The Death of Net-Zero? Nothing Like an Energy Crisis to Change SentimentPosted: December 13, 2022 | Author: Jamie Spry | Filed under: Climatism, Energiewende, Energy Poverty, Fossil Fuels, Net Zero, Socialism | Tags: Climate Change, Climatism, Energiewende, Energy Crisis, Energy Poverty, ESG, Global Warming, Socialism, unreliables | 1 Comment
“Isn’t the only hope for the planet that the
industrialized civilizations collapse?
Isn’t it our responsibility to bring that about?”
– Maurice Strong, founder of UNEP
“Renewable energy technologies simply won’t work;
we need a fundamentally different approach.”
– Top Google engineers
“Suggesting that renewables will let us phase rapidly off fossil fuels
in the United States, China, India, or the world as a whole
is almost the equivalent of believing in the Easter Bunny and Tooth Fairy.
– James Hansen
(Former NASA-climate chief)
‘Green’ Germany is considering support for at least 10 foreign ‘dirty’ fossil fuel projects worth over €1 billion ($1.5B AUD), despite its pledge to end international funding for coal, oil and gas.
Nothing like an energy crisis to change sentiment!
Climate Change News reports :
By Chloé Farand
Germany is considering support for at least 10 foreign fossil fuel projects worth over €1 billion ($1bn), despite its pledge to end international funding for coal, oil and gas.
In response to a parliamentary question from a left-wing German lawmaker, the state secretary at the ministry of economic affairs and climate action Udo Philipp said the government is considering 10 applications for export credit guarantees for fossil energy projects in Brazil, Iraq, Uzbekistan, the Dominican Republic and Cuba.
A breakdown of the projects accompanying the response shows that €419 million ($442m) or around 40% of the funding, could go to a single project in Brazil. Three of the projects totalling €340m ($359m) are located in Iraq and four are in Cuba.
Other fossil fuel projects could be under consideration by the German state-owned investment and development bank KfW. The bank does not disclose projects it hasn’t decided to support.
UK coal mine approval sparks global fury and hypocrisy claims
Germany was among 16 countries to sign a pledge at Cop26 in Glasgow last year to end international funding for fossil fuel projects by the end of 2022.
Ten have published policies showing how they will restrict funding to coal, oil and gas. But Germany has not adopted a policy because of internal divisions over exemptions for gas.
Read on : Germany considers funding €1bn of fossil fuel projects overseas / Climate Change News