CFACT

'Do Not Ever Divest of Hydrocarbons' - Larry Fink; COP-28 in UAE Promises Energy Reality says Friends of Science Society

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Tuesday, October 3, 2023
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CALGARY, Alberta, Oct. 3rd, 2023 /PRNewswire-PRWeb/ -- In a surprising Bloomberg interview of Sept. 29, 2023, at the Berlin Global Dialogue forum, Larry Fink, CEO of BlackRock, the world's largest asset manager and decarbonization advocate, said "Hydrocarbons are going to be with us for a long, long time and that's why we are working with energy companies, not against energy companies. That is why we said, 'do not ever divest of hydrocarbons'," bringing much-needed energy reality to the global conversation, says Friends of Science Society.

Key Points: 
  • That is why we said, 'do not ever divest of hydrocarbons'," bringing much-needed energy reality to the global conversation, says Friends of Science Society.
  • Friends of Science says this message should hit home with the Canadian Senators for Climate who are trying to introduce a Climate Finance bill to choke off investment for fossil fuels .
  • This fear was confirmed by the Alberta Electric System Operator (AESO), at a press conference on Sept. 28, 2023.
  • Dr. Clark will be one of Friends of Science Society's guest speakers at their upcoming Oct. 17, 2023 event in Calgary - "Break Free from Climate Tyranny: Evidence Over Ideology."

COP27 Flails and Fails to Face Reality of Energy Crisis and Preposterous Loss and Damage Claims says Friends of Science Society

Retrieved on: 
Thursday, November 17, 2022
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CALGARY, Alberta, Nov. 17, 2022 /PRNewswire-PRWeb/ -- As reported by EuroActiv on Nov. 10, 2022, the EU and US pushed back on the climate reparations related to COP27 negotiations; now preposterous 'loss and damage' claims by developing nations have spiraled into the trillions, as reported by CFACT, Nov. 16, 2022, meaning that COP27 is flailing and failing, says Friends of Science Society. Western nations have never even met their Green Climate Fund annual commitment of $100 billion/yr., promised at the 2015 COP-21 Paris Agreement as an inducement to developing nations.

Key Points: 
  • Climate negotiations at the Sharm El-Sheikh COP27 conference are failing to meet expectations as developing nations up their 'loss and damage' demands into the trillions says Friends of Science Society.
  • Climate catastrophe narrative falls apart as does the 'green' future in the face of the energy crisis.
  • Long-time climate policy analyst Robert Lyman wrote of COP27 that " It's All About the Money. "
  • Friends of Science Society is an independent group of earth, atmospheric and solar scientists, engineers, and citizens that is celebrating its 20th year of offering climate science insights.