Category: Great Moments In Socialism

Y2Kyoto: Money To Burn

Robert Lyman (Financial Post);

The International Energy Agency, in its reports on energy financing, breaks down global energy investment into investment in fossil fuels, on the one hand, and in “clean energy,” on the other. In 2023, estimated investment in “clean energy” will be close to $2.2 trillion (in C$). That is an almost unimaginable amount of money, made only slightly less daunting when portrayed as $6 billion per day. […]

What has been the result of these gargantuan expenditures? The effects of current investments in electrical energy infrastructure won’t be fully apparent for some time, but we should be able to see the effects of spending that has been rising for more than 20 years. To find out, I consulted the authoritative Statistical Review of World Energy 2023, published by the Energy Institute, the successor to British Petroleum as the producer of the Statistical Review. It works closely with KPMG to produce the report.

The share of the world’s primary energy consumption produced by renewable energy has essentially doubled since 2015, from about 3.5 to seven per cent of the world total. Yet, fossil fuels (oil, natural gas and coal), which accounted for 85 per cent of primary energy consumption in 2015, still accounted for 82 per cent in 2022. At that rate of reduction — three percentage points every seven years — we will not get to full decarbonization (i.e., zero use of fossil fuels) until well into the next century.

As usual, the news is buried in the opinion pages.

Related: Whoppers and moer whoppers in the WSJ

What’s The Opposite Of Diversity?

Imagine the following:

You’re a man who serves as Chairman of the Board of a large University who led the search for the recently hired president.

Your wife runs a non-profit in the DEI space. She is the only full-time employee of the organization, serving as Founder, CEO, and CFO. You serve as Treasurer. The non-profit ostensibly sells two principal products in the DEI space:

1. “Evidence-based ‘how-to-guides’ and
2. “The most comprehensive intersectional analytics platform of its kind…”

but the non-profit has no revenues. It relies entirely on contributions to fund its operations, which principally consist of your wife’s salary and some other ancillary overhead.

There have been only two contributors to the non-profit, the University whose board you chair, which has contributed:

2018 $100,000
2019 $300,000
2020 $150,000
2021 $600,000
2022 $789,000

More.

The Libranos: Money For Nothin

The Venezuela Effect: The secret to Trudeau’s hold on power is to flood the zone with so much incompetence and corruption that the nation surrenders in defeat.

Cabinet budgeted $37.4 million and spent a quarter of it on a gun buyback program without buying any guns, records show. Newly disclosed figures follow an internal Department of Public Safety report that warned the program was prone to “wasted time, energy and funds.”

Mortgage Millstone

Variable rate mortgages are a sweet deal when interest rates are falling, but apparently not so much when rates go in the opposite direction. It makes for a life just full of surprises, but not the happy kind.

We had a 1.3 per cent variable mortgage rate, which amounted to two payments of $1,275 each month, plus $370 in monthly maintenance fees.

On June 1, the Bank of Canada raised its key interest rate to 1.5 per cent, a half per cent hike. That month, our biweekly payments rose to $1,500.

July rolled around and our payment increased yet again. A couple days later, I went to buy gas for our car, thinking Evelin and I had $600 in our joint account. To my surprise, there was only $100 in there.

We’re paying more than $5,000 a month to live in a 900-square-foot townhouse, and $3,500 of that total goes to interest alone.

 

Khrushchev Would Be So Proud!

During Krushchev’s reign in the Soviet Union, the state embarked on a massive residential building spree which was so ineptly carried out that Russians referred to the buildings as khrushchebys, which is a play on the Russian word for slum. Fast forward to 2023, and the Trudeau government has unveiled its own version of centrally planned housing development.

It’s not that the federal government is going to give you a house, but they will provide you with an architect at taxpayer expense to create pre-approved blueprints which they are certain you will love.

“The catalogue of pre-approved designs, is going to be tied to existing building codes — the National Building Code, which we will seek to make changes to in the future — but will also be designed to mirror the requirements of provincial building codes that are implemented across the country,” he said.

“We’re going to ensure that the pre-approved designs meet the standards to access CMHC programs so we can reduce the administrative barriers on applicants who are seeking to go through the process.”

The Government Will Kill You Now

…and it doesn’t want any competition.

Tim Moen- When the state gives you a lethal injection it’s compassionate healthcare. When this guy provides poison to suicidal people it’s murder. Of course without this double standard we’d be living in a stateless society

CBC- Kenneth Law charged with 14 counts of 2nd-degree murder in multiple Ontario deaths

A charge sheet from the Ontario Court of Justice in Newmarket shows Law was charged Monday with 14 counts of second-degree murder, in addition to the 14 counts of counselling or aiding suicide that he was already facing.

We Don’t Need No Flaming Sparky Cars

The stupid rich people market runs dry. (sorry, forgot the link!)

As inventories of electric cars grow faster than sales, car dealers are feeling increasingly discouraged by their prospects, according to a quarterly survey from Cox Automotive, the parent company of Kelley Blue Book. A dealer sentiment index derived from the survey shows sales expectations haven’t been lower since at least 2021, when Cox first started asking about EVs. […]

“We thought we could build a million of them and sell them,” Paul LaRochelle, vice president at Sheehy Auto Stores, a chain of dealerships in the Washington D.C. area, told the Journal.

But his dealerships have a six- to 12-month supply of electric vehicles, and only a month’s worth of gasoline-powered cars and trucks.

Oh no! Canada faces declining EV interest, report shows, despite push to boost sales

Riding Mass Transit Is Like Inviting 30 Random Hitchhikers Into Your Car

And then the car won’t start.

Toronto’s disastrous public transit project known as the Eglinton Crosstown LRT stands as a warning to other cities across Canada to run screaming in the other direction when any politician at any level of government tries to sell you on the joys of so-called light rail transit.

Toronto’s disastrous public transit project known as the Eglinton Crosstown LRT stands as a warning to other cities across Canada to run screaming in the other direction when any politician at any level of government tries to sell you on the joys of so-called light rail transit.[…]

Greenhouse gas emissions would be drastically reduced, we were assured, as thousands of commuters would happily abandon their cars for the convenience of whisking along the designated route of the LRT, free of the city’s chronic traffic congestion and gridlock.

Reality turned out to be years of increased congestion and gridlock at major intersections as construction of the LRT divided the city in half, with those living and working south and north of Eglinton Ave. — a major east–west arterial road in Toronto — having to factor in dramatically increased travel times just to cross Eglinton.

Numerous small businesses along the route folded as the construction choked off access to their customers, combined with the additional financial burden of the pandemic.

Halt construction, park the railcars and convert the mess directly to tent city for homeless druggies and thereby skip the painful middle stage during which innocent commuters are exposed to the risks.

If Women Ran The World

Via Instapundit;

The feminization of higher ed — and of American society as a whole — is a large topic. Here I want simply to note that the repellent jelly of moral confusion that united all three responses was saturated by that feminization. None of those women could give a direct answer to a direct question about a matter of grave moral moment. Instead, they temporized, equivocated, dodged and parried.

More: Claudine Gay first came to my attention about a month ago, when she emerged as the central figure in the Ryan Enos data fabrication scandal, as documented in these 3 articles…

Harvard is holding a board meeting today.

Update:

@realchrisrufo EXCLUSIVE: @RealChrisBrunet and I have obtained documentation demonstrating that Harvard President Claudine Gay plagiarized multiple sections of her Ph.D. thesis, violating Harvard’s policies on academic integrity.

Yes, it would appear so.

Blacking Out The Economy

How are things looking in the land of “nationalize the mines, banks and monopoly industry” these days? Not so good, apparently. But if it’s any consolation for South Africans, Canada’s Liberal government is actively seeking to push us in the direction of  “national blackout” as well.

Yelland said many people, including his family in Craighall Park, are experiencing 12 hours of load-shedding daily.

“If you look at the NRS048-9 specifications, they are consistent with stage 8 load-shedding. It is not stage 6 load-shedding,” Yelland said.

Jordaan added that Eskom’s latest performance and power data confirmed that Black Friday, which took place on 24 November, almost became “national blackout Friday”.

Y2Kyoto: Shut Up And Eat Your Bugs

Daily Caller;

The United Nations (UN) climate summit, known as COP28, featured a Tuesday discussion on sustainable yachting.

The discussion centered on finding “a variety of technical solutions developed to make the yachting experience more responsible and sustainable,” according to its official COP28 website. The event, titled “Responsible Yachting. Today & Tomorrow,” was moderated by Nico Rosberg, a yacht-owning former race car driver, and organized by Sunreef Yacht, a company that builds custom yachts and luxury vessels.

The discussion also included “a conversation about electric, hybrid and hydrogen propulsion, battery technology, plant-based composites, bottom paints, modern photovoltaics, sustainable interior finishing, water management, energy management (and) air conditioning,” according to the event’s COP28 website.

Polling for Dollars

It shouldn’t surprise anyone who financed this opinion poll. The questions are absolutely geared to reinforce the prevailing narrative. It’s not much different from “elections” in the Soviet Union in which the communist party candidate would get 98% of the votes.

92% of Canadians agree they feel confident in the food safety and animal welfare standards used in dairy, chicken, turkey and egg farming in Canada because of supply management. 94% of Canadians also prefer their dairy, eggs, chicken, and turkey products to be produced locally and in Canada under supply management.

The Fruits of Post-Modern Education

Several media outlets are currently running stories regarding the continuing lackluster performance of Canadian students in the field of math, but only a few can articulate the actual reasons why the problem is getting worse instead of better.

International math test scores from the OECD show a steady decline among 15-year-old Canadian students from 2003 to 2018.

To explain away the documented deterioration of math education, those responsible have employed two strategies. The first, undertaken by staff at the Toronto District School Board’s math department (among others) has been to denounce standardized tests as a manifestation of racial bias and white privilege. It is a bizarre claim, a clear grasping at straws. The second is to hide the decline of educational quality with grade inflation, which has now reached stratospheric levels.

Whathisname’s Britain

Where the foxes caper unmolested, the government packs your school lunch and the British remember what they used before candles.

People are being encouraged to make sure they have emergency supplies at home to help them cope in the event of extended power cut

People must buy battery-powered radios, torches and candles to boost their “personal resilience” in the event of a national crisis wiping out digital network or power supplies, the government has said.

Oliver Dowden, the deputy prime minister, has given the first of what will be an annual update to MPs on the government’s national risk and resilience strategy.

Guidance to be issued next year will help people to prepare for different emergencies.

He said that members of the public needed to be more “personally resilient” as he suggested they have become too reliant on devices powered by the internet.

A new “resilience website” will contain advice on how people can ensure they are prepared for being left without power for the gadgets they rely on.

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