There is No Food Crisis – If Only We Stopped Burning it as ‘Green’ Biofuel
BY DAVID CRAIG | THE DAILY SCEPTIC | AUGUST 8, 2022
We’ve all been bombarded daily with horror stories about how food prices are being forced up and hundreds of millions of the world’s poorest risk starvation because the Russian invasion of Ukraine has prevented exports of grain and sunflower oil.
Well, let me give you some figures our politicians and the mainstream media don’t want to mention. They don’t mention these figures because these figures undermine the disastrous global-warming, climate-catastrophist, Net-Zero policies being forced on us by our rulers.
The U.S. produces abut 384 million metric tonnes of corn each year and around 50 million tonnes of wheat. Ukraine produces about 38 million tonnes of corn each year and around 33 million tonnes of wheat. Around 20 million tonnes of Ukraine’s wheat is exported each year.
Conclusion 1: The U.S. produces an awful lot more food than Ukraine.
But let’s look at how all the USA’s corn and wheat is actually used. Over a third of the USA’s corn – that’s more than 128 million tonnes of the USA’s corn production – is used to make biofuels rather than being used for human consumption.
It’s more difficult to find out how much of the U.S.’s 38 million tonnes of wheat is used for biofuels, but it may be as much as a quarter. However, we do know that in the European Union, 12 million tonnes of grain, including wheat and maize, is turned into ethanol – around 7% of the bloc’s production. It’s estimated that this is enough food to feed around 150 million people if it wasn’t being used for transport fuel.
Also just in the EU, 3.5 million tonnes of palm oil is used to make biodiesel. That’s almost the amount of sunflower oil coming out of Ukraine and Russia combined.
Conclusion 2: We’re burning food rather than using it to feed people.
You may have noticed that last year the petrol you buy changed from something called ‘E5’ to ‘E10’. E5 petrol is petrol containing 5% biofuel and E10 is, of course, petrol containing 10% biofuel.
According to calculations done by scientists at Princeton University, if the U.S. and Europe were to decrease their use of ethanol made from grain by 50% – that would mean just moving back from E10 petrol to E5 petrol – they would effectively have sufficient extra crops to replace all of Ukraine’s exports of grain.
If our rulers were to completely scrap the biofuel mandates they have imposed on us, the world would be awash with food and food prices would fall significantly. Then the only reason for hungry people would be distribution problems caused by mismanagement, corruption and conflict.
When the EU first mandated that 2.5% of all fuel sold in the EU should be made from biofuels, worldwide food prices shot up – wheat, for example, doubled in price – and the UN’s Rapporteur for Food said: “It is a crime against humanity to convert agricultural productive soil into soil which produces food stuff that will be burned into biofuel.”
He further argued that biofuels would only lead to further hunger in a world where an estimated 854 million people – one out of six in 2007 – already suffered from the scourge; 100,000 people died from hunger or its immediate consequences every day; and every five seconds, a child died from hunger
We’re now at 10% biofuels and, if I have understood correctly, following new climate change legislation passed in the U.S. last week, the biofuel content of petrol may be increased even further. This will mean diverting more potential food to fuel production at a time of world food shortages and rocketing food prices.
This is madness. But it get worse. Biofuels are less efficient than fossil fuels – you get fewer miles or kilometres per litre or gallon and they damage car engines more than fossil fuels. Moreover, the huge amounts of energy required to produce biofuels mean that they are probably more environmentally-damaging than fossil fuels.
Scrapping the biofuels mandates in the U.S. and EU isn’t something that would take years or months to implement. It could be done this week and the results – more food availability and falling food prices – would happen immediately.
So, why won’t our rulers do this? Moreover, why do they seem to be moving in the opposite direction – by pushing ever more food into fuel production?
It could just be utter incompetence. Or it could be fear of a storm of criticism by the ever more vociferous climate-catastrophist lobby. It could be that they are trapped by their own save-the-planet virtue-signalling. Or it could be the classic reaction of politicians and bureaucracies – the more evidence emerges that their policies are misguided, the more they double down on those policies as they can never admit that they got it wrong.
However, for the conspiracy theorists, there’s a fifth possibility – that our rulers are acting together to deliberately restrict food production, push up food prices and impoverish us all as a means of increasing their control over us.
You can choose which of the five possibilities – incompetence, fear of the climate catastrophists, feeling trapped by their own subservience to the climate-catastrophist cult, doubling down on misguided policies or conspiracy against us – you believe is the most credible explanation of the current food crisis.
David Craig is the author of There is No Climate Crisis, available as an e-book or paperback from Amazon.
EU Robbing Global South of Cheap Gas in Quest to Replace Lost Russian Supplies
Samizdat – 08.08.2022
The European Union is in the throes of an unprecedented energy crisis after taking steps to reduce dependence on Russian oil, natural gas, and coal to “punish” Moscow for its military operation in Ukraine. Skyrocketing energy prices and falling availability have sparked growing concerns about bloc countries’ fate come winter.
European countries are resolving the energy shortfall at home by outbidding developing nations for gas contracts, “increasing the misery of millions of people,” and threatening to plunge entire countries into chaos, Handelsblatt reports.
“While Europe fears supply shortages in winter, the energy crisis has already hit other parts of the world with full force. In Bangladesh’s capital Dhaka, power supply is not guaranteed even in hospitals. Young mothers report on how they torment themselves with their newborns during hot summer nights because even fans cannot be switched on,” Handelsblatt contributor Mathias Peer wrote.
A similar situation is seen in Pakistan, which has experienced “one power blackout after another,” and “also as a consequence of Europe’s failed energy policy,” Peer indicated.
The observer explained that the EU’s headlong rush to reduce dependence on Russian gas has triggered “massive turbulence on global energy markets,” with fleets of liquefied natural gas (LNG) tankers which ordinarily carry cargoes to Asia diverted to Europe instead.
“In the bidding competition for deliveries, states like Bangladesh, whose per capita income is 95 percent below that of Germany, have what has become a hopeless mission,” losing out on contracts, resulting in the paralysis of gas-fueled power plants “and massive problems for hundreds of millions of people in the affected countries,” Peer noted.
The Handelsblatt contributor suggested that it was “all too understandable” for the EU to try to reduce its dependence on Russian energy in the wake of the Ukraine crisis, and suggested that Europe is not to blame for the energy crisis.
“But Europe’s attempt to find alternatives must not be at the expense of uninvolved third countries. It is the EU’s responsibility to ensure that by solving its supply shortages, not further aggravate the crisis in other countries. Reducing consumption must therefore take priority over diverting resources from other parts of the world, and in this regard the European gas contingency plan is far from being ambitious enough,” the observer suggested.
Peer emphasized that a more “considerate approach” is needed to stop Brussels from continuing to “play into [Vladimir] Putin’s hands.”
“His propaganda – which states that it is not Russia but the West and its sanctions that are responsible for the current crisis – is already affecting many more people in emerging countries than Europe would like,” the columnist concluded.
The crisis in Ukraine as well as US and EU moves to curb Russian energy and food exports to the West and other countries have served to exacerbate the inflation, energy price crunch, and global hunger crises which have accumulated over the past two years after the breakdown of the world economy thanks to COVID. President Vladimir Putin has characterized Brussels’ push to wean itself off Russian energy as “suicidal,” and warned that higher energy costs would collapse the bloc’s economic competitiveness.
The energy crisis has prompted European countries to begin a search for new sources of energy in Africa, including Algeria, Nigeria, and Tanzania. However, even before the escalation of the Ukraine crisis, some African leaders have resisted the new European energy “scramble for Africa,” with Algeria shutting off the taps to Spain over Madrid’s support for Morocco in the dispute over Western Sahara, and Nigerian Environment Minister Mohammad Mahmood Abubakar accusing developed nations of spending years starving Africa’s natural gas projects of funds on the grounds that they contribute to climate change.
The BBC’s “Big Oil vs The World” documentary failed to provide any evidence to support its alarmist claims
The Daily Sceptic | August 7, 2022
The BBC recently broadcast a three part series entitled “Big Oil vs The World“.
The theme of the three hour documentary was that the oil and gas industry discovered over forty years ago that their product produced large amounts of carbon dioxide and methane and that the increase in these greenhouse gases would lead to climate change.
The documentary alleges that the oil and gas industry deliberately disseminated misinformation in order to prevent or slow down any legislation that would hurt its profit margins.
Many interviews are shown of former employees of the oil and gas industry that have had damascene conversions and now see that they were part of a huge crime against humanity or at least humanity yet to come.
I watched all three hours of this documentary on BBC iPlayer. It was very well done with many clips of hurricane damage, floods, wildfires and industry pumping out pollution.
The music reinforced the sense of doom and horror that these oil and gas company executives put profit ahead of saving the planet.
The trouble is that even though so many people consider the subject of climate change ‘settled science’ not one shred of evidence was put forward in the whole three hours.
One of the climate change experts was asked what his reaction to his predictions coming true was. He said he was angry, yet his predictions were not offered and subsequently it was not demonstrated how they were true.
Graphs and documents with certain phrases highlighted were flashed up but there was no time to evaluate them.
A ‘methane hunter’ declared that she had provided overwhelming evidence to the U.S. regulators but to no avail. During this segment images from thermal cameras were shown which looked very scary but there was no explanation as to what to look for to determine that methane was present.
The Attorney General of Massachusetts was interviewed and it was detailed how Exxon Mobile was going to have to answer in court to the allegations. It was detailed exactly what they were going to accuse the company of and footage of the team discussing the wrongdoings was shown.
That segment finished with the fact that the New York State Attorney General had tried the same thing but Exxon Mobil had won that case. Nothing further was said, no reference to the court documents, nothing to suggest that the company had pulled the wool over the court’s eyes. Nothing.
I would imagine that if I had bothered to complain to the BBC I would receive a response along the lines of them not having to provide evidence because the science is settled, but you have to ask the question, why?
If there is so much evidence and they know that the oil and gas giants have had evidence for four decades, why, in a three hour documentary, can they not produce one single piece of evidence?
How many more decades will we have to live with this constant barrage of doom-mongering before they finally see that the climate changes and there isn’t much we can do about it but continue to adapt and mitigate as we have been?
Protests Erupt in Bangladesh as Government Raises Fuel Prices While Seeking IMF Loans
Samizdat – 07.08.2022
Bangladesh has approached the International Monetary Fund (IMF) for a multibillion-dollar loan, making it the third South Asian country – after Sri Lanka and Pakistan – to have sought financial help from the multi-lateral lender in the past two months.
Sporadic protests erupted in several of Bangladesh’s cities on Saturday in response to a significant rise in oil and gas prices. After the price rise, public transport fares also rocketed up to 35 percent. Several organizations related to transportation have suspended their operations for 24 hours and declared their sales would resume on Monday.
The Bangladesh Tank-Lorry Owners’ Association and the Petrol Pump Owners’ Association staged a 24-hr strike on Sunday. They stopped collecting fuel from the Padma, Meghna, and Jamuna depots – major oil repositories for the country in the Khulna division.
“The strike started at 8am and will continue until 8am on Monday,” Md Farhad Hossain, an official of Bangladesh Tank-Lorry Owners’
The association has been demanding 7.5 percent commission on the present fuel price.
The Sheikh Hasina government on Friday raised the diesel price by 34 Taka ($0.36) to 114 Taka ($1.20) per liter, and the octane price by 46 Taka (0.49 USD) to 135 Taka ($1.42) per liter.
Protesters alleged that instead of lowering fuel prices as the rest of the world was, the government had raised costs to “appease the IMF”, which “is unacceptable and anti-people.”
“We urge the government to return fuel prices to their previous rates immediately,” said Bangladesh Jatri Kalyan Samity, a group working for the welfare of commuters, in a statement.
Bangladesh is reportedly seeking $4.5Bln in loans from the IMF as the country’s forex reserves plummeted below $40Bln.
On 3 August, the US-led lender said it would work with Dhaka to design an IMF-supported reform program that would be required for the loan.
“As part of the policy response, Bangladesh’s request for a Resilience and Sustainability Trust and an accompanying IMF-supported program will provide safeguards in the event of further deterioration of external conditions,” the Fund added.
Bangladesh reported a fall in export earnings because of dwindling consumer demand in the west. European Union registered a 3 percent fall in consumer demand this week.
Bangladesh’s appeal to the IMF comes as Sri Lanka and Pakistan have also been negotiating financial aid. The economic slowdown and inflation has also hit these south Asian economies.
Why the Gulf states’ SCO membership is a big deal
BY M. K. BHADRAKUMAR | INDIAN PUNCHLINE | AUGUST 7, 2022
Washington has backtracked from the dissimulation by US National Security Advisor Jake Sullivan that Washington had intelligence suggesting Iran was preparing to provide Russia with “several hundred” drones to use in Ukraine, with training sessions set to begin in July.
On July 26, NSC spokesman John Kirby, clarified his boss’ remark by admitting to Al Arabiya, “We’ve seen no indications of any sort of actual delivery and/or purchase of Iranian drones by the Russian Ministry of Defence.”
Interestingly, Al Arabiya buttonholed Kirby at all. For, Sullivan’s fake news (probably based on Israeli disinformation) came at his special briefing on President Biden’s visit to Jeddah. Al Arabiya’s dogged downstream pursuit of the “fake news” suggests that Riyadh knew Sullivan making a crude attempt to to hustle the Crown Prince Mohammad bin Salman in directions that would have made Biden’s trip a roaring success.
Biden had three overlapping objectives: one, to rally Saudi leadership behind his containment strategy against Russia and China; two, to break up the OPEC+ alliance between Saudi Arabia and Russia so that a coordinated counterpoint ceases to be in the world oil market that is beyond American control; and, three, to assemble an anti-Iran military military alliance of Gulf states and Israel to give verve to Abraham Accords which has patently lost its fizz.
Biden drew blank on all three counts: Saudis will pursue their friendly relations with Russia and China and its normalisation with Tehran. Prince Mohammed spoke with President Putin within the week of Biden’s visit where they discussed further expansion of trade and economic cooperation and significantly, also underscored “the importance of further coordination within OPEC+”.
Traditionally, Saudi actions speak far better than words. So, when the OPEC+ held a virtual meeting last Wednesday, it concluded that:
- There is “severely limited availability of excess capacity” among oil producing countries resulting from “chronic underinvestment in the oil sector”;
- It is a matter of “particular concern… (that) insufficient investment into the upstream sector will impact the availability of adequate supply in a timely manner to meet growing demand beyond 2023.”
- The importance of maintaining consensus and the “cohesion” of OPEC and OPEC+ (that is, OPEC plus Russia principally) cannot be overstated.
Plainly put, it rejects the July 3 G7 Foreign Ministers’ Statement on Energy Security, which envisages imposing comprehensive embargo on all services for “transportation of Russian seaborne crude oil and petroleum products globally” unless Moscow sells oil at a price to be agreed in consultation with the West.
Simply, the West is once again contemplating a crackdown on a major oil producing country for geopolitical reasons, which would have profound impact on the world oil market. The paradox here is that, unlike in the case of Iran or Venezuela, the West desperately needs Russian oil’s continued flow into the world oil market but is capping the price at which Moscow can sell so that its income from oil exports cannot sustain the special military operations in Ukraine.
Indeed, the West is acting in the spirit of George Kennan’s famous dictum in the early 1950s that oil “belongs to us” because it lubricated the West’s prosperity. The G7 statement is no doubt precedent-setting. As the pressure on world’s resources becomes more acute, this predatory approach harkens back to the colonial era (when India was frog-marched by Imperial Britain to supply cotton to the textile mills in Britain and buy back textiles at prices determined by the colonial master.)
It can extend to resources other than oil as well. China, for example, produces roughly two-thirds of the world’s lithium-ion batteries, whereas, the US only produces 1% of global lithium supply and 7% of refined lithium chemicals — versus China’s 51% — and is about 70% dependent on imported lithium (which has such critical uses in industries ranging from mobile phones, laptops, digital cameras and electric vehicles to aircraft, high-speed trains and satellites.
To be sure, the G7 move to seize control of Russia’s oil exports rings alarm bells all across the oil-producing countries of the Gulf region. The geopolitical message is: ‘Fall in line, or else.’ Now, this comes at a time when the EU is desperately eyeing access to cheap and reliable supply of oil. (Japan just announced that its “sanctions from hell” against Russia will not apply to the Sakhalin 2 gas and oil project!)
Against such a tumultuous backdrop with the industrial powers inclining toward brandishing their latent colonial instincts of a bygone era, the Gulf states become highly vulnerable. The Gulf states already are shell-shocked about the banditry that the EU and US resorted to against Russia by confiscating its reserves in the Western banking system and appropriating the private assets of wealthy Russians.
There is also an added dimension. Tomorrow, what prevents the “Collective West” from resorting to such pressure tactics to enforce “regime change” in the Gulf region on the pretext of advancing democracy and human rights? After all, it is no secret that the former Crown Prince Muhammad bin Nayef was Washington’s preferred choice to succeed King Salman. Make no mistake, Biden’s fist bump with Prince Mohammed is not the last word on Saudi succession.
Indeed, Prince Mohammed’s suggestion (while Biden was still in Jeddah) that Saudi Arabia and Iran should now step up their contacts to the political level becomes highly significant. Even more so, Saudi Arabia’s interest in SCO membership (so soon after Iran’s admission to the grouping.)
Along with Saudi Arabia, a host of other West Asian countries have approached the SCO for membership. The Russian daily Izvestia reported on Thursday that the SCO plans to sign memoranda on granting dialogue partnership to Egypt, Syria, Qatar, Saudi Arabia and Bahrain at the forthcoming summit in Samarkand. Interestingly, Crown Prince Mohammed bin Salman has been invited to the event.
According to Izvestia, as an exception, the UAE has sought SCO membership on an expeditious basis, although the grouping’s established practice so far has been to start with a “dialogue partner”. Izvestia quoted a source close to the SCO organising committee that the SCO has had consultations internally and “the main understanding that dominates is that the SCO is interesting, the SCO attracts, and therefore the most important thing for us is not to wallow in bureaucracy, but to find solutions that will allow us to respond adequately… And react by adapting the rules to new conditions.”
Clearly, Biden’s offer of a military alliance not only had no takers in the Arab world but they seem petrified. If as the Bible says, there are three brands of deception — vanity, flattery, and blasphemy — and Satan uses all three, Biden’s offer contains elements of all three. And if the SCO offers an antidote to the poisoned chalice, why not?
Bank executive pushes personal carbon wallets that allocate “emission rights” to citizens
By Tom Parker | Reclaim The Net | August 5, 2022
A senior executive at the multinational banking and financial services company Rabobank has called for personalized carbon wallets that give individual citizens “emission rights” and allow wealthier citizens to buy emission rights from those who can’t afford to fly.
Barbara Baarsma, who is the CEO of Rabo Carbon Bank, a division of Rabobank that allows its customers to buy and sell CO2 credits, announced her proposal for personalized carbon wallets during an appearance on the Dutch radio station BNR Newsradio.
“What if we now have all the remaining rights we still have when it comes to the emission of CO2 equivalents, greenhouse gases?” Baarsma said. “If we just let everyone start the Netherlands distributing emission rights and that every household or every citizen and amount get emission rights until we have money.”
Baarsma continued by proposing that these emission rights could be managed via a personalized “carbon wallet” and noted that wealthier citizens who want to fly can buy emissions rights from citizens that don’t have the money to fly.
She added that these personalized carbon wallets represented an opportunity for those who can’t afford to fly to get “a little more money” and outlined other ways wealthier people could continue living elaborate lifestyles by buying carbon credits from citizens with less money.
“He lives in smaller rented houses and I live in a large house so I need more emission rights to heat my house and so people with a narrow wallet can also earn something from greening my number,” Baarsma said.
After the interview, Rabobank came out in support of Baarsma’s statements about personalized carbon wallets.
“We support this as a thought experiment,” a Rabobank spokeswoman said. “It’s not reality.”
Baarsma’s comments come just a few months after another high-ranking executive, J. Michael Evans, the President of Chinese multinational Alibaba Group, announced that his company is working on tech that tracks a person’s individual “carbon footprint.” Evans discussed the project at the World Economic Forum (WEF) Annual Meeting and boasted that the tech would monitor people’s travel, eating habits, and other consumption. Like Baarsma’s personal carbon wallet proposal, this Alibaba Group carbon tracker will also tie back to carbon credits where people can earn money for making “low carbon choices.”
These carbon tracking proposals are one of many invasive surveillance proposals being pushed by powerful institutions. Data-grabbing biometric health monitoring systems are being built into cars, biometrics are being associated with phone numbers, and there are even proposals for turning people’s heartbeats into a digital ID.
Beijing Cancels Meeting Between Chinese, US Defense Officials
Samizdat – August 5, 2022
Beijing has cancelled a meeting between Chinese and US defense officials following US House Speaker Nancy Pelosi’s recent visit to Taiwan.
The Chinese Foreign Ministry announced that Beijing has decided to cancel bilateral working meetings between US and Chinese defense officials and halt cooperation between the two countries on maritime safety.
The Foreign Ministry also said that China temporarily suspends cooperation with the United States on issues such as repatriation of illegal migrants, judicial assistance, transnational crime, and climate change.
On August 2, US House Speaker Nancy Pelosi arrived in Taiwan on a trip she claimed shows the US’ unwavering commitment to the island, as Reuters put it.
Pelosi’s visit, however, was met with outrage from China, as Beijing regards the island as an inalienable part of the country.
On August 4, shortly after Pelosi’s departure from the island, China launched live fire drills in several areas around Taiwan.
The United States officially supports Mainland China’s claim to the island.
CONNECTING THE DOTS & AN IMPORTANT MESSAGE
Computing Forever | August 4, 2022
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Denmark’s Own Gas Production Won’t Be Relaunched Until Next Winter
By Igor Kuznetsov – Samizdat – 04.08.2022
The delay on the Tyra gas field, which before closure amid the so-called “Green switch” provided 90 percent of Denmark’s gas output, has appeared to cloud the Nordic country’s ambitions to help alleviate the current energy crisis.
Amid the dire situation on Europe’s energy market, record-high prices and uncertainty associated with future deliveries of Russian gas due to sanctions, Denmark has been pinning its hopes on the Tyra gas field in the North Sea to assure regular deliveries and relieve some of the economic pain.
However, TotalEnergies, which operates the Tyra field on behalf of the Danish Underground Consortium (DUC), said in a press release that the work on rebuilding the field will be delayed.
The delay means that gas from the Tyra field will only be delivered during the winter season 2023-24 at the earliest. So far, the expectation has been that the Tyra field could reopen in June next year.
COVID-19 has been blamed for the delay, as the pandemic made it more difficult to obtain manpower and materials for the shipyard in Batam in Indonesia, where the platform for the field is being built. Therefore, it won’t be completed in time.
“We take the current energy crisis in Denmark and Europe seriously. Therefore, we are mobilizing significant additional resources offshore so that we can whenever possible compensate for the delays that have occurred at the shipyard and get Tyra into operation”, Martin Rune Pedersen, director of TotalEnergies Denmark, told TV2.
Pedersen described the Tyra field as a “cornerstone of future Danish gas production”. Overall, oil and gas has been produced in the Danish part of the North Sea since 1972, creating workplaces both onshore and offshore. Before its closure in September 2019 for environmental reasons as part of the much-touted “Green switch”, the Tyra field accounted for 90 percent of the natural gas produced in Denmark.
When fully ready, Tyra II is expected to produce 2.8 billion cubic meters of gas per year.
Denmark’s total gas consumption in 2021 was 2.15 billion cubic meters, which corresponds to 0.4 percent of the EU’s total gas consumption.
Today, wholly 800,000 Danes in the country of 5.8 million live in homes powered by gas, which has cast doubt over the feasibility of the government’s plans to go fully green in a matter of years.
In June, the Danish Energy Agency issued an early warning due to uncertainty about the Nordic country’s gas supplies, calling on fellow Danes to save energy. In order to achieve energy self-sufficiency, Denmark plans a drastic expansion of wind and solar energy production. At the same time, it will also boost domestic production of gas, despite previous plans to halt it entirely.
Faced with the prospect of power outages and rationing in the coming winter, EU leaders have adopted a “voluntary” target to reduce gas usage by 15 percent through March 2023 in order to evade the looming crisis.
Shipping’s New ESG Rules Could Starve Millions
By Paul Homewood | Not A Lot Of People Know That | August 4, 2022
A shipping expert gives his views on the latest climate regulations for international shipping:
A new report found that more than 75% of ships will not meet the International Maritime Organization’s (IMO) new Environmental social and corporate governance (ESG) index aimed at decarbonizing the industry. This means that many ship owners will be forced to slow ships down to reduce emissions but doing so could deepen the global food and energy crisis by reducing available ship capacity.
“IMO decarbonization targets will cause ships to slow down delaying food shipments and people will starve,” a global security analyst told gCaptain. “How many people will die as a result of the IMO’s ESG efforts is unknown at this time. I don’t think most shipowners even understand the severity of the EEXI threat but it could be millions of lives.”
IMO EEXI ESG INDEX
“Prior to any efficiency modifications, more than 75% of the fleet — including bulkers, tankers, and containerships — will not be compliant with the Energy Efficiency Existing Index (EEXI) that will enter into force next year,” said cargo analyst Joey Daly, in the new VesselsValue report.
The challenge of decarbonization will extend to all areas of shipping, and EEXI alone will present a myriad of challenges to owners, operators and financiers. Simon Hodgkinson, who heads loss prevention at West P&I, has suggested that the new rule could be one of the most significant new shipping regulations in years. He believes it has the potential to shift the entire industry.
The International Maritime Organization’s Energy Efficiency Existing Index is a voluntary, incentive-based system that encourages ships to improve their energy efficiency. The Index uses a vessel’s speed, cargo-carrying capacity, and other factors to calculate a numerical score. The higher the score, the more energy efficient the vessel. More specifically EEXI (Energy Efficiency Existing Ships Index) is a measure of a ship’s CO2 emissions per transport work. It is similar to the Energy Efficiency Design Index (EEDI), which has been in force since 2013, but applies to existing ships rather than new ones.
The Index is designed to motivate shipowners and operators to invest in energy efficiency measures that will reduce fuel consumption and greenhouse gas emissions.
Ships have to attain EEXI approval once in a lifetime, by the first periodical survey in 2023 at the latest.
Slow Steaming
Ship owners can meet the target by building new eco-friendly ships, investing in new decarbonization technology, and upgrading existing ships to burn cleaner fuels like LNG, or by slow steaming.
Slow steaming is a technique used by shippers to reduce fuel consumption and emissions by slowing down vessels. The process involves sailing at a slower speed, typically around 50% of the vessel’s maximum speed. This can be done by reducing the revolutions per minute (RPM) of the propellers.
While older ships can be retrofitted with devices to lower emissions and meet EEXI requirements, analysts say the fix most ship owners will take is just to go slower, with a 10% drop in cruising speeds slashing fuel usage by almost 30%, according to marine sector lender Danish Ship Finance.
“They’re basically being told to either improve the ship or slow down,” said Jan Dieleman, president of Cargill Ocean Transportation, the freight division of commodities trading house Cargill, which leases more than 600 vessels to ferry mainly food and energy products around the world.
This strategy also reduces the amount of wear and tear on the vessel, which can help extend the life of the ship. But there is one ancillary effect: a potentially massive reduction in fleet capacity.
Full story here.
As I understand it, the new regulations are voluntary, so will likely be ignored by many countries. However, shipping lines ignoring the diktat may find themselves punished by banks and insurers, operating to strict ESG rules:
“As the IMO prepares to rate the energy efficiency of ships on a EEXI scale of A to E, shipping companies will come under increasing pressure to meet these targets not just from regulators but also from banks.
In 2019, a group of banks committed to efforts to cut carbon emissions when lending to shipping companies. This group of banks established the Poseidon Principles, a global framework that is consistent with IMO policies on environmental grounds. As of today, 28 banks have signed on to the Poseidon Principles.
The Poseidon Principles are fairly new but are already having a ripple effect on finance and insurance, as banks and other lenders begin to factor in a company’s carbon emissions when making lending decisions.
What this means for shipowners is that even if they find a way around the IMO’s ESG regulations, steaming at normal speeds could increase their carbon scores and have a negative effect on financing options and stock prices”
This demented obsession with decarbonisation brings a painful dilemma:
Slow steaming means in effect less global shipping capacity, leading to a potential bottleneck on supplies. As the article explains:
“Is a reduction of capacity really a troubling problem? Yes.
Nobody is calculating the price of a good ESG score in terms of human lives,” said one global security analyst who wished to stay anonymous. “The question is no longer if people will starve to death because of IMO decarbonization targets. The question is how many?”
The most troubling fact from our conversations with global security analysts was that millions could die before famine even sets in.“
And longer shipping times mean higher journey costs, despite the savings on fuel, adding to the cost of everything we import.
The alternative, of course, is to simply build more ships to bring shipping capacity back into equilibrium. The building of these ships will, of course, carry an enormous carbon footprint of its own, eliminating any potential savings from fuel efficiency for many years to come.
And China?
Any discussion about international shipping must take into account the role of China, who are believed to control the world’s second-largest shipping fleet by gross tons and constructed over a third of the world’s vessels in 2019.
Will they follow these rules?
One of the reasons for their global dominance of shipping lies in a complicated and opaque system of formal and informal state support that is unrivalled in size and scope, and which includes subsidised finance from state banks, who are unlikely to be concerned with ESG.
While China may pay lip service to these new regulations, given their total disregard for ESG in other industries, I would strongly suspect that they will just carry on building up their shipping industry, taking advantage of the West’s weakness.
And the West’s economic dependence on China will grow ever more dangerous.
Russia calls for reform of UN Security Council
Samizdat | August 3, 2022
The United Nations is in dire need of reform and the Security council must be “democratized” by expanding its representation, Russian foreign ministry official Alexey Drobinin has written in a keynote article published on Wednesday.
Drobinin, the Director of the Department of Foreign Policy Planning, commented on the current state of international relations and came to the conclusion that “more conscious effort and imagination is needed” to reform the UN.
He pointed out that the organization’s current agenda, which is primarily fueled by the West, is not necessarily in line with the interests of the majority of its international members.
Drobinin suggested that for most UN members the most important issues are things like access to cheap energy sources rather than the transition to “green” technologies, socio-economic development rather than human rights “in an ultra-liberal interpretation,” and security and sovereign equality rather than the artificial imposition of electoral democracy according to Western patterns.
He added that another topic that has once-again become relevant is the process of decolonization and ending the neo-colonial practices by transnational corporations in regards to the development of natural resources in developing countries.
However, international organizations such as the UN have essentially been “privatized” by the West, Drobinin points out. He suggests that the UN Secretariat and the offices of special envoys and special representatives of the Secretary General have all been saturated with the West’s own “tested” personnel, and that this also extended to non-UN organizations as well, such as the OPCW.
“The saddest thing is that this rust is eating away at the ‘holy of holies’ of the UN system – the Security Council,” Drobinin writes. “It devalues the meaning of the right of veto, which the founding fathers endowed to the permanent members of the Security Council with one single purpose: to prevent the interests of any of the great powers from being infringed, and thus save the world from a direct clash between them, which in the nuclear age is fraught with catastrophic consequences.”
While there are no “clear and simple recipes for correcting the situation here,” the diplomat continues, “clearly more conscious effort and imagination is needed when it comes to UN reform.” He goes on to suggest that the Security Council needs to be “democratized,” first of all by expanding the representation of African, Asian and Latin American countries.
Drobinin suggests that whatever the fate of international organizations such as the UN, WTO, IMF, World Bank or G20 is, the divisive policies of the West makes it “an absolute imperative for the coming years to form a new infrastructure of international relations.”
“After their frankly perfidious decisions and actions against Russia, its citizens and tangible assets, we simply cannot afford the luxury of not thinking about alternatives. Especially since many of our friends who have lost faith in Western benevolence and decency are thinking about the same thing,” the diplomat surmised.
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From the Archives
Trans ‘milk’ as good as the real thing – NHS
RT | February 18, 2024
The drug-induced nipple secretions of trans women are as good as mothers’ breast milk for babies, the University of Sussex Hospitals NHS Trust claimed in a letter to campaigners made public in a report by British think tank the Policy Exchange on Sunday.
The healthcare trust’s medical director, Rachel James, argued that the off-label prescription drug cocktail men transitioning to female take in order to produce milk was “similar to the natural hormones which encourage lactation to develop when the baby is newly born.”
“The evidence which is available demonstrates that the milk is comparable to that produced following the birth of a baby,” James wrote in the letter, sent to Children of Transitioners last August.
Biological men who wish to lactate must first take hormones to grow milk glands and then take high doses of either domperidone or metoclopramide to stimulate milk production. Neither drug is approved for this use, though they are occasionally prescribed off-label to biological women who have trouble lactating.
However, domperidone’s own manufacturer, Janssen, warns patients the drug “may cause unwanted side effects affecting the heart in a breastfed baby” and “should be used during breastfeeding only if your physician considers this clearly necessary.” … continue
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