Bayonne joins the Gold Coast

From the NY Post:

When Jason Tsay and Michael Suchocki left artsy Chelsea for sleepy Bayonne, they thought the New Jersey city was on the cusp of a real estate renaissance.

Turns out they were a decade early. The couple moved in 2004, but it’s only now that the southernmost area of New Jersey’s Gold Coast is gearing up for thousands of new apartments and game-changing developments.

The modest town (pop. 65,000) at the bottom of the Hudson Waterfront — the stretch of Jersey areas across from Manhattan and Brooklyn that starts in the north with Englewood Cliffs, across the George Washington Bridge, and passes through Hoboken and Jersey City on down to Bayonne — has long held loads of potential.

A harborfront location and city views, easy access to Manhattan via Light Rail and the PATH, an abundant supply of developable land parcels: Bayonne has all the scaffolding for a construction boom. But legal battles, lackluster efforts and economic downturns have hampered its progress, even as neighbors like Jersey City and Hoboken have seen their fortunes soar.

Now, some 13 years after Tsay and Suchocki relocated there, there are signs that Bayonne’s time has at last arrived. The city is in the midst of a dramatic redevelopment of its Military Ocean Terminal, taken out of service in 1999, that will result in a massive rental complex along with retailers like Costco.

Meanwhile, smaller projects are proliferating around the town’s 22nd Street Light Rail stop, which connects residents to points up the Gold Coast and PATH trains running to Manhattan.

In all, Bayonne will see work start on around 1,000 residential units this year, says Joe DeMarco, the city’s business administrator. It expects to add another 2,000 to 3,000 apartments over the next five to six years.

“For a small little city, it’s humming,” DeMarco says.

To fill all those new pads, Bayonne is banking on the same factors that drew Tsay and Suchocki years before — proximity to New York City (about an hour on public transportation) and lower prices. Buyers can find single-family homes in Bayonne for around $400,000, significantly less than the $800,000 or more they’ll pay in Jersey City, according to Weichert Realtors agent Janice Hall. Bayonne rentals hover around $1,800 for a one-bedroom and between $2,200 and $3,000 for a two-bedroom. Similar units in Jersey City go for around $2,500 and $3,500, respectively.

This entry was posted in Demographics, Economics, Gold Coast, New Development. Bookmark the permalink.

124 Responses to Bayonne joins the Gold Coast

  1. grim says:

    La la la la … nothing to see here:

    https://www.occ.gov/news-issuances/news-releases/2017/nr-ia-2017-60a.pdf

    After the last bubble burst we all screamed about how the appraisers were in cahoots. How they were instrumental in laying the foundation of the bubble.

    So, this is exactly how that happens.

  2. grim says:

    Just barely, from Bloomberg:

    U.S. Homes Are Finally Shrinking

    It’s not quite a tiny-house movement, but homebuyers frustrated by the lack of listings that fit their budget will probably take it.

    In the aftermath of the U.S. foreclosure crisis, homebuilders focused on the top end of the market, where it was easier to find attractive profit margins and credit-worthy borrowers. The median size of a new single-family home increased year after year, reaching a high of 2,467 square feet in 2015—49 percent bigger than in 1978 and 8 percent larger than the prerecession peak in 2007.

    Now that trend has begun to reverse. The median home size decreased slightly, to 2,422 square feet, in 2016, according to the U.S. Census Bureau’s annual report on the characteristics of new housing. The trend continued into the first three months of 2017, quarterly data show.

  3. grim says:

    Watched Paterson last night on a flight back from Dallas. Good flick.

    If you are a North Jersey local that grew up around Paterson, you’d really like it, if nothing more because you would recognize quite a bit.

  4. The Original NJ ExPat says:

    Tiger Woods: I can’t believe I f.ucked up again. The heat was almost off, plus my back still hurts.

    Kathy Griffin: Thanks for meeting me for a drink, Tiger. I hope my publicist was right and that doing that apology without makeup will make people feel sorry for me so I can get work again.

    Michael Richards: Are either of you buying?

  5. The Original NJ ExPat says:

    Thanks grim! Can’t wait. I have a lot of ties to Paterson. I was born when my parents had their first apartment on Knickerbocker Ave. I was christened by Bishop Rodimer (before he was a bishop). Years later I worked as a bus and limo driver at Cherry Hill Bus Company at the intersection of Knickerbocker and Railway Ave.

    The best part about working at the bus company was working with a 90% black work force over a couple years and really learning the culture and challenges. If anybody knows about the Hurricane Carter story, John Artis worked at the same bus company. When he got out of prison they gave him his job right back. He was one of the nicest, gentlest guys I ever met. When I knew him he not only worked at the bus company, but also for a diaper delivery service. Talking to him you would have thought he was an Ivy League scholar, and he looked the part too. He was thin to fit with frameless round glasses when I worked with him. He had a second job as a diaper delivery driver.

    Watched Paterson last night on a flight back from Dallas. Good flick.

    If you are a North Jersey local that grew up around Paterson, you’d really like it, if nothing more because you would recognize quite a bit.

  6. The Great Pumpkin says:

    Money does matter to education. It’s not as simple as you make it out to be.

    “The Takeaways

    So, is money pixie dust?

    No. If it were, there would be no debate. Or, at least, the debate wouldn’t be nearly as loud.

    But, does money matter — especially for low-income students? Even Stanford’s Eric Hanushek agrees that it does.

    “Money matters, of course,” he bristles. “And I think that’s a straw-man way to phrase the question.”

    Make no mistake, money can make a difference in the classroom. If:

    Takeaway #1: The money reaches students who need it most.

    “What I see as the ideal in many ways,” Hanushek says, “is a system that provides extra resources to kids that need more resources. So this would be ELL kids. Special education kids. Disadvantaged kids in general.”

    In other words, the kind of targeted funding that helped Goshen build its special EL program in Indiana, or that paid for Revere’s district-wide reset.

    Takeaway #2: The increases come steadily, year after year.

    For extra money to have an impact, Study B and the story of Revere in Massachusetts suggest that it can’t just be a one- or two-year boost.

    Takeaway #3: The money stays in the classroom: paying, training and supporting strong teachers, improving curriculum and keeping class sizes manageable.

    Money alone does not guarantee success any more than a lack of it guarantees failure. Paul Reville, the former Massachusetts education secretary, says not all districts there were able to translate funding increases into academic gains. Often, the difference was how they spent the extra money.

    And so we come full circle.

    This debate — How You Spend versus How Much You Spend — isn’t a debate at all. Or shouldn’t be.

    Each depends on the other.

    Extra money spent thoughtlessly is no panacea for what ails many schools. But it’s also true that, to pay for the kinds of things (and people) that are most likely to help vulnerable students, many schools need more money.”

    http://www.npr.org/sections/ed/2016/04/25/468157856/can-more-money-fix-americas-schools

    3b says:
    June 1, 2017 at 4:54 pm
    Blue I understand that as for admittance. I am using it to illustrate a point in how blinded some are that the higher the school taxes the better the education.

  7. The Original NJ ExPat says:

    BTW, even the car guy that I am, I had the burning under the dash wrong. Apparently there was a failure in the fuel pressure regulator system such that the injectors were getting forced to higher pressure causing the cylinders to fill with fuel. My guess is that attempting to start the car caused the fan to bring in burning (but not igniting) fuel into the car, maybe forced into the exhaust manifold? Anyway, my mechanic still has the car. He said the engine was just filled with fuel. Close to 40 years ago I was driving my 1970 Fiat Spider to my Summer night shift job in Florham Park. I noticed that I used about 1/4 of a tank of gas to drive 10 miles. At a stop light I left the car running and lifted the hood. I noticed that a carb fitting had detached (along with fuel hose) and was spraying gasoline on the engine block. It was smoking, but not burning. I quickly turned the car off and forced the carb fitting back in. The next day I repaired same with anaerobic adhesive (that my Dad happened to have as a sample from his business). I remember being amazed that gasoline sprayed on something hot doesn’t necessarily ignite.

  8. The Great Pumpkin says:

    3b, please focus and think about this. I try to point this out constantly to this blog. Are they really failing schools because they don’t achieve on par with their suburban counterparts? The things we use to measure and dictate schools as winners and losers is wrong. The quicker we address this analysis of “failing,” the quicker we will realize there really is not the problem with education that they make it out to be. If you think it’s realistic to have a poverty stricken school avg a 90% graduation rate and college attendance rate, you are insane and not being realistic. To deem them a failure for not reaching these unrealistic expectations is morally corrupt and just a way of bashing that school for problems that are out of their control.

    “Lost in all of this, of course, is perhaps the most important takeaway — a question that all educators, parents and policymakers should ask themselves before they spend a dime:

    Takeaway #4: How do we define success?

    Is it just about test scores?

    Or should our focus widen to include wages, incarceration rates and other life outcomes of kids many years after they leave the nation’s schools?

    Because the lesson of Camden and, again, of Study B is that not all school spending, especially on meeting students’ basic needs, can be expected to improve test scores. But that doesn’t mean it’s being misspent or failing the children it’s supposed to help.

    Next week, the last week in NPR Ed’s School Money series, we’ll look at the political landscape of school funding and explore a few big changes on the horizon.”

  9. grim says:

    Years back when I first got my license, I borrowed my moms car pretty often. It was an Olds, but was one of the first cars with a pack-on-plug ignitions. Had this ignition gremlin where a cylinder wouldn’t ignite, and it would just blow fuel out.

    Driving back on the parkway one night, it starts stuttering, bad. I figured it was running on 2 of the 4 cylinders. I had to gun it just to keep it running. Didn’t want to die on the parkway because I didn’t have the cash for the very expensive tow. Pedal to the floor. 40mph. 30mph. 20mph.

    At some point, the fuel in the exhaust ignited – probably soaked the packing in the muffler.

    Kaboom, looking back in the rear-view, it was like some kind of aerial fireworks went off under the car.

    Blew out the muffler, most of the catalytic. The exhaust under the car was glowing white hot. I walked down a couple car lengths and waited for either the tow truck, or the car to blow up.

  10. D-FENS says:

    http://thehill.com/blogs/pundits-blog/energy-environment/335848-in-praise-of-trump-pulling-out-of-the-paris-climate

    I welcome pulling out of the Paris agreement because it will disrupt our complacency and strengthen the most vigorous avenues of climate action left to us, which are through the courts and direct citizen action. It lends much more credence to the Our Children’s Trust legal argument that the federal government has utterly failed in its responsibility to consider the long-term impact of carbon emissions. It advances the arguments of the Community Environmental Legal Defense Fund in their federal lawsuit for the right to a livable climate. And it strengthens the case for climate activists attempting to raise the “necessity defense” as a justification for citizen climate action, as I and my fellow “valve turners” are doing as we face criminal charges for shutting off emergency valves on oil sands pipelines.

    It’s also true that withdrawal from Paris deprives mainstream environmental organizations and the foundations and funders that guide them of a key deliverable, and that could risk eroding support for them. Perhaps that’s not such a bad thing. Many of them have pursued an utterly bankrupt strategy of understating the climate problem, negotiating with the fossil fuel industry, and cherry-picking small victories to showcase organizational accomplishments at the expense of a functional movement strategy.

    Pulling out of Paris takes false hopes off the table, and opens the way for building an effective climate movement. So as committed climate activist who knows we’re running out of time, I say, let’s get on with it.

    Ken Ward is a former deputy director of Greenpeace going on trial next week on felony charges for shutting down an oil sands pipeline to prevent harm to the climate.

  11. Steamy Cankles Foundation says:

    I once got a flat tire.

  12. jcer says:

    Bayonne, really? Bayonne has a few issues. First is has residential character post WWII and visually isn’t the nicest place. Second it is connected to Staten Island(which is NYC but hasn’t kept pace with the other boros for a good reason) and no the light rail does not really count as public transit to NYC, commute from Bayonne is longer than the suburbs. In comparison Hoboken and JC have the PATH and a distinct urban character. Bayonne will be viable but it isn’t comparable to JC or Hoboken. JC isn’t even built out and Harrison and Newark are better prospects for development because of transit connectivity. This is a clear sign to me that the market is overheating, Bayonne’s time hasn’t come yet.

  13. Steamy Cankles Foundation says:

    To avoid the horrible traffic on the GSP yesterday, I once again took a detour through the Oranges (I think). This one road I was on looked worse than Camden. In comparison to some horribly sketchy areas of Mexico that I’ve been in, this was way worse. I was literally afraid to even stop at the stop signs. Let me see if I can find this one particular road I was on on Google Street view.

  14. jcer says:

    Here is my problem with the climate change warriors, they can only address things in a trivial way and base everything off static assumptions. Reducing emissions, increasing energy efficiency, and green energy are all good things but the government mandating it is not the solutions. The climate change people largely wanted to shutdown fracking which in retrospect has been responsible for reducing our emissions more than any other measures taken. The government should pump money into research and credits for adoption of green energy as well as for energy efficiency rather than sending our money to other countries, who through corruption will squander it and the third world will continue to burn whatever they can lay their hands on. There is no free lunch and compromises need to be made blindly agreeing to curb emissions through some vague treaty that hasn’t even gone before the house and senate, entered into by the previous despotic president isn’t the answer and should be expected to stand. Much the same way that the ACA will go away, the democrats made no attempt to build consensus and then are surprised when the balance of power shifts their agenda is totally undone.

  15. jcer says:

    Steam to avoid 280 traffic I go through East Orange often, usually you feel better when you hit Orange, EO looks like life after people in some areas, the redevelopment is puzzling, I want to know who is dumb enough to invest in this? When the market turns they are dead in the water, until Newark really redevelops, EO is not a good bet. Scariest thing I’ve ever seen off the Parkway was in Irvington, I got lost at 1am, there was a man, probably homeless pushing a shopping cart dressed as a clown, talking to himself, inside the shopping cart there was a large muffler probably from a bus or a truck. Weirdest thing I’ve ever seen, surreal to the point that I couldn’t believe what I was seeing.

  16. Blue Ribbon Teacher says:

    Griffin’s crime isn’t that she was offensive, it was that what she did wasn’t funny. The only time a comic gets in trouble is when no one laughs.

  17. Phoenix says:

    Jcer,
    Lobbyists have all of the power. Money controls. Had this discussion about a week ago over tariffs on solar panels. In America (and other places) humans do not always do the right thing, they do what is profitable. Capitalism gets in the way. Lobbyists get in the way.
    For example, penicillin (injectable form) extremely expensive, no one wants to make it anymore. Used to be very inexpensive. Still very useful, needed for prevention of certain conditions. Something that was invented years ago, but if you can’t line someones pockets with gold don’t bother. Antibiotics in general are not profitable for drug companies (take it short term, problem solved, no more profit), yet statins, NSAIDS, etc very profitable as you take them for years and years.
    Most things are a double edged sword, capitalism is one of them.

    “The government should pump money into research and credits for adoption of green energy “

  18. grim says:

    If you disagree with Trump’s decision on the Paris accord.

    Go out today, replace all the bulbs in your house with LED.

    If you do not, you are a hypocrite.

  19. Blue Ribbon Teacher says:

    The problem with the people’s opinion and climate change is that they equate it to armageddon. Even if NYC was going to be flooded by 2100, it doesn’t matter. It’s not like people will pack up their belongings and trek outwest on foot. That’s 80 years from now. It would take less time to build a whole new city with a much better design. We can call it, New New York City. Might be better for us in the long run. We could finally eliminate the Port Authority.

  20. grim says:

    Stu, that’s nothing.

    Let me take you through Paterson.

  21. Ottoman says:

    There are parts of Summit that still look like Bayonne. A lot of downtown Millburn is pretty effing ugly. Maplewood is connected to Irvington and Newark, yet made the list of highest price appreciation posted yesterday. Pretty sure the article didn’t say Bayonne was going to equal or surpass JC and Hoboken for value, just that it’s appreciation may be imminent.

    In a world where companies are still paying people to live in downtown Newark despite Whole Foods and great train service, there will be a lot of appeal for people moving to brand new, more or less self contained complexes that close to Manhattan, with lower prices than other perceived safe zones.

    “Bayonne, really? Bayonne has a few issues. First is has residential character post WWII and visually isn’t the nicest place. Second it is connected to Staten Island(which is NYC but hasn’t kept pace with the other boros for a good reason) and no the light rail does not really count as public transit to NYC, commute from Bayonne is longer than the suburbs. In comparison Hoboken and JC have the PATH and a distinct urban character. Bayonne will be viable but it isn’t comparable to JC or Hoboken. JC isn’t even built out and Harrison and Newark are better prospects for development because of transit connectivity. This is a clear sign to me that the market is overheating, Bayonne’s time hasn’t come yet.”

  22. Ottoman says:

    I don’t agree or disagree. I do remember lefties, of which I’m one, realizing it was pretty much toothless and its goals, if met, would do nothing really to stop the problem. So like so much of what Trump does, this may actually accelerate real action. You know, like turning the congress Democratic even though Dems don’t deserve it.

    BTW, for those who don’t pay attention, Nicaragua didn’t join the Paris Agreement in protest because it didn’t go far enough. They were more woke than Obama.

    grim says:
    June 2, 2017 at 9:26 am
    If you disagree with Trump’s decision on the Paris accord.

    Go out today, replace all the bulbs in your house with LED.

    If you do not, you are a hypocrite.

  23. Steamy Cankles Foundation says:

    jcer…I’ve witnessed shootings, high-speed chases, lots of arrests too. One day, I was stopped at a light in the left lane on Springfield Avenue and a car comes screeching past me from behind in the opposite direction of traffic. They then cut a sharp right at the light where I was waiting to go left and slam into a telephone poll at probably 30mph. I immediately see six of what looks like 12 or 13 year old kids wearily exit the car and then run in all different directions. There are no less than 20 pedestrians milling around on this corner (and really every corner) and they barely raise an eyebrow. Every time I drive through there (which is almost daily now as my 14 mile drive from Union now averages 45 minutes on the way home at 3:30pm), I’ve got my eyes peeled. Twice now, I’ve had to gun it to get away from some very scary individuals who were either interested in my car or selling me drugs. It IS an adventure.

  24. Steamy Cankles Foundation says:

    Grim, Paterson scares me less for some reason. Though, I’ve been through some lousy areas there as well. But nothing measures up to where my friend from college lived down in Camden. He wouldn’t even let me drive him near his actual block for he feared for my well-being. Where he lived, white guys are persona non grata.

  25. joyce says:

    Hackensack seeks involuntary retirement for 6 cops
    http://www.northjersey.com/story/news/bergen/hackensack/2017/05/31/hackensack-pursues-involuntary-retirement-7-police-officers/356066001/

    Wtf is the dispute about? It sounds like they already file for disability on their own.

    “Gray said that all the officers he represents, other than Hermann, have filed to receive their disability pension already.
    Hernandez confirmed that he had applied for his disability pension and notified the department of his resignation effective Sept. 1.”

  26. 30 year realtor says:

    That neighborhood where Newark and East Orange meet east of the GSP is pretty rough. Not as tough as 12th and Rosa Parks (Graham) in Paterson. Springfield Ave at the Newark Irvington border used to be about as hardcore as it gets. My understanding is that the area has improved in the last 15 years.

  27. grim says:

    Remember the guys at Essex Co. Arson squad in Irvington telling me about how the fire department gets pelted with bottles and rocks when they respond to a crack house fire in that neighborhood.

  28. 30 year realtor says:

    Had an REO on S.22nd St in Irvington about 15 years ago. A gang was using it for their drug warehouse. When they vacated voluntarily the house was filled with siht from their guard dogs and the front was riddled with bullet holes.

  29. Steamy Cankles Foundation says:

    I always wondered why they doubled the width of the NJ Turnpike from 8A to the Pennsylvania Turnpike. They added a lane on the GSP from Mile 98 down to 84 and again from 80 down to Cape May. Yet the worst traffic spot in NJ GSP from 148 to 140 continues to be a nightmare. One can hit standstill traffic through there in both directions from 7:45am until about 10am and from 3pm until about 6:30pm Monday through Friday and any other time there is an accident, which is frequent. I know it would be a tough project as there are houses nearly on top of the highway along much of that stretch, but they need to be bought out. Or do a BQE thing and build another highway on top of the former highway. It’s horrible through there and it’s only going to get worse.

  30. The Great Pumpkin says:

    Good ol’ corrupt Hackensack making the news again.

    Here is the problem- no one gives a damn. There should be legions of Hackensack citizens protesting outside their city hall, but no one gives a damn. Then they cry about corruption.

    joyce says:
    June 2, 2017 at 9:53 am
    Hackensack seeks involuntary retirement for 6 cops
    http://www.northjersey.com/story/news/bergen/hackensack/2017/05/31/hackensack-pursues-involuntary-retirement-7-police-officers/356066001/

    Wtf is the dispute about? It sounds like they already file for disability on their own.

    “Gray said that all the officers he represents, other than Hermann, have filed to receive their disability pension already.
    Hernandez confirmed that he had applied for his disability pension and notified the department of his resignation effective Sept. 1.”

  31. The Great Pumpkin says:

    30 year—–lmao, great story!

  32. grim says:

    Last time I drove down Governor and a few of those side streets around Parks in Paterson I had heroin dealers come up to the car. The number of dealers is astounding.

    I was in the car with my dad – he goes “how do you know they are drug dealers, you don’t know they are drug dealers”

    I go, ‘watch this’ as I roll down my window.

    Not an idiot, I did this when the light was turning green.

  33. The Great Pumpkin says:

    What a joke.

    ““I had to choose for my family,’’ said Aledie Amariah Navas Nazario, 39, a pediatric pulmonologist who left behind young asthma patients when she, her husband and two small daughters moved to Orlando, Florida.

    The population drop is astonishing. The island has lost 2 percent of its people in each of the past three years. A comparable departure from the 50 states would mean 18 million people moving out since 2013. About 400,000 fewer Puerto Ricans live on an island of 3.4 million today compared with a decade ago, when its economy began contracting.”

    https://www.bloomberg.com/news/articles/2017-06-02/-i-had-to-choose-for-my-family-thousands-fleeing-puerto-rico

  34. JJ fanboy says:

    Pumpkin how is that a joke? People move when there is a lack of jobs.there are ghosts towns all over the us. Detroit has lost half its population.

  35. Phoenix says:

    Bipolar country. Put them up, take them down. Reminds me of the commercial for Planet Fitness..

    1979 – PRESIDENT JIMMY CARTER INSTALLS 1ST WHITE HOUSE SOLAR PANELS
    1981 – PRESIDENT RONALD REAGAN ORDERS SOLAR PANELS ON THE WHITE HOUSE REMOVED

    Trump: “China will be allowed to build hundreds of additional coal plants. So, we can’t build the plants, but they can, according to this agreement.”

    CHINA IS NOW THE WORLD’S LARGEST SOLAR POWER PRODUCER
    https://www.digitaltrends.com/cool-tech/china-solar-energy/

    What 4 million solar panels in China look like from space
    http://www.businessinsider.com/china-solar-panels-from-space-photos-2017-2
    grim says:
    June 2, 2017 at 9:26 am
    If you disagree with Trump’s decision on the Paris accord.

    Go out today, replace all the bulbs in your house with LED.

    If you do not, you are a hypocrite.

  36. The Great Pumpkin says:

    That’s the joke. This type of mentality. Run the bill up and then flee.

    “Puerto Rico’s bond debt has grown 87 percent since 2006. A simple way for individual islanders to avoid having to pay it is to move to the mainland.”

  37. JJ fanboy says:

    How are the people leaving responsible for running up the bills? Are you to blame for the pension shortages in NJ and the state and municipal debt?

  38. Phoenix says:

    JJfanboy,

    2 problems-investor drug users and their government drug dealers.
    On another note,I understand why, but don’t agree that investment income should be taxed at a lower rate than earned income. I guess a doctor who saves your life working should pay more in taxes than a guy who sits on the couch eating donuts and trading stocks…

    The Puerto Rican debt crisis has many origins. Most notably, investors in Puerto Rican municipal bonds have received favorable tax treatment for years. Bond investors from all 50 states have taken advantage of this benefit by purchasing Puerto Rican bonds. When a government issues bonds, it is effectively lending money, with interest, to bondholders. Prompted in large part by this tax advantage, Puerto Rico issued too much bond debt and began relying on borrowed funds from bond issuance to balance its budget.

    Read more: The Origins of the Puerto Rican Debt Crisis | Investopedia http://www.investopedia.com/articles/investing/090915/origins-puerto-rican-debt-crisis.asp#ixzz4irFnyd3S

  39. The Great Pumpkin says:

    Is this comedy hour? They are beating us to the punch because our management is focused on proving there is no such thing as climate change. What a bunch of fools.

    “Trump: “China will be allowed to build hundreds of additional coal plants. So, we can’t build the plants, but they can, according to this agreement.”

    CHINA IS NOW THE WORLD’S LARGEST SOLAR POWER PRODUCER
    https://www.digitaltrends.com/cool-tech/china-solar-energy/

  40. JJ fanboy says:

    Is pumpkin the guy that bragged about barbecuing in his garage ? Or is he Don@ld under a different name? Or is he clot or bc bob trolling?

  41. JJ fanboy says:

    This sight is like xojane but for middle aged dudes

  42. 3b says:

    Pumps. You are still so very clueless.

  43. The Great Pumpkin says:

    Yes, you enjoyed the fruits of this debt whether you realize it or not.

    And don’t sit here and blame the pension for the debt. How many years did the state go without putting a single penny into that fund? Did you go protest to the state that this would lead to a problem in the future? No, you just took the money and now want to run.

    JJ fanboy says:
    June 2, 2017 at 11:09 am
    How are the people leaving responsible for running up the bills? Are you to blame for the pension shortages in NJ and the state and municipal debt?

  44. 3b says:

    Stu we are going to south orange tonight to the performing arts center do you know if that area is decent? Not familiar with the different oranges. Also is the parkway my best bet coming from Bergen?

  45. grim says:

    Kilowatt for Kilowatt, LED Lighting is having a bigger positive impact than all the rooftop solar in the entire United States.

  46. grim says:

    If everyone replaced one incandescent lightbulb with an LED bulb today, tomorrow, the equivalent of 44 power plants would shut down permanently.

  47. grim says:

    Walmart’s idiotic attempts to compete with Amazon.

    How did those lockers in the Walmart stores go?

    You know, where you order something online, wait 3 days, then go to the store to pick it up from a locker in the front foyer.

    Makes sense.

  48. The Great Pumpkin says:

    I have to laugh at Trump, I’m sorry. This is comical. China is fast becoming the leader in the climate fight, yet he spewed this nonsense. Of course his followers ate it up. Really can’t make this stuff up…..this is our President? Wtf world am I living in?

    “Trump’s tweet said, “The concept of global warming was created by and for the Chinese in order to make U.S. manufacturing non-competitive.””

    “On Jan. 18, after Sanders had attacked Trump’s climate change views in the Democratic debate, Trump told Fox & Friends, “Well, I think the climate change is just a very, very expensive form of tax. A lot of people are making a lot of money. I know much about climate change. I’d be — received environmental awards. And I often joke that this is done for the benefit of China. Obviously, I joke. But this is done for the benefit of China, because China does not do anything to help climate change. They burn everything you could burn; they couldn’t care less. They have very — you know, their standards are nothing. But they — in the meantime, they can undercut us on price. So it’s very hard on our business.””

  49. The Great Pumpkin says:

    Lmao! Just imagine how much someone was paid for coming up with this idea.

    “You know, where you order something online, wait 3 days, then go to the store to pick it up from a locker in the front foyer.

    Makes sense.”

  50. Grab them by the puzzy says:

    @kurteichenwald
    We now live in a country where the untrained
    think they understand science, history & medicine
    better than scientists, historians & doctors.

    jcer says:
    June 2, 2017 at 9:12 am

    Here is my problem with the climate

  51. Grab them by the puzzy says:

    @RobertIger

    As a matter of principle,
    I’ve resigned from the President’s Council over the
    #ParisAgreement withdrawal.

  52. Fast Eddie says:

    It astonishes me that people really think this Paris Accord has something to do with saving the planet from the boogey man. How do you argue with narrow-minded m0rons?

  53. Grab them by the puzzy says:

    @EmmanuelMacron

    We all share the same responsibility:
    make our planet great again.

  54. Grim says:

    When does the Paris Accord have China stop building coal power plants?

    Oh wait, it doesn’t.

  55. Fast Eddie says:

    When does the Paris Accord have China stop building coal power plants?

    I know. And India and China have no obligation to do anything until 2030. What a ruse and money grab.

  56. jcer says:

    puzzy the science has been corrupted and is far from conclusive(there certainly is merit to the concept that carbon in the atmosphere has an effect but how to quantify it is elusive). I got into an argument with my father in law over this. He was incensed that I questioned the climate change mantra by questioning why it was the climate “scientists” have not been able to create an accurate model at all, I didn’t “deny” global warming or climate change just stated our understanding is VERY incomplete. He was droning on until my wife basically mentioned that we do all of this energy efficient stuff, pay extra for clean energy and buy carbon credits, while he does nothing but be smug about it.

  57. The Original NJ ExPat says:

    I love, love, love, the left meltdown over the Paris Climate Accord. What a bunch of morons.

  58. The Original NJ ExPat says:

    Does anybody here know what is in the Paris Climate Accord? Of course you don’t. If. per chance, you do, did your see it on TV? Of course you didn’t.

  59. Steamy Cankles Foundation says:

    Jcer. You are wasting your time explaining it. In the era of divisive politics, what you are saying is simply not acceptable. The sheeple must follow the playbook to the end. Like the Branch Davidians.

  60. Steamy Cankles Foundation says:

    SOPAC is fine, BTW. The GSP might suck since it’s Friday night during the Summer and you are heading south. Check the Waze. I have to get to Union for a 4:45 hockey game. Sadly, will probably have to pick my kid up from school at 3:00 with the bag in the car to make it the 12 miles to the rink to be safe. I hate this state.

  61. The Great Pumpkin says:

    The problem with the renewable movement, it goes against our obsession with “profit” and forces us to make the painful investments to try and get us off fossil fuel. We all know fossil fuel can’t be used forever, and besides, everyone knows it’s slowly killing our planet, so I don’t know why it’s not in every single person’s interest to do something about it before it’s too late. It doesn’t take Einstein to figure out that we can’t survive, or maintain this population, on fossil fuels forever. The longer we wait, the bigger the problem grows, and the more painful the investment to fix it.

  62. 3b says:

    Thanks Stu. Appreciate it. What is the waze? And do you know if there is garage parking there?

  63. Steamy Cankles Foundation says:

    That area has plenty of parking. Especially if you are willing to walk a block or two. The Waze is a smartphone app that routes you around traffic. Google Maps is supposed to incorporate it, but doesn’t do as good of a job.

  64. Steamy Cankles Foundation says:

    If you want to save the world, buy American. Right. It’s too expensive. You could always stop the lobbyists!

  65. The Original NJ ExPat says:

    I like the new Sean “less Spicier”. Acosta must lose about half of his boner.

  66. Xolepa says:

    LED lighting..hmmm. Two years ago, I installed a house generator panel for our 12.5kw natural gas fired unit. I waited about 6 months after receiving it before I started the installation. The panel has an electrical usage meter for each phase. And it has a max of 24 breakers/100 amps. Just before I completed the installation, I swapped out 90% of all bulbs in the house and basement with LEDs. Turns out my meters now show that I am using only 1/3 of the generator max load. That’s when my 1hp well pump kicks in. Negligible use, otherwise. I am now kicking myself for not getting a larger capacity panel and doing just about the whole house.
    Can’t do the hot tub, though. That baby sucks in 50amps alone at kick-in time.

  67. Steamy Cankles Foundation says:

    Heating elements combined with pump compressors are a large load.

  68. chicagofinance says:

    I won’t really wade too far into this climate change discussion other than to say I have become so paranoid and cynical of everyone in a public facing position. It appears that there is such a chasm between what people say and do in public, and the real machinations and calculation done in the background.

    Maybe an easy way to characterize it is “avoid saying what I think”, and focusing more on “what do I think people want to hear”.

    I find the surety of the green advocates’ rhetoric so out of proportion with the scientific evidence…….but that said, I don’t care, it is really about outcomes, and manipulating this issue for other strategic purposes.

    Too bad that Trump is such a reprehensible and unprofessional scum, coupled with the baggage of the stuff he said on the campaign trail. In reality his comments yesterday were actually very reasonable and thoughtful…..not relative to the climate change issue, but rather OUTCOMES…..where are we going as a country and how will we partner with everyone else.

    I think it is fair to say that the U.S. is being played for a sucker, and Trump has a good point. The problem is that he has no credibility.

  69. chicagofinance says:

    note:
    the Eurozone is dysfunctional and jealous; India wants to grow; China feels chronically disrespected (although they should be, because they are a second rate country)……these partners would like nothing better than to hamstring the U.S., if only to drag us backward….

  70. Fabius Maximus says:

    Paterson, I got 40 mins in and turned it off. Just couldn’t get into it.

    ExPat, we actually have something in common. I have a 70’s Lancia that uses some of the parts of that Fiat engine.

  71. Juice Box says:

    “what do I think people want to hear”

    “What they don’t want to hear” is they have to stop having babies.

    We simply cannot continue this population boom driven by industrialization without fossil fuel. The 7.5 billion humans that are alive today would not have been possible without fossil fuels to power our industries. Projections are the population may grow over the next century to 11.5 billion. How is that even possible without fossil fuel? In the last 250 years from the beginning of the Industrial Revolution to today, the world human population has increased by six and a half billion people.

    Pray/Pay to invent portable cold fusion or start the forced sterilization, or we will end up in the next 75 years with billions of warring vegans. ( There is no meat in my dystopian future, the oceans have been fished dry, the cows and chickens and pigs are all gone, even cats and dogs no longer exist. The only meat would be soylent green but that would be some other writer’s story.

  72. Fabius Maximus says:

    The problem with the Climate change discussions is the the Koch brothers poisoned the well with their research funding and think tanks. Its hard to have a straight discussion with so much misinformation floating around.

  73. Ponderer says:

    Just got done with my lease turn-in inspection and looks like I’m going for get clipped for 4 new tires ($200 bucks for each). Anyone have experience on how to deal with this? Can I replace the tires myself with some used ones? Where do even go for used tires?
    The inspector said I need to call the lease company to see what they have to say. Really not happy about having to shell out $800 bucks for another 3 weeks of driving! Is it too late now? Should I have replaced them with used tires before the inspection? (Not looking to lease from the same brand BTW so no negotiable angle there.)

  74. Steamy Cankles Foundation says:

    “I think it is fair to say that the U.S. is being played for a sucker, and Trump has a good point. The problem is that he has no credibility.”

    And in the era of divisiveness, it’s especially refreshing to realize that a “few” of us get this.

    My liberal friends on Facebook are all photoshopping their homes into the ocean. Oy!

  75. Fast Eddie says:

    Of course, it’s the Koch Brothers fault. I think Hillary mentioned they were another reason why she lost.

  76. Steamy Cankles Foundation says:

    Fab…I agree. But the truth lies in between. I’m a bit of a weather geek and most meteorologists don’t believe this warming to be human induced. Then there is all of the provenly fudged data that keeps coming out and the lack of proof of causation and it does make one question the science. Humans have a very tough time understanding statistics. It’s why the lottery and insurance are both so popular.

  77. Steamy Cankles Foundation says:

    Speaking of insurance, I have a very bright friend who actually purchased the Gerber life insurance for their baby.

  78. No One says:

    The funnier joke is that this is exactly what is going on in Pumpkin’s beloved high-tax/high-spend NJ. Of course nobody would ever flee NJ, would they, especially not our civil servants when they retire? Last one left in NJ pay all the government pensions!
    NJ debt rose from $11bn in 2006 to $22bn in 2016. You’re a “financial analyst,” how does 100% growth compare to 87%?
    http://www.usgovernmentspending.com/spending_chart_2006_2016USb_18s2li111mcn_H0t

    The Great Pumpkin says:

    June 2, 2017 at 11:06 am

    That’s the joke. This type of mentality. Run the bill up and then flee.

    “Puerto Rico’s bond debt has grown 87 percent since 2006. A simple way for individual islanders to avoid having to pay it is to move to the mainland.”

  79. No One says:

    Steamy,
    1) I will donate an additional $500 in NJ taxes this year if Pumpkin hangs out a full night on that street corner you posted. Do it for the children!

    2) The more hysterical someone becomes about how certain a) their hypothesis, b) their long term forecasts based upon models, and c) their predictions about the secondary effects of their long term forecasts, the more apparent it should be that they are dishonest.

    3) “News” people are freaking out about the Paris decision, and at the same time writing and saying things about many related topics, including some about various energy/industrial enterprises about which I have some direct knowledge. At least 80% of what journalists say about these things are blatantly wrong and misleading and biased toward environmentalist propaganda. When they interview people who attempt to speak the facts on these matters, “journalists” suddenly become editorialists and ridicule, laugh at, and generally dismiss these sources, since it doesn’t fit their narrative.

  80. jcer says:

    Juice, the Western world is doing it’s part, most countries have declining population. The ending is war with China, have your nukes ready.

  81. Anon E. Moose, Ghost of JJ says:

    grim says:
    June 2, 2017 at 9:26 am
    If you disagree with Trump’s decision on the Paris accord.

    Go out today, replace all the bulbs in your house with LED.

    If you do not, you are a hypocrite.

    Exactly (and I do replace with LEDs). “I’ll believe global warming is a crisis when the people who tell me its a crisis start acting themselves like its a crisis.” – Prof. Instapundit.

    E-mail exchange where Hillary wants her own private plane to Betty Ford’s funeral, rather than riding in first lady Michelle Obama’s (private) plane.

  82. jcer says:

    Yes the most hypocritical action is the private plane flights in the name of fighting global warming don’t they know how much carbon that generates?

  83. chicagofinance says:

    I know…..as an aside, I produce forecasts for people as part of my job…….people are so attached to precision…..I push back that just because something is precise, does not imply it is accurate…..my best clients get it….some are all trees and no forest…….or better in this vein, all carrot-and-stick….

    No One says:
    June 2, 2017 at 3:51 pm
    Steamy,
    2) The more hysterical someone becomes about how certain a) their hypothesis, b) their long term forecasts based upon models, and c) their predictions about the secondary effects of their long term forecasts, the more apparent it should be that they are dishonest.

  84. chicagofinance says:

    I understand Iger & Immelt…..by why Blankfein (there has to be some good backstory)? Also, Elon Musk…..wouldn’t he be better served leaning directly on Trump up close, instead of taking his ball and going home?

    I make the fundamental assumption that everyone is solely focused on money and business interests……I don’t think for a second that any of these bastards have integrity…..

  85. No One says:

    Considering how much government teat-suckling Musk does, it’s surprising that he leaves. But considering how much his rich and green customers despise Trump, it’s not surprising.
    I was guessing that Musk would cozy up to Trump and sweet-talk him into even more subsidies and special favors. Maybe he feared even his most fervent seat-sniffers would start boycotting Tesla for associating with Trump.

  86. No One says:

    chifi,
    Yep, we see the same stuff, sometimes the same people. “Chief Economists” or “Head Strategists”, people assume all their computers or PhDs allow them to foretell the future, when all too often they are just PR/Sales people pitching a story with an agenda behind it. People won’t listen to them if they admit they only get 55% of their predictions right (or 45%). Not all are bad and some are even useful, but their overconfidence is what tends to get them in the position of being a persuasive speaker.
    I would expect to see the same dynamic in climate bureaucracies.

  87. grim says:

    why Blankfein (there has to be some good backstory)?

    Commodity positions, investment positions, etc etc.

    Where he sits is where he stands. GS took a position, Trump’s decision puts them on the wrong side of the trade.

  88. Blue Ribbon Teacher says:

    China is fast becoming the leader in the climate fight

    I love how people think that because they put solar on their home that they’ve done their part. This is a complete joke. China is the biggest polluter in the world right now. A dense fog of crap engulfs their cities. China is where we were in the 40s with respect to the environment. Building some solar panels doesn’t change that.

  89. No One says:

    BRT,
    I wouldn’t be surprised to learn the Chinese government donates money to green groups in return for them repeating this blatantly faulty narrative. Especially the watermelons, which is most of them (green on outside, red on inside).

  90. The Original NJ ExPat says:

    griem – LOL. 4 cylinder Olds? It had to be be a ….wait for it….Starfire, right?

    Years back when I first got my license, I borrowed my moms car pretty often. It was an Olds, but was one of the first cars with a pack-on-plug ignitions. Had this ignition gremlin where a cylinder wouldn’t ignite, and it would just blow fuel out.

    Driving back on the parkway one night, it starts stuttering, bad. I figured it was running on 2 of the 4 cylinders. I had to gun it just to keep it running. Didn’t want to die on the parkway because I didn’t have the cash for the very expensive tow. Pedal to the floor. 40mph. 30mph. 20mph.

    At some point, the fuel in the exhaust ignited – probably soaked the packing in the muffler.

    Kaboom, looking back in the rear-view, it was like some kind of aerial fireworks went off under the car.

    Blew out the muffler, most of the catalytic. The exhaust under the car was glowing white hot. I walked down a couple car lengths and waited for either the tow truck, or the car to blow up.

  91. The Great Pumpkin says:

    So you are of the position that there is no hope for the future? Fossil fuel is the only answer?

    No One says:
    June 2, 2017 at 9:35 pm
    BRT,
    I wouldn’t be surprised to learn the Chinese government donates money to green groups in return for them repeating this blatantly faulty narrative. Especially the watermelons, which is most of them (green on outside, red on inside).

  92. The Great Pumpkin says:

    The 8 highest market cap companies in the world* have all voiced support of the Paris climate accord. The world is acting. The transition away from fossil fuels is happening. The only question is how fast, and how much damage we accrue in the meantime. Trump is on the wrong side of history.

    * – In order, the highest valuation publicly traded companies in the world are: Apple, Google, Microsoft, Amazon, Facebook, Berkshire Hathaway, Johnson and Johnson, and Exxon Mobil. All of them have expressed support for staying in Paris, including Exxon Mobil.

  93. The Great Pumpkin says:

    So we are to go against Exxon Mobil on this issue? We are to go against the top 8 companies in the world, who all agree 100% that there is a problem.

  94. No One says:

    Pumpkin, your Dunning-Krueger disability strikes again.
    I look forward to you now following all recommendations of major corporations’ PR departments in the future.

  95. yome says:

    Here is a bigger story written in 2012 before the Paris Accord that no one is talking about.

    Contrary to popular belief, the U.S. is making progress on climate change.

    We have cut our carbon emissions more than any other country in the world in recent years — 7.7 percent since 2006. U.S. emissions fell 1.9 percent last year and are projected to fall 1.9 percent again this year, which will put us back at 1996 levels. It will not be easy to achieve the reductions Obama promised in Copenhagen — 17 percent (from 2005 levels) by 2020 — but that goal no longer looks out of reach, even in the absence of comprehensive legislation.

    Why isn’t this extraordinary story a bigger deal in U.S. politics? You’d think Obama would be boasting about it! Turns out, though, it’s a little awkward for him, since several of the drivers responsible are things for which he can’t (or might not want to) take credit.

    http://grist.org/climate-policy/u-s-leads-the-world-in-cutting-co2-emissions-so-why-arent-we-talking-about-it/

  96. yome says:

    The Paris Accord is about giving money to the 3rd World Countries to cut their emission at a given time framework. Countries like China,India etc are allowed to put more CO2 Emission in the atmosphere until they reach their Peak before 2030,while they are expected to get Millions of $ from the developed Countries

    https://www.carbonbrief.org/how-much-of-chinas-carbon-dioxide-emissions-is-the-rest-of-the-world-responsible-for

  97. Crack cocaine smoking gay prostitute says:

    Only way to live in Bayonne and stay sane is take drugs everyday. Bayonne girls who sell bodies do well versus local peers.

  98. Crack cocaine smoking gay prostitute says:

    $5 per hour = Bayonne girl

  99. Crack cocaine smoking gay prostitute says:

    Kevin Montone is typical Bayonne man.

  100. Crack cocaine smoking gay prostitute says:

    When I need crack cocaine and a little bit o’ lovin’ I head to Bayonne (<$20).

  101. The Great Pumpkin says:

    “Naturally, the state’s Republicans have blamed the exodus on high taxes, an unfriendly business climate, and expanded social welfare programs. But the financial services firm UBS moved to Manhattan. General Electric, as Gross has noted, left for Taxachusetts. (It got a big tax break to do so, but employees will still pay blue state income and property taxes.) And millionaires relocate less than everyone else and don’t seem to respond predictably to different tax regimes. Connecticut still has the nation’s highest per capita income.”

    Why companies are fleeing one of America’s richest states – Business Insider
    https://apple.news/A9-5ztgyJRTiG3mO4uCxLXQ

  102. The Great Pumpkin says:

    “The deeper, more daunting question is what besides a tax break will make Connecticut a place people want to live and work. The state still hasn’t found the answer”

  103. Phoenix says:

    Taxes are high because of debt/promised liabilities/lack of maintenance due to those failing to keep up with repairs/savings toward repairs. This exists because the actors that came before did not pay their bill. Locusts.

  104. walking bye says:

    They are leaving also because they are having a hard time drawing young talent. Who wants to relocate to CT to buy a POS split when you can get a new home in the South. Aetna is the latest to consider leaving even with financial aid from the state, they would rather go elsewhere becuase they ” aimed to broaden access to innovation and talent”

  105. abeiz says:

    Steamy Cankles Foundation = probably the whitest guy on this board

  106. Juice Box says:

    London terrorist attack again.

    Taxi driver Chris told LBC: “I didn’t see the van mount the curb, but I saw everything else.

    “A van came from London Bridge itself, went between the traffic light system and rammed it towards the steps. It knocked loads of people down.

    “Then three men got out with long blades, 12 inches long and went randomly along Borough High Street stabbing people at random. I saw a young girl stabbed in the chest.

    “I said to the guy in my cab I was going to try to hit him, I was going to ram him. I turned around and tried, but he side-stepped me.

    “Then there were two police officers running towards him with their batons drawn, they didn’t know what was happening.

    “There was a guy with a really long blade stabbing randomly people.

    “I told people to turn around and run away. It sickened me to the pit of my stomach. An absolute animal.”

    http://www.lbc.co.uk/news/london/central/southwark/london-bridge-witnesses-12-inch-blades-and-gunfire/

  107. The Great Pumpkin says:

    Age old problems with wealthy areas….young people are locked out. Nj gets a lot of Asian immigrants to make up for this. Could be what separates nj from conn, their lack of Asian immigrants. People waiting for northeast jersey to drop based on baby boomers leaving might have blown their call by not taking into account the strong immigration patterns in nj (and these are not all uneducated 3rd world type immigrants). So they don’t destroy the education system of whatever town they go to, they improve it.

    walking bye says:
    June 3, 2017 at 6:58 pm
    They are leaving also because they are having a hard time drawing young talent. Who wants to relocate to CT to buy a POS split when you can get a new home in the South. Aetna is the latest to consider leaving even with financial aid from the state, they would rather go elsewhere becuase they ” aimed to broaden access to innovation and talent”

  108. The Great Pumpkin says:

    Just want to make it clear….Asian also applies to Middle Eastern Muslims. Those guys are killing it up here in north jersey. All drive land rovers. Without them and the other Asians, this nj market would be much different.

  109. The Great Pumpkin says:

    Just think of the Asian impact on housing in Canada and West coast. Once again, nj’s location saves its a$$. If we did not have our current location next to NYC, they would never come here. No way in hell could this economy be what it is without those immigrants.

  110. The Great Pumpkin says:

    For example, my brother (35 years old millennial) put a bid on a home in montville about 3 weeks ago. Who outbid him? An Asian couple. At least he was fortunate enough to have my sister have a friend show them their house in Wayne before it went on the market. So he will now be moving to Wayne.

  111. The Great Pumpkin says:

    Great, so we are now supplementing the retirement of citizens in other countries. You want to retire there, ask that govt to support you. Such bs.

    “There’s no accurate way to measure the phenomenon, but the Social Security Administration was sending payments to 380,000 retired U.S. workers living abroad in 2014 — up 50 percent from a decade ago.”

    Read more here: http://www.charlotteobserver.com/news/nation-world/world/article154209369.html#fmp#storylink=cpy

  112. The Great Pumpkin says:

    I apply the same thought process to public worker pensions. You have to stay in this state to receive that support. Sorry, but not sorry. If you don’t plan on retiring in nj, don’t be a public worker. Not cool taking that money to some other state after all this state has done for you.

  113. chicagofinance says:

    steam….. Holman Jenkins

    OPINION BUSINESS WORLD

    Trump Skips Climate Church

    Paris exists to provide an imprimatur to what politicians would do anyway.

    By Holman W. Jenkins, Jr.

    The business case for the Paris agreement has nothing to do with climate change. It goes like this: It is better to be part of any confab than outside of it. Like saluting the flag or bowing your head in church, there is no cost to being insincere, but there is a cost to not going along.

    Let us understand something: 195 countries will not be dragged kicking and screaming to sign any agreement that imposes a cost on them. Such deals exist only because they provide an international imprimatur to what politicians were going to do anyway.

    The oil countries like Saudi Arabia and Norway signed. They plan to keep producing oil. India and China plan to grow energy consumption until it is similar to the per capita consumption of the developed countries, at which point it will level off.

    The U.S. and Europe intend to keep subsidizing green energy as long as domestic voters give them permission to do so, because the whole point of being in office is to redirect resources to interest groups best able to reward politicians for doling out the goodies.

    The Paris countries agreed to meet certain emissions targets, and claimed an intent to hold a planetary temperature increase to less than 2 degrees Celsius.

    Not only are the emission targets unenforceable, they have no intelligible relation to the temperature goal according to the very iffy science. By the shot-in-the-dark estimates of the Intergovernmental Panel on Climate Change, it’s even possible the rest of the century will bring little warming anyway.

    And that’s good. Because the unenforceable cuts agreed to in Paris would be a rounding error even if carried out.

    In the 30 years since global warming became a daily concern of the newspapers, one lesson has been reliably demonstrated for policy participants: There is no appetite in the body politic for the kinds of energy taxes and prohibitions needed to make a meaningful change in atmospheric CO 2 .

    We won’t dwell on the media hysteria since the Trump decision, or why many of you, dear readers, in defiance of your own reason, will participate in the hysteria even when you know better. Human beings are social animals. When a mob is forming, we experience high anxiety if we’re not part of it.

    Agreements like Paris arguably aim at the wrong target anyway. Only when technology can meet mankind’s energy demand at competitive cost will low-carbon energy prevail. Governments would be wise to invest in basic energy research rather than throwing money at energy technologies that are viable only as long as the subsidies keep flowing. But the latter is what brings in the political bacon.

    Oh well. Hypocrisy is the universal solvent of social relations. This also explains the other big climate story of the day, which reporters have given themselves hypoxia trying to inflate the significance of. We’re referring to the vote by 62% of Exxon shareholders, led by giant funds Vanguard, Fidelity and BlackRock, to ask the company to explain how the Paris temperature target would affect its business.

    For 30 years there has been push-and-pull in politics over climate change. During every nanosecond of that time, at least while markets were open, investors were repricing energy shares in light of the possibility of climate change legislation.

    Exxon has nothing new or useful to tell investors in this regard. Would a carbon tax be good for bad for the company? It would accelerate the displacement of coal by natural gas, which Exxon produces. Is an electric-car battery in the offing that would go 300 miles and be rechargeable in a five-minute stop at a charging station? Probably not. In which case, even a sizable carbon tax would be unlikely to make much dent in the 8% of global emissions caused by passenger cars. Americans bought 143 billion gallons of gas last year when the price was $2.25; they bought 133 billion gallons in 2012 when the price was $3.64.

    “Our patience is not infinite,” huffed a statement by BlackRock, the $5.4 trillion Wall Street fund, as it voted for Exxon’s climate penance.

    This gesture, of surpassing meaninglessness, is a case of one prominent institution trying to buff up its reputation for church attendance at the expense of another.

    And yet, regardless of Mr. Trump’s Paris decision, only one large national economy has been reporting sizable emissions declines, thanks to fracking. The same economy may soon also be able to take credit for slowing China’s prodigious emissions growth thanks to natural gas exports to displace Chinese coal. That country is the U.S. under the unthinkable monster Donald Trump. Whatever evolution toward a lower-carbon energy system takes place in the future, it will also certainly be driven overwhelmingly by technology and markets, not policy.

    Appeared in the June 3, 2017, print edition.

  114. chicagofinance says:

    BEST LINE

    The U.S. and Europe intend to keep subsidizing green energy as long as domestic voters give them permission to do so, because the whole point of being in office is to redirect resources to interest groups best able to reward politicians for doling out the goodies.

  115. chicagofinance says:

    also good

    In the 30 years since global warming became a daily concern of the newspapers, one lesson has been reliably demonstrated for policy participants: There is no appetite in the body politic for the kinds of energy taxes and prohibitions needed to make a meaningful change in atmospheric CO 2 .

    We won’t dwell on the media hysteria since the Trump decision, or why many of you, dear readers, in defiance of your own reason, will participate in the hysteria even when you know better. Human beings are social animals. When a mob is forming, we experience high anxiety if we’re not part of it.

  116. Blue Ribbon Teacher says:

    I sat through a presentation that cited food supply concerns for reasons to curb global warming. Fossil fuels are the only thing that ever increased food supplies to the levels that they are. Moreover, longer temperatures will only extend the growing season. The hysterics surrounding this issue only point to the supposed negatives and refuse to acknowledge a single benefit.

  117. Newbomb Turk says:

    They can have my fossil fuels when they peel mah coold ded hands off it…-All of LA County.

  118. STEAMturd questioning the gender of Hillary's Cankle fluid. says:

    “Human beings are social animals. When a mob is forming, we experience high anxiety if we’re not part of it.”

    This is the definition of sheeple.

  119. R We Great Yet? says:

    Someone — a steeple — perhaps explain to me why it is a good idea to further arm Saudi Arabia?

  120. The whitest guy says:

    Is that an anti-trump statement? Or just an anti-America statement. Because the king of the drones sold plenty of equipment to our enemies too.

Comments are closed.