"With the proposal gaining momentum in Washington, DC, it’s well worth examining its actual merits. And even a cursory glance reveals that in reality the plan would simply waste money, create zero jobs on net, and do nothing to mitigate climate change."
"From Net Zero Teesside in the United Kingdom to Houston’s Carbon Capture Hub, a new generation of carbon campuses — where carbon dioxide emissions are captured, used in products and stored underground — is coming online."
"This isn’t the first Tesla subsidiary that is in Texas. Gambit Energy Storage previously announced its construction of 100-megawatt batteries in Houston. Its purpose is to supplement the Southeast Texas grid with large amounts of power if another blackout occurs. Gambit Energy Storage also sells solar panels and batteries."
"His administration’s ambitious agenda to stem global warming calls for a shift away from fossil fuels. Yet Mr. Biden is now urging the Organization of the Petroleum Exporting Countries to increase production to ease shortages and lower prices."
"It would be impossible to physically police the world’s forests, which are vital to the planet’s wellbeing. If applications like blockchain and AI can help, and in some cases prevent further damage from being done then that is no bad thing. As ironic as it sounds, the future of the world’s eco-system is in technology’s hands."
"The NIF creates temperatures of more than 180 million degrees Fahrenheit, with pressures surpassing 100 billion Earth atmospheres. It's heavy. And these wildly hot and heavy conditions force hydrogen atoms within the target to undergo fusion, releasing tremendous amounts of energy in a controlled reaction called thermonuclear fusion."
"Previously, the GCP data showed global CO2 emissions increasing by an average of 1.4 GtCO2 per year between 2011 and 2019 – prior to Covid-related emissions declines. The new revised dataset shows that global CO2 emissions were essentially flat – increasing by only 0.1GtCO2 per year from 2011 and 2019. When 2020 and 2021 are included, the new GCP data actually shows slightly declining global emissions over the past decade, though this should be treated with caution due to the temporary nature of Covid-related declines."
"First, the sums involved aren’t that large when properly scaled. As Mr. Moynihan says more than once: 'It’s not that much money.' Second, while government action is key, the private sector through its own commitments to net zero can create the revenue streams needed to mobilize capital."
"The development required for net-zero carbon is increasingly meeting local resistance on the ground, including from people who identify as environmentalist."
"We must declare the Chinese Communist Party Climate Enemy No. 1. As sea levels continue to rise and heat waves ravage the developed and developing world alike, we simply cannot afford to wait for an authoritarian communist regime to wake up and realize its moral obligation to act."
