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Day: November 17, 2014

U.S.-China deal? ‘A lame duck President, who just suffered a major defeat in the midterm elections has managed the ‘feat’ of getting the Chinese to shake his hand and solemnly promise to keep doing what they are doing for another 16 years’

Gullible leaders, journalists, swallow advertising and cheer it on?

http://joannenova.com.au/2014/11/gullible-leaders-journalists-swallow-advertising-and-brag-about-it/

Let’s all jump on the ghost of a bandwagon! The front page of The West Australian declared “Barnett backs Obama’s climate plans” The dead-horse is getting flayed a bit longer and the spectators are cheering louder than when it had legs. A foreign, lame duck President, who just suffered a major defeat in the midterm elections has managed the “feat” of getting the Chinese to shake his hand and solemnly promise to keep doing what they are doing for another 16 years. (After that, they agree to change what was probably changing anyway.) Those who spent millions on climate-scare in the US election are licking their wounds. Gallup polls show the public just don’t care — ranking it 13th out of 13. Despite those hard numbers, those who forecast the horoscopes on herd movements are getting very excited. Andrew Probyn, political editor of The West, exclaimed “The politics of climate change are again in the ascendancy”. It’s political astrology. As I keep saying, the media IS the problem. With journalists like that, we get politicians like this. Colin Barnett, conservative leader of my home state, is mimicking the David-Cameron style unconservative, big spending, non-leader and dutifully joining the chorus. In […]Rating: 10.0/10 (2 votes cast)

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Green disinformation on fossil-fuel ‘subsidies’: Report ‘described as ‘subsidies’ normal deductions of expenses and capital costs from revenues for calculation of taxable income’

Green disinformation: worse than we thought

http://www.bishop-hill.net/blog/2014/11/17/green-disinformation-worse-than-we-thought.html

The other day, I mentioned a report by a pair of NGOs on the subject of fossil fuel subsidies, noting that the usual suspects in the mainstream media had failed to mention that in the UK oil companies are subject to a supertax on top of the Corporation Tax to which all companies in the country are subject. It now seems that the report was even more misleading than we thought. The report by Oil Change International is a complete distortion of facts. The authors have described as “subsidies” normal deductions of expenses and capital costs from revenues for calculation of taxable income. These are procedures which are followed in all fiscal systems in all countries for all forms of business and investment endeavors. Under normal definitions of “subsidy” the United States has no subsidies for the oil and gas industry which is why Obama has taken no steps to reduce them. I wonder if Roger Harrabin is going to investigate?

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New term: ‘Grubering’ and how it applies to Climate Alarmism

New term: ‘Grubering’ and how it applies to Climate Alarmism

http://wattsupwiththat.com/2014/11/16/new-term-grubering-and-how-it-applies-to-climate-alarmism

WUWT reader M. Paul writes: Sometimes a new word emerges that neatly encapsulates a set of complex ideas. We have recently seen such a word enter the lexicon: Grubering. For those of you who missed it, an MIT Professor named Jonathan Gruber has been caught on video describing all the various ways that he helped […]

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