George Soros gave Ivanka's husband's business a $250 million credit line in 2015 per WSJ. Soros is also an investor in Jared's business.

Monday, June 10, 2013

US 2012 CO2 emissions plunge again per IEA, China CO2 emissions rise again, more than offsetting all the CO2 reductions achieved by Americans

6/10/13, "US Carbon Dioxide Emissions Fall as Global Emissions Rise," Cato.org, Paul C. 'Chip' Knappenberger
 
"A new report from the International Energy Agency is sparking headlines across the media. “Global carbon dioxide emissions soared to record high in 2012” proclaimed USA Today; The Weather Channel led “Carbon dioxide emissions rose to record high in 2012”; and the Seattle Post-Intelligencer added “The world pumped a record amount of carbon dioxide in the atmosphere in 2012.”

The figure below (taken from the IEA summary) provides the rest of the story. It shows a breakdown of the change in carbon dioxide emissions from 2011 to 2012 from various regions of the globe.


















Notice that the U.S. is far and away the leader in reducing carbon dioxide (CO2) emissions, while China primarily is responsible for pushing global CO2 emissions higher. In fact, CO2 emissions growth in China more than offsets all the CO2 savings that we have achieved in the U.S.

This will happen for the foreseeable future. Domestic actions to reduce carbon dioxide emissions will not produce a decline in the overall atmospheric carbon dioxide concentration.  The best we can hope to achieve is to slow the rate of growth of the atmospheric concentration—an effect that we can only achieve until our emissions are reduced to zero. The resulting climate impact is small and transient....

The primary reason for the U.S. emissions decline is the result of new technologies from the fossil fuel industry that are leading to cheap coal being displaced by even cheaper natural gas for the generation of electricity. As luck would have it, the chemistry works out that that burning natural gas produces the same amount of energy for only about half of the CO2 emissions that burning coal does.


A new report from the U.S. Energy Information Administration estimates that as a result of these new technologies (e.g., hydraulic fracturing and horizontal drilling), globally, the technologically recoverable reserves of natural gas are nearly 50% greater than prior to their development.


Currently, the U.S. is the leader in the deployment of these technologies, and the effects are obvious (as seen in the figure above). If and when more countries start to employ such technologies to recover natural gas, perhaps the growth in global carbon dioxide emissions will begin to slow (as compared to current projections).

Considering that possibility, along with the new, lower estimates for how sensitive the global average temperature is to carbon dioxide emissions, and the case for alarming climate change (and a carbon tax to try to mitigate it) is fading fast."
via Climate Depot

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4/25/13, "Still Another Low Climate Sensitivity Estimate," Cato.org, Michaels and Knappenberger

"The equilibrium climate sensitivity is the amount that the earth’s surface temperature will rise from a doubling of the pre-industrial atmospheric concentration of carbon dioxide. As such, it is probably the most important factor in determining whether or not we need to “do something to mitigate future climate change. Lower sensitivity means low urgency, and, if low enough,
carbon dioxide emissions confer a net benefit.

And despite common claims that the “science is settled” when it comes to global warming, we are still learning more and more about the earth complex climate system—and the more we learn, the less responsive it seems that the earth’s average temperature is to human carbon dioxide emissions.

The latest study to document a low climate sensitivity is authored by independent scientist Nic Lewis and is scheduled for publication in the Journal of Climate."... 


 


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I'm the daughter of a World War II Air Force pilot and outdoorsman who settled in New Jersey.