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Saturday, 6 December 2025

The Global Warming Gravy Train is Coming to a Screeching Halt at Long Last

 The global warming craze is dying out, says Matt Ridley in the Spectator, as banks, billionaires and politicians bail out of the Net Zero agenda. Well thank goodness for that. Here’s an excerpt:


The other factor that kept the climate scare alive was that emissions reduction proved impossibly difficult. This was a feature, not a bug: if it had been easy, the green gravy train would have ground to a halt. Reducing sulphur emissions to stop acid rain proved fairly easy, as did banning chlorofluorocarbons to protect the ozone layer. But decade after decade, carbon dioxide emissions just kept on rising no matter how much money and research was thrown at the problem. Cheers!

Switching to renewable energy made no difference – literally. Here’s the data: the world added 9,000 terawatt-hours of energy consumption from wind and solar in the past decade, but 13,000 from fossil fuels. Not that wind and solar save much carbon dioxide anyway, their machinery being made with coal and their intermittency being backed up by fossil fuels.

Despite trillions of dollars in subsidies, these two ‘unreliables’ still provide just 6 per cent of the world’s energy. Their low-density, high-cost, intermittent power output is of no use to data centres or electric grids, let alone transport and heating, and effectively poisons the economics of building and running new nuclear and gas generation by preventing continuous operation. Quite why it became mandatory among those concerned about climate change to support these unreliables so obsessively is hard to fathom. Subsidy addiction has a lot to do with it, combined with a general ignorance of thermodynamics.

Now the climate scare is fading, a scramble for the exits is beginning among the big environmental groups. Donations are drying up. Some will switch seamlessly to trying to panic us about artificial intelligence; others will follow Gates and insist that they never said it was the end of the world, just a problem to be solved; a few will even try declaring victory, claiming unconvincingly that promises made at the Paris conference a decade ago have slowed down emissions enough to save the climate....<<<Read More>>>...