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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: marcher who wrote (189288)6/27/2022 1:02:41 PM
From: TobagoJack1 Recommendation

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marcher

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Wondering if making-fossil-fuel-great-again will be restricted to the G7 or all can play

bloomberg.com

G-7 Edges Closer to Ditching Pledge to End Fossil-Fuel Financing

Russia’s war has prompted European race for gas alternatives Move would represent a setback for global climate action

Samy Adghirni
June 28, 2022, 12:10 AM GMT+8
The Group of Seven is moving toward reversing a commitment to halt the financing of overseas fossil-fuel projects by year’s end, a proposal now viewed favorably by most members, according to people familiar with the matter.

G-7 leaders meeting in the Bavarian Alps are converging on a reference to the increased role of gas projects, a consequence of Russia’s invasion of Ukraine straining their energy supply.

French President Emmanuel Macron was among those who supported financing of new fossil-fuel projects during a meeting with the leaders of African nations on Monday, according to a person with knowledge of the talks.

“In the present situation we’ll have short-term needs that will require large investments in gas infrastructure in developing countries and elsewhere,” Italian Prime Minister Mario Draghi said Sunday.

The aim should be to convert such infrastructure to hydrogen, to reconcile “short term needs with long term climate needs,” Draghi added.

Germany Pushes for G-7 Reversal on Fossil Fuels in Climate Blow

An updated text of the leaders’ statement shared with Bloomberg News refers to “the important role that increased deliveries of liquefied natural gas (LNG) can play in mitigating potential supply disruptions of pipeline gas, especially to European markets.”

Leaders “acknowledge that publicly supported investment in the gas sector is necessary as a temporary response to the current energy crisis, if implemented in a manner consistent with our climate objectives and without creating lock-in effects,” the text says.

The draft wording in the summit communique, initially backed by host Germany, is gaining traction as Europe races to secure alternatives to Russian gas. The German government has warned that Russia’s moves to limit supply risk a Lehman-like collapse in the energy markets, and Italy has rushed to sign new energy deals with African countries.

A senior official at the French presidency told reporters that it was envisaged gas investments would be permitted in the short-to-medium term on an exceptional basis given the circumstances, while the overall climate objectives as laid out at the UN COP26 summit are maintained.

G-7 ShiftA shift away from the commitment to end funding fossil-fuel projects - firmed up as recently as May despite the energy shock caused by the war - would still represent a setback to global efforts to fight climate change. Such a move would make it harder to rally the rest of the world around more stringent targets and to direct investments toward cleaner sources of energy.

In the May commitment, G-7 nations acknowledged for the first time that fossil-fuel subsidies were incompatible with the Paris Agreement, but acknowledged that investment in the LNG sector was a necessary response to the current crisis “in a manner consistent with our climate objectives and without creating lock-in effects.”

In a separate G-7 declaration issued Monday and backed by partner nations including India, South Africa and Indonesia, leaders reaffirmed their commitments to keep the average temperature increase above pre-industrial levels to well below 2°C and resolved to pursue efforts to limit it to 1.5°C, the same levels agreed to in Paris, and again at COP26 in November.

— With assistance by Jess Shankleman, and Emily Ashton

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To: marcher who wrote (189288)6/27/2022 6:47:06 PM
From: Pogeu Mahone1 Recommendation

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Kunstler: The Time of Our Time

By James Howard Kunstler
June 27, 2022

Let’s face it: most people will not read Justice Alito’s carefully crafted arguments about what the constitution says or doesn’t say about abortion, or the meaning of “ordered liberty” through our history. We do not live in history. We live in the time of our time. And, until just recently, this has been a time that discarded former modes of conduct between men, women, and children as inconvenient to the presumably greater project of self-actualization.

To be-all-that-you-can-be is a stirring notion, and it seemed to work nicely within the colossal techno-industrial armature of the past century, with all its inducements to thrive personally, at least for the comfortable elites who pulled the levers of that system — though not so much for those below caught in the gears, who produced children despite all the novel means for avoiding it. For the fortunate, motherhood became just another “no” box to check off, while fatherhood merged into the odious mists of obsolete patriarchy. History is made up of things that seem like good ideas at the time. The hard part now is moving out of a familiar time into the undiscovered country of a new time.

The support system for all that is going, going, gone and in the ensuing flux all that rousing self-actualization starts to look more like Thomas Hobbes’s war of all against all, a savage and pre-human state of nature. As this occurs, all human beings have to fall back on are modes of conduct that include a moral and ethical dimension, which is to say, what is right and what is wrong, not just what is allowed at a given moment.

Which is also to say: maybe the time of smashing boundaries is over. As that scaffold of techno-industrial comfort and safety disintegrates, and all the dazzling promises of becoming transhuman dissolve — sorry, Klaus Schwab — we will likely have to settle for being human again, and in the best way, not the worst way. That includes a certain reverence for our nature and for each other. That suggests not killing children.

These days, this place on the planet that used to be a nation groans under a tribulation of bad ideas, bad choices, bad conduct, bad management, and bad faith. We have not been so ripe for regime change since 1776. A ruling Party of Chaos is doing absolutely everything to disorder our lives and there really is no generous interpretation for its motives. Everything it touches breaks, wilts, withers, splinters, rots, poisons, and infects the body politic, driving it deeper into derangement. It doesn’t even pretend to make sense because that would require making distinctions between what is true and what’s not true. We follow-the-science into pure evil.

What awaits is the abandond scaffold of the family and the community as opposed to the brute hierarchies of mere lonely, forsaken persons under the leviathan state and the behemoth corporation, which have produced mainly new kinds of cruelties, such as: the deadly “vaccine” mandates, the no-knock FBI visitations, the surveillance cameras, the robotic phone trees with their interminable holds, the obtuse insults of the HR departments, the drag queens twerking in your childrens’ faces, and much more. You might not know it from the news — what is the news now, anyway, except mercenary shuck-and-jive — but these giant governments and corporations are thrashing in their death throes. Get out of their way if you possibly can. Form the bonds you can with people and cherish them. For many, they will be all you’ll have for a while.

You can’t overstate the havoc that we’ll have to live with in the months ahead, short of blowing up the whole joint, one can hope. And it will happen just as a gigantic set of pretenses to a New Order of things rolls out to thumping failure. Forget about central bank digital currencies. Don’t believe that the very people who have severed the relationship between actual capital and money can just magically conjure a new order of money that they propose to control and you don’t. Meanwhile, the old-school money they created too much of is headed for biggest gaping black hole imaginable because that’s what happens when money based on debt is not paid back. So, for a while, there will be too much money and then there will be not enough, and then nobody will have money.

All that happens as the supply of every kind of stuff in the world stops moving from Point A to Point B, including replacement parts for every sort of machine, distribution of petroleum and its products, and food. And at the same time, it finally becomes too obvious to ignore the fact that many millions are dying or becoming disabled from the effects of the mRNA vaccines foisted on the public, especially in the USA and Europe.

Out of all that suffering will eventually come a new respect for human life and reconstructed relations between men and women, with all the abstruse ambiguities, pretensions, and nebulosities about sex put aside for some future age of decadence. It won’t require further agonizing reappraisals by any high courts to figure it out. Children are the consequence of sex. Children are required to carry on the human project.

kunstler.com