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Top Three Videos – December 12, 2023

► Searching for the Best Gold IRA Company?
This is a MUST-Read...

Robert P. Murphy: Economics of the Paris Agreement on Climate Change

Mises Media...

Summary

 
 

The Paris Agreement on climate change may not be economically effective and may not lead to the desired outcomes, and there are challenges and criticisms surrounding the policies and reactions to climate change.

 

  • The Paris Agreement aims to limit global warming to well below two degrees Celsius, a benchmark set relative to the pre-industrial era, with an ideal goal of 1.5 degrees Celsius.
  • The alleged huge negative externality of unregulated economic processes causing the emission of greenhouse gases is the main problem addressed by the Paris Agreement on Climate Change.
  • The Paris Agreement is seen as the biggest negative externality in human history, pushing us beyond the optimal point and making things worse for humans.
  • Using an exclamation point in chess notation means “this looks like it’s a stupid move but really it’s a brilliant move.”
  • The Paris Agreement aims to force companies to save money by reducing their environmental impact, highlighting the tension between profit and planet.
  • The two-degree climate target is not being taken seriously by any country on Earth, according to climate change expert David Roberts.
  • The Paris Agreement’s cost-benefit analysis requires marginal analysis to determine the likely amount of global warming and the resulting damages, compared to the cost of limiting warming to 2°C.
  • Nordhaus recommends an optimal carbon tax that would result in a lot more than 2 degrees of warming, challenging the widely accepted climate change rhetoric.

Major 3 Player Uranium Merger [ATHA Energy]

The Deep Dive...

Summary

 

AA Energy’s merger with Latitude Uranium and 92 Energy, along with the rising uranium prices and Poland’s plans for new nuclear facilities, positions the company for success in the uranium sector with potential for discovery and production.

 

  • The company’s merger has led to a significant increase in their balance sheet, giving them over $60 million to explore and discover potential world-class uranium assets.
  • The announcement of 24 new nuclear reactors in Poland signals a step change in the understanding of the need and requirement for nuclear energy, setting up an incredibly exciting time in the uranium space.
  • Uranium prices have gone up substantially, reaching over $80 a pound, and there is a belief that it still needs to go higher due to supply demand fundamentals.
  • The potential for a flagship asset discovery with a large land package, cash, and experience.
  • The company offers unmatched exposure to uranium exploration upside across Canada, with a dominant land package in three dominant uranium jurisdictions.
  • ATHA Energy has the most dominant land position in the best uranium jurisdiction in the world, making it a major player in the industry.
  • Having the largest land position in the best uranium jurisdiction in the world increases the probability of success in exploration.
  • The macro environment in the uranium space is extremely exciting for AA Energy, setting the stage for potential success in the future.

“Don’t Look Up” Takes “Climate Anxiety” to a Whole New Level

Ayn Rand' Institute...

Summary

 

“Don’t Look Up” serves as a satirical allegory for climate change, highlighting the psychological toll it takes on young people and the need for accurate information and serious treatment of the science.

 

Cultural Commentary on Climate Change

 
  • “Don’t Look Up” is a perfect expression of the apocalyptic outlook on climate change, and it’s a sign of the state of our culture.
  • Environmentalism has been making apocalyptic pronouncements with no context and a divorce from reality, contributing to the trend of “climate anxiety.”
  • The extra heat trapped near the planet every day is equivalent to the heat from 400,000 bombs the size of the one dropped on Hiroshima, illustrating the terrifying impact of climate change.
  • The number of hiroshima bombs worth of energy the earth receives from sunlight every day is 476 million, putting the 400,000 from carbon dioxide emissions into perspective.
  • The conversation about climate and energy is completely distorted, dominated by distortions, half truths, and lies.
  • The movie is not just a movie review, but a cultural commentary on the climate issue, evaluating its core message as a work of cultural product.
  • The filmmakers intended “Don’t Look Up” as an allegory about climate change, but elements of the pandemic response also made their way into the film, making it more insightful and interesting.
  • The satire in “Don’t Look Up” highlights the lack of urgency and action from those in power when it comes to addressing imminent global threats like climate change.
  • The satire in the movie criticizes the media and others for not taking climate change seriously, but the reality is that it’s everywhere and unavoidable in today’s culture.
  • Greta Thunberg’s perspective on climate change is shaped by her wonder at why people aren’t talking about it more, despite the constant media coverage.
  • The movie highlights the distorted and dishonest nature of the conventional view on addressing the climate crisis.
  • The feeling of helplessness and anxiety is exacerbated when individuals feel that those in power are irresponsible and unconcerned with the truth or facts.
     

Impact of Climate Change on Mental Health

 
  • The impact of climate change on children’s mental health is a real and pressing issue that needs to be addressed.
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