Examining ESG

 This week features: SCIENCE • HadCRUT Has Fully Removed 0.15°C From 1940s Warmth ‘Blip’ As Proposed In Climategate E-mails • Halfway Between Kyoto and 2050: Zero Carbon Is a Highly Unlikely Outcome • Annual GWPF lecture: Climate Uncertainty and Risk INVESTMENT/ECONOMICS • The amount of copper needed to build EVs is ‘impossible for mining companies to produce’ • Hertz's EV bet goes bust • Gwyn Morgan: Ottawa's EV mandate is in trouble and that's a good thing • Efforts To Oust ExxonMobil Chairman, Board Members Run Aground ABSURDITIES • New 'Godfather' Sequel Features Big Oil in the Lead Role HadCRUT Has Fully Removed 0.15°C From 1940s Warmth ‘Blip’ As Proposed In Climategate E-mails  "The amplitude of the recorded warmth in the 1940s was always a problem for purveyors of the human-caused global warming narrative. So the 1940s temperatures have been artificially cooled to make this less of a problem. In 2009, overseers of the HadCRUT global tempe...

  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...

 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...

  SCIENCE Climatic consequences of the process of saturation of radiation absorption in gases  "This article provides a brief review of research on the impact of anthropogenic increase in atmospheric CO2 concentration on Earth's climate. A simplified analysis of resonant radiation absorption in gases is conducted. Building upon the material from the cited articles, theoretical and empirical relationships between radiation absorption and the mass of the absorbing material are presented. The concept of saturation mass is introduced. Special attention is given to the phenomenon of thermal radiation absorption saturation in carbon dioxide. By comparing the saturation mass of CO2 with the quantity of this gas in Earth's atmosphere, and analyzing the results of experiments and measurements, the need for continued and improved experimental work is suggested to ascertain whether additionally emitted carbon dioxide into the atmosphere is indeed a greenhouse gas." "...in t...

Once again we bring you a collection of news that does not bode well for ESG/DEI etc. The second science piece is especially important. Science • Unusual cold at both poles • Challenging net zero with science Investment/Economics • What should government do about carbon capture? • Blackrock energy pragmatism and legal warning • CSA guidance on ESG-related fund disclosure • The backlash is real: behind DEI’s rise and fall • America’s Top Public Companies De-Emphasize the ‘E’ in Environmental, Social, and Governance (ESG) Communications • Canadian fossil fuel subsidies hit $18.6 billion in 2023, says report • Bad News for Tesla Highlights the Looming Bloodbath for the US Auto Industry Absurdities • Industrial wind turbines are destroying rural wells! • Real COP 28 Learning Session: 'Responsible Yachting, Today and Tomorrow' SCIENCE Unusual Cold Plagues Both Northern, Southern Hemispheres….Arctic Sea Ice Strengthens  "The Australian continent saw tempera...