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by Joseph Vazquez
March 03, 2025
from
NewsBusters Website
Looks like Reuters got red-pilled
and never saw
it coming.
Thanks Captain
'Obvious' Kerry!
Reuters Admits
Pursuit of
'Net Zero'
Emissions
'Resounding
Failure'...
Wow, who knew that setting insane and arbitrary emission goals to
"net zero" would be an exercise in utter futility, eh Reuters...?
The climate-obsessed Reuters (owned by
David Thomson) had somewhat of a
red-pill moment in a February 28
item when it admitted that the,
"pursuit of
net zero carbon emissions has
been a resounding failure."
For an outlet that
once advocated for the Nobel Peace
Prize to be doled out to "juvenile eco-delinquent"
Greta Thunberg,
this must have been a hard pill to swallow.
Greta Thunberg
Reuters conceded that,
"[d]espite trillions of dollars spent on
renewable energy, hydrocarbons still account for over 80%, opens
new tab of the world's primary energy and a similar share of
recent increases in energy consumption, according to The Energy
Institute."
Coal, oil, and natural gas production, reported Reuters,
"are at record highs"...!
Good for Reuters to come around to the obvious, er..., finally.
But the
meaningless nature of such
economy-crippling standards was
already
circulating in the ether long
before Reuters did its about-face.
As Climate Depot founder Marc Morano
told MRC Business in June 2024,
"Net zero in the climate agenda is really
nothing short of Soviet-style central planning. Every sector of
our economy is subject to long-range planning to meet net-zero
goals."
Even by leftist standards, net zero emissions were already
speculated to,
achieve next to nothing...!
Then-Secretary of State under President Barack Obama John Kerry
conceded in 2015 during the UN
Climate Change Conference (COP21):
"If all the industrial nations went down to
zero emissions - remember what I just said, all the industrial
nations went down to zero emissions - it wouldn't be enough..."
No kidding...
Reuters, of course, didn't bother resurfacing Kerry's
comments in its latest piece...!
But the outlet did admit that the
enormous push toward renewables hasn't necessarily resulted in lower
costs for consumers:
Solar and wind power have grown to a mere
3.5% of primary energy production.
The levelised cost of renewable energy - which measures of the net present value of electricity produced
over a plant's lifetime - has declined sharply over the years.
But this has not resulted into lower
electricity prices.
In fact, as the share of the energy mix
provided by renewables has risen, electricity prices have tended
to increase.
That's because wind and solar power are
intermittent.
Since storing energy in batteries is
uneconomic, traditional sources of power are still needed as
backup, which is expensive.
Thanks a lot, Captain 'Obvious'...!
Hoover Institution Visiting Fellow Bjorn Lomborg told
Fox Business
host Larry Kudlow in 2021 that even if all U.S. presidents for the
next seventy years were to follow then-President Joe Biden's
extremist emissions-cutting policies,
"it will reduce temperatures trivially."
Lomborg said the reduction would only be a meaningless
"0.07° Fahrenheit.
And this is through the 'UN climate model'...
So, it's going to be very hard. It's going to be
very costly. It'll have virtually no impact."
Noted Lomborg,
"[Y]ou've never solved a problem in history
by telling people, 'Could you live with less?' You were just
talking about that. 'Could you please - you know - celebrate
your Fourth of July in a way you'd hate'?"
Apparently, Reuters couldn't really grasp this
concept totally until around now, given that it was pumping out net
zero agitprop as recently as October 2024, such as the following
item headlined:
"Net zero target needs $3.5 trillion in
annual green energy investment", Wood Mackenzie says.
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