The four largest CO2eq emitters are shown in the below table. The world CO2eq emissions, all sources, is based on 50 billion metric ton CO2eq in 2012. See URLs.




Share of 2012

As planned 2030

COP21 2030

CO2eq change


Billion Mt


Billion Mt

Billion Mt







Minor increase






Major decrease






Minor decrease






Major Increase


- US CO2eq emissions, based on staying with COP21, would have been about 5.0 billion Mt, but they would be about 6.4 billion Mt, based on leaving COP21. In the US people live in a spread-out manner, which requires more energy per capita. It would have required several trillion dollars of investments in RE systems and efficiency to achieve the 2030 targets agreed to by Obama.


- China and India would continue to increase their CO2eq emissions. This was agreed to during COP21 negotiations, because of their low energy per capita. Neither country makes contributions to the Green Climate Fund, which were scheduled to become quite large for developed countries by 2020. See below. China’s energy per capita is at least 2 times that of India, which likely would receive funds from the Green Climate Fund.


- The EU 2030 target would achieve a slight decrease from 2015. In the EU people live close together, which requires less energy per capita. EU transformations likely would require significantly less investments for its 2030 target, than the US would need for its 2030 target. No wonder, Germany, France and Italy immediately declared “no renegotiations” of COP21, after Trump stated he wanted to renegotiate.


The upshot is, the US would have to make major adjustments to its economy to achieve the overly ambitious US 2030 targets agreed to by Obama. Trump was absolutely correct to insist on renegotiating the COP21 agreement.


This New York Times article has videos demonstrating the rapid decrease of CO2eq reduction by the US compared to the much less rapid reduction by Europe.


The major decrease for the US, agreed to by Obama, would have meant excessive economic dislocations/disturbances within the US economy, and would have been a perfect recipe for a major long-term recession due to:


1) The debilitations of chronic federal budget deficits of about $500 b/y

2) The chronic goods trade deficits of $750 b/y

3) The US being a huge debtor nation; $8.3 trillion in 2016

3) The world peacekeeping costs (shirked by most NATO members)


- Obama, without permission from the US Congress, committed $3 billion to a Green Climate Fund to literally buy the votes of poor countries (India, Turkey, etc.,), so they would commit to COP21. No wonder Obama was loved.

- Some of these countries are among the most corrupt in the world.

- Some of that money likely will disappear into Swiss bank accounts, instead of being used for COP21 goals, as there is NO monitoring mechanism in place.

- Obama paid $1 billion to the Fund just before Trump was sworn in.

- Because the US is leaving COP21, the other $2 billion STAYS IN THE US. See URL for full transcript of COP21 withdrawal announcement.


Green Climate Fund: A total of 193 countries signed on to COP21, but that means nothing, unless they agree to do something, to undertake pain. The majority of these countries are underdeveloped and developing countries. They signed on to COP21 in expectation of payments from the Green Climate Fund. Only a few developed countries have made financial contributions to the Green Climate Fund. See below URLs.


The UN would administer the Fund. As of 17 May 2017, a total of $10.3 billion had been pledged (most not yet paid) to the Fund.


- EU member states pledged $4.7 billion (UK $1.2 b; France $1.0 b; Germany $1.0 b; Others $1.5 b) 
- US $3.0 billion; already paid $1 billion. 
- Rest of World $2.6 billion (Japan $1.5 b; China $0; India $0; Others $1.1 b). See table in URL.


The Fund’s initial goal is to distribute to recipient countries $100 billion in 2020, and much more in EACH YEAR thereafter. The US, about 20% of gross world product, likely would be hit up for $25 billion in 2020 (China would not pay, India would get money), and much more in EACH YEAR thereafter. That UN-managed Fund likely would become the mother of all boondoggles.


No. Thank you, said Trump. He was not about to let the UN do boondoggle projects with US taxpayer money, especially when considering the insufficient outcomes of almost all prior COP events.


As the world is making so little progress towards RE, the US, “doing its RE part” by staying with COP21, would be engaging in an expensive exercise in futility. 


Europe, Japan Lack Energy Sources, the US has Plenty: Europe, Japan and others primarily drive the RE movement, because they have insufficient domestic energy resources. Europe, Japan and others want the US to stay with COP21,


1) As a big source of cash for future financing of the Green Climate Fund, and

2) Because they would become less competitive versus the US, if they increased investments in RE and the US did not.


Europe and Japan Reneging on World Peace Keeping Costs: For decades, Europe, Japan and others have underinvested in defense, because of the US protection guarantee; only 5 of 29 NATO nations spend at least 2% of GDP on their own defense.



Defense Spending


% of GDP












Europe, Japan and others have been shirking the world peacekeeping burden, as it would divert investments from their goods and services sectors.


Instead, they invested in producing and exporting superior goods and services, which the US did not. This caused the US, hamstrung by having to adhere to World Trade Organization rules, to have huge chronic trade and budget deficits.


Europe, Japan and others want to keep the good times rolling, i.e., have the US protect them for free, if possible, in hamstrung mode, due to chronic trade and budget deficits, under WTO rules, and complying to onerous COP21 requirements.



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Comment by Thinklike A. Mountain on November 9, 2017 at 10:04am

Bannon: China Is ‘an Enemy of Incalculable Power, Not a Strategic Partner and We Have to Understand That’

Bannon called it “awe-inspiring” and said China is “in your face in doing it.” He faulted the Bush’s and “that whole group” who insisted China would liberalize and become a free market democracy if we gave them favorable trade deals. Bannon called the strategy “dead wrong.”

“We have an enemy of incalculable power and they’re not a strategic partner. They are an enemy and we have to understand that,” said Bannon.

The full audio is available below.

First Prize

NE Book Festival


Maine as Third World Country:

CMP Transmission Rate Skyrockets 19.6% Due to Wind Power


Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.

Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT (excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.”

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