drastically curtailed in favour of a more vegetarian diet if we are to further limit CO2 emissions in the farming sector.
In other words you cant have your steak and eat it to.
They are just a few of the realities that means there is going to be a lot of unpalatable medicine needed to cure the patient.
I doubt the politicians have the courage to do so.
To further illustrate the point. One of the largest threads on TD is on climate change with endless graphs and the usual haranguing of climate deniers. One of the smallest threads is what are TDers are actually doing to reduce their own carbon footprint.
I would suggest that some of the worst carbon offenders are on TD if their flights in and out of Thailand etc are taken into account.

Originally Posted by harrybarracuda

Hoohoo actually thinks Mr. Shithole is "democratically elected".

Something like some other leaders "democratically elected"?

Dr. Joseph Shea - Earth Day 2021: at least 100% of observed glacier losses are due to human activities.

Over the past 150 years, mountain glaciers and ice caps around the world have retreated dramatically, and associated with this retreat has been a loss of ice mass. Images of glacier retreat are an iconic part of the public communication of anthropogenic climate change; and the loss of ice mass has contributed to global sea-level rise (Zemp et al., 2019), hazards in deglaciating alpine environments (Stuart-Smith et al., 2021), and downstream impacts on river flow and water security (Milner et al., 2017). It is important to evaluate the anthropogenic component of these changes.: https://twitter.com/JosephShea/statu...50537336410113

On the attribution of industrial-era glacier mass loss to anthropogenic climate change

It gets worse...

Climate crisis has shifted the Earth’s axis, study shows

Massive melting of glaciers has tilted the planet’s rotation, showing the impact of human activities

Prof Jonathan Overpeck, at the University of Arizona, US, told the Guardian previously that changes to the Earth’s axis highlighted “how real and profoundly large an impact humans are having on the planet”.


Some scientists argue that the scale of this impact means a new geological epoch – the Anthropocene – needs to be declared. Since the mid-20th century, there has been a marked acceleration of carbon dioxide emissions and sea level rise, the destruction of wildlife and the transformation of land by farming, deforestation and development.

Climate crisis has shifted the Earth’s axis, study shows | Climate change | The Guardian

Originally Posted by harrybarracuda

Meanwhile the chinkies keep bribing countries to pay them to build coal-powered fire stations

Do keep up 'arry:

China turns its back on Bangladesh BRI coal projects

Beijing’s decision a rare signal of reluctance to fund polluting projects in Belt and Road Initiative

Christian Shepherd in Beijing March 11 2021

"China has told Bangladesh it will not fund coal mines and polluting power plants, as Beijing took the first tentative steps towards fulfilling its promises of sustainable Belt and Road investment. In a letter seen by the Financial Times, China’s embassy to Bangladesh informed the local Ministry of Finance that “the Chinese side shall no longer consider projects with high pollution and high energy consumption, such as coal mining [and] coal-fired power stations”.

The letter, which was sent last month during negotiations over $3.6bn in infrastructure loans agreed in 2016 that Dhaka now wishes to repurpose, was a rare signal of Beijing’s hesitancy to fund polluting coal projects as part of the Belt and Road Initiative. The BRI is President Xi Jinping’s signature foreign policy drive to strengthen China’s trade and infrastructure ties across dozens of countries.

It marked “the first indication I’ve seen of [China’s promises of a green BRI] translating into action on the ground”, said Simon Nicholas, an Australia-based analyst for the Institute for Energy Economics and Financial Analysis. It remained unclear, however, whether the embassy’s letter was merely a reflection of conditions in Bangladesh or a broader move away from coal, he added."

Subscribe to read | Financial Times

AIIB’s new no-coal pledge puts spotlight on China’s overseas energy investment - China Dialogue

Originally Posted by S Landreth

Fvck off peon

Is this an exclusive thread, praise ameristan "promises" or be insulted?

Originally Posted by harrybarracuda

Oh good, is he going to stop bribing third world countries to pay him to build coal-fired power stations then?

Do keep up 'arry:

China turns its back on Bangladesh BRI coal projects

Beijing’s decision a rare signal of reluctance to fund polluting projects in Belt and Road Initiative

Christian Shepherd in Beijing March 11 2021

"China has told Bangladesh it will not fund coal mines and polluting power plants, as Beijing took the first tentative steps towards fulfilling its promises of sustainable Belt and Road investment. In a letter seen by the Financial Times, China’s embassy to Bangladesh informed the local Ministry of Finance that “the Chinese side shall no longer consider projects with high pollution and high energy consumption, such as coal mining [and] coal-fired power stations”.

The letter, which was sent last month during negotiations over $3.6bn in infrastructure loans agreed in 2016 that Dhaka now wishes to repurpose, was a rare signal of Beijing’s hesitancy to fund polluting coal projects as part of the Belt and Road Initiative. The BRI is President Xi Jinping’s signature foreign policy drive to strengthen China’s trade and infrastructure ties across dozens of countries.

It marked “the first indication I’ve seen of [China’s promises of a green BRI] translating into action on the ground”, said Simon Nicholas, an Australia-based analyst for the Institute for Energy Economics and Financial Analysis. It remained unclear, however, whether the embassy’s letter was merely a reflection of conditions in Bangladesh or a broader move away from coal, he added."

Subscribe to read | Financial Times

AIIB’s new no-coal pledge puts spotlight on China’s overseas energy investment - China Dialogue

“the Chinese side shall no longer consider projects with high pollution and high energy consumption, such as coal mining [and] coal-fired power stations”.

So China might not continue fucking the planet up on quite such a massive scale.

Kind of a modest aim.

Originally Posted by cyrille

So China might not continue fucking the planet up on quite such a massive scale.

My search for facts to support your opinion didn't produce any hits just this:

"It looks like there aren't many great matches for your search"

However, your opinion is always awaited, as you have a way of expressing with such clarity, your knowledge most of us can only dream of.

There was an article regarding Carbon Pricing. It appears the save the world solution, is to enable some to make a profit by buying and selling paper certificates.

The planet is on fire': Bill Nye driven to F-bomb rant by climate change

"The non-binding resolution, as Oliver pointed out in the segment, has been especially polarizing, and is regularly ridiculed in bad faith by Republicans, despite the scale of the climate-based issues it merely suggests might be a good idea to address, such as carbon-pricing."

'The planet is on fire': Bill Nye driven to F-bomb rant by climate change | US news | The Guardian

Originally Posted by Hugh Cow

Some of the reasons why I am pessimistic about any action to really address climate change.
China builds the equivalent of all Australias' total coal fired electricity generation every year. Australian mining produces more CO2 emissions than the entire Australian domestic economy. Shutting down mining would have huge ramifications for manufacturers in countries that benefit from that mining not just Australia.
Norway is held up as a model for sustainability having the largest take up of Electric cars per capita, yet they are large exporters of fossil fuels that emit CO2 in other countries.
Electric cars require massive amounts of steel and copper again producing emissions in other countries, and battery packs use large amounts of Lithium which then produces CO2 emissions in other mineral rich countries such as Bolivia and Australia, in other words robbing Peter to pay Paul, or reducing their emissions at the expensive of increasing them in other countries.
When you buy a new car to replace your petrol/gas guzzler, approximately 28% of total car emissions (see TEWI) are produced during car manufacture. If your petrol/gas guzzler is on sold and not recycled there is no gain, as you reduce your own carbon footprint by shifting it to someone else, so in effect there is a net increase.
Germany has between 20-30 thousand tons of non recycled waste per year just from wind turbine generators alone.
"Green" energy uses a lot of rare earth metals that at present are very difficult to recycle from solar panels etc. These rare earth metals require a lot of energy input for extraction in mines, again just shifting CO2 emissions from mineral poor countries to mineral rich countries.
The internet is responsible for as much global emissions as the the airline industry. To put it into perspective you emit around 4 grams of CO2 per email on average.
There is still no solution to endless unsustainable economic growth, which will have to be tackled to limit emissions.
Meat production which is a huge contributor to emissions will have to be drastically curtailed in favour of a more vegetarian diet if we are to further limit CO2 emissions in the farming sector.
In other words you cant have your steak and eat it to.
They are just a few of the realities that means there is going to be a lot of unpalatable medicine needed to cure the patient.
I doubt the politicians have the courage to do so.
To further illustrate the point. One of the largest threads on TD is on climate change with endless graphs and the usual haranguing of climate deniers. One of the smallest threads is what are TDers are actually doing to reduce their own carbon footprint.
I would suggest that some of the worst carbon offenders are on TD if their flights in and out of Thailand etc are taken into account.

You still upset?

What you can do to stop climate change: vote against Republicans

The best thing you can do to stop climate change is to vote against Republicans

President Biden Delivers Closing Remarks at the Leaders Summit on Climate

Go forth and spend: Call for action closes US climate summit

World leaders shared tales of climate-friendly breakthroughs — and feverish quests for more — to close President Joe Biden’s virtual global climate summit on Friday, from Kenyans abandoning kerosene lanterns for solar to Israeli start-ups straining for more efficient storage batteries.

It was an exhortational end to an unusual pandemic-era summit hosted from a specially created TV-style set in the White House East Room. Biden’s two-day gathering briefly united the heads of global rivals America, China and Russia — on screens, anyway — long enough to pledge cooperation on climate. It also saw the U.S. and a half-dozen allies commit to significant new efforts and financing to reduce climate-damaging emissions.

Friday’s closing message: Go forth and spend, making good on pledges for rapid transitions to cleaner vehicles, power grids and buildings to stave off the worst of global warming.

“The commitments we’ve made must become real,” declared Biden, who is seeking $2.3 trillion from Congress for legislation that would partly go for electric charging stations, for laying out an efficient new national electrical grid and for capping abandoned oil and gas rigs and coal mines. “Commitment without doing anything is a lot of hot air, no pun intended.”

“We’re gonna do this together,” Biden said, speaking live to a final Zoom-style screen of leaders of national governments, unions and business executives around the world.

His closing message echoed the sentiments of Kenyan President Uhuru Muigai Kenyatta, who told the summit: “We cannot win this fight against climate change unless we go globally to fight it together.”

Compared to the United States and other wealthy but carbon-addicted nations, Kenya stands out as a poorer country closing the technology gap despite limited financial resources. It has become a leading user and producer of geothermal and wind power. Small solar panels that charge lights and mobile phones have become cheap enough for some poor households to replace their kerosene lanterns. Opposition has stalled work on what would be its first dirtier-burning coal-fired power plant.

Prime Minister Benjamin Netanyahu, meanwhile, described scientists at hundreds of Israeli start-ups working to improve crucial battery storage for solar, wind and other renewable energy.

Prime Minister Mette Frederiksen of Denmark renewed her country’s pledge to end oil and gas exploration in the North Sea, switching from offshore oil and gas rigs to wind farms.

Biden convened the summit showcasing the United States’ own high-profile return to international climate efforts after President Donald Trump’s withdrawal. Biden used the summit to announce he intended to cut U.S. coal and petroleum emissions in half by 2030, nearly doubling the previous target.

Publicly, there had been no firm word up until this week that Presidents Xi Jinping of China and Vladimir Putin of Russia would accept Biden’s summit invite, given disputes with the U.S. over nonclimate issues.

But they did, despite concerns that international isolation and domestic political conflict under Trump had weakened the United States.

“Nations still want to come to the party that the U.S. throws,” said Alice Hill, a senior fellow for energy and environment at the Council on Foreign Relations.

Xi, whose country is the world’s No. 1 climate polluter, held out the possibility in his summit speech of moving faster to slow China’s building of new coal-fired power plants.

He pledged to “strictly control coal power,” which sends a strong domestic message to Chinese provincial officials on future coal projects, said Yan Qin, a carbon analyst with the Refinitiv Carbon group.

South Korea’s announcement at the summit that it would stop funding new coal-fired power plants abroad increased pressure on China and Japan, which still do, analysts said.

Friday also featured billionaires Bill Gates and Mike Bloomberg, steelworker and electrical union leaders and executives for solar and other renewable energy.

“We can’t beat climate change without a historic amount of new investment,” said Bloomberg, who has spent heavily to promote replacing coal-fired power plants with increasingly cheaper renewable energy.

It was all in service of an argument officials say will make or break Biden’s climate vision: Pouring trillions of dollars into clean-energy technology, research and infrastructure will speed a competitive U.S. economy into the future and create jobs while saving the planet.

While technological development and wider use has helped make wind and solar power strongly competitive against coal and natural gas in the U.S., Biden said investment also would bring forward thriving, clean-energy fields “in things we haven’t even thought of so far.”

Republicans are sticking to the arguments that Trump made in pulling the U.S. out of the Paris climate accord. They point to China as the world’s worst climate polluter and say any transition to clean energy hurts American oil, natural gas and coal workers.

Biden envoy John Kerry stressed the presidential political selling point that rebuilding creaky U.S. infrastructure to run more cleanly would put the U.S. on a better economic footing long-term.

“No one is being asked for a sacrifice,” Kerry said. “This is an opportunity.”: Go forth and spend: Call for action closes US climate summit

Poor old hoohoo, even he can't keep up with the chinky bullshit.

Originally Posted by OhOh

Do keep up 'arry:

China turns its back on Bangladesh BRI coal projects

Beijing’s decision a rare signal of reluctance to fund polluting projects in Belt and Road Initiative

Christian Shepherd in Beijing March 11 2021

April 19, 2021 04:47 AM

At least five people were shot dead when police opened fire on hundreds of laborers demonstrating over unpaid wages and working hours in Bangladesh. The shooting occurred at the construction site of a Chinese-financed power plant in the southeastern part of the country, police officials said.

Anwar Hossain, a senior police officer in the city of Chittagong, said that police on the site of the future coal-fired Chittagong Power Plant (CPP) in the Banskhali area were forced to open fire Saturday after the protesters attacked them.

5 Killed During Protest at China-backed Bangladesh Power Plant | Voice of America - English

Originally Posted by harrybarracuda

he can't keep up

Banshkhali power station (S Alam)

"In December 2013, S. Alam Group of Bangladesh signed an agreement in Dhaka with China's SEPCOIII Electric Power Construction Corporation to build a 1320 MW coal plant in Chittagong.

In November 2018, the Bangladesh Power Division warned S Alam Group of annulling the plant's contracts over the delay in financial close. The company was given until December 31, 2018 to complete financial closing of its thermal power plant project.^[5] In December 2018 PowerChina said prep work was underway on the project.<sup>[6]"

Banshkhali power station (S Alam) - Global Energy Monitor</sup>

Originally Posted by OhOh

China turns its back on Bangladesh BRI coal projects

Beijing’s decision a rare signal of reluctance to fund polluting projects in Belt and Road Initiative

Christian Shepherd in Beijing March 11 2021

"China has told Bangladesh it will not fund coal mines and polluting power plants, as Beijing took the first tentative steps towards fulfilling its promises of sustainable Belt and Road investment. In a letter seen by the Financial Times, China’s embassy to Bangladesh informed the local Ministry of Finance that “the Chinese side shall no longer consider projects with high pollution and high energy consumption, such as coal mining [and] coal-fired power stations”.

You may be able to follow these dates and alleged facts 'arry

1. December 2013 - S. Alam Group of Bangladesh signed an agreement in Dhaka with China's SEPCOIII Electric Power Construction Corporation

2. November 2018 - The company was given until December 31, 2018 to complete financial closing of its thermal power plant project.

3. December 2018 - PowerChina said prep work was underway.

4. March 11 2021 - Chinese side shall no longer consider projects with high pollution and high energy consumption, such as coal mining [and] coal-fired power stations.

Enjoy your Asian holiday.

Good public service announcement. Climate Change, Australia, EV’s and the Leaders Summit on Climate

Originally Posted by OhOh

Banshkhali power station (S Alam)

Chinky modus operandus:

Sign up as many coal powered fire station projects that you can bribe foreign leaders into, and once the paperwork is in, claim:

"We aren't going to sign any more because we've got enough, er, we mean we care about climate change".