American Elephants

The European Union’s climate policy is in freefall.  Carbon prices (they do cap-and-trade) have lost nearly 14% of their value (April 2).  The already depressed carbon price dropped from €7 to a record low of €6.14 by early afternoon.

The Germans are dumping their subsidies for solar energy. The British government has rejected the bogus economics of climate change, though they are not quite ready to announce it formally.

Europe is coming to the realization that on top of all their other economic problems, they don’t need to be subsidizing expensive solar energy that hikes the power bills for the public while producing little energy.

In Canada, Lawrence Solomon writes in The Financial Post that the world is awash in oil, and in the future, the MIddle East will go back to being an obscure backwater because the world will no longer be dependent on its oil.

The Aussies are not happy with Prime Minister Julia Gaillard’s climate efforts and taxes, and are showing their displeasure at the polls, tossing out their Labour government.

And at the University of East Anglia, a new postgraduate course hopes to bring together researchers in the environmental sciences, philosophy, history and literature to develop “new ways of thinking about environmental change and social transitions.” If you  have experience in writing “eco-poetry” the UEA wants to hear from you. UAE is noted as the birthphlace of ClimateGate.

Everywhere, a sensible public is becoming more skeptical of outrageous climate claims, and the climate alarmists come up with new stories of impending doom.  Dr. Tim Ball, Canadian climate scientist says that “when asked what’s wrong with global warming —most can only say sea level rise.”

And here at home, in alignment with the rest of the world, the Obama administration has requested $770 million in federal funds to combat the effects of global warming in developing countries, according to a congressional report. This continues administration policy of using foreign aid to combat the effects of global warming in the developing world —despite another year of $1 trillion deficits.

According to the Congressional Research Service the administration has spent a total of $2.5 billion on the Global Climate Change Initiative on anti-global warming efforts in Latin America, Asia and Africa.  If approved by Congress the latest request would boost foreign climate change spending to $3.3 billion. The money supposedly goes for adaption, clean energy, and sustainable landscapes.

CRS noted that —like most foreign aid programs — there was a high probability that foreign countries would misuse or wast GCCI funds. They also mentioned that “Congress may want to consider the fact that there is a lack of consensus on whether global warming will happen at all.”