Climate News – February 2025
In his final days, President Biden banned oil drilling in most US coastal waters. Trump’s response: “It’s ridiculous. I’ll unban it immediately.”
Recognising the impossibility of a wind/solar electricity supply, Biden also allowed the subsidies for renewables – ostensibly designed to promote CO2 free electricity – to be extended to nuclear.
Trump: “To rescue our economy,” signed day-one orders “to end all Biden restrictions on energy production, terminate his insane electric vehicle mandate, cancel his natural gas export ban, reopen ANWR in Alaska .. and declare a national energy emergency.”
Trump terminated Biden’s Green New Deal and pulled out of the Paris Accord. As the LA Times put it, “‘Drill baby drill’: Trump takes aim at clean energy, climate change and the environment on day one.”
Threatening billions of dollars in planned projects, President Trump said he would seek a policy of having no wind farms constructed during his second term. “They litter our country. Nobody wants them and they are very expensive.”
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Australia subsidises ‘green’ energy to replace coal power. It now provides $2 billion to compensate aluminium smelters for ‘green’ energy purchases. An absurdity that also invites countervailing tariffs from countries which are harmed by subsidised aluminium exports.
Burning money to satisfy the false gods of ‘climate change’; the value of Australian Carbon Credit Units – which the government requires businesses to buy to offset ‘carbon’ emissions – rose to total $1.1bn in 2024 further raising the annual toll, which in 2023 was $16 billion.
Moreover, the ever-decreasing cost of batteries to firm up the intermittent ‘renewables’ is proving to be yet another myth.
Even so, BloombergNEF reports investment in ‘renewable’ energy, power grids, electrified transport and energy storage grew by 11% last year to a record $2.1 trillion.
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And, in the European Union, the rise of wind and solar in the supply of electricity continued in 2024.
The foreign agent registration links show that the Intergenerational Environment Justice Fund—which was founded by Fortescue’s, “Twiggy” Forrest and is tied to Forrest’s Minderoo Foundation—is paying a California-based law firm to pursue eco-litigation against ExxonMobil, a competitor to Fortescue in hydrogen.
If successful, ExxonMobil would likely be forced to halt much of its petrochemical business and pay large compensatory damages.
Notwithstanding the “green steel” hype, metallurgical coal is to expand by 50 per cent over coming years.
Net Zero Watch reports the UK’s climate activist Minister Ed Miliband is seeking to go still further in pursuit of ‘net zero’, even requiring potential fracking gas wells to be concreted over, but is facing some push back, including from the Chancellor (Treasurer).
Developments in Climate Science
As Tony Heller illustrates, the US National Oceanic and Atmospheric Administration changed the temperature data between 2023 and 2024 giving the appearance of historic warming. He also shows, “After 40 years of “unprecedented man made global boiling” – there is more Antarctic sea ice than there was 40 years ago.”
For the fourth time in a decade of litigation, climate fraudster and IPCC puppeteer Michael Mann has lost lawsuits where he sought redress from those calling out his data manipulation. He has been ordered to pay his adversaries legal costs but has yet to do so.
Leveraging off Michael Mann’s infamous concocted climate ‘hockey stick’ that purported to show temperatures and CO2 rising in lockstep, Robert Bryce produces a real hockey stick – the US wind/solar subsidies’ scheduled cost 2015-34 in $ billions.
The LA fires were blamed on ‘climate change’ including by ‘researchers’ of World Weather Attribution. But more grounded folk (and here) recognised their severity was due to lack of vegetation clearing, diversion of water to the ocean, and poor management.
Patrick Brown demonstrates a lack of trend in the area’s climate and in its climate variability, while Roger Pielke shows their cost is aggravated by woke politicians’ determination to cap the State’s insurance rates at below their actuarial levels.
In 2024, the world experienced $298 billion dollars in catastrophe losses related to weather events, according to Munich Re, which just released its annual tabulation. Munich Re attributes the losses to — what else — ‘climate change’, dramatically announcing that “climate change is showing its claws” and “climate change is taking its gloves off.”
The Munich Re attribution claim contrasts to those of Swiss Re., “Economic development continues to be the main driver of the rise in insured losses resulting from floods, but also other perils”.
The graph below shows which one is right.
See more here regulationeconomics.com
Header image: WHYY
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