Governments that signed the Paris Climate Agreement and committed to making payments to the Green Climate Fund have done so at their own peril.  The absence of key data, methods of calculation and key thresholds regarding future temperature means that the potential for further financial liabilities is very significant. On Tuesday, November 7, Syria announced its […]

Financial performance deteriorates – structural unprofitability likely. Most cash raised recently is already burnt – next equity sale looms. Here we are, seven months later, and Tesla’s (NASDAQ:TSLA) financial performance deteriorates at an alarming rate. Bearish macro scenarios, always just around the corner since 2011, refuse to play out and Queen TINA and King FOMO […]

Benny Peiser interviews Rupert Darwall about his new book, ‘Green Tyranny: Exposing the Totalitarian Roots of the Climate Industrial Complex’. Listen here

The share prices of the world’s two biggest wind turbine manufacturers have fallen after the U.S. House of Representatives proposed whipping away tax credits for renewable energy in order to pay for tax cuts elsewhere. Thursday’s tax reform bill maintains tax breaks for fossil fuel, but removes a $7,500 credit for electric cars and cuts the benefit from […]

An interview with Michael Miersch from the German Wildlife Foundation  

It looks like Elon Musk just canceled Thanksgiving and probably Christmas, too — if you work at Tesla Inc., anyway. The electric-vehicle-cum-battery-cum-solar-equipment company Musk heads reported third-quarter results on Wednesday evening. Tesla missed earnings forecasts by a mile. But that number, never a huge concern, mattered even less this time around. It’s cash and cars — specifically […]

Russian ratification of the Paris climate agreement is conditional on the lifting of Western sanctions against Russia. The Russian government adviser on environmental issues issued this statement just days before the next UN Climate Conference takes place in Bonn early next week. Moscow is reluctant to ratify the Paris deal because of pressure on the […]