Monday, December 13, 2010

General Electric (GE) Waking Up To Fact That GreenEnergy (and global warming) Is A BUST

Destroying and disproving the myth of man-caused global warming has had a significant effect on General Electric, one of the myth's primary supporters. Apparently GE has seen the light, come to their senses and finally realizes that the entire premise of man-caused global warming has been one gigantic hoax. Search this blog for articles on GE to follow the history of these schemes, scandals, lies, and deceptions. Look for similar changes in focus and attitude toward global warming, climate change and all it entails.
Peter

The browning of GE

3:36 pm ET 12/13/2010 - MarketWatch Databased News

SAN FRANCISCO (MarketWatch) -- General Electric's decision to buy Britain's Wellstream Holdings PLC is clearly about securing a spot for itself in Brazil's booming deepwater oil industry.

But it also offers an interesting counterpoint to GE's own carefully groomed public energy persona.

For the past few years, GE has been busy prying open business opportunities in green energy. As part of the push, it created a separate R&D clean-tech unit called Ecomagination, slapping a bright green GE logo on the enterprise to visually drive home the point.

The company is now deep into wind power (turbines), it's a huge proponent of electric vehicles (recharging stations), and a major player in the developing a "smart" energy grid (smart meters) -- programs that also happen to be backed by billions of dollars in government stimulus funding.

So why is GE plunking down $1.3 billion to buy Wellstream Holdngs , a company that makes pipeline and other equipment for the offshore oil industry? Read about the GE-Wellstream deal.

Wellstream is an interesting choice because much of its operations and revenue are in Brazil, a country that's emerging as a global energy powerhouse because of its rich offshore oil fields, surplus of sugar-based ethanol fuels and extensive hydropower. GE simply wants to be in the mix.

The oil component of that mix is certainly looking more attractive than it did when GE launched Ecomagination a couple of years ago, before the Great Recession.

GE couldn't at the time have seen just how deep the recession would be, or what impact it would have on budgets aimed at "going green." They also couldn't have foreseen how the Cancun Climate Change Summit, which wrapped up this weekend, would end up being about as toothless as COP15, the Copenhagen climate change summit a year ago.

A major recession and an international stalemate over imposing stricter carbon controls are not helping GE's green technology sales. And who knows how long government stimuli are going to last, especially given the results of the mid-term elections here at home.

By buying Wellstream, GE is doing what all conglomerates do. It's diversifying. It's also plunking down a big chunk of cash to make sure it's got a piece of the action in the overseas offshore oil industry. That might not sound very green to an environmentalist, but given the current economic climate, it simply sounds like GE hedging its bet.

-- Jim Jelter

Thursday, December 9, 2010

WickieLeaks Prove Corruption By Global Warming Alarmists, Politicians, and Governments

It looks like all the accusations of corruption within the global warming/climate change "Industry" are proving to be true. The leaked State Department cables are the latest smoking gun. The truth is finally coming out. Notice Al Gore is lying low, nowhere to be seen. He know he's been a liar, and more and more global warming true believers are realizing they've been played for fools. It is wake-up time, and for many it is a difficult pill to swallow.

Peter

WikiLeaks cables reveal how US manipulated climate accord

Embassy dispatches show America used spying, threats and promises of aid to get support for Copenhagen accord

- WikiLeaks cables: Cancún climate talks doomed to fail, says EU president
- Cancún climate change summit: Week one in pictures

A Greenpeace activist in a hot air ballon ahead of the UN climate summit in Cancún
A Greenpeace activist in a hot air ballon ahead of the current UN climate summit in Cancún. WikiLeaks cables expose US use of espionage before the 2009 Copenhagen summit. Photograph: Luis Perez/AFP/Getty Images

Hidden behind the save-the-world rhetoric of the global climate change negotiations lies the mucky realpolitik: money and threats buy political support; spying and cyberwarfare are used to seek out leverage.

The US diplomatic cables reveal how the US seeks dirt on nations opposed to its approach to tackling global warming; how financial and other aid is used by countries to gain political backing; how distrust, broken promises and creative accounting dog negotiations; and how the US mounted a secret global diplomatic offensive to overwhelm opposition to the controversial "Copenhagen accord", the unofficial document that emerged from the ruins of the Copenhagen climate change summit in 2009.

Negotiating a climate treaty is a high-stakes game, not just because of the danger warming poses to civilisation but also because re-engineering the global economy to a low-carbon model will see the flow of billions of dollars redirected.

Seeking negotiating chips, the US state department sent a secret cable on 31 July 2009 seeking human intelligence from UN diplomats across a range of issues, including climate change. The request originated with the CIA. As well as countries' negotiating positions for Copenhagen, diplomats were asked to provide evidence of UN environmental "treaty circumvention" and deals between nations.

WikiLeaks cables: Climate talks doomed, says EU president
Wikileaks cables: America's secret climate diplomacy
Cancún climate talks in danger of collapse
In pictures: Cancún climate change summit - week one

But intelligence gathering was not just one way. On 19 June 2009, the state department sent a cable detailing a "spear phishing" attack on the office of the US climate change envoy, Todd Stern, while talks with China on emissions took place in Beijing. Five people received emails, personalised to look as though they came from the National Journal. An attached file contained malicious code that would give complete control of the recipient's computer to a hacker. While the attack was unsuccessful, the department's cyber threat analysis division noted: "It is probable intrusion attempts such as this will persist."

• Read more about how the US cajolled other countries into supporting the Copenhagen Accord.

The Beijing talks failed to lead to a global deal at Copenhagen. But the US, the world's biggest historical polluter and long isolated as a climate pariah, had something to cling to. The Copenhagen accord, hammered out in the dying hours but not adopted into the UN process, offered to solve many of the US's problems.

The accord turns the UN's top-down, unanimous approach upside down, with each nation choosing palatable targets for greenhouse gas cuts. It presents a far easier way to bind in China and other rapidly growing countries than the UN process. But the accord cannot guarantee the global greenhouse gas cuts needed to avoid dangerous warming. Furthermore, it threatens to circumvent the UN's negotiations on extending the Kyoto protocol, in which rich nations have binding obligations. Those objections have led many countries – particularly the poorest and most vulnerable – to vehemently oppose the accord.

Getting as many countries as possible to associate themselves with the accord strongly served US interests, by boosting the likelihood it would be officially adopted. A diplomatic offensive was launched. Diplomatic cables flew thick and fast between the end of Copenhagen in December 2009 and late February 2010, when the leaked cables end.

Some countries needed little persuading. The accord promised $30bn (£19bn) in aid for the poorest nations hit by global warming they had not caused. Within two weeks of Copenhagen, the Maldives foreign minister, Ahmed Shaheed, wrote to the US secretary of state, Hillary Clinton, expressing eagerness to back it.

By 23 February 2010, the Maldives' ambassador-designate to the US, Abdul Ghafoor Mohamed, told the US deputy climate change envoy, Jonathan Pershing, his country wanted "tangible assistance", saying other nations would then realise "the advantages to be gained by compliance" with the accord.

A diplomatic dance ensued. "Ghafoor referred to several projects costing approximately $50m (£30m). Pershing encouraged him to provide concrete examples and costs in order to increase the likelihood of bilateral assistance."

The Maldives were unusual among developing countries in embracing the accord so wholeheartedly, but other small island nations were secretly seen as vulnerable to financial pressure. Any linking of the billions of dollars of aid to political support is extremely controversial – nations most threatened by climate change see the aid as a right, not a reward, and such a link as heretical. But on 11 February, Pershing met the EU climate action commissioner, Connie Hedegaard, in Brussels, where she told him, according to a cable, "the Aosis [Alliance of Small Island States] countries 'could be our best allies' given their need for financing".

The pair were concerned at how the $30bn was to be raised and Hedegaard raised another toxic subject – whether the US aid would be all cash. She asked if the US would need to do any "creative accounting", noting some countries such as Japan and the UK wanted loan guarantees, not grants alone, included, a tactic she opposed. Pershing said "donors have to balance the political need to provide real financing with the practical constraints of tight budgets", reported the cable.

Along with finance, another treacherous issue in the global climate negotiations, currently continuing in Cancún, Mexico, is trust that countries will keep their word. Hedegaard asks why the US did not agree with China and India on what she saw as acceptable measures to police future emissions cuts. "The question is whether they will honour that language," the cable quotes Pershing as saying.

Trust is in short supply on both sides of the developed-developing nation divide. On 2 February 2009, a cable from Addis Ababa reports a meeting between the US undersecretary of state Maria Otero and the Ethiopian prime minister, Meles Zenawi, who leads the African Union's climate change negotiations.

The confidential cable records a blunt US threat to Zenawi: sign the accord or discussion ends now. Zenawi responds that Ethiopia will support the accord, but has a concern of his own: that a personal assurance from Barack Obama on delivering the promised aid finance is not being honoured.

US determination to seek allies against its most powerful adversaries – the rising economic giants of Brazil, South Africa, India, China (Basic) – is set out in another cable from Brussels on 17 February reporting a meeting between the deputy national security adviser, Michael Froman, Hedegaard and other EU officials.

Froman said the EU needed to learn from Basic's skill at impeding US and EU initiatives and playing them off against each in order "to better handle third country obstructionism and avoid future train wrecks on climate".

Hedegaard is keen to reassure Froman of EU support, revealing a difference between public and private statements. "She hoped the US noted the EU was muting its criticism of the US, to be constructive," the cable said. Hedegaard and Froman discuss the need to "neutralise, co-opt or marginalise unhelpful countries including Venezuela and Bolivia", before Hedegaard again links financial aid to support for the accord, noting "the irony that the EU is a big donor to these countries". Later, in April, the US cut aid to Bolivia and Ecuador, citing opposition to the accord.

Any irony is clearly lost on the Bolivian president, Evo Morales, according to a 9 February cable from La Paz. The Danish ambassador to Bolivia, Morten Elkjaer, tells a US diplomat that, at the Copenhagen summit, "Danish prime minister Rasmussen spent an unpleasant 30 minutes with Morales, during which Morales thanked him for [$30m a year in] bilateral aid, but refused to engage on climate change issues."

After the Copenhagen summit, further linking of finance and aid with political support appears. Dutch officials, initially rejecting US overtures to back the accord, make a startling statement on 25 January. According to a cable, the Dutch climate negotiator Sanne Kaasjager "has drafted messages for embassies in capitals receiving Dutch development assistance to solicit support [for the accord]. This is an unprecedented move for the Dutch government, which traditionally recoils at any suggestion to use aid money as political leverage." Later, however, Kaasjager rows back a little, saying: "The Netherlands would find it difficult to make association with the accord a condition to receive climate financing."

Perhaps the most audacious appeal for funds revealed in the cables is from Saudi Arabia, the world's second biggest oil producer and one of the 25 richest countries in the world. A secret cable sent on 12 February records a meeting between US embassy officials and lead climate change negotiator Mohammad al-Sabban. "The kingdom will need time to diversify its economy away from petroleum, [Sabban] said, noting a US commitment to help Saudi Arabia with its economic diversification efforts would 'take the pressure off climate change negotiations'."

The Saudis did not like the accord, but were worried they had missed a trick. The assistant petroleum minister Prince Abdulaziz bin Salman told US officials that he had told his minister Ali al-Naimi that Saudi Arabia had "missed a real opportunity to submit 'something clever', like India or China, that was not legally binding but indicated some goodwill towards the process without compromising key economic interests".

The cables obtained by WikiLeaks finish at the end of February 2010. Today, 116 countries have associated themselves with the accord. Another 26 say they intend to associate. That total, of 140, is at the upper end of a 100-150 country target revealed by Pershing in his meeting with Hedegaard on 11 February.

The 140 nations represent almost 75% of the 193 countries that are parties to the UN climate change convention and, accord supporters like to point out, are responsible for well over 80% of current global greenhouse gas emissions.

At the mid-point of the major UN climate change negotiations in Cancún, Mexico, there have already been flare-ups over how funding for climate adaptation is delivered. The biggest shock has been Japan's announcement that it will not support an extension of the existing Kyoto climate treaty. That gives a huge boost to the accord. US diplomatic wheeling and dealing may, it seems, be bearing fruit.

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