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Category Coal Mining

The Politics of Climate Change: Pragmatism, Virtue Signalling and Opportunism

West Cumbria Mining has upset the Green Lobby, but it’s a triumph of pragmatism over virtue signalling. We should be more concerned at the implications of US Fund Vanguard pulling out of an asset management alliance focused on slashing emissions. However, the reality is the Global Economy is poised for growth driven by climate change mitigation and renewable energy!  

The Crisis Approaches; Energy Security and the Nuclear option.

Energy and Food Security are intricately linked – and constitute the biggest and most immediate “no-see-um” threat markets have faced in decades. It’s time to get real about addressing energy transition and security, and climate change by accepting Nuclear energy is the most viable solution in the time left us.

ESG – Time for a Complete Rethink

ESG is a marvellous concept appallingly executed. To understand how it’s gone wrong I recommend Tariq Fancy’s rant about his time as Sustainability CIO at Blackrock. To figure out how we actually deliver climate-change mitigation, social amelioration and better corporate governance, and avoid these lofty concepts being hijacked and suborned by business and finance interests, we need to replace the carrot of ESG with the stick of Carbon Taxes and Corporate Legislation. Time to get real and dispense with ESG claptrap.

Net Carbon Zero – is this the only way?

The International Energy Authority (IEA) is grabbing all the climate change headlines with its demands for Carbon Zero by 2050 and increased spending on renewable energy. The IEA now represents the consensus – the received wisdom. How achievable are their targets? Or will economic reality and rising costs of climate abatement result in something very different? It’s easy to demand neutrality – but will be frighteningly difficult to achieve.

BatPoop Crazy Stories May Herald a New Trade War

Everyone loves a conspiracy theory, but what if the stories Covid escaped from a China virus lab take hold? We will never know the truth, but as the  rumours multiply, they could trigger renewed trade-war. It could unravel China’s regional hegemony and trigger a dramatic reversal for the global economy -especially for China.