Fossil Fuel Martyr: Mrs Tom Steyer Resigns from Harvard (One Day Before Her Six-Year Tenure Ends)

Business advice for the mission-driven entrepreneur. SVN member Kat Taylor, CEO & Co-Founder of One PacificCoast Bank, says "culture matters the most" when starting up a business.
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Kat Taylor—wife of billionaire environmental activist Tom Steyer—has resigned from Harvard’s Board of Overseers in protest at the university’s ongoing refusal to divest itself of its fossil fuel investment holdings.
The Daily Caller reports:

Taylor had enough of Harvard University’s fossil fuel investments. She stepped down from her position as a member of the Harvard Board of Overseers on Tuesday. In her resignation letter, Taylor decried the school’s “failure” to “adopt ethical commitments,” according to the Harvard Crimson.

“We should and would be horrified to find out that Harvard investments are actually funding some of the pernicious activities against which our standout academic leadership rails,” her letter stated. “But that is where we still sit, vulnerable to the inevitable association with our investment targets that profiting from them demands.

Harvard has a total endowment of $37.1 billion, with some investments in fossil fuels. The prestigious university has long faced pressure to divest. Over 100 Harvard faculty penned an open letter in 2014 urging University President Drew Faust to do so. In 2015, 20 students stormed a university building and demanded divestment. In March 2017, members of the activist organization Divest Harvard made similar demands while blockading University Hall.

It’s possible, however, that Harvard’s Board of Overseers won’t feel the loss of Ms Taylor too keenly. Her resignation, highly principled and selfless though it surely was, reportedly came just one day before her six-year term was due to expire.

Read the rest at Breitbart.

Climate Hypocrite George Soros Bets Big on Fossil Fuels

Soros
BRENDAN SMIALOWSKI/AFP/Getty Images

George Soros spent $160 million investing in fossil fuel companies in the final quarter of last year alone.

This makes him a huge liar or a massive hypocrite or an outrageous cynic – or, likely, all three – for almost no one in the world has spent more campaigning against “climate change” than Soros.

The Daily Caller reports:

In the last quarter of 2017, Soros Fund Management reported investments in eleven new fossil fuel corporations totalling nearly $160 million, according to his company’s December 31, 2017, filing before the Securities and Exchange Commission reviewed by TheDCNF.

His investments in fossil fuels undermines his public pledge to use his money to eliminate the oil, gas and coal industries, claiming they threaten the planet by accelerating climate change.

The billionaire’s most recent political efforts to warn about climate change was his underwriting of the organizations behind the April 29, 2017, “People’s Climate March” that marked the 100th day of President Donald Trump’s administration. Soros donated $36 million to 18 of the march’s 55 steering committee organizations between 2000 to 2014, according to the Media Research Center.

As with his pal Tom “Rhymes with Liar” Steyer – another billionaire environmental campaigner who has made a chunk of his fortune from fossil fuels – it appears to be a case of “do as I say, not do as I do.”

Read the rest on Breitbart.

$58 Trillion – 290 Apollo Programs – to ‘Combat’ Climate Change. This Is Beyond a Joke…

Man on the Moon.
Nasa/Getty

‘Climate Change’ – the most grotesquely expensive fraud in the history of the world – just got a heap load more expensive. So eye-wateringly, crazily, stupidly expensive that it dwarfs every scientific endeavor there has ever been, even such ventures as the Manhattan Project to build the atom bomb and the Apollo program to put man on the moon…

Let’s start modestly with one recent estimate of the cost of implementing the UN Paris Accord: according to this report by S & P Global Market Intelligence it will cost at least $5.2 trillion.

But wait. It gets worse. Much, much worse…

That modest $5.2 trillion is only if you add up the promises made by around 60 of the 189 countries which signed up to the deal. With two thirds of the signatory nations still to submit their financial estimates of “decarbonizing” their economies, that means the eventual bill will be considerably higher.

According to Bloomberg New Energy Finance the cost will be $12.7 trillion.

According to Al Gore’s Energy Transitions Commission , it’s $15 trillion.

But the estimate produced by the Steyer-Taylor Center at Stanford may be closest to the mark, however, because it comes from sources closest to the belly of the green beast.

Read the rest at Breitbart.

Trump Vindicated; Now Even the UN Confirms That the Paris Climate Accord Was a Complete Waste of Space

protest
AP/Thibault Camus

The United Nations has officially confirmed what many of us, including President Trump, knew already: the Paris climate accord was a complete waste of space.

As UN Environment admits in its latest Emissions Shortfall report, even when you add up all the CO2 reduction pledges made by all the signatory nations at Paris, it still comes to only a third of what is supposedly necessary to stop the world warming by more than 2 degrees C by the end of this century.

According to UN Environment’s head Eric Solheim, the world is heading for disaster:

“One year after the Paris Agreement entered into force, we still find ourselves in a situation where we are not doing nearly enough to save hundreds of millions of people from a miserable future. Governments, the private sector and civil society must bridge this catastrophic climate gap.”

Another way of looking at it, though, is that President Trump’s decision to pull out of the Paris accord is now fully vindicated. Had the Agreement been ratified, the U.S. would have handed countries like China and India a huge competitive advantage over the American economy. But – as even the UN now admits – it would have made no discernible difference to the alleged problem of “global warming.” So what, exactly would have been the point?

Read the rest at Breitbart.

Liberal Mega-Donor Tom Steyer Gives up on Climate Change (Because No One Cares…)

steyer
AP

Tom Steyer – the hedge fund guy with the annoying tartan tie – has decided to quit green advocacy politics and move“beyond climate change” in order to campaign on something – anything – that people actually give a damn about.

“We want to know what matters most to you, and what should be done,” he pleads, desperately, in a new video.

Let us pause for a moment and savour the man’s absurdity, chutzpah and brazen hypocrisy.

Here is a guy who, for the last decade, has been telling us that climate change is the most important issue of our time.

That’s why he spent millions of his personal fortune in the last two election cycles promoting liberal causes and supporting Democrat candidates: in order – as  he puts it on the website of his NextGenClimate SuperPac – to “prevent climate disaster.”

So what exactly has happened to make this great green philanthropist change his mind?

Did the planet stop warming? [well yes, actually, it pretty much did for the last 20 years, but that’s another story…]

Did mankind suddenly see sense and abandon the selfishness, greed and refusal to amend his lifestyle which has caused carbon-dioxide to reach levels unprecedented in the age of humans?

Did the mighty political power of all the nations who met in Paris to secure a climate deal in December 2015 result in an agreement so watertight and effective that the world was saved from the clutches of ManBearPig?

Nope. What happened was that this shyster opportunist – as I reported here, part of his vast fortune comes from his earlier investments in Big Coal – has simply reached the very expensive conclusion that no one gives a damn about the greenies’ imaginary climate problem.

Read the rest at Breitbart.

‘Winter Is Coming’ Warns the Solar Physicist the Alarmists Tried to Silence

This is the dire forecast of Professor Valentina Zharkova, a solar physicist at Northumbria University, who has based her prediction on sun spot activity – known to be a significant driver of global climate – which is currently very low and likely to get even lower during the next three solar cycles.

She has spoken about her research and her battle to get it taken seriously by the climate establishment in an interview with the Global Warming Policy Forum. You can see it in this short film.

According to Professor Zharkova:

We will see it from 2020 to 2053, when the three next cycles will be very reduced magnetic field of the sun. Basically what happens is these two waves, they separate into the opposite hemispheres and they will not be interacting with each other, which means that resulting magnetic field will drop dramatically nearly to zero. And this will be a similar conditions like in Maunder Minimum.

What will happen to the Earth remains to be seen and predicted because nobody has developed any program or any models of terrestrial response – they are based on this period when the sun has maximum activity — when the sun has these nice fluctuations, and its magnetic field [is] very strong. But we’re approaching to the stage when the magnetic field of the sun is going to be very, very small.

The Maunder Minimum occurred during the depths of the Little Ice Age, a period of feeble summers and bitingly cold winters, war, pestilence and famine. It wasn’t all bad: rivers like the Thames in London froze so thickly they could accommodate Ice Fairs; and it’s said that the slow tree growth induced by the cold gave the wood in Stradivarius violins their special timbre. On the whole, though, a descent into a new mini Ice Age would be massively debilitating both to the global economy and people’s living standards. Since the Little Ice Age ended in the middle of the Nineteenth century, we have all got used to the comforts and agricultural advantages (such as being able to grow wheat in more northerly latitudes) of living through a period of global warming. A second Little Ice Age will come as a very nasty shock.

That shock will be felt most especially by the world’s climate alarmist Establishment, whose scientists and learned institutions have staked their reputation on the idea that CO2, not solar activity, is the prime driver of climate and that the planet is on a warming trend not a cooling one.

This explains  why when Professor Zharkova first released her findings last year, various climate alarmists went behind her back to the Royal Astronomical Society to try to persuade them to withdraw the press release.

Read the rest at Breitbart.

World’s First Anti-Global-Warming Hedge Fund Sticks It to the Greenies

The other day, while out hunting, I met a man who ran a brothel. (Till he got busted, anyway). I liked and respected him for brothel-keeping is an honourable profession which supplies a vital need and makes the world a happier place.

This is something that never could be said of a single person working in the climate change industry. It is now worth an eyewatering $1.5 trillion per annum — not a penny of which goes on anything remotely useful. As I argue here at the Spectator, it is a Potemkin industry, a racket, a form of state-sanctioned organised crime.

No one, in a free market, would spend a penny of their earnings on wind turbines, solar panels, research grants for dubious climate science projects, local council sustainability officers, et al: the industry is entirely dependent for its existence on favours granted to rent-seeking troughers by the political class.

If you build a giant trough, the pigs will come. And they have. (No insult to real pigs, by the way. Bacon! Mmm)

I’m thinking, for example, of wind farm entrepreneurs like Dale “dog on a rope” Vince — the former new age traveller whose £100 million fortune derives from carpeting the British landscape with gigantic bat-chomping, bird-slicing eco-crucifixes.

Rajendra Pachauri, the bearded, yogic railway engineer with wandering hands who, largely because he fitted the right ethnic profile, managed to parlay his way into heading the Intergovernmental Panel on Climate Change, jetting round the world for a succession of climatological shindigs in exotic locations, as well as making a tidy bit on the side thanks to his TERI research institute.

Read the rest at Breitbart.

How Obama’s Green Crony Capitalism Is Reducing the US to a Banana Republic

“They are going to try to dirty him up,” said Court, a Steyer ally. “He is personally committed on a moral level to preventing a 4-degree temperature change that is irreversible, and he has $3 billion to pursue his passion.”

I have a couple of problems with this imaginative thesis, presumably advanced with Steyer’s blessing in order to distract from unhelpful stories like this one about  his latest egregious eco-fail in California.

1. How would it be possible, even with the combined resources of Chevron, Exxon, BP, Shell, Petrobras and whoever else, to cause more reputational damage to Tom Steyer than he has already achieved through his own magisterial efforts?

Sure he must have been clever or cunning sometime to have made at all that money for himself. But his more recent career, ever since deciding his new job was to save the world from ManBearPig, has been a succession of humiliating failures.

His NextGen SuperPac was a massive flop.

In Florida, it dispatched more than 500 staffers and volunteers to criticize Governor Rick Scott’s energy policies and used a “Noah’s ark” to show the threat of rising ocean levels. Scott still won re-election.

So was his Proposition 39 in California which, at yet further cost to the taxpayer, was supposed to have created 11,000 new “green jobs” a year. In fact the true figure has been closer to 600 green jobs a year, each costing $175,000 – and quite likely killing many more real jobs than the fake ones it created.

Read the rest at Breitbart.