The Classic Green Non Story – Coal Assets Could Be Halved If…..

Coal assets could be worth less than half of their current market value if the world agrees tougher climate targets according to a report by the bank HSBC

“If is the middle word in life” said Marlon Brando’s character Colonel Kilgore in the movie Apocalypse Now.

Generations of computer programmers know If is a conditional, as in the conditional If, used in many programming languages, only in warming alarmist world are conditionals an absolute, where if and could, are actually synonyms for will.

When you couple this skewing of language with vested interests reporting on vested interests, you end up with the a classic Green non story like “Value of coal assets ‘could be halved’ if world goes low-carbon“.

Conditionals are of course based upon probability, and obviously there is a chance that the entire world could decide to believe the Green meme, leave fossil fuel reserves in the ground and decide to follow a dimly lit future based upon intermittent Green approved energy generation.

The big question, is it likely?

Advertisement

COP17 Fear Stories – The World Will End In 2017

The new deadline to prevent Climate Armageddon is 2017

As the doomed COP17 Durban UN Climate Conference draws ever closer, the warming alarmists are following their time honoured tradition of lots of scary Climate of Fear stories.

The most bizarre scare story for a long while appeared in August 2011 when the world was warned to expect Alien invasion because Green ecomentalists from Alpha Centauri would wipe us out due to the levels of CO2 in the planet’s atmosphere.

The Arctic was supposed to be ice free by 2012, as this has once again failed to happen the warming alarmists have now shifted the date of the “might be” event to 2030.