Europe's push for Net Zero has not eliminated industrial emissions, it has merely exported them.
High energy prices and carbon costs push factories, investment and well-paid jobs out of Europe, but the exact same goods are manufactured abroad and then shipped back.
Worse still, Chinese-made solar panels actually emit 70% more manufacturing emissions than EU-made panels, according to a German report.
Chinese aluminum is roughly three times as carbon-intensive. Chinese ammonia production emits almost twice as much CO2. And cars manufactured in China and shipped to Europe emit 69% more.
So, China gets the factories, jobs and investment. Europe on paper gets to report lower domestic emissions. But the atmosphere actually gets more CO2 pumped into it.
This is not decarbonization clearly.
It is deindustrialization of the West.
Dr. Patrick Moore, one of Greenpeace's original founders, says the climate panic is built on fabrication, not science.
"One of my missions," he says, "is to turn on its head the idea that carbon dioxide is a pollutant... when in fact it's the most important nutrient for all life on Earth."
Dr. Moore points out that there is no clear definitive scientific proof, not one empirical formula or study, that shows CO2 causes planetary harm.
"The future will show this whole hysteria over climate change was a complete fabrication," he says.
CO2 is not pollution, it's the backbone of all life.
@laralogan Yes, my father was my go-to doctor until a couple years ago when at about 95 he peacefully passed away. He loved working and helping people.
🚨 PRESIDENT TRUMP DROPS A BOMBSHELL: “DEMOCRATIC SOCIALISM MUST BE CRIMINALIZED; LEADERS DEPORTED”
No mincing words. Trump is calling it exactly like it is, this failed ideology has no place in America. Criminalize it. Deport the leaders pushing it.
He’s right.
@bringbacklogic_@KanekoaTheGreat Overwhelming? Where’s the bullet? Autopsy report? Why did they sanitize the crime scene? There is still reasonable doubt.
Timing exactly when a fiat will fail is impossible to do. Historically all fiat currencies have eventually failed. Government Spending is out of control and debt is going parabolic. Soon all tax revenues will go just to pay interest on the debt.
I agree with Peter and a number of other economists. Gold maintains its purchasing power over time. As the dollar crumbles, it is wise to have some real money (💰 physical gold) saved. Peter is a wise man.
Am 40000 feet above the Pacific with a bad internet connection, and so will watch Peter later. Gold is up relative to fiat and will go higher. It’s actually fiat going down. Dollars and all fiat currencies are simply losing their value by over printing and wasteful spending.