{"id":377637,"date":"2025-05-08T11:15:49","date_gmt":"2025-05-08T09:15:49","guid":{"rendered":"https:\/\/climatescience.press\/?p=377637"},"modified":"2025-05-08T11:15:51","modified_gmt":"2025-05-08T09:15:51","slug":"a-critique-of-the-apocalyptic-climate-narrative","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=377637","title":{"rendered":"A Critique of the Apocalyptic Climate Narrative"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"723\" height=\"407\" data-attachment-id=\"377639\" data-permalink=\"https:\/\/climatescience.press\/?attachment_id=377639\" data-orig-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/02621650.jpg?fit=1920%2C1080&amp;ssl=1\" data-orig-size=\"1920,1080\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"0,2621650\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/02621650.jpg?fit=723%2C407&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/02621650.jpg?resize=723%2C407&#038;ssl=1\" alt=\"\" class=\"wp-image-377639\" srcset=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/02621650.jpg?resize=1024%2C576&amp;ssl=1 1024w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/02621650.jpg?resize=300%2C169&amp;ssl=1 300w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/02621650.jpg?resize=768%2C432&amp;ssl=1 768w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/02621650.jpg?resize=1536%2C864&amp;ssl=1 1536w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/02621650.jpg?resize=1200%2C675&amp;ssl=1 1200w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/02621650.jpg?w=1920&amp;ssl=1 1920w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/02621650.jpg?w=1446&amp;ssl=1 1446w\" sizes=\"auto, (max-width: 723px) 100vw, 723px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From <a href=\"https:\/\/judithcurry.com\/2025\/05\/07\/a-critique-of-the-apocalyptic-climate-narrative\/\">Climate Etc.<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">By Judith Curry and\u00a0<a href=\"https:\/\/www.marshall.usc.edu\/personnel\/harry-charles-de-angelo\">Harry DeAngelo\u00a0<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We have a new paper published in the&nbsp;<em>Journal of Applied Corporate Finance<\/em>, entitled \u201cA Critique of the Apocalyptic Climate Narrative.\u201d The paper reflects the&nbsp;<em>JACF<\/em>\u2019s ongoing interest in publishing articles that analyze important Environmental, Social, and Governance (ESG) issues in ways that are useful for investors, money managers, and corporate directors, as well as for economists and legal scholars who study corporate governance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The official link for the publication at&nbsp;<a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/10.1111\/jacf.12665\">Wiley<\/a>&nbsp;.&nbsp; The paper can be downloaded from&nbsp;<a href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=5145310\">SSRN<\/a>&nbsp;.&nbsp; Please use SSRN to download, as is it easier to navigate and so that we can keep track of the download numbers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The back story on this paper is that Harry DeAngelo sent me a draft manuscript for comments.&nbsp; I was intrigued by writing a paper on this topic for the corporate\/investor audience, and the collaboration was born.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Some excerpts from the paper are provided below:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Summary&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&lt;quote&gt;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The apocalyptic climate narrative is a seriously misleading propaganda tool and a socially destructive guide for public policy. The narrative radically overstates the risks to humanity of continued global warming, which are manageable, not existential. It prescribes large-scale near-term suppression of fossil-fuel use; while failing to recognize the huge costs that such suppression would inflict on humans because fossil fuels are currently irreplaceable inputs for producing food (via ammonia-based fertilizer), steel, cement, and plastics.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The paper details the flaws in the apocalyptic climate narrative, including why the threat from human- caused climate change is not dire and why urgent suppression of fossil-fuel use would be unwise. We argue that sensible public policies would focus instead on developing a diversified portfolio of energy sources to support greater resilience and flexibility to respond to whatever weather and climate extremes that might occur. We identify nine principles for sensible U.S. public policies toward energy and discuss implications of the flaws in the narrative for investors and their agents.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&lt;end quote&gt;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The first three sections provide introductory material that readers of Climate Etc. should be very familiar with.&nbsp; Here is the outline of sections 2 and 3:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2. Is global warming dangerous?<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Warming over the past 120 years<\/li>\n\n\n\n<li>Prospective warming over the 21<sup>st<\/sup>\u00a0century<\/li>\n\n\n\n<li>Tipping points and surprises<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3. Fossil fuel suppression: shooting ourselves in the foot<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Failure of net zero policies<\/li>\n\n\n\n<li>Geopolitical concerns about fossil fuel suppression<\/li>\n\n\n\n<li>Moral concerns about fossil fuel suppression<\/li>\n\n\n\n<li>Other economic, technological, and social impediments to fossil fuel suppression<\/li>\n\n\n\n<li>Bad energy choices<\/li>\n\n\n\n<li>Ever-growing demand for energy<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Section 4 addresses rational energy policy for the 21<sup>st<\/sup>&nbsp;century, with the full text of this section excerpted here:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&lt;quote&gt;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>4. Rational energy policy for the 21<sup>st<\/sup>&nbsp;century<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We offer nine principles for operationalizing this approach to U.S. energy policies, with #3, #5, and #6 specifying actions we should take and the remainder highlighting what we should not do.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>We should\u00a0<em>not\u00a0<\/em>inflict costs on U.S. citizens \u2013 reduced overall economic prosperity, constrained individual choice, and diminished national security \u2013 by adopting public policies intended to mitigate global warming that will not detectably affect Earth\u2019s temperature in the short or long<\/li>\n\n\n\n<li>We should\u00a0<em>not\u00a0<\/em>eliminate fossil fuels before we have technologically viable and cost-effective replacements for the critical inputs they provide in the production of food, steel, cement, plastics, and electricity.<\/li>\n\n\n\n<li>We should use \u201ccarrots\u201d to foster investment in innovation in energy, materials science, and agricultural science, as well as in the ability of humans to adapt to a changing climate.<\/li>\n\n\n\n<li>We should\u00a0<em>not\u00a0<\/em>use \u201csticks\u201d to punish consumption that generates greenhouse gasses (e.g., banning gas stoves, jet travel, internal combustion engines, and non-vegan food), while having no material effect on temperatures now or in the long run.<\/li>\n\n\n\n<li>We should cultivate clean energy (to reduce air pollution) and energy independence (for national defense and economic security reasons) with a diversified set of reliable energy sources to hedge the risks of adverse \u201cunknown unknowns\u201d in the evolution of our political, economic, and physical<\/li>\n\n\n\n<li>We should put major emphasis on the resuscitation (and refined development) of nuclear power, which is at least as safe as solar and wind and far safer than coal and oil (based on comparisons of death rates due to both accidents and air pollution per unit of electricity generated).<\/li>\n\n\n\n<li>We should\u00a0<em>not\u00a0<\/em>focus narrowly on solar panels, wind turbines, and biofuels. Solar and wind are problematic because of their (i) unreliability and consequent need for a stand-by power system, (ii) low energy density and consequent massive land requirements to deliver energy at scale, and (iii) negative externalities (e.g., from rare-earth mining to produce batteries to address the unreliability problem). Biofuel emissions are at least as bad as gasoline, while biofuel production uses massive amounts of cropland and played a significant role in three major food crises in the last 20 years.<\/li>\n\n\n\n<li>We should\u00a0<em>not\u00a0<\/em>engage in backdoor regulation of fossil-fuel use by the Federal Reserve (through bank oversight) and the SEC (through ESG empowerment) that will warp the allocation of investment capital.<\/li>\n\n\n\n<li>We should\u00a0<em>not\u00a0<\/em>use our power to impose credit policies toward developing countries (e.g., by the World Bank) that discourage fossil-fuel-based projects and thereby make it more difficult for world\u2019s poorest people to elevate themselves out of poverty.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">The three proactive principles (#3, #5, and #6) reflect the physical reality that human flourishing depends critically on the abundant availability of energy and on the currently irreplaceable role that fossil fuels play in the production of food, steel, cement and plastics. Deterrent principle #7, which cautions against a narrow focus on solar, wind, and biofuels, reflects the strong technological limits of these technologies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The remaining deterrent principles (#1, #2, #4, #8, and #9) reflect the fact that it makes no sense to mandate or constrain choices that will cause humanity to bear costs when those choices will have no detectable effect on global warming in the short- or long-run. These costs have a&nbsp;<em>direct&nbsp;<\/em>component: Avoidable waste from outlays on unpromising technologies and on consumption goods that simply sound good from a carbon emissions perspective. They also have an&nbsp;<em>opportunity cost&nbsp;<\/em>component in terms of diverting resources from worthwhile causes, including investments to foster greater resilience to weather and climate extremes as well as to help wide swaths of humanity to elevate themselves out of poverty.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>4.1&nbsp; Implications for investors and their agents<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The flaws in the apocalyptic climate narrative have three important implications for the risk-management decisions of private investors and for the corporate directors and money managers who work on their behalf.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The actual risks of fossil-fuel-generated climate change are not nearly as great as portrayed in the drumbeat of worried discussions of global warming in public discourse that the apocalyptic climate narrative has fostered.<\/li>\n\n\n\n<li>Those who nonetheless want to do something to help mitigate global warming should realize that the long-run consequences for the planet of the ESG pursuit of a reduced corporate carbon footprint will do little, if anything, to change the climate over the course of the 21<sup>st<\/sup><\/li>\n\n\n\n<li>The apocalyptic climate narrative is itself an element of investment. The narrative has gained such powerful traction \u2013 especially in the U.S. and other wealthy countries \u2013 that it is significantly affecting the allocation of real resources and the stock-market values of companies.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The latter traction creates upside investment potential and downside risk. The upside, of course, is the potential for profits by responding to the demand for green investments. The downside risk is the possibility that many people will eventually come to realize that the importance of suppressing fossil-fuel use has been blown far out of proportion in public discourse.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From a capital markets perspective, the current green-investment situation accordingly has elements of a stock-price bubble that is supported by a false narrative. One can expect that bubble to sustain or grow provided that many people continue to buy into the premise of an urgent need to transition away from fossil fuels and as governments add more subsidies to renewable-energy projects.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The danger is that the bubble will pop or dissolve as it becomes increasingly clear that the Apocalyptic climate narrative is an extremely effective form of environmentalist propaganda that markedly overstates the risks to humanity of continued global warming.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">One might be tempted to take investment positions that effectively \u201cshort the bubble\u201d and wait for the gains to come rolling in when the bubble pops or dissolves. The problem with such strategies is that substantial valuation errors in the capital market can take a long time to correct. Consequently, arbitrageurs who have finite capital to invest and who make strong bets against the bubble can be wiped out financially before the asset-pricing errors are corrected.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The upshot is that there is no clear path to a \u201cfree lunch\u201d of abnormal investment performance from shorting green investments. The reason is that one simply cannot be sure about whether or when the world will come to broad recognition of the flaws in the narrative.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&lt;end quote&gt;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Full text is also excerpted for the final section:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&lt;begin quote&gt;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>&nbsp;5.&nbsp;<\/strong><strong>Bottom line: Sensible alternatives to net-zero policies<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The apocalyptic climate narrative is a seriously flawed guide for public policy because it (1) radically overstates the risks to humanity of continued global warming, which are manageable, not existential and<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">(2) prescribes large-scale near-term suppression of fossil-fuel use, while failing to recognize the huge costs that such suppression would inflict on humans because fossil fuels are currently irreplaceable inputs for producing food (via ammonia-based fertilizer), steel, cement, and plastics.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The answers to four key questions provide a compact foundation for a far more sensible template for public policies toward global warming and the use of fossil fuels.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What would happen if the U.S. enforced a net-zero emissions policy?&nbsp;<\/strong>In 2100, according to climate- model projections. Earth\u2019s average temperature would be lower (than it otherwise would be) by less than 0.2\u00b0C, which would be undetectable statistically given normal temperature variation. U.S. consumption and production of goods created with steel, cement, and plastics, and of food grown with ammonia-based fertilizer would immediately plummet because of the essential role fossil fuels play in their creation. A sharp decline in the quality of life would surely ensue.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Is it worth it?&nbsp;<\/strong>Is an undetectable reduction in the warming trend worth a huge sacrifice in the quality of life caused by an urgent move to net-zero? According to the apocalyptic climate narrative, the answer is yes because humanity (ostensibly) faces an existential threat from global warming. However, there is no credible evidence of an existential threat from global warming. Nor, indeed, is there evidence of warming- related costs that cannot be addressed by humanity\u2019s resilience and ability to adapt to extreme climates.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Is an aggressive move to net-zero emissions politically feasible?&nbsp;<\/strong>Public policies that enforce an urgent move to net-zero would be especially hard to sell to the U.S. electorate once voters see the costs they would bear. The resistance would almost surely grow stronger as more voters come to realize that, regardless of their personal quality-of-life sacrifices, global warming is predicted to continue because China, India, Russia, Iran, and many other countries have strong incentives to continue to use fossil fuels.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What then should the U.S. do about global warming?&nbsp;<\/strong>We should encourage investment in efforts to find and improve alternatives to fossil fuels and in adaptation to a changing climate. We should&nbsp;<em>not&nbsp;<\/em>suppress fossil-fuel use because that would impose serious costs while generating no detectable benefits. Such suppression would put the net-zero cart before the horse, which is finding viable alternatives to fossil fuels in the myriad ways they enable humans to live far longer and much higher quality lives than our ancestors did even as recently as 100 years ago.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&lt;end quote&gt;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We have a new paper published in the\u00a0Journal of Applied Corporate Finance, entitled \u201cA Critique of the Apocalyptic Climate Narrative.\u201d The paper reflects the\u00a0JACF\u2019s ongoing interest in publishing articles that analyze important Environmental, Social, and Governance (ESG) issues in ways that are useful for investors, money managers, and corporate directors, as well as for economists and legal scholars who study corporate governance.<\/p>\n","protected":false},"author":121246920,"featured_media":377639,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_crdt_document":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691834940,691818056,691819142,691818229,691818228,691818087,691823591,691818154],"class_list":{"0":"post-377637","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-uncategorized","8":"tag-apocalyptic-climate-narrative","9":"tag-climate-change","10":"tag-energy-policy","11":"tag-esg","12":"tag-fossil-fuels","13":"tag-global-warming","14":"tag-investors","15":"tag-net-zero","17":"fallback-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/02621650.jpg?fit=1920%2C1080&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1AeV","jetpack-related-posts":[{"id":377625,"url":"https:\/\/climatescience.press\/?p=377625","url_meta":{"origin":377637,"position":0},"title":"Puncturing the Apocalypse: Curry and DeAngelo Expose the Myth of Climate Catastrophe","author":"uwe.roland.gross","date":"08\/05\/2025","format":false,"excerpt":"In an era where fear sells faster than facts, a refreshing gust of sanity has arrived in the form of a new paper by Dr. Judith Curry and economist Harry DeAngelo. Titled\u00a0\u201cA Critique of the Apocalyptic Climate Narrative,\u201d\u00a0the paper dismantles, brick by shaky brick, the popular belief that humanity teeters\u2026","rel":"","context":"In \"Climate Catastrophe\"","block_context":{"text":"Climate Catastrophe","link":"https:\/\/climatescience.press\/?tag=climate-catastrophe"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/03183520.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/03183520.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/03183520.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/03183520.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/03183520.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":377836,"url":"https:\/\/climatescience.press\/?p=377836","url_meta":{"origin":377637,"position":1},"title":"A Critique of the Climate Apocalypse with Dr. Judith Curry \u2014 The Climate Realism Show\u00a0#156","author":"uwe.roland.gross","date":"09\/05\/2025","format":false,"excerpt":"Join Heartland\u2019s Anthony Watts, Linnea Lueken, H. Sterling Burnett, Jim Lakely, and Dr. Judith Curry LIVE at 1 p.m. ET for Episode #156 of The Climate Realism Show. Leave your questions in the live YouTube or Rumble chat to have them addressed in the Q&A segment at the end of\u2026","rel":"","context":"In \"apocalyptic climate narrative\"","block_context":{"text":"apocalyptic climate narrative","link":"https:\/\/climatescience.press\/?tag=apocalyptic-climate-narrative"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/0Screenshot-2025-05-09-173533.png?fit=1200%2C671&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/0Screenshot-2025-05-09-173533.png?fit=1200%2C671&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/0Screenshot-2025-05-09-173533.png?fit=1200%2C671&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/0Screenshot-2025-05-09-173533.png?fit=1200%2C671&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/0Screenshot-2025-05-09-173533.png?fit=1200%2C671&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":205314,"url":"https:\/\/climatescience.press\/?p=205314","url_meta":{"origin":377637,"position":2},"title":"DISCLOSING THE REAL \u201cCLIMATE RISK\u201d: CASE STUDY: UK \u201cESG\u201d Billionaire Behind U.S. Climate Regulatory, Litigation Campaigns","author":"uwe.roland.gross","date":"21\/06\/2022","format":false,"excerpt":"From Government Accountability & Oversight WEBEDITOR GAO published research today revealing the breadth and depth of a campaign by \u201cESG\u201d investors \u00a0\u2014 and one investor in particular \u2014 costing hundreds of millions of dollars and instilling in investors the fear that their assets could become worthless, or nearly so, as\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/06\/image-80.png?fit=1024%2C512&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/06\/image-80.png?fit=1024%2C512&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/06\/image-80.png?fit=1024%2C512&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/06\/image-80.png?fit=1024%2C512&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":207764,"url":"https:\/\/climatescience.press\/?p=207764","url_meta":{"origin":377637,"position":3},"title":"Another Miracle Just Happened","author":"uwe.roland.gross","date":"08\/07\/2022","format":false,"excerpt":"Back in 2009 the world was forced to take notice when a large number of emails sent by CRU scientists were uploaded onto Gavin Schmidt\u2019s Realclimate. Shortly afterwards a comment was posted on Steve McIntyre\u2019s Climate Audit website drawing attention to the upload and stating that \u2018A miracle just happened\u2019.\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/07\/0kirk-stuart-hsbc-2020-580x358-1.webp?fit=580%2C358&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/07\/0kirk-stuart-hsbc-2020-580x358-1.webp?fit=580%2C358&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/07\/0kirk-stuart-hsbc-2020-580x358-1.webp?fit=580%2C358&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":237024,"url":"https:\/\/climatescience.press\/?p=237024","url_meta":{"origin":377637,"position":4},"title":"2022: The Year ESG Fell to Earth","author":"uwe.roland.gross","date":"31\/12\/2022","format":false,"excerpt":"Although the disintegration of ESG as an investment strategy became unmistakable in 2022, its existence as a political doctrine will continue until it is challenged and defeated.","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/12\/image-974.png?fit=892%2C537&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/12\/image-974.png?fit=892%2C537&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/12\/image-974.png?fit=892%2C537&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/12\/image-974.png?fit=892%2C537&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":334728,"url":"https:\/\/climatescience.press\/?p=334728","url_meta":{"origin":377637,"position":5},"title":"ESG and stakeholder capitalism: A necessary deconstruction","author":"uwe.roland.gross","date":"26\/06\/2024","format":false,"excerpt":"\u201cI\u2019m not going to use the word \u2018ESG\u2019 because it\u2019s been misused by the far left and the far right,\u201d Larry Fink, chairman and chief executive of BlackRock, declared a year ago. The far left, Fink complained, wanted BlackRock to use other people\u2019s money to decarbonize the economy. As for\u2026","rel":"","context":"In \"BlackRock\"","block_context":{"text":"BlackRock","link":"https:\/\/climatescience.press\/?tag=blackrock"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/06\/0stakeholder-1-1024x604-1.jpg?fit=1024%2C604&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/06\/0stakeholder-1-1024x604-1.jpg?fit=1024%2C604&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/06\/0stakeholder-1-1024x604-1.jpg?fit=1024%2C604&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/06\/0stakeholder-1-1024x604-1.jpg?fit=1024%2C604&ssl=1&resize=700%2C400 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/377637","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/users\/121246920"}],"replies":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=377637"}],"version-history":[{"count":2,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/377637\/revisions"}],"predecessor-version":[{"id":377640,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/377637\/revisions\/377640"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/media\/377639"}],"wp:attachment":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=377637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=377637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=377637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}