“Equatorial Guyana and Suriname have combined oil reserves estimated to be 17 billion barrels of oil equivalent. The biggest hurdle to the extraction of these reserves could come from lack of capital … if the international climate-industrial complex takes a strong stand against their extraction plans and their own governments acquiesce.”
The poverty-stricken Caribbean countries of Guyana and Suriname have hit the jackpot with the discovery of huge offshore oil reserves that are on track to produce revenue for decades.
Opposition from the United Nations and other anti-hydrocarbon entities might hamper the pace of production but won’t stop it. The global need for more crude is too great, and the economic situation of the two South American nations is too dire.
Suriname has been experiencing double-digit inflation for a while now (35 percent in 2020).…
Continue Reading“[J]ust 1 percent of voters in a recent New York Times/Siena College poll named climate change as the most important issue facing the country, far behind worries about inflation and the economy. Even among voters under 30, the group thought to be most energized by the issue, that figure was 3 percent.” (NYT, Below)
Climate anxiety or climate realism? The stark choice becomes more apparent every day as climate alarmists lick their wounds at political failure. So what is the next move for those who refuse to rethink their position, to believe the data rather than the models? One guess is to get the climate modelers to tweak a few things to then conclude, “Oh, we have more time than we thought to achieve Net Zero.”
Fifty years ago, two key Club of Rome/Limits to Growth authors retreated to their New Hampshire farm “to learn about homesteading and wait for the coming collapse.”…
Continue ReadingEd. note: Paul C. “Chip” Knappenberger was a longtime colleague and friend of Patrick Michaels (1950–2022). Knappenberger was co-author (with Michaels) of Lukewarming: The New Climate Science that Changes Everything (Cato Institute: 2016)
It was during the Fall of 1984 that I first met Pat Michaels. He was the professor of my Applied Climatology course during the first semester of my junior year at the University of Virginia. He entered class carrying a 3-ring binder over-stuffed with papers sticking out on all sides, pouring a Dr. Pepper over ice that was overflowing onto his khakis and sneakers, while fiddling with his tie and pushing in the tails of his button-down shirt.
He was brash and entertaining, but personable and approachable—qualities unlike any other professor I had experienced during my first two years at UVa.…
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