Tag Archives: global warming

California’s Prosperity Terminating Lessons for the UK

As if the UK economy doesn’t have enough problems, the new coalition government is going out of its way to create new ones, by pursuing its self-indulgent ‘clean’ energy policy. You’d imagine that it would be self evident that cutting greenhouse gas emissions by 34% within 10 years is completely hair brained – and reducing emissions by 80% in 2050 is economic suicide. But developments in California may soon highlight the prosperity terminating effect of such clean energy policies – now that it has become a major election issue in the California midterms.
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Deutsche Bank Aligns Itself With Disgraced ‘Hockey Stick’ Scientist

Deutsche Bank increasingly seems to be in the misinformation business. Believe it or not, it is now crawling out on a limb that has already broken off, and is trying to defend Michael Mann’s infamous “hockey stick” graph. After its recent rose-tinted analysis of the global economy, the incompetent and one-sided report on climate change it has just published hardly inspires confidence in the veracity of anything they say – especially following its failure to come clean on its real sovereign bond exposure.
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When Green Doesn’t Mean Green: Obama is Backtracking on Clean Energy

Environmentalists seized upon President Obama’s stimulus plan as a means to turn America into a low-carbon economy by pouring massive amounts of money into clean energy and green transportation. But in these tough economic times, taxpayers are not prepared to keep footing the subsidy bill. Belatedly, there is now recognition at the highest levels of government that a green industrial revolution is no longer realistic, economically or politically.
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