17 thoughts on “Updated carbon emissions defining the history of the global economy”

1. So it is starting to look like that fashionable opinion bandied around at Copenhagen;
   Carbon dioxide emissions ‘cut by recession’Global greenhouse gas emissions will be 9 per cent below what they were expected to be in 2012 as a result of the recession, researchers said today.
   Will turn out to be wrong – thanks to China.

2. Another stark reminder of the complete insanity of the Gillard/Brown carbon dioxide tax.

3. Then there is this claim by Japanese scientists that more CO2 is released by developing countries than by those “evil polluting” developed nations which are supposed to cut their emissions drastically, in order to solve the “problem”. I can’t see how Greenpeace can climb onto this new japanese satellite in order to unfurl a banner, but I am sure that there will be lots of outrage about the Japanese statement. After all, it contradicts every thing that the Green movement wants to believe.

   johnosullivan.livejournal.com/41060.html

4. Pingback: Graphic evidence of why China’s emissions make everyone else’s quite pointless | JunkScience.com

5. What that first graph shows is emissions growth from China from them taking our manufacturing jobs after we gave them PNTR in Oct of 2000. Take a look at the following graph of manufacturing jobs from the federal reserve:
   
   (Editors note: I assume PNTR is “permanent normal trade relations”)
   You’ll notice that the largest ever drop in manufacturing jobs starts around the end of 2000 which is when Clinton and the Republican congress gave China PNTR.

   I’ve read that Republicans approved PNTR in order to save American companies from going out of business from not having access to the cheaper labor and hence not being able to compete with cheaper Chinese made goods.

   As to why Clinton gave them PNTR, well recall that he and the DNC had been accused of taking illegal contributions from the communist Chinese government back in the mid-90’s. In my opinion, Clinton gave China PNTR as payback for those contributions.

   That Federal Reserve graph shows the largest ever drop in manufacturing jobs in US history, a roughly 30% (1/3rd) decline in jobs. This decline occurred during the government stoked subprime fueled housing price bubble and masked the decline in the economy.

6. Yes, PNTR is Permeant Normal Trade Relations.

7. Pingback: A Picture Is Worth 800 Pages « Greenhouse Bullcrap

8. Kramer-
   re the graph, it seems to me to show employment dropping slowly just before the recession (2002), then steeply during it. This is quite normal (usual) as all other recessions show same behaviour. What is different is that employment didn’t recover after the 2002 recession, for the first time. This represents a huge transfer of jobs to China etc.

   The banks had been leading the charge to “lower cost companies” all through the 80’s and 90’s without much reduction (if you can call approx. 750,000 jobs lost that) but eventually the down sizing and focus on the next quarter’s results left no reserves of
   money/energy/will to keep companies going.

   On that, have you read Michael Lewis’s The Big Short – about the end of the subprime housing bubble? He makes it quite plain that the banks were run by enormously salaried people with no ethics and no idea of what they were doing. Thus, having “fiddled” the system to have rubbish classified as AAA, they then kept it on the books because it was top quality debt.

9. I highly recommend this article www.quadrant.org.au/magazine/issue/2011/11/the-lone-stand-of-vaclav-klaus
   a bit of cut and paste

   How is it that received opinion on climate change issues, and far-reaching policy conclusions arising from it, have won such widespread, continuing, confident and unqualified support, official and unofficial, including endorsement at the highest political levels and by central economic departments of state, over nearly a quarter of a century?

   I think the answer is straightforward: it is the shared conviction of all these persons and institutions that “the science” of climate change can now be taken as “settled”.

   This response provokes the further question: What is the basis of this shared conviction? Here again, I think there is a straightforward answer. Received opinion everywhere reflects, and has throughout accepted and relied on, the scientific advice provided to governments through what I call the official expert advisory process.

   That advice comes from many sources; but the main single channel for it, indeed the only channel of advice for governments collectively, has been the series of massive and wide-ranging Assessment Reports produced by the IPCC from 1990 onwards. The fourth and most recent of these, referred to for short as AR4, was completed and published in 2007. Work on its successor is now well under way.

   For more than twenty years, then, governments and international agencies, and a great many outside observers too, have put their trust in the official expert advisory process as a whole and the IPCC process in particular. They continue to do so. However, there is now a substantial body of evidence to suggest that their trust is unwarranted.

10. Pingback: The folly of trying to reduce CO2 emissions… | pindanpost

11. Global warming is not humanity’s greatest threat. The coming catastrophic collapse of the world economy is. Monstrous “debt” outweighs weak “GDP” in the economies of the United States, Europe & its many banks along with their ratings “downgrades” never seen before will have the world in the most devastating “GREAT DEPRESSION” of all time. This will then bring a sequence of events most would think impossible when “Occupy” & other protests turn into thousands of “deadly food riots” around the globe as bankrupt governments cease any assistance to pensioners & unemployed worldwide.

    This will inevitably have catastrophic consequences for the Middle East as poverty increases in that region, the “void” left by the “Arab spring” will be filled by “Islamic extremsim” across the entire region. Israel,NATO & other US allied nations will then be at “FULL SCAL WAR” with “IRAN,Hezbollah,Hamas,Lebanon,Syria,Egypt,Yemen,Libya & most of the Middle East”. As this “WAR” lays ruin to this “OIL & GAS” rich region then “RUSSIA,CHINA,INDIA & PAKISTAN” will be drawn into this war as it becomes nuclear & into “WORLD WAR III” . Think this alarmism is absurd nonsense then observe the World economy as it slips into the abyss,observe Israel & its borders,observe Iran & Isreal & their pending war, observe the Korean peninsula & also India & Pakistan. This alarmism can’t be debunked, its already starting to unfold, only fools can’t see happening.

12. Ten years ago I pointed out that Kyoto would increase CO2 emissions, because it would transfer energy intensive industries from energy efficient countries like Japan and Germany to energy inefficient countries like China and India.

    The increasing China emissions trend post 2000 isn’t from increased economic activity, if anything China economic growth slows during this period, it is a direct result of the shifting of these energy intensive industries cause by Kyoto.

13. Missed by the MSM in the hype over the Obama visit – Son of Kyoto:
    “PM Julia Gillard praised APEC’s agreement to collaborate on reducing energy intensity by 45 per cent by 2035, despite the non-binding nature of the target and a ”get out” clause for developing nations, including China.”
    Well if she can implement a Carbon Tax which she said she wouldnt then why cant she implement a policy that she didnt say she wouldnt!

14. files.sinwt.ru/download.php?file=25FOIA2011.zip
    Note from Ed: That link looks dead – this works as of Wednesday morning in Canberra. www.megaupload.com/?d=ROCGBR37

15. Eco Tretas has written to me about this great news.
    Carbon trading in crash mode
    It’s nothing new. It started over a year ago, when US carbon trading crashed. Two weeks later, it closed. Now, it’s our turn in Europe. It had already started earlier this Summer. But now, as can be seen in the left graphic, obtained from Bloomberg, carbon prices are diving even more! And this is yesterday’s graph, as today, as I write, it is diving another -10.773% to € 7.040.

    I’ve been monitoring this for weeks, and today it has set it’s minimum value for at least the last five years, which was for € 7.96, on the close of Feb 12, 2009, as can be seen in the graph below (from Bloomberg). The dive seems clearly related to the Climategate 2.0 revelations, since it closed at € 9.04 on Tuesday, diving more than 20% since then. These are definitely good news for Durban…

16. Probably 2 factors at work.

    Holders of large numbers of permits (polite way of describing those with political clout who got hand out) don’t need all of them because of the economic downturn in Europe. So they are selling their surplus permits.

    Secondly, foreseeing that permits will probably continue getting cheaper, they are off loading others or even short selling. IF market turns they buy back, but probably still make profit. I would think that those looking ahead can see that with austerity coming, the easiest budget cuts will be to “green” spending.

    If Julia runs the full term, then we don’t want the European market to close. It would be cheaper for Australian Companies to buy there rather than bid for those from the Australian Gov. Hmmm- how much is the Gov. counting on receiving?

    We shouldn’t over enthuse about Climategate 2.0. It is still not making waves out here, unlike the UK where there are several newspapers making noises about the whole scam, and the extra costs to electricity, new houses etc.

17. The UBS study released last week stating that collectively the European nations had spent $287 billion on reducing carbon emissions and achieved nothing, and that their “savings” had come from economic recession, won’t be welcome news to any Government. Let alone those European governments looking to balance budgets, and faced with ever rising “requirements” to cut emissions.

    They can’t retreat from “saving the World” without a loss of face, while at the same time having those policies reduce economic activity when they need to balance their books. See Greece, Spain and Ireland for the result.

    I think that voters there will turn even more to right wing parties who can dump the whole process. The Euro will go, and possibly even the EU. One can only hope that the proceeds aren’t spent on armaments. Europe isn’t used to 50 year periods of peace.