RUTHFULLY YOURS

https://quadrant.org.au/opinion/doomed-planet/2020/07/the-arctics-hottest-day-not-so-fast/

“Last year, climate alarmists were beside themselves to alert the world that an all-time high temperature was scorching Antarctica. Just lately they’ve tried the same con with the Arctic, this latest claim no more credible than its predeccessor. It seems the only thing reaching new heights is the climateers’ shamelessness .”

Midsummer madness takes many forms. The combination of seasonal heat and light can produce eccentric behaviour when a global virus is hogging the headlines, such as the tendency to ramp up a single, yet-to-be-confirmed temperature measurement at a remote location – this time in northeast Siberia – into a climate scare.

Consider the media reaction to an alleged 38C reading on June 20, 2020 – “around 100 degrees Fahrenheit on the first day of summer” – at Verkhojansk, a Russian town ten kilometers inside the Arctic Circle (66°33′48.1″ north latitude), population about one thousand. It was like striking a match in a room full of hydrogen at the Hyperbole Club. From Helsinki to Kilkenny, from Scotland to Geneva, London and beyond, the MSM and Twitterati went wild with climate-angst (here, here and here).

Introducing the “unbelievably superhot” event on BBC’s Science in Action program five days later – Record high temperatures – in the Arctic – the presenter said: “It’s out of the COVID-pan and into the global warming fire.” Steve Vavrus, a University of Wisconsin climatologist, was one of the guests. Asked whether he was seeing “trends in the duration or regularity of these kind of persistent weather ratings”, Vavrus was even more emphatic:

This is connected to global warming. We’ve seen record warming for many years, if not most years of this decade. We know the Arctic is warming two to three times faster than the rest of the planet. One of the most important things to remember about this Arctic heatwave we’re experiencing right now is that it’s really not a fluke event. It’s an exclamation point on a long-term Arctic trend.”

https://www.realclearmarkets.com/articles/2020/07/08/scott_stringer_burdens_new_york_city_taxpayers_with_his_woke_ways_498355.html

New York City comptroller Scott Stringer is at again. Last Wednesday, the man responsible for the New York City Employees’ Retirement System’s (NYCERS) five pension funds wrote to the CEOs of 67 companies demandingthat they disclose the demographics of their employees by race, gender, and ethnicity—including in their leadership and senior management. “Creating a national movement on the green economy. That’s what Sunrise has been all about,” Stringer earlier declared at a virtual People’s Assembly on BlackRock in May. It’s one thing to have Sunrise Movement activists agitating for a far left Green New Deal that Congress is highly unlikely to pass. It’s quite another to have a climate activist running the $150bn of the city’s pension funds—the nation’s fourth largest.

According to a March report by the City’s Independent Budget Office, the Covid market meltdown, causing a 20% decline in asset values, would require an extra $412m in employer contributions for 15 years. The city’s pension funds were already in poor shape. Three years ago, a realistic estimate of NYCERS pension liabilities implied an average funded ratio of 47%, meaning that the NYCERS pension funds had less than half the money needed to pay promised benefits.

Putting a longtime climate activist in charge of running city pension money has turned out to be financially disastrous.

https://townhall.com/columnists/pauldriessen/2020/07/07/reporting-renewable-ener

Joe Biden has drifted far to the left and made it clear that, if elected president, he would restrict or ban fracking, pipelines, federal onshore and offshore drilling, and use of oil, coal and even natural gas. He’s selected Rep. Alexandria Ocasio-Cortez as his climate and energy advisor and is expected to choose an equally “progressive” woman of color as his running mate (and president-in-reality).

He may also employ federal financial regulations to slow or strangle fossil fuel companies’ access to low-cost capital, further preventing them from producing oil, gas and coal. His official climate plan promises to require “public companies to disclose climate risks and the greenhouse gas emissions in their operations and supply chains.” By compelling them to present a litany of climate and weather risks supposedly caused or worsened by fossil fuel emissions, the rules could sharply reduce lender and investor interest in those fuels and hasten the transition to wind, solar, battery and biofuel technologies.

Those risks exist primarily in highly unlikely worst-case scenarios generated by computer models that reflect claims that manmade carbon dioxide has replaced the sun and other powerful natural forces that have always driven Earth’s climate (including multiple ice ages) and extreme weather. Actual data are often“homogenized” or otherwise manipulated to make the models appear more accurate than they are.

Models consistently predict average global temperatures0.5 degrees C (0.9 F) higher than measured. The12-year absence of Category 3-5US-landfalling hurricanes is consistently ignored, as are the absence of any increase in tropical cyclones, the unprecedented absence of any violent tornadoes in 2018 – and the fact that violent twisters were far fewer during the last 35 years than during the 35 years before that.

However, pressure group mob politics and the refusal of climate alarmists to discuss model failures and contradictory scientific evidence would likely make these realities irrelevant in a Biden administration. That would have devastating consequences for a US economy struggling to recover from Covid-19 and compete in a world where Asian, African and other countries are not going to stop using fossil fuels to improve living standards, while they mine the raw materials and manufacture the wind turbines, solar panels, batteries and biofuel equipment the USA would have to import under a Green New Deal (since no mining and virtually no manufacturing would be permitted or possible under Biden era regulations).