Wednesday, September 25, 2013

Coal bashing Virginia gubernatorial candidate Terry McAuliffe takes campaign cash from fossil fuel profits of billionaire California hedge fund guy Tom Steyer who criticizes Virginia coal. No mention whole issue of US coal is a lie, US CO2 plunge so stunning US no longer a factor in global CO2, China controls world CO2

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9/22/13, "McAuliffe's 'Green' Billionaire Backer Enriched Himself with Coal, Oil," Breitbart, Kerry Picket

"Virginia gubernatorial candidate Terry McAuliffe said in 2009 he "never want[s] another coal plant built,” but in the meantime, he hasn't been above taking money gained through coal investment for his campaign. 

Tom Steyer, a California-based financier and one of McAuliffe’s wealthiest out-of-state supporters, told his advisers in August to launch climate change television ads via his group, NextGen Climate Action Committee, in Virginia to help turn out the vote for McAuliffe, Politico reported in August. 

Steyer (pictured, left) said, “I would say there’s a very clear choice on this topic between these two candidates, and I think the citizens of Virginia deserve to understand both what the truth is and what the implications of that are.” The billionaire hedge fund executive who founded Farallon Capital Management in 1986 and left the company 2012 thinks of himself as an environmentalist. His track record, however, shows a different story.

In 2008, Farallon heavily invested in Adaro, Indonesia’s second-largest coal company. Indonesia is the world’s largest exporter of thermal coal and, according to Reuters, China is Adaro’s biggest customer. In 2010, Calwatchdog points out, Steyer also did not support California's proposition 23

Rejected by California voters in November of  2010, prop 23 asked for the repeal of a law, signed by Governor Shwarzenegger in 2006, which aimed at rolling back California's greenhouse gas emissions to 1990 levels by 2020.

NO on 23 backer and Democrat Tom Steyer’s Farallon Capital Management Company holds stock in “dirty coal,” nuclear, and oil and gas companies, and in a Chinese solar panel supply company that potentially would rob jobs from Californians, even as the NO on 23 campaign blasts Prop. 23 backers for similar investments.
So-called powerhouse Democratic donor Tom Steyer, who has donated $5 million to defeat Prop 23, which would suspend green power in California, runs an investment firm that holds stock in “dirty coal” and nuclear plants, oil and gas companies in Texas, Oklahoma and Louisiana.  Additionally, Steyer’s investment firm holds stock in the leading photovoltaic solar panel supplier in California, Yingli Green Energy Holding Company of China.
Steyer’s firm, Farallon Capital Management Company, also is an external fund manager for CalPERS.

San Diego Reader did not buy Steyer's clean energy campaign, either: 

The supposed green billionaire hedge-fund manager philanthropist Tom Steyer is at it again trying to buy an election for his personal profit. Steyer backed a "No on 23" campaign in 2010 along with an executive of Haliburton that would have suspended California's Cap and Trade (which has nothing to do with the environment and everything to do with gaming the market when you examine it) and hurt his energy investments that would be subsidized by California Cap and Trade.

Steyer is presently a lobbyist who is making money off of opposing the Keytone XL pipeline. He committed $1 million of his own money for a campaign to block TransCanada Corp's project, according to Canada's Globe and Mail.

Steyer’s hedge fund also invested in two oil and natural gas companies: Sandridge Energy and Energy Partners, Ltd. However, Steyer's accumulated wealth from his oil, gas, and coal investments during his time at Farallon has not stopped him from campaigning around Virginia for McAuliffe as a green energy promoter: 

“Our experience has been that having a business voice talking about jobs is an essential part of talking about any economic change,” Steyer said. “If you get away from that, then you get away from what the human beings in this society care about.”
The Virginia coal sector, he said, gets “amazing deference for a whole bunch of reasons, including the fact that there’s very high unemployment there, that there’s not a second job if those jobs go away, the … toughness of that job and how painful it’s been for everybody involved.
“But there’s no sense of, what are the alternatives? How many jobs are we giving up by doing that? If we start going in a different direction, how much growth are we going to engender?” via Free Republic. image above ap

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6/4/12, "Climate change stunner: USA leads world in CO2 cuts since 2006," Vancouver Observer, Saxifrage



"Not only that, but as my top chart shows, US CO2 emissions are falling even faster than what President Obama pledged in the global Copenhagen Accord."...Here is the biggest shocker of all: the average American’s CO2 emissions are down to levels not seen since 1964 
--over half a century ago. …Coal is the number two source of CO2 for Americans. Today the average American burns an amount similar to what they did in 1955, and even less than they did in the 1940s. …It is exactly America’s historical role of biggest and dirtiest that makes their sharp decline in CO2 pollution so noteworthy and potentially game changing at the global level.”...

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The predictions used to justify confiscation of billions more taxpayer dollars from Americans in a permanent part time depression economy haven't happened
and couldn't have happened according to peer reviewed science. The single idea behind the multi-trillion CO2 terror industry is that CO2 causes temp. rise. This idea has been definitively disproved in a 30 year peer reviewed study. Even if man-caused CO2 terror existed, the US isn't causing it. China's CO2 is so high it negates efforts of all other countries who commit genocide against themselves and lower their CO2 for no reason:
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30 year peer reviewed scientific study, Jan. 1980-Dec. 2011, finds in all cases CO2 lags temperatures, never precedes temperature change. Scientists conclude, "The common notion of globally dominant temperature controls exercised by atmospheric CO2 is in need of reassessment."

January 2013, "The phase relation between atmospheric carbon dioxide and global temperature," Global and Planetary Change, ScienceDirect.com

Ole Humluma, b, Corresponding author contact information, E-mail the corresponding author,Kjell Stordahlc, Jan-Erik Solheimd 


[Green line is global CO2, red line is surface temps., blue line is ocean temps., Jan. 1980-Dec. 2011] 










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"Using data series on atmospheric carbon dioxide and global temperatures we investigate the phase relation (leads/lags) between these for the period January 1980 to December 2011....

In our analysis we use eight well-known datasets

1) globally averaged well-mixed marine boundary layer CO2 data, 2) HadCRUT3 surface air temperature data, 
3) GISS surface air temperature data, 
4) NCDC surface air temperature data, 
5) HadSST2 sea surface data,
6) UAH lower troposphere temperature data series, 
7) CDIAC data on release of anthropogene CO2, and 
8) GWP data on volcanic eruptions. 

Annual cycles are present in all datasets except 7) and 8), and to remove the influence of these we analyze 12-month averaged data. We find a high degree of co-variation between all data series except 7) and 8), but with changes in CO2 always lagging changes in temperature."...

Further from the peer reviewed study: 

Subhead 11 (near end), "Discussion" 


"In general, we find that changes in atmospheric CO2 are lagging behind changes in any of the five different temperature records considered. The typical lag is 9.5–12 months for surface temperatures and about 9 months for lower troposphere temperatures, suggesting a temperature sequence of events from the surface to the lower troposphere.

As cause always must precede effect, this observation demonstrates that modern changes in temperatures are generally not induced by changes in atmospheric CO2. Indeed, the sequence of events is seen to be the opposite: 

As the theoretical initial temperature effect of changes in atmospheric CO2 must materialize first in the troposphere, and then subsequently at the planet surface (land and ocean), our diagrams 2–8 reveal that the common notion of globally dominant temperature controls exercised by atmospheric CO2 is in need of reassessment. Empirical observations indicate that changes in temperature generally are driving changes in atmospheric CO2, and not the other way around....

(parag. 7): Thus, the simplest explanation of observed changes in DIFF12 for atmospheric CO2 is that they are induced by changes in temperature, as illustrated by Fig. 2, Fig. 3, Fig. 4, Fig. 5, Fig. 6, Fig. 7, Fig. 8, Fig. 9 and Fig. 10. Consequently, a substantial part of the atmospheric increase of CO2 since January 1980 can be explained by associated changes in temperature, and presumably especially changes in ocean temperatures (Toggweiler, 1999, Monnin et al., 2001 and Goldberg, 2008), as this is where we find both the strongest correlation to changes in CO2 (Fig. 4, Fig. 6 and Fig. 8), and the longest time lag."...
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[Volcanic ash isn't the cause of rising CO2 (Jan. 1980-Dec. 2011) either:]
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probably an effect of ocean cooling induced from cloud effects.

(parag. 9): "Summing up, monthly data since January 1980 on atmospheric CO2 and sea and air temperatures unambiguously demonstrate the overall global temperature change sequence of events to be 

1) ocean surface, 2) surface air, 3) lower troposphere, and 

with changes in atmospheric CO2 always lagging behind changes in any of these different temperature records....
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(Subhead) 12. Conclusions
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There exist a clear phase relationship between changes of atmospheric CO2 and the different global temperature records, whether representing sea surface temperature, surface air temperature, or lower troposphere temperature, with changes in the amount of atmospheric CO2 always lagging behind corresponding changes in temperature.

(1) The overall global temperature change sequence of events appears to be from 1) the ocean surface to 2) the land surface to 3) the lower troposphere.
(2) Changes in global atmospheric CO2 are lagging about 11–12 months behind changes in global sea surface temperature.  
(3) Changes in global atmospheric CO2 are lagging 9.5–10 months behind changes in global air surface temperature.
(4) Changes in global atmospheric CO2 are lagging about 9 months behind changes in global lower troposphere temperature. 
(5) Changes in ocean temperatures appear to explain a substantial part of the observed changes in atmospheric CO2 since January 1980. 
 (7) On the time scale investigated, the overriding effect of large volcanic eruptions appears to be a reduction of atmospheric CO2, presumably due to the dominance of associated cooling effects from clouds associated with volcanic gases/aerosols and volcanic debris.

(8) Since at least 1980 changes in global temperature, and presumably especially southern ocean temperature, appear to represent a major control on changes in atmospheric CO2."...
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Change in global CO2 US v China, 2005 to 2011, energy related, US EIA (US Energy Dept.), WSJ, April 2013





4/18/13, "Rise in U.S. Gas Production Fuels Unexpected Plunge in Emissions," WSJ, Russell Gold

"U.S. carbon-dioxide emissions have fallen dramatically in recent years, in large part because the country is making more electricity with natural gas instead of coal."...
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6/10/13, 2012 US CO2 continues to drop. Chart from IEA report, China continues to rise. (Above chart is thru 2011) :



 






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1/29/13, "China Uses Nearly as Much Coal as Rest of World Combined, EIA Says," Wall St. Journal, Cassandra Sweet

"China's use of coal has grown quickly over the last decade and now rivals the amount of coal consumed by the rest of the world combined, the U.S. Energy Information Administration said Tuesday."...


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May 2012, Washington Post on China CO2:

"China was the biggest contributor (in 2011), with carbon dioxide output growing 9.3 percent." (3rd parag.)
5/25/12, "U.S. cut its carbon emissions in 2011 — but China erased the gains," Washington Post, Brad Plumer

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Developing countries' CO2 emissions from fossil fuel far exceed those of industrialized nations:

"Although emissions from developing countries now dominate, the industrial countries set the world on its global warming path."...(scroll down to 3rd graph, this text 2 parags. below)
 
7/23/13,  "Fossil fuel use pushes carbon dioxide emissions into dangerous territory," Earth Policy Institute, Emily E. Adams















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China emitted 4 billion tons more CO2 in 2011 than the US:

2/2/12, "Carbon pollution up to 2 million pounds per second," AP, Seth Borenstein

"The overwhelming majority of the increase was from China, the world’s biggest carbon dioxide polluter. Of the planet’s top 10 polluters, the United States and Germany were the only countries that reduced their carbon dioxide emissions....

The latest pollution numbers, calculated by the Global Carbon Project, a joint venture of the Energy Department and the Norwegian Research Council, show that worldwide carbon dioxide levels are 54 percent higher than the 1990 baseline."...


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15+ year 'pause' in global warming:

1/18/13, Climate change: scientists puzzle over halt in global warming,” Der Spiegel, by Axel Bojanowski (translation from German)

"The British Met Office forecast even more recently that the temperature interval could continue at a high level until the end of 2017 - despite the rapidly increasing emissions of greenhouse gases. Then global warming would pause 20 years."..."The exact reasons of the temperature standstill since 1998, are not yet understood, says climate researcher Doug Smith of the Met Office."...










 


 

UK Met Office chart via Der Spiegel


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6/11/13, "What to make of a warming plateau," NY Times, Justin Gillis 

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BBC discussion suggests a pause in confiscation of taxpayer dollars in the face of dual problems, that temperatures have remained flat since 1998 while CO2 has increased. Money was diverted based on predictions that didn't happen which "peer reviewed literature regards as established yet unexplained:"

7/22/13, "Andrew Neil on Ed Davey climate change interview critics," BBC, Andrew Neil

Multi-billion dollar "spending decisions, paid for by consumers and taxpayers
...might not have been taken (at least to the same degree or with the same haste) if global warming was not quite the imminent threat it has been depicted....The recent standstill in global temperatures is a puzzle. Experts do not know why it is occurring or how long it will last....There is no consensus. Extensive peer-reviewed literature regards it as established yet unexplained. It is widely accepted that the main climate models which inform government policy did not predict it."...(subhead, "Reputable evidence")  


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In 2012, $18.5 billion was taken out of the economy by regulation in the name of CO2 terror.

$18.5 billion worth of climate regulations were issued in 2012 alone. Without congress. "The vast majority of “laws” governing the United States are not passed by Congress but are issued as regulations."

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"In 2011, the US Congress passed a total of 81 new “laws” while government agencies issued 3,807 new regulations." Regulations are the same as laws but the people who pass regulations are unelected. 


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News of US CO2 plunge has been described as:

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Examples of climate cash sought in 2011:

1/11/11, "Big Money in Climate Change: Who Gives, Who Gets," Al Fin



   
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