US CO2 Emissions Fall Under Trump, While the World Increases #MAGA

Mike Bastasch at the Daily Caller – Re-Blogged From WUWT

Greenhouse gas emissions continued to plummet during President Donald Trump’s first year in office, according to new Environmental Protection Agency (EPA) data.

  • U.S. greenhouse gas emissions fell 2.7 percent from 2016 levels, according to the EPA.
  • Emissions on a per-capita basis hit a 67-year low last year, federal data shows, and supporters are touting EPA’s data as proof Trump’s agenda is working.
  • EPA’s new data comes on news that, globally, greenhouse gas emissions are set to rise to historic highs by the end of the year, despite nearly 200 countries signing the Paris climate accord.

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2007 All Over Again, Part 7: Borrowers Start Scamming Desperate Lenders

By John Rubino – Re-Blogged From Dollar Collapse

One of the hallmarks of late-stage bubbles is a shift of power from lenders to borrowers. As asset prices soar and interest rates plunge it becomes harder to generate a decent yield on bonds and other fixed income securities, so people with money to lend (like pension funds and bond mutual funds) are forced to accept ever-less-favorable and therefore far-more-risky terms.

Recall the liar loans that were popular towards the end of the 2000s housing bubble and you get the idea. Lenders were so desperate for paper to feed the securitization machine that they literally stopped asking mortgage borrowers to prove that they could cover the interest.

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“The money is just sitting there…doing nothing for society”

By John Rubino – Re-Blogged From Dollar Collapse

Of all the disturbing side-effects of modern monetary policy, the worst might be the way artificially-low interest rates encourage small savers to take outsize risks. Now governments are starting to insist:

How Denmark Is Trying to Get Savers to Invest in Risky Assets

(Bloomberg) – In the country with the longest history of negative interest rates, an experiment is under way.The minister in charge of Denmark’s finance industry wants savers to shift some of the billions of kroner now in bank deposits over to riskier assets.

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Lifetime Performance of World’s First Offshore Wind Farm

Decommissioning of world’s first offshore wind farm offers an opportunity to see how industry costs have changed over the past 25 years.

By T. A. “Ike” Kiefer, CAPT, USN (ret.) – Re-Blogged From http://www.WattsUpWithThat.com

Lifetime Performance of World’s First Offshore Wind Farm

Decommissioning has started at the 26-year old Vindeby offshore project, one of the world’s first The 4.95MW Vindeby offshore project was installed in 1991 using 11 Bonus 450kW turbines. It operated 1.5-3.0km off the southern Danish coast.

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Weekly Climate and Energy News Roundup #247

The Week That Was: November 5, 2016 – Brought to You by www.SEPP.org

By Ken Haapala, President, Science and Environmental Policy Project

Svensmark Hypothesis Criticized: The Svensmark hypothesis that high energy cosmic rays can be a building block for cloud formation has been demonstrated in the laboratory, most recently by CERN. The cosmic rays are modulated by changes in solar wind, which are the result of solar activity. The activity of the sun is estimated by frequency and intensity of sunspots. An active sun results more solar wind and a corresponding net decrease in cloud formation. A dormant sun results in less solar wind and a corresponding net increase in cloud formation and a corresponding decrease in temperatures. This hypothesis is consistent with earlier thoughts about conditions in Europe during the Little Ice Age, when the skies were cloudy, winters were cold, and crops did not ripen, resulting in periods of famine.

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Weekly Climate and Energy News Roundup #229

The Week That Was: June 18, 2016  Brought to You by www.SEPP.org

By Ken Haapala, President, Science and Environmental Policy Project

Fear of CO2: Those promoting the fear of carbon dioxide (CO2), and other greenhouse gases, primarily use three possible threats: one, dangerous increased temperatures; two, change in ocean chemistry (called ocean acidification); and three, drastic sea level rise. John Christy’s February 2 testimony to the U.S. House Committee on Science, Space & Technology empirically demolishes the argument that increasing CO2 is causing significant global warming –major warming is simply not happening in the atmosphere, where the greenhouse effect takes place. The current increase in atmospheric temperatures is influenced by the El Niño warming the tropical Pacific Ocean, a natural occurrence, but the effect is short-lived. The question remains: what will happen to atmospheric temperatures as the influence of the El Niño diminishes and is possibly replaced by a La Niña? Will global temperatures return to a higher level, the same level, or a lower level?

By contrast, surface temperatures used by the UN Intergovernmental Panel on Climate Change (IPCC), and its followers, are influenced by many other natural and human actions, particularly land use change. Unfortunately, the IPCC does not highlight the severe limitations of its reports, particularly in its summaries for policymakers, allowing many to incorrectly believe that weather and climate change stems from increasing the concentration of CO2 in the atmosphere from 3 parts per 10,000 to 4 parts per 10,000. Ascribing unusual weather events to increasing CO2 is similar to the beliefs in the 1950s of blaming unusual weather events, such as tornadoes in New England, on nuclear testing.

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Could Danes Face a ‘Red Meat Tax’ to Help Climate?

Re–Blogged From The Local (Danish Newspaper)

The council said that Danes have an ethical obligation to minimize their climate impact and that a natural place to start would be lowering their red meat consumption.
The UN Food and Agriculture Organization states that animal agriculture is responsible for 18 percent of all greenhouse gas emissions, more than the the total exhaust from all forms of transport worldwide.
Cattle alone is responsible for ten percent of all emissions and conservative estimates state that at least 43,000 litres of fresh water are needed to produce just one kilo of beef.