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BigSqwert
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We've now joined forces with Syria and Nicaragua, who actually didn't feel the agreement went far enough in terms of impacting climate change.

 

So basically, Syria. Ironic.

 

 

 

https://finance.yahoo.com/news/trump-isnt-g...-192705558.html

 

Coal miners and alienated workers just trumped corporate America.

 

By canceling America’s participation in the 2015 Paris climate agreement, President Trump snubbed many of the nation’s biggest businesses. Corporate giants including Exxon (XOM), General Electric (GE), Apple (AAPL), Microsoft (MSFT) and Alphabet (GOOGL) urged Trump to stick with the agreement, which nearly every other country in the world has signed on to. Tesla (TSLA) CEO Elon Musk said he’ll quit as an informal White House adviser on account of Trump’s decision to withdraw. The only major businesses supporting Trump’s move are energy firms dependent on coal and oil.

 

But abstaining from a global agreement embraced by every other developed economy is a headache for American businesses all the same. Multinational companies want to sell their goods and services everywhere, which is easier when their home country is following the same agenda, more or less, as other countries they want to sell to. The Paris agreement will likely spur spending on new climate-friendly technologies, and US firms want a cut of that as well. They could lose out to foreign firms whose home governments do more to cultivate such technologies.

 

 

 

 

https://www.yahoo.com/news/chicago-schoolgi...-141518920.html

Meanwhile, Uber drivers (and Greg) are in danger from machete and knife-wielding Chicago schoolgirls. Actually, murdering anyone, at age 16...not really a joking matter. Must have some deep-seated psychological issues.

 

Meanwhile, the Manila ISIS/terrorist attack that Trump led his press conference off with...well, it didn't actually happen.

 

At this point, I'm not still not altogether certain which is more bizarre/surreal at Episode 9 out of 13 in the new season of House of Cards, a fictional t.v. show or Trump World?

Edited by caulfield12
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QUOTE (KyYlE23 @ Jun 1, 2017 -> 05:39 PM)
Caulfield, pull your s*** together this has nothing to do with uber, or isis, or greg

 

Better watch out.

 

I will see Wonder Woman this afternoon and create a series of "fake spoilers" tonight just to annoy you.

Fwiw, it's supposed to be the best DC Comics movie adaptation in aeons.

 

 

 

NOW BACK TO OUR THEME:

 

Well, it was nice while it lasted. America was the leader of the free world for nearly 72 years, dating back to the conclusion of World War II in the summer of 1945. Now, there is no longer a clear case for the US. The European Union, if all of its member countries come together (thanks in part to Trump backlash), May's party is defeated in the UK and they figure out a way to take a mulligan on Brexit, might have an argument for the most united economic block in the world.

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QUOTE (StrangeSox @ May 31, 2017 -> 09:12 AM)
Meanwhile, the EU and China have agreed on a climate deal.

 

https://twitter.com/FT/status/869914490594316288

 

The US is going to be left behind on a lot of emerging technology and manufacturing because we need to do everything we can to save 50k coal jobs for some reason.

 

So basically by the agreements and information from the article, the US was basically going to pay other countries to try to be more green. Instead the EU is paying China.

 

 

The EU, home to the world’s largest carbon market, has agreed to give China €10m to support its plan to roll out a national emissions trading system this year in a move officials say will hasten the possibility of linking the two schemes.

 

 

The US under Mr Obama was a major contributor to international climate financing programmes. Many developing countries have submitted climate plans for the Paris agreement that are contingent on receiving international funding.

 

The EU and China have also agreed to co-operate on the deployment of electric cars, energy-efficiency labelling and scientific research into green innovation.

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Sort of? There is going to be an international fund for developing countries that the US government would pay into but which was also largely funded by private entities. The bigger part of it is the individual countries' commitments to reducing their climate emissions.

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QUOTE (ptatc @ Jun 1, 2017 -> 07:05 PM)
So basically by the agreements and information from the article, the US was basically going to pay other countries to try to be more green. Instead the EU is paying China.

 

 

The EU, home to the world's largest carbon market, has agreed to give China €10m to support its plan to roll out a national emissions trading system this year in a move officials say will hasten the possibility of linking the two schemes.

 

 

The US under Mr Obama was a major contributor to international climate financing programmes. Many developing countries have submitted climate plans for the Paris agreement that are contingent on receiving international funding.

 

The EU and China have also agreed to co-operate on the deployment of electric cars, energy-efficiency labelling and scientific research into green innovation.

 

 

https://en.wikipedia.org/wiki/Green_Climate_Fund

 

The European Commission does not provide funding to the Green Climate fund. It is EU Member States that directly contribute. Anno 2016, jointly, they have pledged nearly half of the fund's resources: USD 4.7 billion.[11]

 

The lack of pledged funds and potential reliance on the private sector is controversial and has been criticized by developing countries.[12]

 

President Obama, in his final 3 days in office, initiated the transfer of a second $500m installment to the Fund.[13]

 

 

I don't know how they come up with anywhere close to trillions of USD when it looks like $1 billion.

 

Going by those figures, the US commitment would be something like like 10.6% of the funding.

Edited by caulfield12
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Shack, I was talking to some pg&e folks today who were saying that California is "over generating" largely on solar and wind and as a result there aren't a lot of calls for power from fossil plants, even natural gas. That seem accurate from your end?

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QUOTE (caulfield12 @ Jun 1, 2017 -> 08:26 PM)
https://en.wikipedia.org/wiki/Green_Climate_Fund

 

The European Commission does not provide funding to the Green Climate fund. It is EU Member States that directly contribute. Anno 2016, jointly, they have pledged nearly half of the fund's resources: USD 4.7 billion.[11]

 

The lack of pledged funds and potential reliance on the private sector is controversial and has been criticized by developing countries.[12]

 

President Obama, in his final 3 days in office, initiated the transfer of a second $500m installment to the Fund.[13]

 

 

I don't know how they come up with anywhere close to trillions of USD when it looks like $1 billion.

 

Going by those figures, the US commitment would be something like like 10.6% of the funding.

Just going by the quoted article that said the US was going to be a major contributor to the program for other countries. I don't see any reason why the US should contribute any more or less than other major countries such as the EU or China.

I definitely don't see why the US or the EU for that matter needs to send money to China.

 

There was a discussion on XM POTUS that was saying that under the previous agreement the US was to decrease coal production and close plants while the EU was allowed to build coal plants and India was allowed to double their coal production.

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QUOTE (StrangeSox @ Jun 1, 2017 -> 07:36 PM)
Shack, I was talking to some pg&e folks today who were saying that California is "over generating" largely on solar and wind and as a result there aren't a lot of calls for power from fossil plants, even natural gas. That seem accurate from your end?

 

http://www.energy.ca.gov/renewables/tracki...y_from_coal.pdf

 

This provides a breakdown for current and future energy needs in CA expected from coal at least. Steep declines, see first graph.

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QUOTE (ptatc @ Jun 1, 2017 -> 07:42 PM)
Just going by the quoted article that said the US was going to be a major contributor to the program for other countries. I don't see any reason why the US should contribute any more or less than other major countries such as the EU or China.

I definitely don't see why the US or the EU for that matter needs to send money to China.

 

There was a discussion on XM POTUS that was saying that under the previous agreement the US was to decrease coal production and close plants while the EU was allowed to build coal plants and India was allowed to double their coal production.

 

China has $3 trillion in reserves. The US has almost $20 trillion in debt.

 

I don't think the US was ever going to subsidize China, though. Believe the intention was to support a democratic partner and counterbalance to China in Modi's India.

Edited by caulfield12
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I listened to the first part of the press conference today while driving. It was something else hearing the juxtaposition between Pence and Trump's intro talking about how great things were and then Trump talking about how the Paris accords are killing everything. They even declared America was great again.

 

So did they fix everything that was wrong already? Because it's already the greatest recovery ever? Or are things still s***ty? Messaging is kind of mixed.

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https://www.bloomberg.com/news/articles/201...l-defaults-rise

 

China does have TONS of shadow/hidden debt, and it's impossible to determine what's really their because of state subidies/control/ownership in the form of State Operated Enterprises, beginning with the BIG BANKS.

 

 

 

At any rate, Trump can't go back to November 8th and claim all these GREAT/AMAZING/HISTORICAL employment gains and stock marketing exploding by $3 trillion in additional wealth created and THEN TURN AROUND and say everything is doom and gloom, woe is me, Obama destroyed the USA, I'm the only solution to the problem, (basically, part of his Inauguration Day speech all over again).

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QUOTE (caulfield12 @ Jun 1, 2017 -> 08:46 PM)
China has $3 trillion in reserves. The US has almost $20 trillion in debt.

 

I don't think the US was ever going to subsidize China, though. Believe the intention was to support a democratic partner and counterbalance to China in Modi's India.

According to the article, the EU gave China money and it was implied that it was taking the place of the US giving them the money. Maybe that wasn't the case but the major countries shouldn't send money to China for these purposes. If China is going to be the supposedly leader, they shouldn't be taking money from other countries.

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QUOTE (ptatc @ Jun 1, 2017 -> 08:16 PM)
According to the article, the EU gave China money and it was implied that it was taking the place of the US giving them the money. Maybe that wasn't the case but the major countries shouldn't send money to China for these purposes. If China is going to be the supposedly leader, they shouldn't be taking money from other countries.

 

The typical argument is that both China and India aren't technically developed/1st world economies (huge wealth gap/disparity, of course no different in the US)...therefore, they don't have to pay the same share as Europe and the US. That's the theory, whether you agree with it or not.

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Only 16% of people surveyed are very worried about climate change.

 

According to a Yale survey, 70% of Americans believe global warming is real, but only 53% of those people think it is caused by human activity. Only 10% of people were aware that more than 90% of climate scientists are convinced that global warming is human-caused. The vast majority of people that answered the survey did not think the climate crisis would directly affect them or their families.

 

 

http://www.therealnews.com/t2/index.php?op...iew&id=3166

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Only 16% of people surveyed are very worried about climate change.

 

According to a Yale survey, 70% of Americans believe global warming is real, but only 53% of those people think it is caused by human activity. Only 10% of people were aware that more than 90% of climate scientists are convinced that global warming is human-caused. The vast majority of people that answered the survey did not think the climate crisis would directly affect them or their families.

 

 

http://www.therealnews.com/t2/index.php?op...iew&id=3166

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Climate change is fake news made up by scientists who could only dream of having their father call in a favor to get them in to Wharton, and allegedly graduate at the top of your class even though you never once made the Dean's list.

Edited by Dick Allen
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QUOTE (caulfield12 @ Jun 1, 2017 -> 10:28 PM)
The typical argument is that both China and India aren't technically developed/1st world economies (huge wealth gap/disparity, of course no different in the US)...therefore, they don't have to pay the same share as Europe and the US. That's the theory, whether you agree with it or not.

Really. The world at at large doesn't consider China is a 1st world country? They consider China to have a much bigger wealth disparity than the US?

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China is still considered a developing country, and their Gini index is fairly close to the US'em. Their per capita GDP doesn't meet developed country definitions.

 

The idea behind giving developing countries assistance is that the developed countries have already gotten to reap the benefits of building their economies in cheap, dirty energy and that it's in everyone's best interest to help these developing countries to modernize and expand with cleaner technologies.

 

Pence:

For some reason, this issue of climate change has emerged as a paramount issue for the left - in this country and around the world.

 

Yeah it sure is a mystery why "the left" cares about a serious problem that is already having global impacts that will only get worse.

 

And it's not so much "the left" as it is "the entire rest of the world," unless that was a tacit admission from pence that the GOP is a radical party that's to the right of literally every other country on the planet.

Edited by StrangeSox
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