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By Jo Nova
A few years ago they were all going to save the world from the sixth mass extinction, but now they just want to avoid an anti-trust suit.
Such is the phase change of the Trump win, the largest banks in the USA, JP Morgan and Morgan Chase have now joined Goldman Sachs, Wells Fargo the Bank of America, and Citigroup.
Six big US banks quit net zero alliance before Trump inauguration
The Guardian
Analysts have said the withdrawals are an attempt to head off “anti-woke” attacks from rightwing US politicians, which are expected to escalate when Trump is sworn in as the country’s 47th president in just under a fortnight.
The giant super-squid of asset management is also thinking of leaving the UN Net Zero Alliance.
BlackRock may exit woke business climate group Net Zero Alliance as backlash over ESG investing widens
By Charles Gasparino, New York Post
BlackRock — which for years has courted controversy with its focus on so-called ESG, or Environmental Social Governance investing — is considering an exit of the so-called “Net Zero” coalition of top corporations who pledge to reach zero-carbon emissions by 2050, […]
@bluebear73
By Jo Nova
Something awful is going down today in California. Pray tonight for the people of the Pacific Palisades, LA. The infamous Santa Ana wind phenomenon is running at 80 to 100 mph. 30,000 people have been ordered to evacuate, so far, and there are two deaths and 1,000 buildings destroyed. It’s winter, but there is no water in the fire hydrants, hardly any firefighting planes, and “it’s like a third world Armageddon”. The fire department can’t do a thing…
Two other fires have broken out around Los Angeles in other areas.
🚨🇺🇸 “OMG OMG”
“That’s a million dollar house – more – OMG”
This is Malibu – one of the wealthiest affluent places on the entire planet, now it’s being burnt to ashes.
Have you ever seen anything like this ever before? pic.twitter.com/XxgzzZ524E
— Concerned Citizen (@BGatesIsaPyscho) January 8, 2025
Then there are videos like this one, or a raging inferno surrounding the house, with a thousand comments below, wondering if they survived, and asking “why are they filming”? The men sounded far too calm, saying “I’ve turned off the gas”. “Oh Shit”. The scene is so surreal I wonder if […]
By Jo Nova
Suddenly free speech is cool again
This is not the Tipping Point they were expecting.
Now that the election is safely over, Mark Zuckerberg, the coward, admits that censorship went too far and free speech is important. He’s decided that Facebook and Instagram will drop the third party “fact checkers” that crushed content and banned people because the “fact checkers” made too many mistakes. (Of course, he doesn’t admit that these were not mistakes at all, but entirely the plan.)
As David Evans (the other half) says “Reminds me of 1989, when the Berlin Wall fell. It was the end of another leftist regime based on censorship and cancelling. The good news just kept on coming.”
It’s a very limited mea culpa — it was just good intentions and a bit of scope creep you know…
It’s not like he was interfering in elections, tilting the balance to buy political protection, increase his profits, or score points at dinner parties with billionaire friends.
From the Press Release:
More Speech and Fewer Mistakes
In recent years we’ve developed increasingly complex systems to manage content across our platforms, partly in response to societal and political pressure […]
Subsidy farms are designed to suck payments from plumbers, bakers and mums and dads.
By Jo Nova
When failure becomes a commodity…
Ponder for a moment how intrinsically unsuitable, maladapted, and worthless wind turbines are to a grid. Their failure is so comprehensive, multifaceted and inevitable, an entirely new and bizarre market was invented to reward their failures. Even when they generate electricity, if the time is wrong, the demand is low, or the network can’t handle it, they will still be paid. The grid can’t use the power, but the customer still gets slugged for something they didn’t use, or they couldn’t get. In the UK the costs for this useless power grew to nearly £400 million last year.
The largest provider of useless power was SeaGreen wind plant which made nearly twice as much from being “constrained” than from being of service. The Renewable Energy Foundation (REF) reports that SeaGreen earned £100 million for making electricity, and £200 million for being “constrained”. Effectively, the useful electricity it made costs a shocking £2.70 a kilowatt hour, after the other payments are included.
Obviously, when the government rewards failure, the market responds by planning to fail. It follows […]
By Jo Nova
Let’s not put race politics in our science lessons
Science has no race — it is true, or it isn’t. But once we start deleting one race or judging one scientific hero by the color of their skin, we can still make science lessons racist. It’s just another anti-white virtue-signalling thing. Instead of teaching children how the world works, someone thinks we should teach them topics that make the Minister sound good at UN cocktail parties.
The UK Labour government wants to overhaul school science — if only they knew what science was. They got an “independent” review to tell them what they wanted to hear and invited the grovelling Royal Society’s of Science to sell out science to the latest Woke intellectual fashion. Shame on them.
Real science is about evidence, not the color of your skin, or the continent your last 1,000 ancestors lived on. It can’t be “de-Westernized” because it isn’t “Western” — the laws of physics work just as well in England as they do in Bangladesh. Hypersonic rockets don’t care what language you speak, penicillin kills streptococcus in the East and the West, and gravity sucks us all. Its universality […]
By Jo Nova
It’s become a flood
It’s a good start to 2025 — just quietly, the money is exiting the Monster Banker Climate Cartel. Since the Trump win, the bankers are running away suddenly from the United Nations “Net-Zero Banking Alliance” (NZBA) which is a sub-part of GFANZ (the Glasgow Financial Alliance for Net Zero) — the world’s largest and richest climate activists club. GFANZ is the public face of every kind of global financial-bullying-to-save-the-world. Economically, the monster collective could eat whole nations for breakfast. At one point the collective assets-under-management were as valued at the fantastical conglomeration of $130 trillion. It is the hydra-head hissing at superannuation funds and national treasurers that don’t comply with sacred green goals. Who cares what the voters want?
The latest round of quiet banker departures started with Moody‘s and Goldman Sachs, a month ago. Only two days ago RealClear Energy took heart that ” U.S. behemoths Bank of America, Citigroup, JP Morgan, Morgan Stanley, and Wells Fargo were still in the NZBA”. But Wells Fargo quit a week ago, and under the cover of New Years Eve parties, the Bank of America, and Citigroup have jumped ship too. No one seems […]
8.9 out of 10 based on 30 ratings
By Jo Nova
The whole guilt trip about how the rich nations have ruined the world and need to pay reparations to the poor is rapidly losing currency.
The British may have started mining coal in third century, invented coal fired steam engines and made the first coal fired power plants, but by 1998 China had already burned more coal than Great Britain. In terms of cumulative coal burning, by 2018 China overtook the EU, and by 2020 it surpassed the US. China has now burnt more coal than any nation on Earth.
China has become the world’s coal furnace and no one gives a toss. Everyone in the West pretends to save carbon dioxide while they ship their factories to China, and buy the same things back from them. When will China have to pay reparations? Answer — Never. Because it was never really about CO2.
Cumulative CO₂ emissions from coal:
OWID
Coal is the largest single source of human CO2 emissions. In terms of the cumulative human emissions of CO2 from all sources, the USA is still the world leader. China almost certainly overtook Europe in the last twelve months, and it’s just a matter of […]
Photo by Ansalmo Juvaga
By Jo Nova
Things were dire in October, and they aren’t getting better:
Spare a thought for the people of Cuba. In October, Cuba suffered through a week of extended blackouts when 7 out of 8 power plants were out of action. After power was restored it meant people in Havana, the capital city, got 4 or 5 hours of electricity a day. (So they only had 20 hour blackouts each day, instead of 24 hour ones). According to The National, people often travel by horse-drawn carts rather than motor cars, and in the countryside, it’s a common sight to see ploughs being pulled by oxen. “Motorways connecting major cities are eerily quiet. ”
Not surprisingly, in the last few years, ten percent of the entire population has left (mostly for Florida). Unfortunately for Cuba, these were the working age adults. Predictably, the loss of productive workers and productive electricity means the loss of product, and so it has come to pass:
Cuba Runs Out of Sugar
John Hindraker, Powerline
This is like Libya running out of sand: Cuba is now an importer of sugar:
The Cuban government acknowledged that […]
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By Jo Nova
In the ecosystem of civilization, the OECD is just another batch of multinational barnacles slowing the ship down. These invertebrate filter feeders use taxpayer money to bore the taxpayers kids into submission to The Blob. They presumably hope the kids will grow up to vote for the Big Government Blob, thus boosting the river of money that flows past the barnacles.
In the end, improbably, a foreign committee is pretending it can save children in some of the wealthiest nations in the world from “misinformation”. As if the first world needs some remedial assistance teaching chemistry to their teenagers. The gargantuan arrogance of this is only surpassed by the intergalactic chutzpah. The OECD are, after all, just a bunch of economists, wiggling their finger at nations full of doctors and engineers, and telling them how to teach their kids science.
The gibberish, it grows: What is “action” in response to “climate anxiety”?
How to teach climate change so 15-year-olds can act
The Guardian (of course).
OECD’s Pisa program will measure the ability of students to take action in response to climate anxiety and ‘take their position and role in the […]
For a few days new posts will appear below this one. Thank you to everyone!
If you can help me cover the bills, I can keep exposing the false religion, the crooks, the stupid.
We are running on the wire this year! I should have asked months ago…
By Jo Nova It’s a dangerous moment in history across the West, but as those in the gulags of 1953 would surely have said, we still have so much to work with. Our Democracies might be unraveling, but the Oligarch are coming undone. Investors are fleeing from wind, solar and exploding EVs. Voters are tossing out bad governments. And more than half the population knows that climate science is a religion. We are the majority, but they don’t want you to know.
It’s been 16 years here on this blog, somehow, outside the system, living off goodwill and donations, debating the U.N. and trillion dollar cartels. Real freedom is writing with no corporate sponsor, and no major advertiser. There’s no billionaire publisher to toss me off, no editor to boss me around, and no committee to answer to. The government can’t take away a grant it never gave me, and the […]
By Jo Nova
Quick! Set up a trillion dollar market and figure out the science later
We got it wrong for so long
Methane is supposedly 80 times more powerful as CO2 over the short term, and we are already feeding our cows seaweed and dubious additives like Bovaer® to reduce it, and we’re trying to make steaks in labs, and create burgers out of crickets. But it turns out, the experts were wrong, yet again, and trees are absorbing more methane than they emit. So just like that, there is a major new sink to remove methane from the air, and it’s been there all the time.
The funny thing is that for years everyone was measuring the air at the bottom of the tree trunk and finding methane emissions, but when Vincent Gauci et al measured 1 – 2 metres further up the tree, not only did the methane emissions shrink to nothing, the gas started to disappear from the air around the trunk. Apparently bacteria under the bark were dining on the methane.
The team looked at trees in Brazil, Panama, United Kingdom and Sweden and estimate that all the worlds trees might already be absorbing […]
By Jo Nova
The science is settled, except when they need more money
Australia’s leading climate modeler wants a big new Climate Agency, and to make the case he admits the current models really can’t predict if rivers will rise or fall, if Antarctica will get bigger or smaller, if sea levels will rise much, or if El Ninos or La Nina will be more common or if the floods of Lismore will occur more often.
To give us some idea of how bad the current models are, he’s recommending we shift from models with 100 kilometer blocks to high resolution models with 1 km cells. These new models will be at least 10,000 times bigger than current ones, and if they increase the vertical slices, they could easily be one hundred thousand or even a million times bigger.
And if they get this super model, they’ll need 10,000 to one million times the energy. But now that we’ve wrecked the grid, good luck running those monster data centers off sunlight and breezes.
Full credit to Tony Thomas for digging through pages of turgid text and webinars to uncover the truth.
Andy Pitman, November 2024
Oh Boy […]
By Jo Nova
And so it begins, scientists start peeling off the climate change labels from the ideology
The Trump clean-out has not even started and the bow wave is washing off some of the faded advertising.
Just as ESG and DEI are quietly disappearing into the bushes, soon, “climate change” will vanish too.
One day most scientists will say “we always knew it was overdone”. But right now, brave scientists are sticking to their beliefs … playing the victim card and adopting new advertising to keep their funding.
Anxious scientists brace for Trump’s climate denialism: ‘We have a target on our backs’
Oliver Milman, The Guardian
The prospect of an even more ideologically driven Trump administration slashing budgets and mass-firing federal staff has given America’s scientific community a sort of collective anxiety attack. “We all feel like we have a target on our backs,” said one National Oceanic and Atmospheric Administration scientist, who added that agency staff are already seeking to “pivot” by replacing mentions of the climate crisis with more acceptable terms such as “air quality”.
“My god, it’s so depressing,” said another federal scientist about the incoming administration. A […]
By Jo Nova
People forget that while electricity flows down those long interconnectors, sometimes high prices flow back the other way.
The Dunkelflute (wind drought) and a cold weather spell means electricity is at nosebleed prices. In southern Norway usually people pay €0.18 per KWh but the electricity price rose to over €1.12 per kilowatt hour for the highest cost hour last week. In southern Sweden the electricity used for a 10 minute shower cost €2.65 compared to €0.01 in central Sweden.
Montel Analytics forecast German wind output to drop to 2.8 gigawatts, compared to a normal capacity of 19 gigawatts at this time of year. The shift in weather has forced Germany to burn more fossil fuels, fire up coal power stations, and import energy from France…
In Germany consumer prices hit €936 per megawatt hour at one point last week because wind energy had failed. This was the highest level in 18 years. Things were so bad, companies stopped production in Germany.
Due to record-high electricity prices in Germany, several companies, including some that have been in operation for over a century, have been forced to halt production. Currently, electricity prices have reached […]
By Jo Nova
Not only is the new RSV vaccine not safe and effective, early results suggest it makes the disease worse
Bear in mind, they are experimenting on the youngest of the young: babies from 5 months to 2 years of age, and we are dealing with a disease that 90% of babies will catch in their first two years. Some of these babies will get a severe life threatening disease, but as I reported last month, the ones who are deficient in vitamin D are 5 to 10 times more likely to end up in intensive care. We can already do a lot to protect these babies, more cheaply and with far less risk than testing immature and complex therapies.
Maryanne Demasi reports that things are looking bad for the new RSV vaccine:
Moderna’s mRNA vaccine against RSV takes a tumble
The latest trial data demonstrates the dangerous speed of innovation.
This week, the Food and Drug Administration (FDA) disclosed that vaccinated children in the trial experienced higher rates of severe RSV compared to those in the placebo group.
The data was striking: 12.5% of vaccinated children developed severe or very […]
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By Jo Nova
Here in crazy Australia, we have too many renewables, but both sides of politics still want more
Here in the Renewable Crash Test Dummy Land, both sides of politics think we should use our national grid for weather control which is good for President Xi, but bad for Australians. The Opposition is pointing out that the 82% renewable purity target is bonkers, and we should add nuclear plants, while the Labor party are hell-bent on running the world’s first experiment in wind and solar with not much hydro, no nuclear power and no extension cords to a international market that can rescue us. Literally no nation on Earth is this recklessly ambitious.
With an election coming, and domestic electricity prices approaching escape velocity, both sides are sparring with economic reports. The government claims it can do a national wind and solar miracle grid for just $122 billion. But Frontier Economics put the cost at $594 billion. The opposition, meanwhile, has finally revealed the first serious costing of their big new nuclear power plan is $331 billion (which is $260 billion cheaper), but it’s still $300 billion we don’t really have.
Awkwardly for Labor, both […]
By Jo Nova
If you have the feeling that our universities are working for the enemy, you might be right
China is a developing nation, too poor to cut carbon emissions themselves, but somehow they can find the money to help the richest nation in the world reduce their fossil fuel use.
The Washington Free Beacon found a climate non-profit called Energy Foundation China was run by former Chinese Communist Party officials. Tax forms show they were sending money to US universities and other left-wing groups to help them research and promote things like “a clean energy future” and “low carbon cities”. Money is ending up at places like Harvard, and UCLA, as well as nonprofits, like the International Council on Clean Transportation, and Natural Resources Defense Council.
China, it appears, is working hard to cut carbon emissions, in other people’s countries Ex-CCP Officials Funneled Millions to US Universities, Nonprofits To Promote Green Energy, Tax Forms Show
Thomas Catenacci, Washington Free Post
Energy Foundation China, which operates primarily from Beijing, promotes energy policies designed to weaken US, watchdogs warn
“The Energy Foundation’s direct ties to the CCP are incredibly alarming, as they’ve spent millions to […]
Photo by Kim Hansen. Postprocessing by Richard Bartz and Kim Hansen. | Wikimedia
By Jo Nova
““The green transition in Denmark has stalled right now”
Denmark was the posterchild for the wind industry. It has the largest share of wind power in its national grid, and is home to the industry giants, Vestas and Orstead — two of the world’s largest wind-manufacturers . Denmark is planning a large expansion in wind energy (or it was). But when the government offered up three areas of the North Sea that were described as “among the best in the world”, the deadline came and went last Thursday and not a single bid was received.
Wind energy is free and no one wants it…
This is a huge shift from the situation in 2021 when there were so many bids for one wind plant, it ended up being settled by a lottery.
Denmark Gets No Bids in Largest-Ever Offshore Wind Tender
By Sanne Wass and Will Mathis Bloomberg
High costs and power price risks made auction undesirable
The Danish Energy Agency didn’t receive a single offer by Thursday’s deadline in the tender to develop three offshore […]
By Jo Nova
No wonder climate models can’t predict rainfall
” Until now, isoprene’s ability to form new [cloud seeding] particles has been considered negligible.”
Broad leaf tees emit up to 600 million metric tons of isoprene each year, but no one thought it mattered much. For obvious reasons it is made near the ground, and it’s quite reactive and doesn’t last long. During daylight it’s destroyed within hours. So the experts didn’t think the isoprene could help seed clouds in the upper atmosphere. But there is still quite a lot of isoprene left in a rainforest at night, and tropical storms suck it up “like a vacuum cleaner” and pump it up and spray it out some 8 to 15 kilometers above the trees. Then powerful winds can take these molecules thousands of kilometers away.
When the sun rises, hydroxyl radicals start reacting with the isoprene again, but the reactions are quite different in the cold upper troposphere. And lightning may have left some nitrous oxides floating around too. This combination ends up making a lot of the seed particles that generate clouds in the tropics. It’s almost like the forests want to create more rain…
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JoNova A science presenter, writer, speaker & former TV host; author of The Skeptic's Handbook (over 200,000 copies distributed & available in 15 languages).
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