Berkeley, CA declares ‘climate emergency’, calls for ‘humane’ population control

“Is Berkeley’s pledge actually achievable? Evidence from other cities suggests ambitious climate plans often fail.”

Read more: http://dailycaller.com/2018/06/13/berkeley-climate-emergency-population-control/

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California’s Solar Mandate Raises Housing And Energy Prices Without Reducing CO2

“The California Energy Commission (CEC) approved the regulation with little public debate or discussion, prompting criticism from one of the state’s top energy economists.”

Read more: https://www.forbes.com/sites/michaelshellenberger/2018/05/10/californias-solar-roof-law-will-increase-housing-energy-prices-and-do-little-to-reduce-emissions/#53d1b05f3199

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Why Do Americans Stay When Their Town Has No Future?

“Family and community are the only things left in Adams County, Ohio, as the coal-fired power plants abandon ship and the government shrugs.”

Read more: https://www.bloomberg.com/news/features/2018-05-23/why-do-americans-stay-when-their-town-has-no-future

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The end of a world of nation-states may be upon us

“Nation-states are nothing but agreed-upon myths: we give up certain freedoms in order to secure others. But if that transaction no longer works, and we stop agreeing on the myth, it ceases to have power over us.  So what might replace it? The trends that are pinching the nation-state are helping the city-state. In a highly connected, quasi-borderless world, cities are centres of commerce, growth, innovation, technology and finance.”

Read more: https://aeon.co/essays/the-end-of-a-world-of-nation-states-may-be-upon-us

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Once China’s richest person, Hanergy’s Li Hejun sells shares at 95pc discount

“Beleaguered Hanergy Thin Film Power chairman Li Hejun has agreed to sell HK$537 million worth of the firm’s shares at a 94.5 per cent discount as the firm struggles amid a regulatory probe.  The company’s shares are traded on the stock exchange in Hong Kong dollars. They last traded at HK$3.91 on May 21, when trading was abruptly halted on the firm’s request after they plunged 47 per cent in about an hour.  The SFC in June demanded from Hanergy audited financial statements of its parent Hanergy Holding for the past four years and detailed terms of outstanding loans taken out by Li.  But Hanergy said it could not meet the SFC’s request for financial statements.”

http://www.scmp.com/business/companies/article/1895893/once-chinas-richest-person-now-troubled-hanergy-chairman-li-hejun

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Elon Musk’s growing empire is fueled by $4.9 billion in government subsidies

“Tesla Motors Inc., SolarCity Corp. and Space Exploration Technologies Corp., known as SpaceX, together have benefited from an estimated $4.9 billion in government support, according to data compiled by The Times. The figure underscores a common theme running through his emerging empire: a public-private financing model underpinning long-shot start-ups.  The figure compiled by The Times comprises a variety of government incentives, including grants, tax breaks, factory construction, discounted loans and environmental credits that Tesla can sell. It also includes tax credits and rebates to buyers of solar panels and electric cars.”

http://www.latimes.com/business/la-fi-hy-musk-subsidies-20150531-story.html

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Forcing Green Politics on Pension Funds

“The beauty of the stock market is that no one can tell you where to put your money—until now. Last month the Obama administration’s Labor Department issued Interpretive Bulletin 2015-01, which tells pension funds what factors to use when choosing investments, including climate change. Only a few tax lawyers noticed, but with U.S. pensions at $9 trillion, this is a gross power grab that will hurt the retirees it claims to protect.”

http://www.wsj.com/articles/forcing-green-politics-on-pension-funds-1447891401

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The War on Air Conditioning Heats Up

“It started with the pope. In his recent encyclical, Laudato Si’, he singled out air conditioning as a particularly good example of wasteful habits and excessive consumption that overcome our better natures.  Now, it seems to be open season on air conditioning. From a raging Facebook debate over an article that claims that air conditioning is an oppressive tool of the patriarchy to an article in the Washington Post that calls the American use of air conditioning an ‘addiction’ and compares it unfavorably to the European willingness to sweat through the heat of summer, air conditioning is under attack. So I want to defend it.”

http://fee.org/freeman/detail/the-war-on-air-conditioning-heats-up

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Asia’s $800 Billion Nuclear Splurge to Unlock Uranium Motherlode

“A nuclear-power boom in Asia that’s set to drive up uranium prices is triggering a resurgence in mining in Australia, home to the world’s largest reserves.  Almost $800 billion of new reactors are under development in the region, driven by China and India where demand is climbing for the emission-free energy.  The value of uranium plunged in the wake of the 2011 Fukushima nuclear disaster in Japan. Now, with contract prices forecast to jump more than 60 percent, suppliers in Australia are planning about half a dozen new mines.  China will need the equivalent of about 1,000 nuclear reactors, 500,000 wind turbines or 50,000 solar farms as it steps up its fight against climate change.”

http://www.bloomberg.com/news/articles/2015-05-07/asia-s-800-billion-nuclear-splurge-to-unlock-uranium-motherlode

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Big U.S. coal miner Alpha Natural files for bankruptcy

“The move comes as President Barack Obama is expected to unveil tough new measures to cut greenhouse gas emissions from coal-fired power plants.  Alpha blamed its Chapter 11 bankruptcy on tougher regulatory standards and policies that favor renewable energy, as well tumbling prices for its coal.  Alpha is the world’s third-largest supplier of metallurgical coal used in making steel and has also been hit by a slowdown in China.  Walter Energy Inc and Patriot Coal Corp also filed for bankruptcy protection this year. Energy Future Holdings Corp, a power company that also has a large coal mining business, has been in bankruptcy since 2014.”

http://www.reuters.com/article/2015/08/03/alpha-ntrl-resc-bankruptcy-idUSL3N10E4JP20150803

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