For decades, the Indonesia Stock Exchange has run like a members’ club, where the brokers who trade on the IDX also own it. But that cozy arrangement is about to end under an amended financial sector law that requires the exchange to demutualize. The Financial Services Authority, or OJK, has issued a new regulation on […]

The post Indonesia’s bourse rebuild is really a monetary policy story appeared first on Asia Times.

Climate alarmism propaganda about the collapse of the Gulf Stream has made it into the Telegraph thanks to the new owners recycling the work of Politico's Zia Weise. Is this a sign of things to come, asks Ben Pile.

The post Climate Alarmist Propaganda Comes to the Telegraph appeared first on The Daily Sceptic.

A quarter-century ago, after a deadly terrorist attack raised fiery explosions from the World Trade Center buildings, the US Department of Homeland Security introduced a color-coded advisory system, under which orange signified “High Risk of Terrorist Activities.” For many people, including Dushko Petrovich Córdova, “this ambient, lingering orange signaled that emergency was continuous, a new way of living.” Ours is a world of prison jumpsuits and Home Depot, leaders with an affinity for fake tans and “aptitude for the orange of perpetual crisis,” public health maps of infection rates painted various shades of orange to mark severity, a sky dyed orange by wildfire smoke. We are inundated by the color; it feels, at times, inescapable. Is it really? Follow Córdova to the brilliant end of this stunner.

Once, in the late ’90s, a few years before the dawn of the orange era, I found myself in Montreal for a friend’s wedding. There was a wildfire nearby, and I remember trying to capture the eerie effect of the atmosphere turning orange with the disposable cameras that had been handed out to all the guests. The resulting pictures looked underexposed and nothing more, the otherworldly orange haze rendered mostly regular gray.

So, decades later, in 2023, when photos of smoke from yet another Canadian wildfire began to appear on social media, I was surprised by how well digital photography had captured what had proved so elusive in the late disposable-camera era. The best civilian shot I saw was of the scenery through a window. The cool interior lighting framed the orangeness outside, in the same way that you might frame a sunset, except that instead of a bright band of orange light at the horizon, this orange was everywhere, pressing at all the edges of the window frame and probably trying to get in through the cracks. In another image I saw a gray cat sitting on a windowsill, apparently unperturbed by the wide expanse of horror just behind it.

Carbon Brief claims that wind and solar power saved the UK from gas imports worth £5.9bn during the Hormuz crisis. Not mentioned, says Paul Homewood, is that the wind and solar power cost more.

The post Carbon Brief’s Con Trick appeared first on The Daily Sceptic.

Restoring the grid after a nationwide outage could take as long as two weeks, says Kathryn Porter. So you need to be prepared. Here’s what every household needs – from torches to generators and keeping warm safely.

The post How to Prepare for a Blackout appeared first on The Daily Sceptic.

Germany and California parade as climate superpowers – yet both import energy, destroy industry and hand supply chains to Beijing. Western virtue, says Tilak Doshi, is made in Chinese coal-fired factories.

The post Beijing’s Useful Idiots: Germany, California and the Green Road to Chinese Supremacy appeared first on The Daily Sceptic.

The Bishop of Leeds is urging Catholics to 'live simply' to protect the planet. But why are bishops banging on about climate change when they're supposed to be saving souls? asks Roger Watson.

The post Saving the Planet, One Pastoral Letter at a Time appeared first on The Daily Sceptic.

No one knows how the US Supreme Court will rule in Suncor v. Boulder, the case that will kick off the court’s fall term next week and will likely decide whether the city and county of Boulder, Colorado, will be able to put oil giants ExxonMobil and Suncor Energy on trial for deceiving the public for decades about the climate harms of fossil […]

The post Big Oil fears the evidence of its deliberate climate lies appeared first on Asia Times.

So, this is Andy Burnham's solution to soaring energy prices: nationalisation and relitigating the 1970s. It's just a shame, says Ben Pile, that energy was far cheaper under Thatcher than in our Net Zero era.

The post Political Spite Won’t Keep the Lights On appeared first on The Daily Sceptic.

In this tense, riveting first-person excerpt from his new book This Cursed Beautiful Land: A Russian Story, Evan Gershkovich recounts the harrowing months he spent as a prisoner in Russia, leading up to his eventual release in a complex, multi-country prisoner exchange. Even in the darkness, Gershkovich offers rays of light: care packages from friends, letters by the hundred, and a cautiously blossoming love with a friend in Berlin. We may know the ending, but the details of these days reveal what it takes to get there.

A few hours after my arrival, I heard a cart rolling down the hallway. A guard opened a kormushka — a feeder window in the door about the size of a human head. A man in a chef’s uniform filled my bowl with porridge, placed a piece of rancid-smelling boiled fish on my plate and gave me some weak tea. The reality of my new surroundings slammed into me.

Thoughts ricocheted inside my head. Earlier in the day I’d had a comforting one: they’ve taken me for a swap, I told myself. That’s all this is.

Now, curled up on the bed in my 12ft by 8ft cell, knees pulled to my chest, I thought, what if the FSB really does think I’m a spy and wants to make an example out of me? Maybe they don’t want to swap me at all. Maybe I really will spend 20 years here.

The New York Times and the rest of the legacy media are in mourning after President Trump axed Biden's pro-EV fuel economy standards. But real fuel efficiency shouldn't need a mandate, says Dr Tilak Doshi.

The post Legacy Media Weep as Trump Axes Biden’s Fuel Economy Diktat appeared first on The Daily Sceptic.

In summer 2023 Dr Colin M. Barron published a book, I Will Never Buy an Electric Car, in which he set out all the shortcomings of EVs. Now, three years later, he says the case has only got worse.

The post Why I Will Still Never Buy an Electric Car appeared first on The Daily Sceptic.

At the UN last week, Ed Miliband shared details of a secret "damning" climate spy report. Ben Pile points out that a similar secret report appeared 22 years ago – and not one of its apocalyptic predictions came true.

The post Spies and Their Climate Lies appeared first on The Daily Sceptic.

Climate Week NYC is packing its tent after another week of green grandstanding, empty promises and soaring energy bills, says Dr Tilak Doshi. Same circus, same clowns, same time next year.

The post New York’s Climate Circus: Same Clowns, Emptier Promises appeared first on The Daily Sceptic.

The 2026 Planetary Health Check – which claims seven "planetary boundaries" are now breached – is the latest report from the doomsters that is wholly detached from the facts, says Tilak Doshi.

The post Doom Never Goes Out of Fashion: The Problem With the “Planetary Health Check” appeared first on The Daily Sceptic.

Five months after the IPCC ruled that the infamous RCP8.5 doomsday climate scenario was "implausible", the Met Office is still whipping up unjustified Net-Zero convenient fear, says Chris Morrison.

The post “Implausible” Met Office UK Climate Projections Still Whipping up Unjustified Net Zero-Convenient Fear appeared first on The Daily Sceptic.

What does it mean to live in a disappearing place? For Pioneer Works’ Broadcast, Brad Bolman, a professor of history and environmental studies at Tulane University, writes about New Orleans, the shifting borders between land and sea, and the political and economic forces that continue to shape the city’s fate in a time of climate catastrophe.

If Los Angeles is the city that has been imaginatively destroyed again and again in film and TV, as Thom Andersen argues in Los Angeles Plays Itself, New Orleans is the one that has been destroyed countless times in reality. We have survived worse and rebuilt before, many insisted. We’re staying.

It was a reaction as understandable emotionally as it was disconnected from environmental reality. But that gap is a feature of life in the Crescent City. As I watched my first Mardi Gras parade this spring, junk falling in never-ending torrents from brightly decorated floats, a friend sympathetically interjected, “This must be driving you crazy.” What they meant was that as someone who teaches about environmental history but isn’t from here, I must be especially affected by the throwaway culture of the city’s most famous fête and its tons and tons of plastic beads, made from the same fossil fuels that are causing sea levels to rise around us.

Earth has never been a perfect sphere. It bulges slightly at the equator and flattens slightly at the poles, a shape geodesists call an oblate spheroid — think of a basketball very gently squeezed from top and bottom. That bulge isn’t fixed, though, and a new study published in the Journal of Geophysical Research: Solid […]

European Commission President Ursula von der Leyen at the podium Photographer: Dati Bendo © European Union

European Commission President Ursula von der Leyen used her State of the Union address on Wednesday (16 September) to make the case for a more independent Europe, confronting war, economic competition, AI disruption and climate change — while proposing Canada become the EU’s first associate member.

Opening her #SOTEU speech with Charles Dickens’ “best of times, worst of times”, von der Leyen described a Union stronger but also more exposed to external threats.

“The state of our Union is the strongest it has ever been,” she said, while acknowledging it could feel “as precarious as it has ever been”. “Europe has chosen to forge its own path. And a stronger, independent Europe is now emerging.”

Competitiveness and energy

Von der Leyen called kickstarting Europe’s economy her “number one priority”, promising faster permitting, less red tape and further integration of the Single Market.

The Commission will propose a new Banking Package and create a European Corporation on Critical Raw Materials to secure supplies needed for chips, batteries, clean technology and defence.

With high energy costs weighing on European industry, von der Leyen called for faster electrification and investment in grids, renewables and nuclear power to reduce dependence on imported fossil fuels.

Climate after a 'summer of truth'

After a summer of fires, drought and extreme heat, von der Leyen promised a climate resilience framework focused on 100 of Europe’s most vulnerable territories, alongside a Climate Insurance Alliance, European Heatwave Plan and Water Initiative.

She also floated a future European Firefighting Fleet, declaring that Europe “can, must and will stay the course” on its climate targets.

AI: Opportunity and threat

AI was presented as both an economic opportunity and an emerging security threat. Von der Leyen warned that advanced models could enable hacking “on a level we never thought possible” and pledged closer cooperation with Canada, the UK and others on AI security.

At the same time, Europe will expand computing capacity and push AI into health, transport, agriculture, manufacturing, defence and space. “Above all, we want AI with human agency,” she said.

Jobs, housing and social rights

The Commission plans a Quality Jobs Act before the end of the year and a European Care Deal, alongside measures tackling housing pressures.

Von der Leyen said technological change must benefit workers, while strongly defending women’s rights and Europe’s social model.

PHOTO  European Commission President Ursula von der Leyen and Canadian Prime Minister Mark Carney at the podium Photographer: Dati Bendo © European Union

Canada moves closer

One of the biggest surprises came with Canadian Prime Minister Mark Carney in the chamber.

Von der Leyen proposed an “Alliance for the Future” spanning technology, defence, energy, critical minerals, AI and the Arctic — before going further.

“I would like to work with you on opening the door for Canada to be the first associate member of the EU,” she told Carney. “We share one ocean, one set of values, one way of seeing the world.”

Security, defence and Ukraine

With drone incursions, cyberattacks and sabotage raising security concerns inside the EU, von der Leyen proposed a new European security strategy and an Emergency Security Protocol for incidents falling below the threshold of armed aggression.

She also wants to establish a European Security Council and strengthen joint European defence capabilities.

Ukraine faces what von der Leyen called the “toughest winter of the war”. She promised humanitarian and energy support, stronger air defences and deeper defence-industrial cooperation with Kyiv.

Borders, democracy and children online

The Commission will propose an Emergency Response Framework for exceptional migration crises and strengthen Frontex, while launching a Mediterranean Youth Skills and Jobs initiative.

Von der Leyen also announced an EU KIDS ACT, including no social media for under-13s and restrictions for children under 15, followed by a broader Digital Fairness Act.

Political groups draw battle lines

EPP leader Manfred Weber backed the focus on AI, defence and competitiveness but pushed against restrictive climate policies. “Climate change is a reality,” he said, arguing Europe needed “innovation and not bans.”

S&D leader Iratxe García Pérez demanded that von der Leyen turn “words into action”, backing climate investment, housing and worker protections while warning that simplification must not become deregulation.

Renew Europe leader Valérie Hayer made a pointed appeal for the Parliament’s pro-European majority, as the EPP has increasingly worked with parties further to the right on some legislation. “There’s only one possible majority. It’s our pro-European majority,” she said. “We need to do more. We need more Europe, and we need it more quickly.”

Greens/EFA co-chair Terry Reintke accused EU leaders of failing to respond urgently enough to extreme heat and wildfires. “We are in the middle of a climate emergency,” she said, demanding stronger Green Deal implementation while insisting: “We are not powerless. Europe is strong, and Europe can be even stronger.”

ECR co-chair Patryk Jaki struck a sharply different note, attacking the Commission over bureaucracy, energy costs and industrial competitiveness. Europe, he argued, was “as weak as it’s ever been.”

Von der Leyen closed on the central theme running through the speech: European sovereignty in an increasingly hostile world.

“The fate of Europe,” she said, “must remain in the hands of Europeans.”

In what environmental advocates describe as “another gift to the fossil fuel industry,” the Trump administration plans to end rules limiting the release of planet-heating emissions from power plants that burn coal and gas.

Power plants are considered the largest industrial source of greenhouse gas emissions in the US and account for about a quarter of the nation’s climate pollution, according to the Environmental Protection Agency (EPA).

In 2024, the EPA under the Biden administration used the Clean Air Act to require that many new gas plants and existing coal plants reduce their carbon emissions by 90%, including by installing carbon capture technology, by 2032.

The EPA estimated that the rule would reduce the amount of CO2 emissions by about 1.38 billion metric tons over the next two decades, the equivalent of about a year of emissions from the entire US electric power sector.

Another gift to the fossil fuel industry!
The US will allow power plant polluters to dump unlimited planet-warming pollution that power plants pump into the air while burning coal and gas.@maxinejoselow https://t.co/ZeiSaFkEpC

— Safe Climate Campaign now @safe-climate.bsky.soc (@safe_climate) September 14, 2026

On Monday, Lee Zeldin, the EPA administrator under President Donald Trump, announced an end to this policy at a meeting of energy ministers at the Group of 20 conference in Houston.

Not only will this prevent the enactment of a policy that the EPA has estimated would prevent around 1,200 premature deaths and 360,000 asthma cases by 2035. But the administration is also rolling out a proposal seeking to prevent future administrations from regulating carbon emissions as a health risk.

It is an effort that runs parallel to the administration’s rescission of the 2009 “endangerment finding,” which allowed the EPA to regulate vehicle emissions under Section 202 of the Clean Air Act on the grounds that they are harmful to human health. That move is also being challenged in court.

Power plants are regulated under a different section of the Clean Air Act, Section 111, which allows the EPA to regulate facilities that “cause, or contribute significantly to” dangerous air pollution.

But whereas the courts have previously interpreted this statute to regulate the outputs of entire facilities, the Trump administration is asking courts to adopt a novel reading of the statute which says each individual chemical under scrutiny must “contribute significantly” to climate change.

As Meredith Hankins, legal director for climate and energy at the Natural Resources Defense Council, explained in a policy memo last week, it likely won’t be easy for the administration to prove that the CO2 emissions from US power plants aren’t a significant driver of climate change.

“Power sector emissions account for a quarter of total US emissions, so if they cannot be counted as significant, it’s hard to conceive of any emissions that would,” Hankins wrote. “In fact, if the US power sector were a nation, it would be the world’s fifth-largest emitter after China, the United States, India, and Russia. That’s a pretty ‘significant contribution’ to the problem.”

The effort to gut power plant regulations comes after the hottest meteorological summer recorded in US history and amid a year with one of the largest numbers of climate disasters on record, including widespread drought, destructive wildfires, and repeated flooding and tornado outbreaks.

As the planet has warmed over the last half-century, the US has seen a sharp, near-sevenfold increase in weather disasters costing over $1 billion, according to data from the National Oceanic and Atmospheric Administration.

“While wildfires rage, floods devastate communities, and families struggle to afford skyrocketing electricity bills and insurance premiums, the Trump administration is handing the fossil fuel industry a license to keep polluting,” said Holly Bender, chief program officer for the Sierra Club, following news of the EPA’s rollback of power plant rules. “This is full-throated climate denial while the climate crisis happens in real time and a shocking betrayal of the American public.”

She added that “the Sierra Club will fight back against this reckless and dangerous proposal with everything we have in the courts, in Congress, and in communities across the country.”

If successful, the reversal of the power plant rules would be one of the most significant steps in Zeldin’s push to eviscerate the EPA’s authority to combat climate change on behalf of the fossil fuel industry. Earlier this summer, during a meeting of the National Coal Council, he bragged that “many of the items” on the industry’s “wish list are now done.”

He has put the wheels in motion to roll back virtually every Biden-era regulation on the coal industry, including rules limiting pollution from mercury and toxic metals, controls on toxic wastewater from coal plants, and limits on coal ash.

And while seeking to undermine the legal basis to regulate greenhouse gases, Zeldin’s EPA has also taken a sledgehammer to its practical ability to do so, dismantling offices that collect climate data, erasing information about human-caused climate change from the agency’s websites, and filling research panels with scientists employed by the fossil fuel industry.

Former State Department energy official Alan Eyre noted that on the world stage, the US “has always been obstructionist” when it comes to climate policy. Under Trump, he said, “we’re actively malevolent.”