This can only end in tears


As Sweden’s economy slows to the worst economic growth rate in 5 years under a negative interest rate policy, one would think the Swedish Central Bank (Riksbank) would be seeking to prudently manage its asset book on the basis of appropriate risk/reward as opposed to lecturing Australia and Canada on their respective carbon footprints. What we are witnessing is yet another discrete move by authorities to manipulate markets based on fantasy rather than fact.  The hypocrisy is extreme as we shall discover.

While the Riksbank should have complete freedom in how it wishes to deploy capital, we should view this is a pathetic sop to the cabal at the European Central Bank (ECB). Since when did central bankers become experts on climate change? The RBA is no better. Deputy Governor, Guy Debelle, gave a speech in March 2019 on the risks posed by climate change which based prophecies on the data accident-prone IPCC and Bureau of Meteorology. Why not seek balance? Easier to fold to group think so as not to be outed as a pariah. Utterly gutless. Our own APRA is also pushing this ridiculous agenda on climate change reporting. It is willful negligence.

While it is true that on a per capita basis, Australia and Canada’s emissions are higher than the global average, why doesn’t the Riksbank give us credit for lowering that amount 11.4% since 2000? Even Canada has reduced its carbon emissions by 7.3% over the last 18 years. Admittedly Sweden’s emissions per capita have fallen 21.9% according to the IEA. Greta will be happy.

Why hasn’t the Riksbank taken China or India to task for their 169.9% or 94.7% growth in CO2 emissions respectively? There are plenty of oil-producing nations – Qatar, UAE, Bahrain, Saudi Arabia and Oman that have worse per capita outcomes than Australia or Canada. Do these countries get special dispensation from the wrath of the Riksbank? Clearly.

The US has pulled out of the Paris Climate Accord. If the US has marginally lower emissions per capita (15.74t/CO2-e) than Australia (16.45t/CO2-e), isn’t a double standard to write,

The conditions for active climate consideration are slightly better in our work with the foreign exchange reserves. To ensure that the foreign exchange reserves fulfil
their purpose, they need to consist of assets that can be rapidly converted to money even when the markets are not functioning properly. Our assessment is that the foreign exchange reserves best correspond to this need if they consist of
75 per cent US government bonds, 20 per cent German and 5 per cent British, Danish and Norwegian government bonds.

Essentially Riksbank commitment to climate change is conditional. The US which is responsible for 13.8% of global emissions can be 75% of holdings. Australia at 1.3% can’t. No doubt sacrificing Queensland Treasury Corp, WA Treasury Corp and Albertan bonds from a Riksbank balance sheet perspective will have little impact on the total. In short, it looks to be pure tokenism. The Riksbank has invested around 8% of its foreign exchange reserves in Australian and Canadian central and federal government bonds. So perhaps at the moment, it is nothing but substitution from state to federal. Why not punish NSW TCorp for being part of a state that has 85%+ coal-fired power generation?

At the very least the Riksbank admits its own hypocrisy.

The Riksbank needs to develop its work on how to take climate change into consideration in asset management. For instance, we need a broader and deeper analysis of the issuers’ climate footprint. At the same time, one must remember that the foreign exchange reserves are unavoidably dominated by US and German government bonds. The Riksbank’s contribution to a better development of the climate will, therefore, remain small. This is entirely natural. The important decisions on how climate change should be counteracted in Sweden are political and should be taken by the government and the Riksdag (parliament).

Still, what hope have we got when Benoît Cœuré, member of the Executive Board of the ECB, lecturing those on “Scaling up Green Finance: The Role of Central Banks.” He noted,

2018 has seen one of the hottest summers in Europe since weather records began. Increasing weather extremes, rising sea levels and the Arctic melting are now clearly visible consequences of human-induced warming. Climate change is not a theory. It is a fact.

Reading more of this report only confirms the commitment of the ECB to follow the UN’s lead and deliberately look to misallocate capital based on unfounded claims of falling crop yields and rising prices (the opposite is occurring) and rising hurricane and drought activity (claims that even the IPCC has admitted there is little or no evidence by climate change). Sweden is merely being a well-behaved schoolboy.

Cœuré made the explicit claim, “The ECB, together with other national central banks of the Eurosystem, is actively supporting the European Commission’s sustainable finance agenda.

CM thinks the biggest problem with this “agenda” is that it risks even further misallocation of capital within global markets already drowning in poorly directed investment. It isn’t hard to see what is going on here. It is nothing short of deliberate market manipulation by trying to increase the cost of funding to conventional energy using farcical concocted “climate risks” to regulate them out of existence.

Cœuré made this clear in his speech,

once markets and credit risk agencies price climate risks properly, the amount of collateralised borrowing counterparties can obtain from the ECB will be adjusted accordingly.

What do you know? On cue, Seeking Alpha notes,

Cutting €2bn of yearly investments, the European Union will stop funding oil, natural gas and coal projects at the end of 2021 as it aims to become the first climate-neutral continent.

All CM will say is best of luck with this decision. Just watch how this kneeling at the altar of the pagan god of climate change will completely ruin the EU economy. The long term ramifications are already being felt. The EU can’t escape the fact that 118mn of its citizens (up from 78m in 2007) are below the poverty line. That is 22% of the population. So why then does Cœuré mention, in spite of such alarming poverty, that taking actions (that will likely increase unemployment) will be helped by “migration [which] has contributed to dampening wage growth…in recent years, thereby further complicating our efforts to bring inflation back to levels closer to 2%.

Closer to home, the National Australia Bank (NAB) has joined in the groupthink by looking to phase out lending to thermal coal companies by 2035. The $760 million exposure will be cut in half by 2028. If climate change is such a huge issue why not look to end it ASAP? This is terrible governance.

Why not assess thermal coal companies on the merits of the industry’s future rather than have the acting-CEO Philip Chronican make a limp-wristed excuse that it is merely getting in line with the government commitment to Paris? If lending to thermal coal is good for shareholders in 2036, who cares what our emissions targets are (which continue to fall per capita)? Maybe this is industry and regulator working hand-in-hand?

The market has always been the best weighing mechanism for risk. Unfortunately, for the last two decades, global central bank policy has gone out of its way to prevent the market from clearing. Now it seems that the authorities are taking actions that look like collusion to bully the ratings agencies into marking down legitimate businesses that are being punished for heresy.

This will ironically only make them even better investments down the track when reality dawns, just as CM pointed out with anti-ESG stocks. Just expect the entry points to these stocks to be exceedingly cheap. Buy what the market hates. It looks as though the bureaucrats are set to make fossil fuel companies penny stocks.

Can we defund SBS too?

This isn’t journalism. This is alarmist quackery for the sake of it. Venice has been subject to flooding for centuries. While the floods in Venice now are the highest for over 50 years, it still means that floods were higher in 1966. Let that sink in. Presumably it wasn’t climate change driven back then.

One can only imagine what a Venice Council could possibly do to combat climate change? Perhaps ruin the skyline with wind turbines and solar panels atop the roofs of the Rialto Bridge or San Marco Square?? To alarmists, no amount of tokenism is too little. Claim a climate emergency and show how worthy you really are.

No matter what the Venice Council does to “combat” climate change it will have no effect. Maybe the gondola union can indulge in some crony capitalism and demand that the €7.50 Vaporetto passenger ferries are banned so they can charge €150 to go from Santa Croce to Piazza San Marco instead. At least gondolas are zero emission vessels.

The SBS needs to grow up and deliver proper well reasoned content for the $400m in taxpayer funds it receives.

A colossally poor comparison, as usual

As ever the Climate Council of Australia rarely gets numbers right. Now they are benchmarking electric cars against Norway as a “leader”. While all these wonderful benefits might accrue to Norwegians, Norway is a poor example to benchmark against. Not to mention Wilson Parking won’t be too keen to join the party without subsidies.

Norway is 5% of our land mass, 1/5th our population and new car sales around 12% of Australia. According to BITRE, Australia has 877,561km of road network which is 9x larger than Norway.

Norway has around 8,000 chargers countrywide. Installation of fast chargers runs around A$60,000 per charging unit on top of the $100,000 preparation of each station for the high load 480V transformer setup to cope with the increased loads.

Norway state enterprise, Enova, said it would install fast chargers every 50km of 7,500km worth of main road/highway.

Australia has 234,820km of highways/main roads. Fast chargers at every 50km like the Norwegians would require a minimum of 4,700 charging stations across Australia. Norway commits to a minimum of 2 fast chargers and 2 standard chargers per station.

The problem is our plan for 570,000 cars per annum is 10x the number of EVs sold in Norway, requiring 10x the infrastructure.

While it is safe to assume that Norway’s stock of electric cars grows, our cumulative sales on Shorten’s dud election plan would have required far greater numbers. So let’s do the maths (note this doesn’t take into account the infrastructure issues of rural areas where diesel generators power some of the charging stations…shhhh):

14,700 stations x $100,000 per station to = $1,470,000,000

4,700 stations x 20 fast chargers @ A$60,000 = $5,640,000,000 (rural)

4,700 stations x 20 slow chargers @ A$9,000 = $846,000,000 (rural)

10,000 stations x 5 fast chargers @ A$60,000 = $3,000,000,000 (urban)

570,000 home charging stations @ $5,500 per set = $3,135,000,000 (this is just for 2030)

Grand Total: A$14,091,000,000

Good to see the Climate Council on message with thoroughly poorly thought out comparisons. That’s the problem with virtue signaling. It rarely looks at total costs. Never mind. Tokenism to them is worth it. Not to mention a Swedish study funded by the left leaning government in Stockholm which showed the production of the batteries to power EVs did the equivalent of 150,000km in CO2 before it has left the showroom. That’s not woke.

A deadly problem: should we ban SUVs from our cities?

Activists, including one wearing a Angela Merkel mask, outside the Frankfurt International Auto, holding signs reading ‘gas guzzling vehicles off the road’ and ‘Stop petrol and diesel’.

More junk journalism from The Guardian. Why can’t the paper make sensible commentary on the auto industry? Essentially it pushes a narrative that we should ban SUVs, a long term growth market for automakers because they advertise the segment too much. Shame on trying to act in the interests of shareholders. The article encourages the movement to push for a ban of SUVs in cities. Why? The socialisation of transport!

The article makes the early assertion that passengers are 11% more likely to die in an SUV accident than a regular passenger car. Unfortunately, it cited an article written 15 years ago. In that time, SUVs have evolved leaps and bounds. A far greater proportion of SUVs are made using a monocoque chassis as opposed to the old ladder frames. Even those SUVs with ladder chassis hold 5-star safety NHTSA ratings in 2019:

2019 Jeep Grand Cherokee – 5 star (ladder) vs 2004 Jeep Grand Cherokee – 3 star

2019 Ford Expedition – 5 star (ladder) – 2004 Ford Expedition – 5 star

2019 GMC Acadia – 5 star (ladder) – 2007 GMC Acadia – 4 star

2019 Toyota RAV4 – 5 star (monocoque) – 2004 Toyota RAV4 – 4 star

2019 Mazda CX-9 – 5 star (monocoque) – 2007 Mazda CX-9 – 4 star.

Some may recall in the early 2000s when the Ford Explorer/Firestone tyre rollover incident killed 261 people. Since then, carmakers have installed so many safety items – passive and active. Automatic braking, lane departure detection, forward collision warning, electronic brakeforce distribution (which prevents rollovers). SUVs are safer than ever, including pedestrian facing features.

Never mind the huge leap in safety. Let’s shame the automakers and buyers instead.

The Guardian noted, “In Germany, in 2018 they spent more on marketing SUVs than on any other segment; they actually spent as much as they spent on other segments together” says Stephan von Dassel, the district mayor of Berlin-Mitte. “This is not some accident that people suddenly are really into these cars, they are heavily pushed into the market.”

Wow, so carmakers actually made a sensible advertising budget allocations and convinced new buyers to voluntarily select their SUVs. Those wicked capitalists. They should be burnt at the stake for being in touch with their customers. Perhaps politicians could learn from the carmakers about being in touch with their constituents?

The Guardian then noted the following,

In Europe, sales of SUVs leapt from 7% of the market in 2009 to 36% in 2018. They are forecast to reach nearly 40% by 2021. While pedestrian deaths are falling across Europe, they are not falling as fast as deaths of those using other modes of transport.

So even though the sales of these vehicles have skyrocketed, pedestrian deaths are falling. Reading the paper published by the Insurance Institute for Highway Safety, stated

“A total of 5,987 pedestrians were killed in crashes in 2016, accounting for 16 percent of all crash fatalities. The number of pedestrians killed each year has declined 20 percent since 1975…”

Surprisingly, The Guardian waits till the end to point the finger at the pet issue facing SUVs – emissions.

“Transport, primarily road transport, is responsible for 27% of Europe’s carbon emissions. A decade ago the EU passed a law with a target to reduce carbon emissions to 95g/km by 2021 but a recent report by campaign organisation Transport and Environment highlights what is calls it “pitiful progress”. “Sixteen months from before the target comes into force carmakers are less than halfway towards their goals,” the report adds. The car industry faces hefty fines in Europe of €34bn in a few months for failing to meet emissions targets.”

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How is it that diesel engines, the increasingly preferred powerplant in SUVs, have had emissions cut 97% over the last 25 years? That is monumental progress.

Yet why have legislators tried to ban petrol and diesel cars and looking to force adoption of dirtier EVs which have done 150,000km equivalent CO2 emissions before leaving the showroom? Because ideology distorts reality. Even Schaeffler AG, an auto supplier, admitted it is almost impossible for automakers to comply with the different demands of over 200 cities in Europe with EV rules. No common standards and the quest of woke city councils trying to outdo each other on being climate-friendly. Then governments need to consider the 5% of total tax revenue that fill the coffers they would be giving up, although already in the US, Illinois is looking to impose a $1,000 a year EV tax.

Shouldn’t the EU and other countries face the realities that consumers (taxpayers) like the utility these SUVs provide for their individual needs over and above saving the planet? Shouldn’t politicians realise that consumers make conscious decisions when making the second largest purchase for the household?

One can absolutely bet that if some maker came out with a Hummer sized EV, these cities that want to ban SUVs from driving in them would grant the monster truck an exemption and special parking zones.

Julia Poliscanova, director of clean vehicles and e-mobility at Transport and Environment, says regulators must step in to force car manufacturers to produce and sell zero-emission and suitably sized vehicles, for example, small and light cars in urban areas.”

What if consumers don’t want to buy small and light cars? Force car makers to produce cars their customers don’t want? That is a winning strategy. If carmakers must sell zero-emission vehicles, why on God’s earth are politicians with absolutely no engineering pedigree dictating technology to the experts? Why not let necessity be the mother of invention? If carmakers can get fossil fuel-powered vehicles to be zero-emission and keep their brand DNA at the same time, imagine the billions that could be saved on reckless waste rolling out often unreliable charging infrastructure? Maybe then carmakers could build cars its customers wanted and make money to literally fuel the economy. Politicians would still be able to virtue signal! Win-win.

Maybe the modus operandi is to socialise transport. Poliscanova said, “Smart urban policies are also key to drive consumers towards clean and safe modes…Mayors should reduce space and parking spots for private cars and reallocate it to people and shared clean mobility services.

That is the ticket – force everyone off the road. That is a sure vote winner!

The thrill of the charge

CM has often made reference to the uselessness of EV police vehicles. The idea is that a fossil-fueled vehicle is ready to go ASAP. This radio transcript from Freemont Police in San Jose serves to highlight the biggest flaw of using EVs. When an emergency is in progress will, “sorry, in our quest to save the planet you’ll have to wait another 3 hours before we can attend to your domestic violence dispute. Bear with us. The car is on the charger” cut it?

Note the police in the Democratic People’s Republic of Victoria has selected Teslas for police cars.

Yet we already have so many beta test examples to reject the use of EVs.

In 2016, the LAPD bought $10m worth of BMW i3s to show its commitment to climate abatement. Sadly, the cars went largely unused as they were unsuited for police work.

CBS reported,

LAPD Deputy Chief Jorge Villegas said of the purchase, “Money well worth itIt’s all a part of saving the Earth, going green … quite frankly, to try and save money for the community and the taxpayers.”

But sources say some personnel are reluctant to use the electric cars because they can only go 80-100 miles on a charge. And the mileage logs we obtained seem to back that up.

From April 2016 when the project started through August 2017, we found most of the electric cars have only been used for a few thousand miles…And a handful are sitting in the garage with only a few hundred on them.

One in service since May 27, 2016, had just 400 miles on it!

That’s an average use of 6 miles a week!

With the monthly lease payment of a little more than $418, this one costs taxpayers over $15 a mile to use!… It just doesn’t make any sense!”

CM one posted this question to someone from the NSW St Johns Ambulance with respect to discussions about EV ambulances. He said unequivocally,

We have Webasto heaters in our cars in the colder areas. Running off the diesel they can operate 24/7 if needed. If we don’t have them some of our equipment doesn’t work like our tympanic thermometers, the blood glucose reader and then there is the problem of having cold fluids in the car. This is a problem if we are giving them an IV because we can make a patient hypothermic if it’s cold. Then there’s just the general environment inside the cab. It needs to be warm in winter.

That is the point. Emergency services need to be able to operate on call. 5 minutes to fill up with gasoline or diesel means that efficient utilisation and dispatch is guaranteed for at least 500km+.

If end users have to weigh having their lives saved or rescue the planet, it is a no brainer which they will choose. We already know that Tesla P100Ds have done 167,000km in CO2 before they’ve left the factory. “To Protect and serve after a fast charge” should be emblazoned on the doors.

Have the old ruined the planet for the youth as they prepare for the school climate strike tomorrow?

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As the school climate strikes are prepared for tomorrow, it is worth reflecting on the recklessness of the older generations…or not…

At the store check out, the young cashier suggested to the much older lady that she should bring her own grocery bags because plastic bags are not good for the environment.

The woman apologized to the young girl and explained, “We didn’t have this ‘green thing’ back in my earlier days.”

The young clerk responded, “That’s our problem today. Your generation did not care enough to save our environment for future generations.”

The older lady said that she was right our generation didn’t have the “green thing” in its day. The older lady went on to explain: Back then, we returned milk bottles, soda bottles and beer bottles to the store. The store sent them back to the plant to be washed and sterilized and refilled, so it could use the same bottles over and over. So they really were recycled.

But we didn’t have the “green thing” back in our day. Grocery stores bagged our groceries in brown paper bags that we reused for numerous things. Most memorable besides household garbage bags was the use of brown paper bags as book covers for our school books. This was to ensure that public property (the books provided for our use by the school) was not defaced by our scribblings. Then we were able to personalize our books on the brown paper bags.

But, too bad we didn’t do the “green thing” back then. We walked up stairs because we didn’t have an escalator in every store and office building. We walked to the grocery store and didn’t climb into a 300-horsepower machine every time we had to go two blocks. But she was right. We didn’t have the “green thing” in our day.

Back then we washed the baby’s diapers because we didn’t have the throw-away kind. We dried clothes on a line, not in an energy-gobbling machine burning up 220 volts. Wind and solar power really did dry our clothes back in our early days.

Kids got hand-me-down clothes from their brothers or sisters, not always brand-new clothing. But that young lady is right; we didn’t have the “green thing” back in our day.
Back then we had one TV, or radio, in the house — not a TV in every room. And the TV had a small screen the size of a handkerchief (remember them?), not a screen the size of the state of Montana.

In the kitchen, we blended and stirred by hand because we didn’t have electric machines to do everything for us.

When we packaged a fragile item to send in the mail, we used wadded up old newspapers to cushion it, not Styrofoam or plastic bubble wrap.

Back then, we didn’t fire up an engine and burn gasoline just to cut the lawn. We used a push mower that ran on human power.

We exercised by working so we didn’t need to go to a health club to run on treadmills that operate on electricity. But she’s right; we didn’t have the “green thing” back then.

We drank from a fountain when we were thirsty instead of using a cup or a plastic bottle every time we had a drink of water. We refilled writing pens with ink instead of buying a new pen, and we replaced the razor blade in a razor instead of throwing away the whole razor just because the blade got dull. But we didn’t have the “green thing” back then.
Back then, people took the streetcar or a bus and kids rode their bikes to school or walked instead of turning their moms into a 24-hour taxi service in the family’s $45,000 SUV or van, which cost what a whole house did before the “green thing.”

We had one electrical outlet in a room, not an entire bank of sockets to power a dozen appliances. And we didn’t need a computerized gadget to receive a signal beamed from satellites 23,000 miles out in space in order to find the nearest burger joint.
But isn’t it sad the current generation laments how wasteful we old folks were just because we didn’t have the “green thing” back then?

Please forward this on to another selfish old person who needs a lesson in conservation from a smart ass young person. We don’t like being old in the first place, so it doesn’t take much to piss us off… Especially from a tattooed, multiple pierced smartass who can’t make change without the cash register telling them how much.

Our education is the problem, not the climate

You know things have got to be bad when Zali Steggall OAM MP is launching The Australia Institute’s (TAI) ‘Climate of the Nation 2019‘ report which claims 81% of Aussies are concerned that climate change will impact droughts and flooding. Huh? The IPCC has already admitted, “available climate data do not show any increasing trend in extreme weather events (e.g. extreme precipitation, extreme drought, thunderstorms, winter blizzards) in any part of the world.”

Did TAI conduct the survey at the Australian Medical Association (AMA) which is now trying to dictate climate policy? Between the RBA, APRA and the AMA, we might need a beauty contest to see which of them takes over at the Department of Environment & Energy. CM is surprised that the AMA hasn’t demanded to take over the organization of the Royal Easter Show from the Royal Agricultural Society now they are experts in food security!

Why do people get so embroiled in talking about the “science being settled”. OK, let’s assume it is. We use all of the well publicized and peer-reviewed data scrapes from the IPCC reports, the EU’s in house statistics bureau, Eurostat, and the EIA.

We only need a basic Year 7 grasp of elementary mathematics to educate on the facts. The IPCC claim that CO2, as a proportion of the atmosphere, is 0.0415%. It also tells us that human-made CO2 is 3% of the total. 97% is natural. Australia for its sins is 1.08% of human-made global CO2 emissions.

So, 0.0415% x 3% x 1.08% = 0.00001345%. Let’s forget the science and say it was the interest earned on a 20-year compounding deposit of $10,000. If you doubled or halved the above percentage across that deposit you’d get virtually the exact same result in all three scenarios.

Farting cows are no different. Methane is an even smaller part of the atmosphere. 722 parts per billion. Animals (in total) make up 13% of the methane produced meaning that 0.00000939% of the atmosphere is down to animals. Angela Merkel was imploring Chinese don’t grow a meat habit so she can save the planet (aka justify a meat tax increase at home). By the way, Australia has 26mn cattle out of a total of 1 billion worldwide. So Australia is 2.6% of global head of cattle. So 2.6% x 0.00000939% = 0.00000024%. That is a disingenuous number because it doesn’t factor horses, ducks, sheep, household pets and budgies. Perhaps Africans need to educate lions to move to plant-based meat substitutes and leave water buffalo alone.

Do people realize that rice paddies account for more methane than cows? Where are the environmentalists and climate alarmists demanding that Asian nations, 40% of the global population, must cease eating rice? Better tell Mother Nature that she creates 45% of the methane out there through peat bogs and tundras.

How ironic that Zali Steggall, the Member for Warringah (home to the Northern Beaches Council (NBC)) is TAI’s champion. Did she read that NBC declared a climate emergency after having a sermon delivered by Tim Flannery, who has made countless dud predictions leading to the waste of billions of spending in desal plants?

In the  2017/18  NBC annual report it states the council saved 293 tons of CO2. Given that Australia produces around 561m tons, this amazing effort has meant a reduction of 0.0000522% of Australia’s total. Put it against Australia’s CO2 impact vs the entire atmosphere means that Northern Beaches have hammered home a mammoth 0.000000000699857% saving! Yes, 9 zeroes. C’mon Zali, you should be citing this impactless tokenism in your address. By the way, we’re still waiting for wind farms on Balmoral Beach.

The range of claims made in the TAI report speaks to little more than agenda based data gathering with leading questions.

For instance, if Labor was destroyed in the federal election over Adani, how could 73% of Queenslanders possibly want Australia’s coal-fired power stations phased out as soon as possible or gradually? Did the pollsters mistakenly manage to interview Bob Brown’s anti-Adani convoy which skewed the findings? If you want to get answers to questions that effectively make claims (climate change already causing) it is easy if it is written as though it is a fact to begin with,

“Melting of the Polar ice caps” (51%) – IPCC has already climbed down from such claims
“More heatwaves and extreme hot days” (48%) – no consistent data on this. 
“Destruction of the Great Barrier Reef” (44%) – it isn’t happening – just ask Peter Ridd or the Vice-Chancellor at James Cook University
“More droughts affecting crop production & food supply” (42%) – global crop yields growing
“More Bushfires” (36%) – fallen over time
“Water Shortages in the Cities” (30%) – haven’t experienced one 

Taking bushfires as an example. Facts from the Australian Institute of Criminology (AIC) show that 85% of bushfires are either deliberately, suspiciously or accidentally lit. The AIC sees that while the data is somewhat sketchy that the most common profile of arsonists was “white male, mid-20s, patchy employment record, often above average intelligence, but poor academic achievement and poor social development skills…56% of convicted structural arsonists and 37% of bushfire arsonists in NSW had a prior conviction for a previous offence. ”

In the US those figures are around 90%. A study in the journal Science determined the global burnt area from fires, rather than growing, had declined by roughly 25% from 1999 to 2017.

So do the stats support global warming or successful mainstream media coverage sensationalising the truth to feed narratives? Don’t get started on the Amazon fires. CM wrote about it here.

Energy source rank went Wind (76%), Solar (58%) & Hydro (39%) although nuclear power ranked above coal and gas. Surprise, surprise.  (p.11).

Apparently, 64% of Aussies want to be net-zero emissions by 2050. To do that we’d need to stop all mining, end farming and phase out all fossil-fuel power from transport to power generation. Just think of the UK’s plan to do this. Going to be a bit hard when 85% of British households rely on gas to heat their homes. Will the power grid hold up to a switch to electric heating?

On p.25, TAI makes reference to the Icelandic glacier, Ok, that lost its status 5 years ago. According to the UN Chronicle, “The sudden surging of glaciers is not related to climatic fluctuations, and surges can take place even at times when glaciers retreat. This is the usual behaviour of some glaciers and can not be evidence of an impending surge… unfortunately, direct observations of a change in the movement of a glacier at the onset of a surge are still very rare, and the causes for surges are not yet clear…It should be emphasized that the problem of climate change is extremely difficult to understand, and it has still not been possible to know what factors in the past decades — natural or anthropogenic — have caused the warming. There are still many uncertainties in solving this problem. IPCC estimates are rather wide in their range of accuracy and, therefore, cannot predict with confidence…at least not in the coming decades and centuries.”

Maybe we just need to accept that China produces more GHG in two weeks than we do in a year. At the rate it is going, by 2030 it will likely be closer to one week. Once again folks, education seems a bigger problem than climate change. Basic fractions are more valuable than deep knowledge of climate science. Even using numbers supplied by the organisations they constantly espouse as the oracle, the minuscule impacts we can have are never mentioned. Tokenism is somehow virtuous.