Blog

Authored by Mike Shedlock via MishTalk.com,

Let’s discuss the Kyoto Protocol climate objectives and dozens of reasons why a net zero by the 2050 target has virtually no chance.

The Kyoto Protocol

The Kyoto Protocol was adopted on December 11, 1997. There are 192 Parties to the Kyoto Protocol.

The ultimate objective of the convention is to stabilize greenhouse gas concentrations at a level that would prevent dangerous anthropogenic (human induced) interference with the climate system.

The current goal is net zero carbon emission by 2050.

Halfway Between Kyoto and 2050

The Fraser Institute reports that we are Halfway Between Kyoto and 2050 with virtually no progress, despite all the hoopla.

That article is 44 pages long and worth a read from start to finish. I post some key ideas below.

Carbon Impact on Climate

The Fraser Institute is not a carbon denier. Let’s start there to not immediately lose all of the climate cheerleaders.

Energy Transitions

Our Record So Far

What It Would Take to Reverse the Past Emission Trend

The Task Ahead: Zero Carbon Electricity and Hydrogen

Spotlight Steel

Spotlight Ammonia

Spotlight Copper

Costs, Politics, and Demand

Realities versus Wishful Thinking

Belief in Miracles

Mish Comments

That’s a pretty long snip but it’s from 44 pages. I suggest reading the entire article if you have a few extra minutes.

Absolutely Brilliant Speech by British Satirist, Konstantin Kisin

Climate Deniers

I have been accused of being a climate denier. Mercy. Actually, I am a climate realist.

Climate change is real and constant and has been ever since the earth formed.

The debate is over how much is manmade and even more importantly, what to do about it, whether it’s manmade or not.

Let’s assume recent climate change is 100% manmade. So what do we do about it?

Play the above video then think about the path of China and India while noting the whole continent of Africa is not even on the scale.

Also note that India just passed China in population and would like to catch up economically. That requires more energy.

The Problem of Politics

The problems of politics and rushing things too fast are easy to spot.

On January 26, 2024, I discussed The Rise of the Farmer’s Daughter and Another Green Energy Revolt

An energy revolt also led to a collapse of the political center in the June 2024 Parliamentary Elections.

I discussed the results in Marine Le Pen Set for Record Win, Macron Calls Snap French Election

Winners: The Far Right
Losers: Renew Europe (Macron), and the Greens.

Ford Loses $36,000 on Each EV, Cuts Production of Electric Trucks

On January 20, I noted Ford Loses $36,000 on Each EV, Cuts Production of Electric Trucks

Did I say $36,000. Oops, strike that.

Ford Loses $132,000 on Each EV Produced

On April 26, Ford admitted a new amount: Ford Loses $132,000 on Each EV Produced, Good News, EV Sales Down 20 Percent

Please note the good news. Sales were down 20 percent holding the losses to a mere $1.3 billion.

Unsold Tesla’s Pile Up in Mall Parking Lots, Big Discounts Likely

On May 14, I noted Unsold Tesla’s Pile Up in Mall Parking Lots, Big Discounts Likely

This is what happens when governments mandate solutions.

Toyota ignored the hype and the US mandates and instead put a focus on hybrids. After laughing at Toyota, the big three are scrambling to catch up on hybrid technology.

If Trump wins the election, and I believe he will, the energy backlash is likely to set environmental goals back at least for years if not more.

Meanwhile, ironies abound.

Please note Biden Wants EVs so Badly That He Will Quadruple Tariffs on Them

Wishful thinking coupled with unsustainable, hypocritical government mandates are worse than doing nothing at all.