A fiend recently pointed out that- if folks like the Obamas believe in the “global warming” boogie man, why did they spend $9 million on a Martha’s Vinyard estate that would be underwater well before 2030? 🤔👻 Seems like a fair question.
Thank you Mr. Hay. I've listened to the Climate Doomsters for years and always with the same results: If Humans don't do X, We'll burn ourselves up by Year Y, and always, these doom & gloom predictions come and go with nary a whisper of the supposed Catastrophe that was supposed to engulf us. I grow very weary of their empty prognostications. I suggest that anyone with even a modest understanding of Physics and Chemistry ignore these pathetic bleatings. Your wallet and Sanity will thank you for it. Have a Very Great Weekend, All!!!
Many thanks David, I value your insights. I recently started following Peter Zeihan. His recent presentation on June 30, 2022 at the Iowa Swine Day Conference was excellent and very informative on a wide range of topics. He would be a good interview for you. Perhaps him and Louis-Vincent Gave at the same time? Link to the 2022 video below.
"in reality, summer Arctic sea ice is actually more extensive now than it was in 2012."
I suspect that whoever gave you this fact failed to provide the context to see that this is a misleading use of it. 2012 was just one exceptionally low point within a (most likely) continuing downward trend:
P.S. I very much appreciate your writing, and I view you as a serious truth-seeker, even though I don't always agree with you. So I think you will appreciate being informed of the missing context.
I live in Indonesia and let me tell you, I don't think a carbon tax will work. Let's assume that you can even manage to get most of the world's largest countries to agree to it (unlikely), there will still be rampant cheating. Corruption is endemic throughout Asia and there's no reason to believe that companies would follow these guidelines.
I think the only true solution is to make renewable energy so bloody cheap that it becomes profitable for businesses and/or governments to adopt it. Whether that's insanely efficient solar panels, cheap nuclear, fission, fusion, whatever. But I don't think you'll ever co-opt the world into going green, we must make it profitable to do so.
The Green religious zealots have succeeded in creating a world wide energy crisis that is just in the beginning stage. Like you said; zero chance. Their policies and green dreams are sending us back to wood and coal. They don't even have a plan, or I should say their plan is NOT to plan! They don't even plan for the mining needed for the Green energy needs or the Grid expansion required. Before this works itself out a lot of people are going to suffer and die. Maybe that's really their plan. How sad. Thanks David!
I agree that carbon taxes are imperfect unless applied globally, but applying them unilaterally is also useful. Fundamentally, carbon taxes put a cost on carbon. As soon as carbon is a cost, the magic of capitalism can get to work on driving it down like any other cost. This would create sensible and measurable incentives for business. Even if not applied globally, carbon border adjustments would begin to change the behaviour of all trading partners with the geopolitical benefit of incentivizing local production and properly costing exported pollution, such as making solar panels in China. The proceeds of carbon tax could be applied to mitigate those elsewhere or, perhaps, to massively implement the acceleration of nuclear power. By so doing, energy costs could be reduced to close to their fixed costs (as the marginal cost of nuclear power is so low) which would provide low cost, carbon free, high density energy - a huge comparative advantage. As for coral reefs, as an amateur diver, sadly the degradation of coral in the SE Asian coral triangle has been highly visible and worsening to anyone who puts their heads under the surface over the past couple of decades. The economic cost on fisheries dependent on them as spawning grounds is also tangible. The seas genuinely are dying and their passing is very apparent to the tiny minority who actually observe them. Fish getting relatively ever more expensive in supermarkets gives no idea of the extent of the problem.
A fiend recently pointed out that- if folks like the Obamas believe in the “global warming” boogie man, why did they spend $9 million on a Martha’s Vinyard estate that would be underwater well before 2030? 🤔👻 Seems like a fair question.
Because the "Elites" say one thing but do another. Classic case of "Do as I say, not as I do..."
Thank you Mr. Hay. I've listened to the Climate Doomsters for years and always with the same results: If Humans don't do X, We'll burn ourselves up by Year Y, and always, these doom & gloom predictions come and go with nary a whisper of the supposed Catastrophe that was supposed to engulf us. I grow very weary of their empty prognostications. I suggest that anyone with even a modest understanding of Physics and Chemistry ignore these pathetic bleatings. Your wallet and Sanity will thank you for it. Have a Very Great Weekend, All!!!
Thanks for dealing with the facts and nothing but the facts. There is no place for religion in these serious matters.
Thanks Dave....appreciate all you do to help inform...
Always love your podcasts! Hopefully you’ll put up a link to the next one as Gave is always fascinating.
Many thanks David, I value your insights. I recently started following Peter Zeihan. His recent presentation on June 30, 2022 at the Iowa Swine Day Conference was excellent and very informative on a wide range of topics. He would be a good interview for you. Perhaps him and Louis-Vincent Gave at the same time? Link to the 2022 video below.
https://www.youtube.com/watch?v=Wi_nFz1CJSI
"in reality, summer Arctic sea ice is actually more extensive now than it was in 2012."
I suspect that whoever gave you this fact failed to provide the context to see that this is a misleading use of it. 2012 was just one exceptionally low point within a (most likely) continuing downward trend:
https://www.epa.gov/climate-indicators/climate-change-indicators-arctic-sea-ice#:~:text=Data%20%7C%20Technical%20Documentation-,Key%20Points,12th%20smallest%20on%20record.
P.S. I very much appreciate your writing, and I view you as a serious truth-seeker, even though I don't always agree with you. So I think you will appreciate being informed of the missing context.
I live in Indonesia and let me tell you, I don't think a carbon tax will work. Let's assume that you can even manage to get most of the world's largest countries to agree to it (unlikely), there will still be rampant cheating. Corruption is endemic throughout Asia and there's no reason to believe that companies would follow these guidelines.
I think the only true solution is to make renewable energy so bloody cheap that it becomes profitable for businesses and/or governments to adopt it. Whether that's insanely efficient solar panels, cheap nuclear, fission, fusion, whatever. But I don't think you'll ever co-opt the world into going green, we must make it profitable to do so.
I also wanted to mention I've really enjoyed the audio version of Bubble 3.0. The voice talent for the book is outstanding!
The Green religious zealots have succeeded in creating a world wide energy crisis that is just in the beginning stage. Like you said; zero chance. Their policies and green dreams are sending us back to wood and coal. They don't even have a plan, or I should say their plan is NOT to plan! They don't even plan for the mining needed for the Green energy needs or the Grid expansion required. Before this works itself out a lot of people are going to suffer and die. Maybe that's really their plan. How sad. Thanks David!
I agree that carbon taxes are imperfect unless applied globally, but applying them unilaterally is also useful. Fundamentally, carbon taxes put a cost on carbon. As soon as carbon is a cost, the magic of capitalism can get to work on driving it down like any other cost. This would create sensible and measurable incentives for business. Even if not applied globally, carbon border adjustments would begin to change the behaviour of all trading partners with the geopolitical benefit of incentivizing local production and properly costing exported pollution, such as making solar panels in China. The proceeds of carbon tax could be applied to mitigate those elsewhere or, perhaps, to massively implement the acceleration of nuclear power. By so doing, energy costs could be reduced to close to their fixed costs (as the marginal cost of nuclear power is so low) which would provide low cost, carbon free, high density energy - a huge comparative advantage. As for coral reefs, as an amateur diver, sadly the degradation of coral in the SE Asian coral triangle has been highly visible and worsening to anyone who puts their heads under the surface over the past couple of decades. The economic cost on fisheries dependent on them as spawning grounds is also tangible. The seas genuinely are dying and their passing is very apparent to the tiny minority who actually observe them. Fish getting relatively ever more expensive in supermarkets gives no idea of the extent of the problem.
Follow the incentives. Show me what Al Gore and co are doing, not saying :)
I’m sure you won’t mind hearing this, but I can’t keep up with your quality material. I’ve got a full time job so please slow down:)