climate change

People Don’t Believe The Climate Change Religion

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At last the people can see that the emperor has no clothes.

Jo Nova writes:

#d6b15c">This is Kryptonite for fake science preachers: 60% of voters agree Climate Change is a religion

By Jo Nova

The faith in Wind Power. It's like a religion.

…

The expert science bubble has popped. New polling shows 60% of US voters agree that that Climate Change is a religion and has nothing to do with the climate. Even more shocking is that 47% of US voters strongly agree.   

It’s an Exocet for the priests of Climate Science. Their power depends on people believing “they are The Science”, and The Science is sacred. But word is spreading that the experts are more like prophets-of-gloom than disciplined researchers. And once the idea is seeded, it won’t go away. People who didn’t notice before will suddenly see the failed predictions, the ice age that never came, the droughts that become floods and the snow that children wouldn’t know. Humans are excellent at pattern matching, just give them the right pattern to look for…

This is an idea that has barely been mentioned in mainstream TV yet half the nation are already 100% sold.

Ten days ago Vivek Ramaswamy talked about the climate religion on Fox News, and so Rasmussen asked the punters. And thus the emperor has no clothes —  fully six out of ten agree that “Climate is a religion”.

#fffbde;padding-left: 80px">Vivek Ramaswamy  on FoxNews:

…the climate religion actually has nothing to do with the climate. It is all about power, control, dominion and apologizing for America’s own success. And the reason why is that this religion looks the other way when PetroChina picks up the projects that American companies drop. Last time I checked, it was global climate change, and also it’s hostile to nuclear energy, which is truly bizarre because that’s the best form of carbon-free energy production known to mankind.

This Rasmussen question is Kryptonite

There is no pussy footing around the question, no ambiguity, no caveats:

“Do you agree or disagree with this statement: Climate change has become a religion that actually has nothing to do with the climate and is really about power and control?”

AGREE – by Party

      • DEM: 45%
      • IND: 59%
      • GOP: 79%                        All Voters: 60%

Even nearly half the democrats agree.  Does anything show better that democracy is not about voters anymore? There are no vote winners for pushing the climate faith, instead there is a vast untapped sea of voters who think climate change is a money making scam. They want someone to vote for, not a politician who says I’ll be less of liar than the other guy.

Strong questions bring out strong answers

In a world of wishy-washy surveys, just saying the flagrant bleeding truth in full technicolor will bring out a stronger response than tip-toeing around the point.  Sometimes just asking the question provokes the answer. How many people heard the question and went — oh yeah, now that you mention it…

The last dynamite poll in the world of surveys was in late 2015 when Donald Trump stepped out and said “climate change is a total hoax”, and when asked, 31% of US voters agreed, which was astonishing in an era when three quarters of Americans would also say “climate change is happening” and “was a threat” to the US.

Now, half the voters are so cynical they believe the media is actively trying to deceive them.  And the meme is even more dangerous because it’s closer to the truth — “climate is a religion” not only includes the hoax, but also explains the blind passion of the teenage throwers of soup and glue. They are not hoaxers, they’re just deluded kids.

Live by the smear, die by the smear

For 30 years the Climate Crisis Team have talked about the dark influence of fossil fuel money, like it was Gore’s Law of Physics, and it worked to inure sleepy people against skeptical points. But now the tables are turning and the insidious suggestion that “it’s all about power, control and money” will work every bit as well against those who never once spoke up to stop the namecalling and demonization of other scientists.

They could have told the world there are no sacred cows in science, instead they created the cows —  “there is a consensus!”. They could have said that science is not a religion because there is no bible, but instead they held up the IPCC reports like The Word of Mother Nature. Instead of debating skeptics, with their overwhelming evidence, they called them deniers and fled from the room.

97% of climate scientists acted like science was a religion. Karma comes back to get them.

h/t ColA via Gateway Pundit

Jo Nova: The coldest summer day in Australia and nobody notices

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It’s funny how the BOM is always banging on about the “hottest year ever”, the “warmest winter day on record”, “unprecedented rain”, but nobody notices the coldest summer day on record. Maybe it doesn’t fit the approved narrative

#d6b15c">The coldest summer day in Australia and nobody notices

By Jo Nova

Weatherzone report that Thursday was the equal coldest morning ever recorded anywhere in Australia in summer time. Oddly, there were no preemptive emergency warnings the night before, no news stories announcing the area “might” hit a new record, no camera teams visited the scene and the BOM did not invent a Coldsnap Emergency Alert System to tell Australians to put on a jumper.

On Thursday, Perisher Valley in the Australian Alps got down to minus 7.0 C (19F) equaling the record set in Perisher in January 1979 and which was also reached at Charlottes Pass in December 1999.

Oddly, no one blamed this on climate change, or mentioned that it would have been worse if we hadn’t burnt all that coal. After all, without CO2, it would have been minus ten, right?

There were more news headlines about the heat that didn’t happen than there were about the cold that did.

While no media outlets have mentioned this cold record, many have run the story that temperatures might reach 48C this weekend and they issued plenty of warnings. As it happens the 48C was a fizzer on Saturday (the hottest was 44.9), and looks like missing tomorrow too (the forecast peak is now 45C). Hence imaginary heatwaves beat actual cold.

Apologies to Northern Hemisphere friends in winter, we know “it’s nothing”. But it is supposed to be hot here in December. Yet snow has continued to fall on Australian ski fields in NSW, Victoria and Tasmania this year with a “staggering 25cm” falling on Perisher just days before summer officially began.

 

From Jo Nova

Jo Nova: Corals On The Nullarbor

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Jo Nova reports the astounding find of corals way above current sea levels. Maybe we could restore those coal fired power stations, burn some fossil fuels and restore the reef.

Corals covered the Australian desert once – maybe they’ll grow back if we screw in the right light globes?

The remnants of a long gone coral reef are not in the water here, but on top of the cliff. This is what real climate change looks like:

Bunda Cliffs, Nullarbor, Great Australian Bight. Photo.

The whole coral reef is now 100 m out of the water | Bahnfrend |

Nullabor plain map. Australia

The Nullabor Plain.

It turns out the high plateau desert called the Nullarbor was once a coral reef. It’s a thousand kilometer stretch without a tree that’s now about 100m above sea level. Obviously it’s a wilderness that’s begging to be restored to its true Miocene glory. The question is whether we can put on enough solar panels to save this reef, or if we can melt the Antarctic and raise the oceans…

Researchers looking at satellite images spotted a suspicious looking dome and ring (below) . They figured out it was not a meteor crater but probably a former coral atoll. It’s about one kilometer across and corals built this (probably) 14 million years ago. Tectonic shifts lifted the land out of the ocean. If only the polyps had put in a carbon tax?

The Nullarbor is a bit special because the surface is well preserved. There is not a lot of rain, no rivers to speak of, humidity is low, storm surges don’t wash over it and sediments don’t settle on it. Plus the nearest glaciers are in New Zealand.

““So even though it’s exposed, it’s kind of like a land that time forgot … the erosion is so slow, [these features] get preserved for millions and millions of years, kind of capturing a snapshot of how environments were at different times.” —WA Today

Coral Dome, remnant, Nullabor Australia

Coral Dome, remnant, Nullabor Australia

Once fish frolicked in the afternoon sun among the anenome here. Now there is saltbush.

This is the kind of climate change we need to teach children at schools. Geological, not Gretalogical.

Imagine the effect if students knew almost nothing was permanent, life was adaptable, and the climate changed all the time.

Coral reef nullabor

The remnants of a 14 million year old reef

ScienceAlert:

Mysterious Reef From Millions of Years Ago Discovered in Vast Australian Desert

Most of Australia is now arid and dry, with vast inland deserts. Millions of years ago, though, during the Miocene, the continent was teeming with life; not just dense, thriving forest ecosystems, but huge inland seas.

“Through high-resolution satellite imagery and fieldwork we have identified the clear remnant of an original sea-bed structure preserved for millions of years, which is the first of this kind of landform discovered on the Nullarbor Plain,” says geologist Milo Barham of Curtin University in Australia.

The ocean that covered the Nullarbor started to dry up around 14 million years ago, exposing the shallow-water limestones deposited during the middle Cenozoic.

That means the Nullarbor is effectively a clean record of geological processes and features dating back to the Miocene.

“Evidence of the channels of long-vanished rivers, as well as sand dune systems imprinted directly into limestone, preserve an archive of ancient landscapes and even a record of the prevailing winds,” Barham says.

“And it is not only landscapes. Isolated cave shafts punctuating the Nullarbor Plain preserve mummified remains of Tasmanian tigers and complete skeletons of long-extinct wonders such as Thylacoleo, the marsupial lion.”

That’s not all. “At the surface,” adds Barham, “due to the relatively stable conditions, the Nullarbor Plain has preserved large quantities of meteorites, allowing us to peer back through time to the origins of our Solar System.”

REFERENCE

Lipar et al (2022) Enigmatic annular landform on a Miocene planar karst surface, Nullarbor Plain, Australia,  Earth Surface Processes and Landforms.  https://doi.org/10.1002/esp.5459

And what happens when that renewable drought is 1 terawatt hour?

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From Jo Nova and Matt Canavan

 

And what happens when that renewable drought is 1 terawatt hour?

Australia has added more unreliable wind and solar than anywhere on Earth but when an energy crisis strikes, and those prices are still on fire, the solution is more of the same.

Senator Matt Canavan, The Australian

Map, Australia, Victoria, Vic.

As rest of the world wakes up on coal, we’re closing it down

Perhaps Australia’s broken electricity system is due to this mad rush towards renewable energy? No, according to our energy regulator, “Recent international events and Australian market events have further strengthened the case for the shift to renewables.”

The renewable energy investments must continue until morale improves.

[The energy regulator’s] recent analysis shows that Victoria could experience a “renewable drought” of 1 terawatt hour of electricity over just one week in the future.

How much is 1TWh? Well, the South Australian big battery can produce 130 megawatt hours, so we would need more than 7500 of these to keep the Victorian lights on. At about $100m a pop, that is a total cost of more than $700bn, or more than Victoria’s total annual economic output.

This winter’s energy shortfalls came just after the Liddell coal-fired power station in NSW’s Hunter Valley shut a 400MW unit in April. Its other three units (a total of 1200MW) will shut next April. Then, in 2025, Australia’s largest coal-fired power station, Eraring, also in the Hunter, is due to shut.

By the end of the decade, our energy regulators warn, almost two-thirds of our coal-fired power could shut.

And Victoria is just one state.

Indeed, across the world there are 345 new coal-fired power stations being built. What is the argument against Australia building just a few to guarantee our energy supplies?

A new ultra-supercritical coal-fired power station built in Australia would increase our emissions by about five million tonnes a year. That would mean global emissions would go up by 0.014 per cent. The world has warmed around 1C after 600 billion tonnes of emissions. So this new coal-fired power station may increase the temperature by 0.0001 of a degree over its life.

Yet we are told a new coal-fired power station would worsen climate change and create more bushfires, floods and all manner of other natural disasters. These arguments are nonsensical yet go unchallenged in polite society.

Matt Canavan is a Liberal National Party senator for Queensland and deputy leader of the Nationals in the Senate.

Jo Nova on the Current Madness in Australia

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Holy Battery Powered Australia: Chris Bowen thinks we can store electricity “like water in a dam”

Someone needs to tell the Australian Energy Minister the bad news about batteries

Climate Change and Energy Minister Chris Bowen says we just need more renewables and more storage:

Bowen says we can store water, we should be able to store power

“You can say the wind doesn’t always blow and the sun doesn’t always shine. Well, the rain doesn’t always fall either but we managed to store the water,” Bowen said.

 

Is this Chris Bowen’s Zuma-numbers moment with electricity?

He doesn’t seem to realize that electrons won’t politely sit in a shoe box waiting for the day they run your toaster. When South Australia got the worlds biggest battery in 2017 everyone got excited but few realized it would only power the state for two whole minutes before it ran out. South Australia is just 6% of the total National Energy Market, but if we were trying to make it truly 100% renewable with a reasonable battery backup Paul Miskelly and Tom Quirk calculated we’d need 7.5 million tonnes of lead acid batteries and a spare $60 to $90 billion dollars.

In a recent “record winning moment” in solar and battery powered excitement one of the smallest and sunniest towns in Australia made headlines when it managed to run off 100% solar and battery power for a whole 80 minutes. Onslow is a metropolis of 847 people. As I said at the time, we’re only 520,000 minutes short of a year.

Last year one new Tesla Megabattery in Victoria caught fire soon after it started operating. Since it took 76 hours to stop the fire we can honestly say it burned for three times longer than it provided electricity.

That’s how ready we are to power a nation of 26 million people on solar and wind and big batteries

Storage can be more than batteries, but we’re already spending $10 billion plus on Snowy Hydro 2.0 — the giant renewables-storage scheme that will waste 20-30% of the renewable energy fed into it so we can make a non-despatchable generator into a partly-despatchable one.

Hydrogen is hardly the answer. As David Archibald says it’s is such a reactive gas that there is no source of it in nature. The only naturally occurring hydrogen is the flammable part of farts. Otherwise, the cheapest way of making hydrogen is a water shift reaction with natural gas. But about 60% of the energy contained by the natural gas is wasted in the process — if you just wanted a source of energy, obviously, you’d use the natural gas.

As a fuel, hydrogen has some big shortcomings. It’s has low energy density, so a big, high-pressure tank of the stuff doesn’t take you far. It has an explosive range in air of 18% to 60%. It causes embrittlement of steel. There is a plot at the moment to add hydrogen to the natural gas distribution system — which then might start leaking like a sieve. It has a colourless flame, so leaks that have caught fire can’t be seen. In the days before infrared cameras, workers at a rocket fuel factory in Texas used to detect hydrogen leaks by walking with a straw broom in front of them. When the broom caught fire they had found the leak.

— DAvid Archibald

There’s more information on why Hydrogen is not the answer either here, thanks To Rafe Champion.

Like a third world nation we’re rationing electricity in winter:

Watch the fiery moment Energy Minister loses it at a journalist for suggesting more coal was the answer to the energy crisis

Last night hospitals were ordered to reduce electricity use and millions of people urged not to use basic appliances.

The potential for mass blackouts has increased with about 1800MW of coal-fired power not operating in Queensland and 1200MW of capacity offline in the states of NSW, Victoria, South Australia and Tasmania.

The Tomago aluminium smelter in NSW, the country’s biggest electricity user, was also forced to cut production to reduce the chance of a blackout.

 

Read the article here

The Energy Crisis

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Australia is now reaping the fruit of the Green madness, and will continue to do so for at least the next decade, or longer if we pursue the Net Zero madness.

Last night, NSW was warned about a potential power shortage from 6 pm to 8 pm. Rolling blackouts were a possibility, we were told.

We dodged the proverbial bullet last night, but it could be on again tonight. If not tonight, then maybe next week. We are only two weeks into winter, and this is where we have got to. Then there is the next peak season, called summer.

The solution to this situation, we are told is more solar and wind power. Solar power will not make a scrap of difference in the evening peak in winter, because it is dark. Here in Narrabri for the last few days it has been very calm, so not much wind power either.

For the last 20 years, successive Governments have been telling us that we have to move away from “fossil fuels” for our power generation. The result is that generator companies have taken the hint and not invested in maintaining or upgrading their facilities. So, over the next few years, coal-powered electricity will virtually disappear from Australia. Ironic, when we have so much “clean” coal in this country that we are sending overseas.

At the same time, the same Governments have been telling us that gas is a good “transition” power source. It is true that gas generators are more responsive to demand and gas produces more energy per tonne of CO2 emitted. But, these Governments have also prevented the gas companies from extracting coal seam gas from most of the country.

So at the time when we most need natural gas as a backup for our electricity grid, there is a huge shortage because of Government policies. The world price of natural gas is high because of the Russia- Ukraine war, and we have lakes of it underground just waiting to be tapped.

Now we have this crazy situation where the electricity regulator has imposed a price cap on wholesale electricity of $300/MW hr (The price used to be about $30, that is how bad things have got). At this price natural gas power generators cannot make a profit, so they don’t want to operate. We have a couple of coal-fired generators under maintenance that was delayed, because there is no point in spending too much on them when they will close in a couple of years anyway.

This is where following the policies demanded by green activists gets you to. The next few years are going to be worse as we close down coal. When electric cars become a significant part of the vehicle fleet, the demand for electricity will be double what it is now.

It is actually worse than that, when you consider how people live. You get home from work, what do you do? Plug your car in, turn the heater or air conditioner on (full blast at first because you’ve been out all day), put the kettle on, then turn on the stove to cook dinner.

That time from 6 pm to 8 pm, when the sun has gone down and the wind is usually calm will for ever be a tight wire act for our power system.

Welcome to our brave new future of Net Zero.

Jo Nova: Time For the Liberals to Reset

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Jo Nova writes:

Reinvention time: Liberals tried to win wealthy inner city Woke seats and lost the nation

If the Liberals stop trying to pander to the wealthy Woke electorates and focus on what most Australians want they can reinvent themselves to speak for mainstream Australia by the next election.

The dismal election result for the Liberals and Nationals in Australia may yet set them free. By shifting to the left on issues like Climate Change the Liberals were hobbled. They tried to be Labor -lite, but then couldn’t point out the sheer stupidity of trying to change the weather. Net Zero was a good goal they said, and so the voters voted for people who would do more of it sooner.  By adopting Labor-Green ideas and just trying to be better managers of bad programs they lost their mojo. There were no battles on principles in this election, just personalities.

The Right have been bullied into submission — afraid of being called climate deniers, racists, sexist or anti-vaxxer, they fought for nothing much. And so the voters voted for nothing much — splitting every which way. Astonishingly a new government will be formed that nearly 70% of Australians didn’t vote for. The Labor Party won with the lowest primary vote ever recorded in Australian history.

The great realignment of politics bit the Liberals

Waleed Aly, surprisingly, captured it better than anyone, pointing out that voters in wealthy electorates shifted left, while those in less wealthy seats moved right. The Liberals lost the traditional well heeled blue-ribbon seats to the renewables industry candidates in the Teal Party (the Sneaky Greens). But climate change is a fashion contest, and not only does it make no sense, but by definition, the sensible-option never wins on the cat-walk. Once one half of politics gave up fighting the intrinsic silliness of it, and stopped talking hard numbers, the only contest left was the fashionable one.

And popping the fashion bubble may yet even win those wealthy seats back. When everyone else is trying to outdo the Emperor, there’s nothing like pointing out the Emperor wears no clothes.

So much better than winning a pointless contest is to speak the truth and destroy the contest.

The loss of the Woke part of the party would be a blessing in disguise

Australian voters are fracturing into different party groups because the major parties are not serving their original bases. The Labor-Green Party was the party of the workers but has become the paired-party of the rich and fashionable, and the welfare dependent.  The Liberal-National parties were still trying to win the inner city blue-ribbon seats while also appealing to the suburbs, small business and rural areas. But that was an impossible deal. Something had to give.

If the Liberal Party can regroup against political correctness, they could storm back in just as Tony Abbott did. If they don’t, the minor parties on the Right will fill that space and do it for them.

The Globe Refuses to warm

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From wattsupwiththat.com

The new Pause lengthens: now 7 years 6 months

By Christopher Monckton of Brenchley

The new Pause has lengthened by another month. On the UAH satellite monthly global mean lower-troposphere temperature dataset, seven and a half years have passed since there was any trend in global warming at all. As always, if anyone has seen this surely not uninteresting fact mentioned in the Marxstream news media, let us know in comments. One of the best-kept secrets in what passes for “journalism” these days is that global temperature has not been rising steadily (or, since October 2014, at all). It has been rising in occasional spurts in response to natural events such as the great Pacific shift of 1976 and the subsequent strong el Niño events, rather than at the somewhat steadier rate that one might expect if our continuing – and continuous – sins of emission were the primary culprit.

To forestall the usual whingeing about “cherry-picking” from the climate-fanatical trolls, here is the entire HadCRUT4 record of monthly global mean surface temperature anomalies for the 172 years 1850-2021. The trend is a not particularly catastrophic half a degree per century equivalent. Oo-er! Stap me vitals!

The HadCRUT4 dataset, now at last updated to the end of 2021, shows no global warming for almost eight years:

The significance of these long Pauses should not be underestimated. IPCC (1990, p. xxiv) confidently predicted 1.8 K global mean anthropogenic warming from 1850-2030. Of this, 0.5 K (HadCRUT5: Morice et al. 2021) had occurred by 1990, so that the projection was equivalent to 1.3 K over the four decades 1991-2030, or 0.34 K decade–1. However, observed warming from January 1991 to December 2021 as the mean of the monthly UAH lower-troposphere and HadCRUT4 surface monthly global mean surface temperature anomalies, was 0.5 K, or 0.18 K decade–1. Even if all warming since 1990 was anthropogenic (which it was not), IPCC’s finger-in-the-air prediction has proven to be almost twice outturn.

Meanwhile, soi-disant “leaders” on both sides of the Atlantic, having half-wittedly committed themselves to the Party Line on climate so sedulously peddled for so long by the Desinformatsiya directorate of the KGB (now FSB) and by the many Chinese agents of influence (such as the “Confucius Institutes” at many Western universities), dare not lose face. They cannot bring themselves to admit that they have been wrong, that they have been fooled, and that they have needlessly and expensively ended the free market in energy supply. They cannot brin themselves to change their catastrophic and unaffordable energy policies, even in the face of the fact that it was their eagerness to suppress competition from coal-fired power-stations in the name of Saving The Planet that was the chief source of funding for Vlad the Invader’s special military massacre in Ukraine.

Read the rest of the article here

Great News About Climate Litigation

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From the IPA:

IPA TODAY

Federal Court Decision A Welcome Move Against Climate Litigation

Written by Morgan Begg

15 March 2022

The Institute of Public Affairs has today welcomed the Federal Court of Australia’s finding that the federal Minister for Environment does not owe a duty of care to protect Australian children from climate change.

“Today’s decision was a long overdue display of common sense from Australian courts,” said Morgan Begg, the Director of the Legal Rights Program at the Institute of Public Affairs.

“The Australian courts should never have entertained the farcical attempt to prohibit mining and energy projects through the judicial backdoor.”

“The Full Court of the Federal Court today unanimously overturned a May 2021 Federal Court decision that found the federal Minister for Environment, when deciding whether or not to grant approval to a coal mine development, owed a duty of care to Australians under the age of 18 to avoid causing them personal injury as a consequence of increased carbon dioxide emissions.”

“The Justices were putting it lightly when they said the duty would have been “incoherent and inconsistent” under the legislation.”

“It would also be incoherent and inconsistent with a system where decisions about economic development and energy security are made as part of a democratic process,” said Mr Begg.

Morgan Begg

Morgan Begg is the Director, Legal Rights Program at the Institute of Public Affairs

The Green Industrial Revolution Is A Lie

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As we gear up for a Federal election in May, you can be sure that Labor and the Greens will peddle the fantasy about “Green Jobs”. It is a lie, like the one about renewable energy being cheaper than coal, not to mention the whole climate change scam.

Ben Pile writes on spiked:

The green industrial revolution is a lie

The UK’s green sector has not grown in nearly a decade.

The green industrial revolution is a lie

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TopicsPOLITICSSCIENCE & TECHUK

The Office for National Statistics (ONS) published data earlier this month which showed that the UK’s ‘low-carbon and renewable-energy economy’ (LCREE) had not grown significantly between 2014 and 2020. This performance is a far cry from the promises of plentiful ‘green jobs’ and a ‘green industrial revolution’ that have echoed around Westminster for the past decade and more. It turns out that the much heralded green growth was nothing more than mould.

This news should surprise no one. As I have argued elsewhere on spiked, the green industrial revolution is a lie. Since the 2008 Climate Change Act, successive governments have embraced the fantasy of leading the world in the ‘transition’ to a low-carbon economy. And it’s all been to no avail. The rest of the world continues to increase its consumption of fossil fuels despite endless COP meetings, and Britain’s green industrial revolution stubbornly fails to materialise.

Back in 2009, the then Labour government, led by Gordon Brown, claimed the green economy was already thriving. He promised to add 400,000 new ‘green jobs’, taking the total number of people working in the green sector to 1.3million. These claims were based on proprietary data produced by an economic research company, which refused to share its data, as did the government even after freedom-of-information requests.

Even without access to the data, I was already able to point out in 2009 that growth in the ‘green economy’ is an illusion – or better still, an accountancy trick. The government was effectively compelling sectors of the economy, through a variety of green regulations, to ‘decarbonise’ their operations. It was then adding said sectors to the green economy and so the green economy appeared to be growing. This was happening even when the sectors in question had been harmed and diminished by the new regulations.

It took me until 2013 to obtain the data on which successive governments were basing their figures, policies and predictions. By then, it was being claimed that the ‘green economy’ was worth £122 billion. But it had only reached this size because the figure included sectors of the economy that simply do not qualify as ‘green’ in any meaningful sense. It even included the production, transportation and sale of liquefied natural gas and liquefied petroleum gas – otherwise known as fossil fuels – merely because such businesses were now subject to environmental regulation. My analysis at the time suggested that through such tricks, the government’s financial wizards had inflated the value of the ‘green economy’ by something in the region of 700 per cent.

Read the full article here