Connect with us

Technology

Elon Musk’s Carbon Tax Promo Fails says Friends of Science Society

Published

on

Elon Musk’s video promoting the notion of a carbon tax as a means to mitigate climate change is a ”failure” says Friends of Science Society, referring to Canada’s disastrous experience with carbon tax and inflation. The province of Saskatchewan refused to collect the carbon tax in January, resulting in a 1% drop in inflation; carbon taxes do nothing to reduce emissions as fuel needs are inelastic.

CALGARY, Alberta, Feb. 22, 2024 /PRNewswire-PRWeb/ — “Elon Musk’s Unbelievably Simple Killer Break Down on Climate Change” – a video released on Feb. 03, 2024, which promotes a carbon tax, is a failure, says Friends of Science Society. As reported by the CATO Institute on Feb. 08, 2024, the video’s voice over recycles a speech Elon Musk gave at the Panthéon‐Sorbonne University in Paris, coincident to the ParisCOP21” Climate Conference in 2015.

Numerous academics and economists back the carbon tax as ‘the solution’ to climate change, but Friends of Science Society calls this “CarbonTax – a-philia: Unnatural Love of Carbon Taxes for No Reason.”

A large group of green philanthropies, led by ClimateWorks for the most part, have been actively working on establishing global cap and trade systems for decades, as reported in the 2018 paper by Matthew Nisbet in “Strategic Philanthropy in the Post-Cap-and-Trade Years.” These billionaire philanthropies have funded environmental charities (ENGOs) as proxies for their cause; a similar phenomenon operates in Canada as reported Dec. 23, 2023 by Philanthropic Foundations Canada about the Trottier Family Foundation’s role at COP28, specifically pushing for a cap on Alberta oil and gas production.

As reported in the Western Standard Feb. 06, 2024, the confluence of Big Philanthropy and Big ENGOs driving climate and energy policies constitutes vast influence without accountability.

The principle of a carbon tax relies on the claim that the alleged ‘pollution’ of greenhouse gas emissions, especially that of carbon dioxide, is the main driver of global warming. By charging a tax on emissions, the increased cost and burden to consumers or industry will force them to choose ‘cleaner’ alternatives – or that’s the Pigouvian theory.

In fact, fuel-related needs are inelastic and immune to ‘sin’ taxes, as explained in Robert Lyman’s 2019 “The 85 Million Tonne Obsession.” Ultimately, “The Carbon Tax: It’s Just Not Fair.

As suggested in the Musk video clip, in order to mitigate the price burden on the little people, a ‘rebate’ is offered.

As reported by the Western Standard on Feb. 20, 2024, when the province of Saskatchewan refused to collect the federally imposed carbon tax on home heating, inflation fell 1%.

Energy economist Robert Lyman has pointed out, Canada, like most Western nations, has layers of GHG legislation, incentives, subsidies, and penalties which are so entangled, it is impossible to measure which, if any, reduce emissions. Canada’s Environment Minister Stephen Guilbeault stated in the House of Commons on January 29, 2024 as recorded in Hansard that “the government does not measure the annual amount of emissions that are directly reduced by federal carbon pricing.”

Lyman’s presentation at Friends of Science Society’s 20th Annual Event can be seen here, along with a presentation by Dr. Ian Clark who offers “A Reality Check on Climate Science and NetZero.”

Ken Gregory’s analysis, using the FUND model, shows there is actually a net benefit of the modest warming said to be caused by carbon dioxide emissions.

Friends of Science Society says Canada’s experience with carbon tax and rebate shows the method fails to reduce emissions while simultaneously driving up inflation. Carbon taxes cause heat-or-eat poverty and have created a “Food Prices Crisis.” Rebates end up being unevenly distributed, with many young adults living at home getting substantial ‘climate money’ cheques (aka Climate Action Incentive or Carbon Rebate), while their parents struggle to pay the bills.

Friends of Science Society has pointed out that climate targets cannot be met by Canada as long as vast immigration is allowed to continue, as every new person increases Canada’s carbon footprint, especially since most immigrants come from warmer countries like India, China and the Philippines.

According to Friends of Science Society, the misuse of the implausible scenario, RCP 8.5, used by Office of the Superintendent of Financial Institutions (OSFI), Bank of Canada (BoC), and the Bank for International Settlements (BIS), mislabelled as a ‘business-as-usual’ projection, continues to drive public policy based on the fear of a climate emergency. As explained in a Friends of Science Open Letter on this Discrepancy to the OSFI and BoC, Dr. Judith Curry testified to the US Senate that RCP 8.5 was abandoned at COP26 in Glasgow in favour of the more realistic SSP2-RCP4.5. Dr. Roger Pielke, Jr. has pointed out that the UNFCCC has shown that present emissions are below the SSP2-RCP 4.5 level.

The CLINTEL network of over 1890 scientists and scholars affirm that the Climate Emergency is over. We DO have time. Thus, no carbon tax is required, says Friends of Science.

About
Friends of Science Society is an independent group of earth, atmospheric and solar scientists, engineers, and citizens that is celebrating its 21st year of offering climate science insights. After a thorough review of a broad spectrum of literature on climate change, Friends of Science Society has concluded that the sun is the main driver of climate change, not carbon dioxide (CO2).
Friends of Science Society
PO Box 61172 RPO Kensington
Calgary AB T2N 4S6
Canada
Toll-free Telephone: 1-888-789-9597
Web: friendsofscience.org
E-mail: contact(at)friendsofscience(dot)org
Web: climatechange101.ca

Media Contact

Michelle Stirling, Friends of Science Society, 8887899597, media@friendsofscience.orghttps://friendsofscience.org/

View original content to download multimedia:https://www.prweb.com/releases/elon-musks-carbon-tax-promo-fails-says-friends-of-science-society-302068231.html

SOURCE Friends of Science Society

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Leoguar Electric Bike Makes Christmas Unforgettable with Exclusive Holiday Offers

Published

on

By

HOUSTON, Dec. 25, 2024 /PRNewswire/ — As the holiday season draws near, Leoguar is excited to offer exclusive deals on their range of electric bikes, bringing families together for memorable moments. With a collection designed to combine fun and fitness, this Christmas is the perfect time to gift an unforgettable experience.

“This Christmas, we’re inviting families to rediscover the joy of outdoor exploration. Our bikes help you bond, stay active, and make the most of every moment,” said the Leoguar COO.

Leoguar’s holiday lineup offers premium e-bikes for every rider, now with unbeatable deals: 

Flippo Folding eBike: A lightweight, foldable ride perfect for urban commutes. Upgrade to the Flippo Pro for enhanced performance with a torque sensor for smoother rides.

Fastron Fat Tire eBikes: Built for rugged terrains, the Fastron features a durable, rugged build, and speeds up to 28 MPH, making it the perfect choice for adventurous riders.

Zephyr Beach Cruiser eBikes: Crafted for effortless coastal cruising, the design combines style and comfort, featuring a comfort saddle that ensures a smooth, seamless ride.

Sprint Utility eBike: A versatile, practical choice featuring a sturdy frame and passenger seat, perfect for errands or leisure.

Trailblazer EMTB: Designed for tough off-road trails, the model features a 500W mid-drive motor, offering powerful performance, extended range, and excellent climbing ability.

To make this holiday gift even sweeter, all Leoguar bikes come with free shipping and a two-year warranty for worry-free riding. Additionally, customers can join the holiday giveaway to win prizes like $59 bottle holders, or even a free e-bike!

Leoguar bikes cater to all experience levels, offering comfort and a seamless riding experience. They promote health benefits like improved fitness and stress relief while creating lasting memories on scenic rides.

“Whether it’s cruising the city streets, riding mountain trails, or relaxing by the beach, a Leoguar electric bike is the ideal Christmas gift,” the COO added. “This holiday season, choose a cycling gift that will last for years to come — there’s no better way to kick off the new year.”

To check out the full collection and take advantage of these limited-time offers, visit www.leoguarbikes.com

About Leoguar:

Leoguar is an eco-conscious e-bike brand founded by Johnny, an engineer with decades of industry expertise. Combining innovation, agility, and power, Leoguar delivers high-quality electric bikes designed for adventure, sustainability, and individuality.

Media contact: lily@leoguarbikes.com 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/leoguar-electric-bike-makes-christmas-unforgettable-with-exclusive-holiday-offers-302339078.html

SOURCE Leoguar Electric Bikes

Continue Reading

Technology

2024 Financial Oscars: Waton Securities International Honored as “Outstanding Digital Empowerment Institution” of the Year

Published

on

By

SHENZHEN, China, Dec. 25, 2024 /PRNewswire/ — In early December, at the 18th Huaxia Institutional Investor Annual Conference of 2024, the 18th Golden Cicada Awards were announced. Waton Securities International was awarded the “Outstanding Digital Empowerment Financial Institution of 2024” for its significant achievements in securities brokerage and fin-tech sector.

The selection for the “Outstanding Digital Empowerment Financial Institution” focused on evaluating companies based on financial performance, market competitiveness, customer recognition, digital strategy planning and implementation, digital transformation outcomes, and risk control capabilities. Particularly, it highlighted cases that have made significant strides in digital empowerment.

The evaluation also emphasized the outstanding performance of financial institutions in their own digital transformation and the sound risk control abilities demonstrated during this process, ensuring that while pursuing innovation, companies can effectively manage and control risks. Waton Securities International distinguished itself among the contenders with its sophisticated technology platform, well-defined digital strategy, substantial transformation achievements, and commendable risk control mechanisms.

Established in Hong Kong in 1989, Waton Securities International has steadily grown with a deep understanding of professional financial services and regulatory compliance. It has obtained licenses 1/4/5/9 from the Hong Kong Securities and Futures Commission, becoming a fully licensed brokerage with comprehensive financial service qualifications. Through continuous technological innovation and digital transformation, it has successfully built a one-stop brokerage cloud service platform, promoting advanced digital financial technology globally. Its pioneering SaaS product, “Broker Cloud”, allows corporate clients to independently deploy and operate high-performance digital customer information management and trading systems without their own IT teams. The solution is relatively low-cost and adaptive to industry, which is the core competitiveness of Waton Securities International.

Data reveals that of the 1,100 securities firms in Hong Kong, approximately 600 are actively trading, yet fewer than 50 have developed their own mobile applications. On a global scale, among the 30,000 securities companies, only a handful—less than 300—feature brokerage trading Apps in App stores. This underscores a significant market demand for the digital enhancement of the securities sector.

With the swift growth of technologies like generative AI LLMs, blockchain, big data, and cloud computing, the securities industry can use these tools to streamline trading strategies, assess risks more accurately, and forecast market trends. These technologies also help the industry to move towards more integrated, platform-focused, and digital operations. The main goal of technology in finance is to increase the efficiency of financial institutions. A good starting point for applying technology is to focus on financial services and build a solid technical foundation for these institutions.

View original content to download multimedia:https://www.prnewswire.com/news-releases/2024-financial-oscars-waton-securities-international-honored-as-outstanding-digital-empowerment-institution-of-the-year-302339091.html

SOURCE Waton Securities

Continue Reading

Technology

Mega Matrix Announced that the English Version of “Getting Even: The Secret Prodigy’s Playbook” Now Streaming on FlexTV

Published

on

By

SINGAPORE, Dec. 25, 2024 /PRNewswire/ — The highly anticipated English adaptation of the revenge rebirth series, Getting Even: The Secret Prodigy’s Playbook, officially premiered on December 19th on FlexTV, the world-leading short drama streaming platform operated by Mega Matrix Inc. (NYSE American: MPU). The series delves into the intricacies of power struggles within the White family, chronicling the protagonist’s journey of rebirth and empowerment to rewrite her destiny.

Audrey White, the legitimate daughter of the White family, was sent abroad at a young age due to family circumstances, gradually estranging her from her kin. When she finally returns home, eager to reunite with her family, she unexpectedly becomes the target of jealousy from Ruby White, the family’s adopted daughter. Harboring deep resentment, Ruby orchestrates a kidnapping plot, culminating in a devastating fire designed to test the loyalty and affection of the White family.

Left to perish in the flames, Audrey is abandoned by her family but heroically rescued by her uncle. Miraculously, she is granted a second chance at life, returning three years prior with the power to alter her fate. Determined to expose Ruby’s schemes, rebuild her family bonds, and claim her rightful respect and happiness, Audrey embarks on a journey of resilience and redemption.

FlexTV, operated by MPU, is a global leader in short drama streaming, delivering content in over 100 countries in multiple languages, including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic. Known for its premium-quality dramas and unparalleled user experience, FlexTV has captured the hearts of audiences worldwide. The English version of Getting Even: The Secret Prodigy’s Playbook, now streaming on FlexTV, offers a compelling exploration of familial power dynamics, the complexities of human nature, and the protagonist’s growth and self-redemption in adversity. For more exciting content, please visit https://www.flextv.cc/.

#WealthyFamily #Revenge #Rebirth #ShortDrama #FlexTV #MPU

About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary, Yuder Pte, Ltd.. Mega Matrix Inc. is a Cayman Island corporation headquartered in Singapore. For more information, please contact info@megamatrix.io or visit: http://www.megamatrix.io.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to execute the strategic cooperation with TopReels, ability to obtain additional financing in the future to fund capital expenditures; ability to establish the investment fund with 9 Yards Communications under the memorandum of understanding; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company’s profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company’s new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company’s future results of operations are subject to additional risks and uncertainties set forth under the “Risk Factors” in documents filed by the Company’s predecessor, Mega Matrix Corp., with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K, as amended, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company’s inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company’s assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Disclosure Channels

We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:

The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.

View original content to download multimedia:https://www.prnewswire.com/news-releases/mega-matrix-announced-that-the-english-version-of-getting-even-the-secret-prodigys-playbook-now-streaming-on-flextv-302339090.html

SOURCE Mega Matrix Corp.

Continue Reading

Trending