Some 70,000 people are expected to attend the meeting in Dubai. That’s twice the number that attended COP27 last year in Egypt. The surging number of attendees shows that the business of climate change, is, well, a business. As my friend, Roger Pielke Jr., observed on Sunday:
Climate is now a full-scale industry, with fortunes and careers to be made, and perhaps lost. That in itself is not necessarily good or bad — health, defense, finance and so on are also industries. It goes with the territory of being an important policy and political issue. Along with the climate industrial complex comes massive vested interests, ranging from the financial to the professional to the political.
Roger also reported on a new study by Masahiro Suzuki, Jessica Jewell, and Aleh Cherp. (If you haven’t subscribed to Roger’s Substack, you should do so now.) The study found that despite all the hoopla around climate meetings, they’ve had little discernible impact on energy policy. Here are the critical lines from the report (as with the above, emphasis is added):
Climate policies are often assumed to have significant impacts on the nature and speed of energy transitions...We find that climate policies have so far had limited impacts: while they may have influenced the choice of deployed technologies and the type of transitions, they have not accelerated the growth of low-carbon technologies or hastened the decline of fossil fuels. Instead, electricity transitions in the G7 and the EU have strongly correlated with the changes in electricity demand.
🛢📈 — Reuters reports that oil is approaching $100 per barrel following the latest exchange of attacks between Americans and Iranians on oil tankers.
▶️The price of Brent crude has risen to $97.07 per barrel, while American WTI crude has risen to $92.28. In the past week, Brent has risen by 7.8%, while WTI has risen by nearly 10%.
▶️On Saturday, U.S. forces attacked three Iranian oil tankers, one of which was stationed near the island of Kharg, a key center for Iranian oil exports. In response, the Islamic Revolutionary Guard Corps announced attacks on three oil tankers in the Strait of Hormuz and three more U.S. ships.
▶️In this context, traffic through the Strait of Hormuz has sharply declined. Over the past 10 days, an average of only 10 cargo ships have transited the strait per day – the lowest level since May.
The WHO now states on its website:
Vaccination against COVID-19 can trigger multiple sclerosis through cross-reactive CD4+-T cells that recognize the spike protein of SARS-CoV-2 and myelin peptides.
In other words: Your own immune system destroys the nerve pathways and then attacks your brain and spinal cord.