‘Bitcoin and Porn Cause Global Warming’, Environmentalists Warn

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Environmentalists have discovered the two new things most likely to turn the planet into a molten orb of glowing red climate death.
By awful coincidence, they happen to be the same two things that men enjoy doing perhaps more than anything in the world (at least when their wives or girlfriends aren’t looking.)

a) making vast sums of money out of exceedingly risky and speculative cryptocurrency trading when all the experts are saying it’s like 17th century Dutch Tulipmania, only with rocket boosters and sprinkled with essence of Enron, Sub-Prime Mortgages and the South Sea Bubble.

and

b) looking at screen pictures of purty, naked ladies and re-enacting the scene in South Park where the internet is banned and Randy breaks into the trailer housing the very last computer console still connected to Pornhub…

Yep. They’re not joking. Bitcoin and porn are the two latest things which, experts tell us, are causing “global warming”.

First, porn. According to this groundbreaking investigation in The Atlantic, pornography is causing even more danger to the planet than it did in the days when it simply involved cutting down forests to make glossy paper for dirty magazines.

Read the rest at Breitbart.

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Renewmaggedon – Solar, Wind Industries Dying as Subsidies Dry Up…

Chris McGrath/Getty

See if you can work out what these recent stories from around the world have in common:
This one (from PV Tech):

 This one (from BNN)
and this one (from Motor1 News)

Yes. That’s right. Slowly, deliciously, like a leech starved of blood, the renewable energy industry is withering away and dying. It can only survive through government enforced subsidies or bribe-incentives. Once those dry up, so does its trade.

I wish I could say it gave me no pleasure to see all those jobs being lost, all those businesses collapsing, all those investors losing their shirts. But I’d be lying. The jobs aren’t productive ones, the businesses are an ugly manifestation of crony capitalism, and the investors should have realized that in finance there’s no such thing as a one way bet. And in any case the victims of the renewable energy industry’s ongoing collapse will be far outnumbered by the victors. Renewables are, and always have been, a scam perpetrated by the few against the many.

A tiny minority – Elon MuskDale “Dog on a Rope” Vince; etc – get very, very rich. But the ordinary folk forced to use their “clean” energy (whether they like it or not) just see their bills go up or, in the worst cases die in fuel poverty, even while the planet we’re supposed to be saving gets carpeted in bat-chomping, bird-slicing eco-crucifixes and bird-frying solar arrays.

This is a moment for Americans, once again, to savor just how lucky they are to have a President who doesn’t buy into this green nonsense. President Trump understands instinctively that renewables – apart from killing birds on an epic scale – are just rent-seeking with a smiley green face on top.

It’s also a killer for domestic jobs and industry, as Cato’s Jason Scott Johnston explainshere.

While Germany has succeeded in increasing the share of wind and solar in German electricity production to over 30 percent, the average German household spent 50 percent more on electricity in 2016 than 2007. German firms open new manufacturing facilities not in Germany, but in Slovakia and other countries with much cheaper electricity.

Indeed, so economically suicidal is the renewable energy scam that you can use it as the benchmark against which to test a functioning Western economy. The more enthusiastic about renewable energy it is, the more deluded its leadership and the more likely it is to experience economic collapse.

Read the rest at Breitbart.

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Elon Musk, Solar Snake-Oil Salesman, Hits a New Mark…

elon musk
Dario Cantatore/Getty

My top financial advice for the week: #shortTesla.
Actually, this has been my top financial advice for some time. But it’s starting to look cannier and cannier as Elon Musk’s taxpayer-funded business empire begins to crumble and more and more people start to ask awkward questions like: “This solar snake oil you’re selling. How exactly does it work for anyone other than the guy who’s selling it?”

In Hong Kong they’ve already wised up to this. Tesla sales have plummeted to zero after the government removed the tax breaks.

People only buy impractical, expensive, virtue-signalling cars when heavily bribed by the government to do so. Who would have thought, eh?

But for Elon Musk likely the much bigger disaster just waiting to happen is the deal he has struck with the government of South Australia, promising to help resolve the state’s energy crisis by building the world’s largest grid-scale battery. The Independent reports:

South Australia has picked Tesla to install the world’s largest grid-scale battery, which would be paired with a wind farm provided by France’s Neoen, in a major test of the reliability of large-scale renewable energy use.

South Australia, the fifth-biggest state with a population of 1.7 million, has raced ahead of the rest of the country in turning to wind power. Its shutdown of coal-fired plants has led to outages across the eastern part of the nation, driving up energy prices.

The drawback to South Australia’s heavy reliance on renewables has been an inability to adequately store that energy, leading to vulnerabilities when the wind doesn’t blow.

This Nobel-Prizewinning Professor Knows Less About Economics than Donald Trump

Reuters

Some economically-illiterate moron just hijacked Joseph Stiglitz’s email, submitted a really embarrassing article on the economics of Trump’s departure from the Paris Agreement, and actually got it published under his name.

Well that’s the charitable explanation for the execrable piece published today under the title, “Trump and the Truth About Climate Change.

It begins:

Under President Donald Trump’s leadership, the United States took another major step toward establishing itself as a rogue state on June 1, when it withdrew from the Paris climate agreement. For years, Trump has indulged the strange conspiracy theory that, as he put it in 2012, “The concept of global warming was created by and for the Chinese in order to make US manufacturing non-competitive.” But this was not the reason Trump advanced for withdrawing the US from the Paris accord. Rather, the agreement, he alleged, was bad for the US and implicitly unfair to it.

While fairness, like beauty, is in the eye of the beholder, Trump’s claim is difficult to justify. On the contrary, the Paris accord is very good for America, and it is the US that continues to impose an unfair burden on others.

Clearly only a sub-literate political activist could have written such hysterical, tendentious, reality-denying drivel.

But if I’m wrong and it really is the work of yer actual Professor Joseph Stiglitz then I think it’s time the Nobel academy asked for the return of the prize they gave him for economics in 2001. I’m not an economics major myself, let alone a feted, Nobel prizewinning professor at Columbia University, but even I can see his line of argument is nonsense.

Where it really falls down is when Stiglitz attempts to make the claim that the Paris Agreement was good for America.

In fact, far more jobs are being created in solar panel installation than are being lost in coal. More generally, moving to a green economy would increase US income today and economic growth in the future. In this, as in so many things, Trump is hopelessly mired in the past.

Truly it is astonishing to read a Nobel-prize-winning economist make such an obviously specious point.

Yes, it’s true – as Paul Homewood notes – that the “solar now bigger than coal” has become a popular meme circulated ad nauseam by climate alarmists and green activists — and celebrated by the credulous:

Read the rest at Breitbart.

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That Paris Speech Just Made Trump Great Again

Under promise and over deliver.

As a businessman, Trump knows that those are the rules. And as president that’s just what he did today in his inspirational speech about pulling out of the Paris climate agreement.

It was inspirational because it articulated better than any world leader has ever done before why environmentalism is in fact such a harmful creed.

Rather than get bogged down in the “science” of climate change — an elephant trap so arranged by climate alarmists to make anyone who disagrees with them look ignorant or “anti-science” — he cut to the chase and talked about the important stuff that hardly ever gets mentioned by all the other politicians, for some reason: the fact that the climate change industry is killing jobs.

He talked about “lost jobs; lower wages, shuttered factories.”

He listed what the effects of implementing the Paris Agreement would be, by 2040, on key sectors of the US economy:

Read the rest at Breitbart.

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Top Physicist and Leading Republicans Urge Trump to Quit Paris Climate Agreement

paris
ALAIN JOCARD/AFP/Getty

Should Donald Trump hamstring the U.S. economy, rip off the consumer, despoil the landscape, give succour to America’s enemies and promote junk science – all in order to keep a “seat at the table” with people who despise him and think he’s an idiot?

To some people – including several senior members of the Trump administration – the answer isn’t immediately obvious. Which is why this week both a leading U.S. scientist and a number of top Senate Republicans have had to urge the president to see sense and ignore the siren voices urging him to stay in the UN’s Paris climate agreement.

The 20 top Republicans, led by Majority Leader Mitch McConnell, R-Ky., have signed a letter warning the president that remaining in Paris “would subject the United States to significant litigation risk that could up-end your administration’s ability to fulfill its goal of rescinding the Clean Power Plan.”

Meanwhile, the distinguished physicist Will Happer – long mooted as a possible Science Advisor in the Trump administration – has argued that staying in Paris will not only be pointless but will be a betrayal of Trump’s election promise to voters that he would pull out.

Climate policy, however, poses a grave threat. Yes, those who engineered the Paris Agreement will be upset if the United States withdraws. Withdrawal will also outrage the many who profit from climate alarmism. But remaining in the Paris Agreement will not sit well with many of those who voted for Mr. Trump in part because of his campaign promises to withdraw from the agreement. These voters rightly perceived that the agreement would benefit a privileged international elite, at the expense of the common people of the United States and of the rest of the world.

You might think that such interventions ought to be unnecessary. President Trump is, after all, an avowed climate skeptic who has already taken several important steps towards tackling the Green Blob, most recently by promising to eliminate “nearly $1.6 billion in international programs aimed at promoting green energy and fighting global warming.”

Among the targets on his hit list: the United Nations’ Green Climate Fund (GCF), which hands out money for programs to adapt or mitigate global warming; the Clean Technology Fund and the Strategic Climate Fund – saving $239 million; and the Global Climate Change Initiative, saving U.S. taxpayers $362 million.

But Trump is still wavering over the Paris climate agreement, which senior members of his administration, including Jared Kushner, daughter Ivanka, and Secretary of State Rex Tillerson are urging him not to quit.

Anyone puzzled by the fact that the former CEO of Exxon is supporting an agreement totally opposed to the company’s business model and shareholder interests really needs to read this eye-opening piece by Steve Milloy.

Read the rest at Breitbart.

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