Posted on 01/05/2024 11:51:29 AM PST by Oldeconomybuyer
…This year, expect climate change—and its effects and the policies meant to address it—to grow in relevance across the private sector. Here are six things I’m watching this year at the intersection of climate, business, and finance.
The U.S. election
Any consideration of this year in climate—for the private sector or otherwise—should begin with the U.S. presidential election. Electing Donald Trump president would turn the U.S., the world’s second-largest largest emitter, its largest economy, and its largest market, into a significant impediment to progress on climate policy.
Interest rates
Building capital-intensive clean energy projects typically relies on a significant amount of money financed either through debt or equity.
IRA implementation
The Biden Administration is working to define and in some cases finalize the rules of the road for a number of key provisions in the Inflation Reduction Act—everything from what hydrogen projects qualify for tax credits to what qualifies as a “foreign entity of concern.” These details will make a significant difference in how businesses invest in clean technology.
Climate disclosure
The U.S. Securities and Exchange Commission is expected to release a final version of its own climate disclosure regulation.
Climate finance
Finding the money to deploy climate technologies in emerging markets will feature in international summits like the G20 this year as well as in global climate talks.
Remaking of ESG
The backlash to ESG investing from culture warriors has led some of its biggest proponents to retreat—at least rhetorically. But it remains a space to watch.
(Excerpt) Read more at time.com ...
The most important thing to know these days is that media outlets like Slime lie and lie and lie and lie....
North Korean media is more accurate.
Remaking of ESG
The backlash to ESG investing from culture warriors has led some of its biggest proponents to retreat—at least rhetorically. But it remains a space to watch
_____
Too bad
It’s all about money. Money, money, money.
WRONG!
The "green" enterprises continue to fail at an alarming rate and the cancellation of the New England offshore wind farm is just the latest example.
The key to defeating this fraud is to overhaul the membership of the regulatory agencies and to shutter as many as possible.
My partial list. Watch for:
* Massive failure of “green” energy projects. To wit, all the offshore wind project cancellations
* Increasing grid instability and probable blackouts due to the rise of non-dispatchable windmills and solar cells
* Government efforts to take away your gasoline car and increase subsidies to EVs
* Government efforts to kill natural gas and ban NG appliances.
* Continued build-up of inventory of EVs on dealer lots
* Auto dealers rejecting money from the auto makers to push EVs and add to their EV inventory
* Continued EV conflagrations
* Winter will continue as usual with snow, ice and bitter cold
Good list!
If You Want to Understand Climate and Business In 2024
1. Bend over
2. Grab ankles
“The Case for Skepticism on Global Warming”
On January 25, 2005, at the National Press Club in Washington, D.C., towering writer, and himself a scientist, Michael Crichton delivered a detailed explanation of why he criticized the consensus view on global warming.
Using published UN data, he argued that claims for catastrophic warming arouse doubt; that reducing CO2 is vastly more difficult than is commonly presumed.
Crichton, a doctor (who does not practice medicine) spoke on why societies are morally unjustified in spending vast sums on a speculative issue when people around the world are dying of starvation and disease.
Electing Donald Trump president would turn the U.S., the world’s second-largest largest emitter.
JUSTIN WORLAND crack pipe must be more full than Hunters guess he has no idea about China and India and a few other facts.
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