Examining ESG

  SCIENCE Pervasive Warming Bias in CMIP6 Tropospheric Layers  "It has long been known that previous generations of climate models exhibit excessive warming rates in the tropical troposphere. With the release of the CMIP6 (Coupled Model Intercomparison Project Version 6) climate model archive we can now update the comparison. We examined historical (hindcast) runs from 38 CMIP6 models in which the models were run using historically observed forcings. We focus on the 1979–2014 interval, the maximum for which all models and observational data are available and for which the models were run with historical forcings. What was previously a tropical bias is now global. All model runs warmed faster than observations in the lower troposphere and midtroposphere, in the tropics, and globally. On average, and in most individual cases, the trend difference is significant. Warming trends in models tend to rise with the model Equilibrium Climate Sensitivity (ECS), and we present evidence th...

 This week we bring you a shorter list than recent posts, but a notable focus on one truly horrific story (see Culling for Climate) about an intellectual leader Bill McGuire, author of HOTHOUSE EARTH: AN INHABITANT'S GUIDE, who let slip how evil his ideas truly are.  SCIENCE • The cloud thermostat is the dominant climate controlling mechanism • Scientific Integrity and U.S. “Billion Dollar Disasters” • #GettingWorse: Global wildfires edition INVESTMENT/ECONOMICS • Even Stupider Than The Stupidest Litigation In The Country • Culling for Climate • The Retreat From ESG Proxy Voting ABSURDITIES • 17 Million Scottish Trees Lost to Big Wind SCIENCE The cloud thermostat is the dominant climate controlling mechanism Dr John F Clauser was awarded the 2022 Nobel Prize for Physics for his experiments with quantum entanglement. Dr Clauser demonstrates, based on his recent groundbreaking research, that there are serious faults in the IPCC models of the Earth’s atmosphere and...

 Welcome to the 52nd week of this correspondence. When I look back I see a few evolutions in how we've organized the material and the process has been very clarifying. This week's post includes a dozen links, but check out the second one in the Science category, where three eminent scientists present a remarkably lucid short summary of the scientific case against climate alarmism.  SCIENCE • Infrared Radiative Effects of Increasing CO2 and CH4 on the Atmosphere in Antarctica Compared to the Arctic • Papering over dissent • ClimateMovie Fact Check: Exaggerated warming in the Northern Hemisphere land record INVESTMENT/ECONOMICS • The fossil fuel industry should defend itself against Congressional smears • EV range anxiety? Gas vehicles dwarf EVs on the average number of miles driven. Electric vehicles are also more expensive to drive than other fuel types. • Cooking the Books - Exposing the lunacy of the Green New Math™ • The call to abandon ESG is a plea for indig...

For one year we have been writing to a Canadian mutual fund company executive, exchanging ideas. We hope the exec has been finding a little time to compare how the scientific and economic literature contrast sharply with the most common issue associated with ESG: the idea of a dangerous, man-made, carbon-dioxide induced global warming. Last year in the fund company's corporate ESG report almost all the shareholder proposals and engagements the company was involved with related to carbon dioxide and its consequences - astonishing considering it is the gas of life on Earth...  Our contention from the start has been that it appears no one at the company has done a proper, full-context due diligence on the facts underlying the ideas of dangerous man-made climate change, net zero, energy transition, sustainability, and similar terms. Thus, the company has, in marketing materials, product launches, and internal policies, adopted provably false ideas that in the long run can only harm the...

 T his week features a concentration on wind and batteries that investment managers focused on “sustainability” should find revealing.   Science Commentary on Climate: The Movie Washing away the climate lunatics Investment/Economics Wind Dreams: Why wind power will always be niche A Shockingly Inept Report From The IEA On Battery Storage Of Energy Battery Storage is 141 Times More Expensive Than Liquefied Natural Gas Storage The used electric car timebomb -  EVs could become impossible to sell because battery guarantees won't last Biden’s oil boom Absurdities This Single Chart Rings the Death Knell for Any Real 'Energy Transition' SCIENCE Climate: The Article   Look up Climate: The Movie if you think due diligence into the claims about climate change danger are worth considering. Here is an excerpt from a thoughtful commentary on the film and its contents, written by the remarkable Doomberg. "Considering t...