Best of the Week
Most Popular
1. Stock Markets and the History Chart of the End of the World (With Presidential Cycles) - 28th Aug 20
2.Google, Apple, Amazon, Facebook... AI Tech Stocks Buying Levels and Valuations Q3 2020 - 31st Aug 20
3.The Inflation Mega-trend is Going Hyper! - 11th Sep 20
4.Is this the End of Capitalism? - 13th Sep 20
5.What's Driving Gold, Silver and What's Next? - 3rd Sep 20
6.QE4EVER! - 9th Sep 20
7.Gold Price Trend Forecast Analysis - Part1 - 7th Sep 20
8.The Fed May “Cause” The Next Stock Market Crash - 3rd Sep 20
9.Bitcoin Price Crash - You Will be Suprised What Happens Next - 7th Sep 20
10.NVIDIA Stock Price Soars on RTX 3000 Cornering the GPU Market for next 2 years! - 3rd Sep 20
Last 7 days
Crude Oil – A Slight Move Higher Has Not Reversed The Bearish Trend - 20th Sep 20
Do This Instead Of Trying To Find The “Next Amazon” - 20th Sep 20
5 Significant Benefits of the MT4 Trading Platform for Forex Traders - 20th Sep 20
A Warning of Economic Collapse - 20th Sep 20
The Connection Between Stocks and the Economy is not What Most Investors Think - 19th Sep 20
A Virus So Deadly, The Government Has to Test You to See If You Have It - 19th Sep 20
Will Lagarde and Mnuchin Push Gold Higher? - 19th Sep 20
RTX 3080 Mania, Ebay Scalpers Crazy Prices £62,000 Trollers Insane Bids for a £649 GPU! - 19th Sep 20
A Greater Economic Depression For The 21st Century - 19th Sep 20
The United Floor in Stocks - 19th Sep 20
Mobile Gaming Market Trends And The Expected Future Developments - 19th Sep 20
The S&P 500 appears ready to correct, and that is a good thing - 18th Sep 20
It’s Go Time for Gold Price! Next Stop $2,250 - 18th Sep 20
Forget AMD RDNA2 and Buy Nvidia RTX 3080 FE GPU's NOW Before Price - 18th Sep 20
Best Back to School / University Black Face Masks Quick and Easy from Amazon - 18th Sep 20
3 Types of Loans to Buy an Existing Business - 18th Sep 20
How to tell Budgie Gender, Male or Female Sex for Young and Mature Parakeets - 18th Sep 20
Fasten Your Seatbelts Stock Market Make Or Break – Big Trends Ahead - 17th Sep 20
Peak Financialism And Post-Capitalist Economics - 17th Sep 20
Challenges of Working from Home - 17th Sep 20
Sheffield Heading for Coronavirus Lockdown as Covid Deaths Pass 432 - 17th Sep 20
What Does this Valuable Gold Miners Indicator Say Now? - 16th Sep 20
President Trump and Crimes Against Humanity - 16th Sep 20
Slow Economic Recovery from CoronaVirus Unlikely to Impede Strong Demand for Metals - 16th Sep 20
Why the Knives Are Out for Trump’s Fed Critic Judy Shelton - 16th Sep 20
Operation Moonshot: Get Ready for Millions of New COVAIDS Positives in the UK! - 16th Sep 20
Stock Market Approaching Correction Objective - 15th Sep 20
Look at This Big Reminder of Dot.com Stock Market Mania - 15th Sep 20
Three Key Principles for Successful Disruption Investors - 15th Sep 20
Billionaire Hedge Fund Manager Warns of 10% Inflation - 15th Sep 20
Gold Price Reaches $2,000 Amid Dollar Depreciation - 15th Sep 20
GLD, IAU Big Gold ETF Buying MIA - 14th Sep 20
Why Bill Gates Is Betting Millions on Synthetic Biology - 14th Sep 20
Stock Market SPY Expectations For The Rest Of September - 14th Sep 20
Gold Price Gann Angle Update - 14th Sep 20
Stock Market Recovery from the Sharp Correction Goes On - 14th Sep 20
Is this the End of Capitalism? - 13th Sep 20
The Silver Big Prize - 13th Sep 20
U.S. Shares Plunged. Is Gold Next? - 13th Sep 20
Why Are 7,500 Oil Barrels Floating on this London Lake? - 13th Sep 20
Sheffield 432 Covid-19 Deaths, Last City Centre Shop Before Next Lockdown - 13th Sep 20
Biden or Trump Will Keep The Money Spigots Open - 13th Sep 20
Gold And Silver Up, Down, Sideways, Up - 13th Sep 20
Does the Stock Market Really "See" the Future? - 12th Sept 20
Basel III and Gold, Silver and Platinum - 12th Sept 20
Tech Stocks FANG Index Nearing Critical Support – Could Breakout At Any Moment - 12th Sept 20
The Tech Stocks Quantum AI EXPLOSION is Coming! - 12th Sept 20
AMD Zen 3 Ryzen 4000 Questions Answered on Cores, Prices, Benchmarks and Threadripper Launch - 12th Sept 20
The Inflation Mega-trend is Going Hyper! - 11th Sep 20
Gold / Silver Ratio: Slowly I Toined… - 11th Sep 20
Stock Market Correction or Reversal? The Jury Isn't Out! - 11th Sep 20
Crude Oil – The Bearish Outlook Remains - 11th Sep 20
Crude Oil Breaks Lower – Sparking Fears Of Another Sub $30 Price Collapse - 11th Sep 20
Inflation by Fiat - 10th Sep 20
Unemployment Rate Drops. Will It Drag Gold Down? - 10th Sep 20
How Does The Global Economy Recover After This Global Pandemic? - 10th Sep 20
The Best Mobile Casino - 10th Sep 20

Market Oracle FREE Newsletter

How to Get Rich Investing in Stocks by Riding the Electron Wave

The Train-Wreck of Climate-Change Mitigation

Politics / Climate Change Dec 21, 2019 - 05:35 PM GMT

By: Mark_Blair

Politics

‘We strongly believe that no country should have to sacrifice their economic prosperity or energy security in pursuit of environmental sustainability.’ https://www.sciencedirect.com/science/article/pii/S2211467X19300677

Climate-change mitigation this coming decade will be a train-wreck of unparalleled proportions. Let’s look over The Players:

One: The reality of the utter present exhaustion of the global financial and political model. The elephant in the room.

Two: the climate-change-denial lobbyists, funded by the extractive industries, particularly in the U.S. and Australia, who have effectively stymied mitigation for decades.



Three: the excesses of the left, like LGBTQI theory, have convinced millions that anything the left is involved in -- like mitigation -- is nonsense/a springboard for collectivism.

Four: ‘post-parliamentarism’: non-violent civil disobedience – Gandhi, the 60’s civil-rights movement – will increase until it constitutes a ‘parallel power system.’

Five: certain mid-term technical limitations to the provision of all-renewables ‘base-load capacity’ for, say, a first-world city of twenty millions. And here we’ll add difficulties such as the mining of minerals like lithium, needed for the production of the batteries.

Six: the time factor: only war gives a government a mandate to profoundly re-tool its economy. There is an astounding gap between, on the one hand, how much time governments think/are telling people we have to shift to all-renewables, and on the other hand, how quickly the onset of climate change could create, for example, waves of refugees that would overwhelm whole nations.

Seven: (resurgent) nationalism, principally in the China and the U.S. ‘Sociopathic’ is a very reasonable term to explain how single-mindedly certain nations will drive their economies at the expense of an already exhausted global environment.

Eight: The Twilight of The Boomers, the ‘petro-masculinists,’ who are simultaneously stymying change and headed to The Twilight Home.

Nine: the forthcoming stoush between pro-growth and post-growth economics.

Nine: hyperinflationary amounts of eco-stimulus.

So let’s analyse:

the time-frame holds the upper hand – ask Australians, dithering while their nation burns. Politics can’t hold Nature at bay.

Massive amounts of funding will be thrown at the shift to renewables. But the left is exaggerating how quick and easy that shift will be – time-frame again!

There is just no underestimating the centrality of China (and the O.B.O.R. nations). Western nations will be simultaneously crowing about their all-renewables goals and stocking their supermarket shelves with stiff made in coal-powered China.

Refugees? Here’s some arithmetic you don’t see. Europe blew itself up politically with less than five million refugees. But if the time-frame catches us out, we could easily see waves of ten or twenty times that. Digest this, readers: just one percent of world population is 75 millions, which is 15 times the humanitarian exception.

It’s hard to imagine any reasonable (modern) person not admitting in principle that the nation of Tanzania, for example, with per capita emissions of Practically None, should suffer climate change equally with the nations that produced the emissions. But what a problem to solve! It strikes me to say that if collectivism – Stalinism – had never existed in the past, then we’d have a ‘one off’ rationale for accepting it to deal with climate change. But with history as it is . . .

And the markets this coming decade?

There will be a lot of money sloshing about – a lot!! And any industry involved in moving away from hydrocarbons will be a good place to be, and any industry stubbornly sticking with hydrocarbons will be a bad place to be. But the general operating environments will undoubtedly become far more complex than they even are now.

Mark Blair has a decades-long background in libertarian theory and activism, and is now focused solely and permanently on the politics of climate-change mitigation.

Copyright © 2019 Mark Blair - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules