Examining ESG

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 su...

 Another week has sped by already. This project is growing on me and I plan to convert it to a blog where my comments and associated links can be accessed in full at any time. (Done!)   Yesterday I attended the Advocis Update, an annual 6-hour deep dive into four topics to provide continuing education for advisors. The last segment was about ESG and featured a representative from BMO. As usual for this subject, many errors in her presentation, but I’ll direct those comments to Advocis for their consideration. The audience was asked how many of us were being asked about ESG and only one advisor in about 50 had any engagement with it, and came to speak with me after my comments, seeking references for what I had said. Again, a lack of real due diligence creating business and reputational risk.   This week in the Science category I bring you a study (one among many) showing how the influence of the Sun is greatly understated in climate models (perhaps this is why they are s...