Back in February, CBS News reported that food prices had continued to rise faster than the rise in the overall Consumer Price Index. Restaurant prices were increasing at an annual rate of 5.1 percent, while grocery prices were up 1.2 percent. But the real story is that supermarket prices are 25 percent higher now than in January 2020, while inflation had increased by 19 percent.At the same time, United Nations Secretary-General Antonio Guterres warned that “climate and conflict are two … [Read more...]
A Green Embargo Could Cause a Recession
In 1973, the Organization of Arab Petroleum Exporting Countries (OPEC) imposed an oil embargo against the United States, triggering a crude oil crisis that sent the U.S. economy into a recession. Move over OPEC. Today, the “green” transition to unreliable electricity from wind and solar has the world on the cusp of a Chinese green embargo that may trigger a financial crisis that could send the U.S. economy into a recession. 50 years ago, in the aftermath of the 1973 oil crisis in … [Read more...]
Asia Embraces Coal as the U.S. Rejects It
Vietnam and other Asian countries are on a coal spree! Given the dynamics of energy use in the rapidly developing industrial sector there, it is no surprise that these nations have backpedaled on big promises made at international climate conferences to reduce emissions of carbon dioxide from fossil fuels. Vietnam's projected 2024 growth rate for Gross Domestic Product (GDP) stands at 5.8%, the sixth highest in Asia. Among the biggest contributors to GDP is the industrial sector (38 percent), … [Read more...]
Climate Alarmism Confronts Actual Science
The purveyors of climate doom will not tolerate the good news of our planet thriving because of modest warming and increasing atmospheric carbon dioxide. However, a recent scientific paper concludes that an optimistic vision for Earth and its inhabitants is nonetheless justified. Widely accepted data show an overall greening of Earth resulting from a cycle of natural warming that began more than 300 years ago and from industrialization’s additions of CO2 that started in the 19th century and … [Read more...]
Pennsylvania’s Gov. Shapiro’s Misguided Attempt to Cure a Very Healthy Climate
Somebody should tell Gov. Shapiro that his state of Pennsylvania is doing very well environmentally. Overall, the weather has been getting better and agricultural production is up.Nevertheless, he repeatedly attacks the producers and users of energy to address a supposed climate crisis. His administration is trying to keep Pennsylvania trapped in the Regional Greenhouse Gas Initiative (RGGI), which the Commonwealth Court ruled an illegal tax. Recently, he proposed a new energy … [Read more...]
Climate Change Is Normal and Natural, and Can’t Be Controlled
The following is a guest article by Frits Byron Soepyan.NASA claimed that “Earth is warming at an unprecedented rate” and “human activity is the principal cause.” Others proposed spending trillions of dollars to control the climate. But are we humans responsible for climate change? And what can we do about it?“The climate of planet Earth has never stopped changing since the Earth’s genesis, sometimes relatively rapidly, sometimes very slowly, but always surely,” says Patrick … [Read more...]
Unnecessary Net Zero, Part II: A Demonstration with Global Carbon Project Data
Some commenters on my previous blog post, Net Zero CO2 Emissions: A Damaging and Totally Unnecessary Goal, were dubious of my claim that nature will continue to remove CO2 from the atmosphere at about the same rate even if anthropogenic emissions decrease…or even if they were suddenly eliminated.Rather than appeal to the simple CO2 budget model I created for that blog post, let’s look at the published data from the 123 (!) authors the IPCC relies upon to provide their best estimate of CO2 … [Read more...]
The Story That Climate Fearmongers Don’t Tell
For centuries, Somali pastoralists have relied on camels for sustenance, transport and social status. In recent decades, camel husbandry has evolved into a very profitable business, transforming the lives of many Somalis.However, the mainstream media, using images of dry lands, would have us believe that this flourishing enterprise is threatened by man-made climate change.Camel Husbandry in the Horn of Africa and Media FearmongeringCamels, also known as "ships of the desert," truly stand out as … [Read more...]
Papa Pete Demands We Quit Clinging to Our “Religion”
Remember the American love for the open road? That paean to American freedom built on the automobile but made possible by highways that also enabled trucks to deliver goods to just about any location quickly and safely?Hot cars are still popular today, as evidenced by the fact that the “Fast and Furious” movies have generated about $2 billion in ticket sales in the U.S. and another $5 billion worldwide. Formula 1 reported revenues of more than $3.2 billion in 2023, with … [Read more...]
Ford Lost $4.7B On EVs Last Year, Or About $64,731 For Every EV It Sold
How bad is the EV business? Ford Motor Company just reported that the operating loss it incurred on its EV business in 2023 exceeded its total profit for the year.That shocking fact comes directly from the company’s earnings report, which carried the headline, “Ford+ Delivers Solid 2023...” The Dearborn-based auto giant had an operating loss (also known as EBIT, or earnings before interest and taxes) of $4.7 billion on its EV business last year. Meanwhile, the company reported net income … [Read more...]
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