Examining ESG

This week in Science I bring you a fascinating application of stochastics to the question of cause and effect in the temperature-CO2 relationship, and the data shows that only a temperature-caused change in CO2 is supported, not the other way around as alarmists claim, meaning the entire climate brouhaha is again proven false, along with everything and all the insane policies that have sprung from it. As I constantly demonstrate, there is ample evidence from the scientific disciplines of physics, chemistry, astrophysics, mathematics, biology and other areas that there is no dangerous man-made global warming, no climate emergency or crisis, and that natural cycles dominate the climate. Anyone who cares to learn can easily find all this. Another article explains how official record-keepers constantly adjust past temperatures downwards to make it seem like greater warming has occurred – a most suspicious bias. In the Investment/Economics category, I have an explanation of how Biden’s LNG ...

I hope investment managers read some of this, beginning with the scientific basis for abandoning climate change alarmism, which leads to a more rational investment and economic understanding. It is all integrated and all makes sense once you reach a good understanding of the science and where the knowledge system has gone astray.  This week in science I feature data showing that arctic sea ice is at its highest in 21 years, and in the US hurricane damage per GDP is on a long-term decline as we gain mastery over the weather. In the category of Investment/economics I have articles explaining how  • ESG policies are harming the most vulnerable,  • the complete failure of wind and solar in the recent Alberta cold snap,  • how renewable diesel is a fantasy,  • how fossil fuels dominate despite trillions spent on alternatives,  • why net metering is nonsense,  • the decline of offshore wind,  • how green energy is causing the decline of th...

This week in science features a deep dive into those projections of temperature change that are actually realistic. Since all the economic and political aspects of climate change are predicated on there being a scientifically proven man-made emergency/crisis, understanding what the scientific literature shows us is vital to everything that follows, and there is a massive body of literature across all scientific disciplines showing that nature has always been dangerous and there is no global change detectable. Understanding how models are created, validated and used is vital. The article referenced is just one of many, but captures high-level knowledge about models. In economics/investment I have references to articles on ESG wars, the Green Energy Gender Gap, Biden killing oil and gas, DEI vulnerable to sudden collapse, catastrophic ESG lapses, and more. Impacts and risks of “realistic” global warming projections for the 21st century   " The obtained climate projections show that ...

This week in science a graph showing the exponential decline in deaths from weather and climate extremes.  In Investment/Economics the rise of fake DEI/ESG reporting along with a couple of articles about fossil fuel necessity, one about California’s policy-induced climate-related property insurance crisis, and one about a large drop in young people’s support for ESG causes.  To wrap, the Absurdity category references the case of an EV battery costing more to replace than the price of the car.  When the Climate Was Perfect - Was the global climate of 1850-1900 really so great? "One important reason that the period 1850-1900 serves as a useful baseline of climate utopia is that almost no one has any idea what the climate looked like back then, much less the climate impacts actually experienced. Most modern climate records start in the 20th century, and to the extent that the IPCC considers pre-20th climate it is in terms of physical quantifies and not impacts or risks...

In science – tree ring data, “anthropogenic fingerprinting” and hurricane data.  Along with that, excellent work on the full-system levelized cost of energy (I’ve previously pointed out how some money managers like John Cook are erroneously using Lazard’s LCOE), fifty failed predictions of environmental doom, an article focused on the legislative problems of ESG, and Britain’s Net-Zero disaster. Discovery of Data for One of the “Other 26” Jacoby Series   - a tree ring record you were not supposed to see. Since thermometer records are less than two centuries old, the vast majority of Earth's historical temperature record is created by the study of proxy data such as tree rings, ice cores, sea sediments, etc. Some of the most (in)famous records come from tree-ring data showing a hockey stick shape indicating a thousand years of steady temperature followed by a dramatic rise in the 20th century. Canadian Steve McIntyre has been diligently showing the many errors of the hockey s...

In the Science category we have a new peer-reviewed study examining the backup needed for intermittent renewables, and it’s enormous and thus enormously expensive. A second link shows how CO2 intensity has been declining in a straight line for sixty years and all the climate policies have made zero difference.  In the Investment/Economics category we have “green” energy reversals, impossible mining, nuclear promises and Net Zero hampering UN Social Development Goals. Finally, filed under Absurdities, Canada’s cow burp credit trading system. You just can’t this stuff up… Intermittent Renewables Can't Work On Their Own A peer-reviewed study published in September 2023 with the title “ Storage requirements to mitigate intermittent renewable energy sources: analysis for the US Northeast ” finds that a system running on wind and solar would need storage equal to 25% of annual energy production to be reliable. The lead author elaborates on the research in a blog post .  Respond...

COP28 and the scourge of eco-imperialism  It’s the ideology of environmentalism that should be ‘phased out’.  "The luxuriant doom-mongering of privileged eco-warriors who insist the world will end if we don’t phase out fossil fuels was confronted by a truth no reasonable person can deny: that fossil fuels remain vital to human life. In the gleaming oasis of Dubai it became clear that oil, gas and even coal are not going away anytime soon, however much the Gretas of the West might want them to. Why? Because – brace yourselves – India, China, Brazil and other nations are not prepared to sacrifice their economic health at the altar of our deranged anti-modernism."   The COP28 charade   "In fact, COP 28 was a spectacular failure, as measured against the goals that the UN had set for it from the beginning. It did not achieve a single one of the objectives that climate activists sought. Even more important, in spite of the voluntary commitments that various governments mad...