George Soros gave Ivanka's husband's business a $250 million credit line in 2015 per WSJ. Soros is also an investor in Jared's business.

Wednesday, January 15, 2014

Bloomberg News either ignorant or in denial of US EPA finding that new Obama power plant rules will have no effect on CO2 emissions. Bloomberg News says new power plant rules 'may help reduce greenhouse gases' and 'will address climate change'

US EPA on Sept. 20,  2013 stated its planned power plant emissions rules will have no effect on CO2 emissions: The EPA does not anticipate that this proposed rule will result in notable CO2 emission changes,(p. 346, Fed. Register, posted below) 
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1/14/2014, "Biggest Emitter China Best on Climate, Figueres Says," Bloomberg News, Sangwon Yoon

"U.S. Climate" (subhead)

"President Barack Obama’s administration is expected to finalize this year new limits on power-plant emissions, a move that may help meet a pledge to reduce greenhouse gases 17 percent by 2020.

It’s unclear whether the power-plant rules and other efforts by Obama to address climate change will translate into a more ambitious pledge for the post-2020 period."...via Climate Depot 

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Note: The Bloomberg article states Christiana Figueres, executive secretary of the UN Framework Convention on Climate Change, was interviewed at Bloomberg News headquarters in New York. In 2010 Ms. Figueres described "climate" as "the greatest societal and economic transformation that the world has ever seen." 

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EPA  text 9/20/13 (pp 343, 346) says its rule limiting CO2 emissions in new power plants will have no effect on CO2 emissions:

Sept. 20, 2013, Environmental Protection Agency, “Standards of Performance for Greenhouse Gas Emissions from New Stationary Sources: Electric Utility Generating Units Proposed Rule.” Submitted “for publication in the Federal Register”


page 343, “X. “Impacts of the Proposed Action”
 
p. 346, E. “What are the economic and employment impacts?” The EPA does not anticipate that this proposed rule will result in notable CO2 emission changes, energy impacts, monetized benefits, costs, or economic impacts by 2022. The owners of newly built electric generating units will likely choose technologies that meet these standards even in the absence of this proposal due to existing economic conditions as normal business practice. Likewise, the EPA believes this rule will not have any impacts on the price of electricity, employment or labor markets, or the U.S. economy.

p. 346, F. What are the benefits of the proposed standards?  As previously stated, the EPA does not anticipate that the power industry will incur compliance costs as a result of this proposal and we do not anticipate any notable CO2 emission changes resulting from the rule. Therefore, there are no direct monetized climate benefits in terms of CO2 emission reductions associated with this rulemaking. However, by clarifying that in the future, new coal-fired power plants will be required to meet a particular performance standard, this rulemaking reduces uncertainty and may enhance the prospects for new coal-fired generation and the deployment of CCS, and thereby promote energy diversity.” (end page 346)

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Mike Bloomberg also has a global warming finance company, Bloomberg New Energy Finance. Billionaires don't like losing easy money.

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Mike Bloomberg's fleet of private planes belch mountains of CO2. Bloomberg would deny ordinary Americans the chance for anything remotely like the long and influential life he has enjoyed:

"The Bloomberg fleet has been the single largest user of scarce slots allocated to private aircraft at La Guardia airport."...

2/14/11, “Flight records uncover elusive Mayor’s tracks,” WSJ, Maremont, McGinty, Saul

“Clues to his travels can be found in flight records of Mr. Bloomberg’s fleet of private planes, operated by his private financial-information company, Bloomberg LP, and also used by the mayor.

The planes flew to Bermuda, where Mr. Bloomberg owns a home, 16 times last year and 54 times in all from 2007 through 2010, according to Federal Aviation Administration records reviewed by The Wall Street Journal. On 41 trips, the aircraft left New York and spent all or part of the weekend in Bermuda. One overnight trip there coincided with the December blizzard, according to flight records.

The records also show that the Bloomberg fleet has been the single largest user of scarce slots allocated to private aircraft at La Guardia airport. The flights continued apace even after the mayor two years ago called for curbs on small commercial planes at La Guardia and other area airports to reduce congestion.

The FAA records don’t show the names of passengers, so it can’t be determined if Mr. Bloomberg was on board any particular flight. The mayor’s public schedule shows he couldn’t have been on six of the 54 flights to Bermuda. The mayor’s aides declined to comment on the other Bermuda trips….

A billionaire, Mr. Bloomberg also owns vacation homes in London and Vail, Colo., and enjoys playing golf in various locales….An entity named Bloomberg Services LLC currently operates at least four aircraft, FAA records show, and it ended the lease on a fifth last June. The aircraft also are used by Bloomberg LP executives, and by the mayor’s relatives and guests. Aides have said the cost of Mr. Bloomberg’s travel aboard his company’s planes, even for city business, is borne by the mayor, not by taxpayers. Bloomberg LP declined comment. 

Given the size of the Bloomberg Services fleet, the mayor undoubtedly wasn’t on board the majority of its flights over the past four years. Frequent destinations included Boston, London, and Washington—all home to many Bloomberg LP clients—and spots such as Raleigh-Durham, N.C., that the mayor isn’t know to often visit….
 
Bloomberg Services planes flew to another resort, the Bahamas, 14 times from New York-area airports between 2007 and 2010. The weekend before the December blizzard, for instance, a Falcon 900 took off from La Guardia for the Bahamas at 5:21 pm on Friday, Dec. 17, FAA records show. It arrived back in New York at 8:20 pm that Sunday.

Twice last April, Bloomberg Services jets left La Guardia for the Bahamas on Thursday evenings and returned on Sunday evenings.

Another frequent destination was West Palm Beach, Fla. One of the mayor’s daughters has a house near Palm Beach where she rides horses. Mr. Bloomberg’s aides declined to comment on any of the flights between New York airports and the Bahamas or West Palm Beach….

In August 2008, Mayor Bloomberg decried “chronic flight delays” at New York area airports, and threw his support behind a Bush Administration slot-auction proposal. “The largest culprit of delays today is the over-scheduling of small airplanes by airlines,” he wrote to the U.S. Secretary of Transportation.

The auction proposal was never implemented, and a spokeswoman said the FAA no longer supports it. In August 2008, the FAA further reduced the number of takeoff or landing slots for general aviation at La Guardia, from six movements per hour to three.

The largest single user of these scarce slots has been Bloomberg Services, FAA data show. Bloomberg planes departed or landed 853 times between August 2008 and the end of 2010. That is 8% of all general aviation movements at La Guardia during that period, but a tiny portion of all flights at the airport, which averages close to 1,000 daily aircraft movements.

Mr. Loeser declined to comment on any conflict between Mr. Bloomberg’s public stance on airport congestion and the number of Bloomberg Services flights at La Guardia.


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For those unaware of the good news, US CO2 emissions have dropped steadily since at least 2006 and are going lower. This has been acknowledged in the NY Times. A recent AP report noted US CO2 has been declining for 20 years. Though stunning, this news has been reported quietly because it means the end of the global warming industry, the carbon trading industry, etc.

Other countries' CO2 hasn't dropped despite hundreds of billions spent on cap and trade and extra taxes. Even if CO2 does cause global warming and hurricanes as Mike Bloomberg maintains, it can't possibly be caused by the US. US CO2 is projected to continue to drop.

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6/4/12, "Climate change stunner: USA leads world in CO2 cuts since 2006," Vancouver Observer, Saxifrage

 


"Not only that, but as my top chart shows, US CO2 emissions are falling even faster than what President Obama pledged in the global Copenhagen Accord."...

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China dominates global CO2 2005 to 2011, energy related, US EIA (US Energy Dept.), WSJ, April 2013











4/18/13, "Rise in U.S. Gas Production Fuels Unexpected Plunge in Emissions," WSJ, Russell Gold

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6/10/13, China dominates 2012 CO2, Chart from IEA report. (Above chart is 2005-2011, this chart is 2012 only) :




 











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8/16/12, "AP IMPACT: CO2 emissions in US drop to 20-year low," AP, Kevin Begos

"In a surprising turnaround, the amount of carbon dioxide being released into the atmosphere in the U.S. has fallen dramatically to its lowest level in 20 years, and government officials say the biggest reason is that cheap and plentiful natural gas has led many power plant operators to switch from dirtier-burning coal."...

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1/16/11, "Recession Special: Cleaner Air," NY Times, Matthew Wald

"What the government has not mandated, the economy is doing on its own:  

emissions of global warming gases in the United States are down.

According to the Energy Department, carbon dioxide emissions peaked in this country in 2005 and will not reach that level again until the early 2020s."...

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NRDC notes US CO2 drop and the fact that there has been minimal press coverage of it:

6/26/12, "The Incredible Shrinking Carbon Pollution Forecast - Part 2," switchboard.nrdc.org, Dan Lashof

"While there has been some press coverage of these facts (see here and here) I continue to find that most people are surprised to learn about this progress."...


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If US temperatures go up for a day, a month or 6 months, US human-caused CO2 can't possibly be the reason:

 6/29/12, "US Carbon Output Forecasts Shrink Again," American Interest, Walter Russell Mead

 

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11/23/11, "Europe's $287 billion carbon 'waste': UBS report," The Australian, by Sid Maher

"SWISS banking giant UBS says the European Union's emissions trading scheme has cost the continent's consumers $287 billion for "almost zero impact" on cutting carbon emissions."...EU CO2 trading provided "windfall profits" to participants paid for by "electricity customers.""
  
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11/29/12, 134 scientists write to UN Sec. Gen. Ban Ki-Moon, asking him to desist from blaming climate disasters on global warming that hasn't happened:

"Global warming that has not occurred cannot have caused the extreme weather of the past few years."...“The NOAA “State of the Climate in 2008” report asserted that 15 years or more without any statistically-significant warming would indicate a discrepancy between observation and prediction. Sixteen years without warming have therefore now proven that the models are wrong by their creators’ own criterion.”…(2nd parag. fr. end of letter).  …"Policy actions that aim to reduce CO2 emissions are unlikely to influence future climate. Policies need to focus on preparation for, and adaptation to, all dangerous climatic events, however caused."...Special to Financial Post, 12/10/12  


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Bloomberg's solar powered 'CitiBikes' don't work much of the time because they rely on sunshine:

6/11/13, "CitiBike's rainy day blues: docs don't power up when it's cloudy," NY Post,D. Sauchelli, N. O'Neill

"Citi Bike’s solar-powered docking stations don’t always get enough electricity on cloudy days— a glitch that makes returning the bikes infuriating, riders say. Bike share users — who for weeks have had trouble locking bikes into docks — say the malfunction occurs most on overcast days, when stations are not fully charged.

It’s a joke — they’re solar-powered so they’re basically dead half the time.It’s worse when it’s cloudy or when the dock is under a tall building,” said Steve Cheney, who spent 15 minutes trying to return a bike to an out-of-commission station at Spring and Mercer streets today.


“The technology is just really bad — they’re new but they don’t have enough energy to last over night.”"...

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10/9/10, "Climate deal is closer, says UN envoy, despite China and US locking horns," UK Guardian, Jonathan Watts

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Another UN official described the climate issue as not about climate but about wealth transfer. 







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I'm the daughter of a World War II Air Force pilot and outdoorsman who settled in New Jersey.