Clean Green Power Sucks – China Goes All Out For Coal

The lying leftie paskudnyaks clean, green, save the planet machine and the worshippers of Greta Thunberg are always eager to tell us that China is the world’s biggest investor in sustainable energy and has more wind turnbines installed than any other nation on earth. It is the worst kind of lie because it is true, but only tells half the story. And someytimes being told half the story creates completely the wrong impression in the mind of the audience.

In this case the weirdie bearies and tree shaggers are giving the impression that by trashing our economies in the west, trying to meet unrealistic targets for eliminating carbon emissions we are being good global citizens, while by pointing out the stupidity of such ambitions shows we are evil capitalist sociopaths intent on destroying the planet.

So what is the full story?

While it is true that China has installed huge numbers of wind turbines, this is nothing to do with cleaning up the environment. China is installing wind turbines because then need electricity, end of story. At the same time China is planning to massively increase its coal-fired energy production. This makes a nonsense of claims by gullible Western politicians and dishonest environmental activists that China is as keen as anyone to do its bit to ‘combat climate change.’ by reducing CO2 emissions.

A report from Bloomberg reveals that China now has enough coal-fired generating plants in the various stages of planning and construction to match the entire capacity of the European Union, and that’s on top the ones they already have up and running. So much for doing their but to clean up the environment and show support for the movement against highly polluting fossil fuel.’

Bloomberg tells us:

“The nation has almost 148 gigawatts of coal-fired capacity under active construction or likely to be resumed after being suspended, Global Energy Monitor, a non-profit group that tracks coal stations, said in the press release Thursday based on plant-by-plant data. That’s almost equivalent to 150 gigawatts of existing coal fleet capacity in the EU and more than the combined 105 gigawatts under construction in the rest of the world, it said.”

China’s plans contrat with those of many other countries, including France’s goal of being a zero carbon economy by 2040 and the U.K.’s pledge to close all coal plants by 2025, (both of which cannot be achieved without irreversible damage to the economies of those countries. Beijing remains committed to coal as its biggest and cheapest source of electrical power, and also to sidelining the developed economies and achieving global economic hegemony. In effect The People’s Republic has thrown down a major challenge to global emissions reduction targets. Its additions in the 18 months to June dwarf declines elsewhere in the world, according to the report. Meanwhile western leaders are intent on taking orders from the Sewedish baby troll and destroying civilisation, all are so firmly committed to helping China’s world domination bid carbon free economies with the exception of Donald Trump who doesn’t seem to be committed to anything except making The Democrats look stupid.

None of this is news to climate realists, I have been warning for ten years that China was rapidly expanding coal fuelled energy generation while western leaders were talking about returning to medieval technologies like windmills. One of the main arguments put by climate change sceptics against concerted government action by the West to decarbonise its economies is that it takes no account of emerging economies like Nigeria’s, Pakistan’s Indonesia’s, India’s and, especially, China’s. Any attempts to cut carbon dioxide production in Western economies are more than offset by the growth in China’s CO2 output alone. And China’s is matched by the others mentioned.

This latest development was predicted in a report published last year by the Global Warming Policy Foundation.

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While Eco Loons Worship Fairies, Reality Exposes Real Cause Of Amazonian Fires/

While Pippi Longstocking lokalike and eco – activist wunderkind Greta Thurnberg is schlepping her climate change schtick round New York, preaching her net zero carbon emissions gospel after crossing the Atlantic in a ‘zero emissions’ superyacht made of carbon fibre, a material which in its manufacture produces shitloads more carbon emissions than my or your car or even my brother’s V8 Range Rover will in their entire useful lives,) back home the Extinction Rebellion wankers have been getting their knickers in a twist about some fires (allegedly wildfires until it was reported they are started deliberately and are not destroying the rainforest, but areas of former forest now cleared for cultivation.

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War and Politics Behind Mass Displacement in Africa, Not Climate Change – UCL

A report from a new study conducted by University College London’s may cause a stir in the climate scaremongering industry. The report challenges the academic establishment’s standard narrative of mass displacement in Africa being principally responsible for the creation of refugees in Africa and casts doubt on a number of other assumptions about global problems.

Trump Announces US To Quit The Paris Climate Accord

Fulfilling another campaign pledge, US President Donald Trump yesterday announced the U.S. would withdraw from the Paris climate pact and that he will work to renegotiate the international agreement in a way that treats American workers better. “So we are getting out, but we will start to negotiate and we will see if we can …

German Scientist Confims Climate Change Ia A Politically Motivated Scam

Even as the inbred idiot Prince Charles was babbling to a hand picked audience about the skid marks in his underpants being caused by Climate Change, a somewhat more scientifically literate person, Dr. Friedrich Karl Ewert, a retired geologist and data computation expert, has confirmed what those of us dubbed ‘climate deniers’ have been telling you for years …

German Scientist Confims Climate Change Ia A Politically Motivated Scam

Even as the inbred idiot Prince Charles was babbling to a hand picked audience about the skid marks in his underpants being caused by Climate Change, a somewhat more scientifically literate person, Dr. Friedrich Karl Ewert, a retired geologist and data computation expert, has confirmed what those of us dubbed ‘climate deniers’ have been telling …

Big Business Joins Climate Change Scaremongers

The Paris summit on climate change approasches, which means the tree hugging fascist tendency are turning up the volume to eleven again. Trouble is they cannot produce a shed of evidence to back up their wild claims of imminent catastrophe because global warming only exists in their mathematical models, in the real world it is not happening/

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Nobel laureate Ivar Giaever’s speech at the Nobel Laureates meeting 1st July 2015. Ivar points out the mistakes which Obama makes in his speeches about global warming, and shares other not-well known facts about the state of the climate.

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Leavers Decry Boris’ Deal But RemainersAre Panicking

 

As Britain gears up for a General Election on December 12, accusations fly from both sides in the Brexit debate about Boris Johnson’s deal.

“It’s a betrayal, not really Brexit, it will leave us still subject to EU laws and trade regulations,” Leave supporters say.

“It will trash our economy, destroy the value of the pound, cause massive increases in unemployment and leave us politically isolated in a hostile world,” say the people who for three years have tried all sorts of stunts to thwart Brexit.

So where does that put the majority of us who voted Leave on the basis of a considered review of evidence rather than some ideological agenda?

No, you can’t always get what you want
aaaah
No, you can’t always get what you want
aaaah
But if you try sometime, you just might find
You get what you need

So sang the rolling stones more years ago than I care to remember. It was good advice that I, as a Leave voter who voted LEAVE (in capital letters), not leave with a dodgy deal, leave but stay in a customs union and subject to EU laws and certainly not “think about leaving and then decide to have another referendum,.” after my experience of working for the EU I wanted a clean break.

But I was under no illusions, you can’t always get what you want annd knowing the political and legal establishment, the media, much of the business community and academe were rabidly pro EU and all that it stands for it would have been unreasonable to expect we’d get clean away.
The EU did not want to let us go, our own political parties and opinion makers were hopelessly divided and gave no leadership, .and when the Conservative Party backroom deal makers shoehorned Theresa May into Downing Street I almost plunged into despair.

Boris’ deal is not great, there are some strings attached that may be hard to break, but unlike the Leavers who are claiming it is a betrayal or it is the same as May’s deal, I’m willing to give him a chance.He called the EU’s bluff and managed to convince them he was serious enough about No Deal to make them reopen May’s surrender treaty and not only secure some concessions but also open a few gates to amending the terms of our relationship with the EU later.

And we have dates at which various states of the transition will be completed.

So let’s not fool ourselves that a ‘no deal’ exit would have meant totally in the EU one.day, totally out the next, that was never going to happen just as when two commercial organisations merge they do not become a new organisation overnight.

I did not get what I wanted, but given that Boris and his team have rescued us from May’s awful deal, I’ll settle for what is on offer for the present and keep working to expose the EU for the Cultural Marxist project it is, hoping that in some small way I can influence our politicians to progressively increase the distance between London and Brussels and encourage voters in other EU states to step up the pushback agains the EU Commission’s imperal ambitions.

After all it might be what we need to strike a bow at the foundations of the European project to create a federal superstate from Europe;s sovereign nations.

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Disastrous Manufacturing Figure Herald German Economic Recession

Germany has long been the prop that held up the economically feeble EU, in which more than helf the 27 members that will remain in the bloc after Britain leaves are economic basket cases (some due only to the strictures of Eurozone membership, others because of the traditional weakness of their national economies,) so with Germany slipping towards the recession we and other well informed blogs and news site have predicted since Merkel’s ‘open doors’ immigration policy allowed a couple of million iliterate, uneducated, unskilled and unemployable immigrants to flood into the country, incresing the bill for welfare services exponentially, problems for Germany’s high – tech manufacturing led economy which needs highly skilled, well educated and adaptable workers and professionals was inevitable.

When we wrote about the early signs of recession in the German economy we were scoffed at, called far – right nut jobs and conspiracy theorists, and inevitably, racists because anyone but a racist would know that a couple of millon unemployable immigrants living on benefits can only boost a high – tech economy.

Today, for all the auusurances by Europhile politicians and bureaucrats that everything in the European Union is on the up and up, Germany is on red alert for recession following the biggest collapse in activity for its mighty industrial sector since the financial crisis. Technically Germany already is in recession, they’re just not willing to admit it.

The eurozone’s bigge,t and most powerful economy relies on exports but its car industry has been punished by a slowing global economy,   government policies promoting electric vehichles which nobody want to buy because they are hideously expensive and useless, and the fallout of the trade war between the US and China.

Financial information service IHS Markit’s latest snapshot of Germany’s manufacturing growth – where a score under 50 signals contraction – dipped to 41.4, its worst level since 2009, as demand from non – EU trading partners slumped. There were also worrying signs that the manufacturing slump is spreading to the service sector after firms in that sector experience their first fall in new business since 2014.

Confidence among German businesses is the weakest since 2012, private sector job creation is stalling after six years of growth and companies are eating into backlogs as new orders begin to dry up, the figures showed.

Germany’s economy shrank an overall 0.1pc between April and June. Monday’s dire survey data comes after recent official figures showed a sharp 0.6pc drop in industrial production in July.

Phil Smith, principal economist at IHS Markit, said Germany’s manufacturing data was “simply awful”, with combined readings for services and manufacturers “firmly in contraction territory” and the weakest for almost seven years.

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Cracks In EU Unity Facade Are Beginning To Show

Coincidental with the bizarre events in the UK’s Supreme Coirt, where judges tried to usurp the power of parliament to themselves in a globaloist bid to stop Brexit, the economic situation in Europe, which as we have reported many times is dire, has entered into a critical period.  With one of the two net contributors o the EU treasury about to leave,Germany, which for decades has propped up the bloc financially as more and more economic basket cases were absorbed into Brussels’ wannabe empire, has stumbled into if not actually a recession then something very like one

Year on Year (YoY) growth in the German economy, from July 2018, July 2019 is 0.4% – what you would expect in the middle of a depression, and significantly less than the official inflation rate (while the real rate of inflation is, predictably, higher still. UK growth figures are slightly better coming in at 1.2%. Poor old Italy recorded a GDP growth of -0.1% YoY, (that’s a minus sign by the way).

Italy has a Debt-to-GDP ratio of 132% and finally France with a growth rate of 1.4% and a debt-to-GDP of 97% is effectively broke. That’s the big four in the EU/Eurozone.

So, the biggest economies in EU/Eurozone have a growth rate ranging from -0.1% to 1.4%. Oh, and I almost forgot negative interest rates are now becoming the norm in The Eurozon and 85% of German Bunds are non-performing and/or at negative interest rates.

Inexplicably the ECB is getting geared up for another round of QE, which means that the euro is going to be devalued. Of course, the Americans aren’t going to be best pleased with this turn of events but doubling down on the policy that failed is par for the course with the EU. Only a few years ago they decided the way to resolve the problem of mass immigration was ………… more mass immigration, and are currently proposing more politicalintegration of member states to counter the resurgence in nationalism triggered by …………….. wait for it ………………. forcing political integration on member states.

By failing to support US trade tariffs on nations that have pissed off Washington, the EU has involved itself peripherally in the US tade war with the world. but this can onlu=y increase problems. Germany in its present economic travails, and lined up to take the biggest economic hit from Brexit, is not going to welcome any increased costs for its export industries.

Most importantly this includes the cost of the raw material essential to Germany’s manufacturing/export sector. Natural Gas and oil are piped to Germany from Russia and the construction the of Nordstream 2 pipeline, which the US wants to alt to put Putin in his place, is crucial to the German economy. America wants to force Germany to buy more expensive, less reliable, Liquified Natural Gas (LNG) by taking alternative suppliers out of the picture and is threatening to impose sanctions on any company and/or state to get their own way.

GERMANY’S ENTSCHEIDUNGSZEIT (DECISION TIME)

This is a clearly a case of “deja vu all over again” and a moment of truth for the Germans. Do they do what the Americans tell them, which would be economic suicide, or will they pursue their national interests and give Uncle Sam the finger. This was precisely the setting in 1985 though with Japan then the object of US financial and economic destabilisation.

The Plaza Accord was a joint-agreement, signed on 22 September 1985, at the Plaza Hotel in New York City, between France, West Germany, Japan, the United States, and the United Kingdom, to devalue the U.S. dollar in relation to the Japanese yen and German Mark. The resulting recessionary impact which pushed up the value of the Yen against the dollar in Japan’s export-dependent economy.

This created an incentive for the expansionary monetary policies that led to the Japanese investment bubble of the late 1980s. The Plaza Accord triggered the Japanese asset price bubble, which progressed into a protracted period of deflation and low growth in Japan known as the first Lost Decade. Has Germany, and by implication Europe learned the lesson one wonders?

Bearing this in mind it should also be noted that Germany is a big investor in Russia.

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Russia Warns Attack On Saudi Oil Plant Will Hit Fuel Prices

 saudi-oil-fire
World’s largest oil refinery ablaze after Houthi rebels drone strike (picture: Screen grab from Sky News video )

Following the drone attack by Yemeni rebels on a major Saudi Arabian oil processing plant, The Kremlin’s warned that the loss of production from the stricken plant will destabilise oil prices worldwide.  This follows statements by the European Union and the UK condemning the Houthi drone attacks on Saudi Arabia’s oil facilities carried out on Saturday (14 September, 2019).

While President Trump made belligerent noises, guaranteed to provoke the rebels Shia Muslim supporters in Iran , Russian President Vladimir Putin has simply asked to b kept up to date on developments in the wake of two drone attacks on the major Saudi energy facilities.  Russia believes such incidents will not contribute to the stabilisation of the global energy market, presidential spokesman Dmitry Peskov has said. It is safe to assume Russia’s leaders see the incident as an opportunity to benefit from higher crude oil prices.

“The drone attacks on Saudi Arabia’s oil infrastructure are an alarming event for the oil markets…Of course, such turbulence does not contribute to the stabilisation of the energy market,” Peskov said.

According to Peskov, the Saudi side has not appealed to Russia for assistance in the wake of the attacks, and probably has the necessary capacity to deal with the disruption on their own. “We don’t know whether they need help, but it’s unlikely. They have all the necessary capabilities themselves,” he said.

Peskov said the Kremlin “strongly condemned” Saturday’s incident, if it could be confirmed that the Saudi Aramco facilities were attacked by drones. (He would say that, wouldn’t he?)

EU, UK, France Condemn Attacks

Earlier on Sunday morning, the European Union’s foreign policy office issued a statement condemning the drone attacks, which, the statement read, posed a “real threat” of escalation of the Saudi – Yemeni conflict into full scale war between two regional powers, Saudi Arabia and Iran, and adding that “at a time when tensions in the region are running high, this attack undermines ongoing work at de-escalation and dialogue.” Brussels stands in solidarity with Saudi authorities and the Saudi people, the statement noted.

The UK Foreign Office also condemned the attack in diplomatic terms although certain people in The Treasury must have been rubbing their hands with glee as it becomes economically viable to reopen many North Sea rigs if Brent Crude goes above $80. China too would not be disappointed as Saudi Arabia is a long term ally of the USA, while the smaller oil producers most likely to benefit from the Saudi outage are more friendly to The People’s Republic in its bid to establish the petroyuan as a rival to the Petrodollar for cross border oil trades.

We have reported many times on the merciless bombing of the impoverished Shia Muslim state of Yemen. The conflict started when rebels tried to depose the Saudi – friendly regime and spawned a huge humanitarian crisis which was barely reported in mainstream media, as Saudi air strikes targeted roads, water supplies, sewage systems, hospitals and ports.

Predictably, news of the attack drove financial and commodity traders traders into a collective panic as global markets reopened after the weekend break, with with commodity traders desperately trying to calculate what the upper limit per barrel of oil prices would be (the previous record of $1.09 might hold when markets realise that while Saudi Arabia is still the world’s second biggest producer it is not as dominant as it once was, having been passed by the USA in 2018, and if the Kingdom and Iran decide to neutralise each other, Russia, Venezuela, Kazakhstan, the nations of the Caspian region, Nigeria , Mexico and a host od smaller oil producing nations will be happy to pump more once higher prices make production economically viable. When brent (the highest grade of crude,) reopened for trading in the aftermath of Saturday’s attack on the “world’s most important oil processing plant“, the price immediately exploded to around 20% higher than at close of business on Friday, to a high of $71.95 from the Friday $60.22 close, its biggest jump since 1988.

The hit to stability of supplies will exceed the loss of Iranian oil output in 1979 during the Islamic Revolution, according to data from the U.S. Department of Energy. It will also be worse than the loss of Iraqi and Kuwaiti production in 1990 when Saddam Hussein decided to annex Kuwait and add it to his empire and saw most of the oil infrastructure of both nations destroyed in the ensuing war.

News that the Saudi outage could last for months, rather that the weeks initially predicted suggest this could be just the start. Even if there are no more attacks on Saudi facilities or retaliation by the Saudis on Iran, the supply problem will not be be clear right away. The Saudis can still deliver from reserves for a few weeks but if the outage runs to months as industry sources are now predicting, we can expect crude prices to keep rising until there is relable evidence that output will be restored.

 

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Green Hysteria Is Destroying German Economy

Car making is Germany’s biggest earner (picture: Wikimedia commons)

This blog has reported many times that the mighty German economy is heading into trouble because it’s political elite, led by wannabe saint Angela Merkel is more concerned with climate change scaremongering and importing millions of illiterate, unemployable their world migrants in an orgy of virtue signalling.

The bigest single industrial sector in the German economy, automobile manufacturing, currently acts as the real engine driving the country’s economy, but as taxes rse to support a burgeoning welfare bill, and sales plummet due to the pomotion of expensive, inefficient and, it has to be said, incredibly dirty electric cars, it looks as if the situation may be in fora dramatic change for the worse according to new report from economists Matthias Weik and Marc Friedrich in a commentary at the online news portal of the (German Midsize Companies News – DMN).

This blog would not normally advise readers to take not of economists’ speculations but in this case their conclusions coincide with the opinions of a number of hard headed businessmen who see trouble ahead for the economic powerhouse that propos up the European Union.

Weik and Friedrich base their view of the economic direction of the German economy and how it is seriously threatened by the country’s obsession with climate considerations based on very dodgy science, and an irrational policy of opening the borders to all arrivals from third world nations, and how policymakers are neglecting key industries on evidence that Germany’s ruling elite are unduly influenced by certain left leaning academics whose thinking is heavily influenced by the so called Cultural Marxism of The Frankfurt Schoool of twentieth century econopmics.

Weik and Friedrich say German politicians have been naive and too easily influenced by noisy minorities and attention seeking scientists and  in their panic to save the planet from an alleged climate meltdown have, in the process of ruined the German economy.

“Everybody is talking about the climate, yet no one is talking about the economic climate,” Weik and Friedrich say. in common with many investment managers and industrialists, the two economists warn of a coming recession, one that will be “hard as nails” as the green activist and Social Justice Warrior onslaught on western, and particularly German industry intensifies.

According to the Weik and Friedrich, already “the seasonally adjusted and real order intake of German industry fell by 8.6 percent compared to the same month last year! For the tenth month in a row, it is going down!” So while the government and the Bundesbank juggle figures frantically, in fact Germany is already technically in recession. (The usual measure for growth / recession is GDP but when a government pumps €billions into the economy so it can hand out massive benefits to immigrants, which they spend in the economy, the resulting ‘growth’ is illusory.

“Companies such as Deutsche Bank, BASF, Bayer, Siemens, Thyssen, Ford have begun “massive job cuts or announced plans to do so in anticipation of the hard times ahead.”

The authors say that words, such as “unemployment” and “layoffs”, will soon be dominating the media and that “no one will talk about the shortage of skilled workers anymore, let alone climate change”.

The consequences of a major recession in manufacturing would send economic shock waves not through Germany but also throughout the European Union (EU) which massively relies on revenues generated by the German automotive industry, as has been well documented for years.

Weik and Friedrich write that Germany’s green and globalist policies have “negligently gambled away” prosperity and that the “coming climate change in the economy will nip all irrelevant sham debates in the bud.”

They add: “The heated discussions and hysteria are a sign of the famous late Roman decadence and a warning sign of the crash. For many who demonstrate today, there will be no jobs in Germany tomorrow.”

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While Eco Loons Worship Fairies, Reality Exposes Real Cause Of Amazonian Fires

/

While Pippi Longstocking lokalike and eco – activist wunderkind Greta Thurnberg is schlepping her climate change schtick round New York, preaching her net zero carbon emissions gospel after crossing the Atlantic in a ‘zero emissions’ superyacht made of carbon fibre, a material which in its manufacture produces shitloads more carbon emissions than my or your car or even my brother’s V8 Range Rover will in their entire useful lives,) back home the Extinction Rebellion wankers have been getting their knickers in a twist about some fires (allegedly wildfires until it was reported they are started deliberately and are not destroying the rainforest, but areas of former forest now cleared for cultivation.

The farmers, many of whom are engaged in the production of organic food for vegans in the west while others are growing seed crops for making ‘clean, green, biodiesel to power cars and industry, are carrying on the ancient practice of burning last year’s stubble to clear the ground of pests, fungi and other things not conducive to high yields, but the univerrsity brainwashed millennials of the ‘woke’ left, the Liberal virtue signallers and the pig-tailed Thunberg alomg with her vast horde of worshippers are unaware of this and seemingly don’t want to know. How is it possible that about half the Western white population have the intellectual capacity of lobotomized lobsters?

Listen to their current endless whining about the forest fires in Brazil and the Left’s shameless lies about drought and rising temperatures and you might end up beliebing that climate change has caused them.

However the cause of these fires is most cetrainly not climate change, though it is the work of humans as described above. The fires are being set by Brazilians and are an annual occurrence. The reason there’s been such an upturn in the amount of fires is because the demand from consumers on the virtue signalling west for organic food keeeps rising. Similar deforestation is occurring in Africa, Indonesia, the Malay Peninsula, Thailand Myanmar and India.

In 2017 Brazil exported US$872 million worth of organic food to the West.

The problem for Brazilian farmers is that in growing organic food they are unable to use a wide range of pesticides and other safe products that keep diseases and pests at bay. This leads to them being unable to grow enough produce on their plots of land to make an acceptable living. For example, on a hundred acres of land with the use of pesticides a farmer can produce X tonnage of produce. But on the same hundred acres of land with organic farming—minus the use of pesticides—the amount of crops produced fall dramatically.

This means that the farmer who has switched from regular farming to organic farming needs to put more land to the plough to make ends meet, and he has to switch because the Big Food cartel buyers in the West won’t buy his product unless it’s organic and fair trade and all that leftie bullshit that makes lefties feel good about themselves but does not benefit the small farmers of the world one iota. In Brazil the only way the farmers can increase the land they can cultivate, unless they are lucky enough to own tranches of virging rainforest which they can clear legally by bribing a local official, or by more intensive cultivation which means getting rid of crop destroying fungi, the egg staches of leaf eating insects and the nests of small furry animals without using fungicides, herbicides or poisons which would cost them their organic producer status.

It must also be said that a lot of the current fires in Brazil also result from the demand in the West for bio-fuel (sic). Across the 3rd World governments and corporate food producers are clearing forests and woodland in order to meet demand for this most wasteful of fuels.

It’s just another instance where the Western Liberal idiots believe they are improving the climate and environment and the lot of the third world’s poor but in actual fact are doing enormous damage to them both and helping globalist governments and global corporations increase their power and the level of control they exercise over peoople’s lives, while indulging in orgies of virtue signalling. Stupid is as stupid does.

The intellectual idiots in the West, the opinion makers who have led the outraged screeching about the fires across Brazil are actually responsible for most of them being started in the first place. Scientific and economic theories about food prouction and distribution have favoured corporate business over independent farmers and family run small and middle sized enerprises in the food processing and distribution industry.

Would the Liberal halfwits in the West face up to this and admit they, with their whack Cultural Marxist ideas, are responsible for crerating much of the mess the world is in. To put it bluntly, there’s not a fucking chance of these paskudniaks ever taking responsibility for anything.

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