Weekly clippings #23 - planets, GDP, net zero dictatorship, falling renewables

In the science category, I bring you an article that fascinates me because it shows how you can determine the global temperature of all our rocky planets with just two variables - solar irradiance and atmospheric pressure. The absent variable is carbon dioxide, the boogeyman of the climate alarmism movement.

In the Investment/Economics category we have a study examining GDP growth and CO2 emissions, the requirement of dictatorship to implement green economic goals, and the decline of renewable energy stocks. 

For absurdities, I have simply provided one cartoon showing the damage to what we call nature by renewable energy projects.

New Insights on the Physical Nature of the Atmospheric Greenhouse Effect Deduced from an Empirical Planetary Temperature Model The so-called ‘greenhouse back radiation’ is globally a result of the atmospheric thermal effect rather than a cause for it. Our analysis revealed that GMATs of rocky planets with tangible atmospheres and negligible geothermal surface heating can accurately be predicted over a broad range of conditions using only two forcing variables: top-of-the-atmosphere solar irradiance and total surface atmospheric pressure. The hereto-discovered interplanetary pressure-temperature relationship is shown to be statistically robust while describing a smooth physical continuum without climatic tipping points. This continuum fully explains the recently discovered 90 K thermal effect of Earth’s atmosphere.

Relationship between GDP Growth, Energy Consumption and CO2 Emissions: A comprehensive analysis Energy is highly related to growth in developing countries but not in highly developed countries.

The green energy net-zero plan will require a command economy

And several technological impossibilities, and a massive drop in living standards


Renewable energy stocks plunge as going green gets 'expensive'  As of Oct. 8, 2023 The Global Clean Energy ETF (ICLN) is down about 30% year to date. The solar and wind energy benchmarks Invesco Solar ETF (TAN) and First Trust Global Wind Energy ETF (FAN) are down 35% and 32% during the same period, respectively.

Investors Dump Renewable Energy Funds At A Record Pace The S&P Global Clean Energy Index, comprised of the 100 biggest companies in the renewable energy sector, had a year-to-date return of -31.08% as of October 9, while the iShares Global Clean Energy ETF had a -29.78% YTD return as of October 6.

Solar Power Stocks Crash After Demand Warning Across Europe  The entire energy transition to renewables is cracking and never was sustainable. And queue more spending from the White House to prop up the failing industry.


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