Countries can count “carbon offsets” and still use fossil fuels. Furthermore, over the past few decades, we have been treated to a number of different interpretations of “the Science™” (e.g., the ice age of the 1970’s, and snow-free futures in the 1990’s). But it appears real science may have won the day, as “in keeping with the science,” the agreement recognizes fossil fuels cannot be effectively “phased-out” in the foreseeable future.
As I noted in a previous post, the “Iron Law of Electricity” states that people, businesses, and countries will do whatever they have to do to get the electricity they need. Interestingly, the COP28 agreement didn’t even force countries to end the use of the most demonized of fossil fuels, coal. And, in terms of energy production, coal is still king. . . with over a third of the world’s electricity coming from that energy efficient source.
[That just suggests that the world is still run by people who have some accountability to the people they govern or rule. Very few people will agree to go back to standards of living from earlier decades or centuries just because of global-warming hysterics. — Ed]
Join the conversation as a VIP Member