Tag Archives: Global Warming

News

Green policies will cost hundreds of thousands of jobs per year

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Gateway Pundit has the story here.

He cites Heritage Foundation research for these figures:

Perhaps the most alarming part is the price tag associated with attempting to reduce such a small part of the atmosphere and something we really cannot control. Our analysis shows the cumulative GDP losses for 2010 to 2029 approach $7 trillion. Single-year losses exceed $600 billion in 2029, more than $5,000 per house¬hold. Job losses are expected to exceed 800,000 in some years, and exceed at least 500,000 from 2015 through 2026. It is important to note that these are net job losses, after any jobs created by compliance with the regulations–so-called green jobs–are taken into account. In total, the “climate revenue” (read: energy tax) could approach two trillion over eight years. Keep in mind, this is all for negligible environmental benefits.

The Heritage Foundation piece also makes clear how much of an impact this will have on the planet’s temperature:

Out of the entire atmospheric makeup, only one to two percent is made up of greenhouse gases with the majority being nitrogen (about 78 percent) and oxygen (about 21 percent). Of that two percent, “planet-killing” carbon dioxide comprises only 3.62 percent while water vapor encompasses 95 percent. And of the amount of carbon dioxide in the atmosphere, humans cause only 3.4 percent of annual CO2 emissions.

They have a nice graph that shows these numbers.

Ace of Spades also has nice graphs of solar activity and how well it coorelates to planetary temperature. You know, exactly in the way that CO2 doesn’t. (And Ace has a graph for that, too).

Further reading

I blogged about the United Nations’ plan to stop global warming with global wealth redistribution here. More on how much your energy prices will rise, the democrats plan to impose carbon-tariffs on imports, scientific dissent from catastrophic anthropogenic global warming, Al Gore’s refusal to debate and Obama’s plan to raise taxes on oil production.

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Global warming is a made-up crisis to justify socialism

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I just want to get this out there so that we can be clear. There is no climate crisis. The whole thing was invented, just like “nuclear winter”, in order to justify government taking control of the economy so they can equalize economic inequalities.

Fox News reports that the United Nations is proposing global redistribution of wealth from productive, free nations to unproductive, repressive ones. The rationalization for this redistribution of wealth is going to be global warming alarmism.

Excerpt: (H/T John Lott)

A United Nations document on “climate change” that will be distributed to a major environmental conclave next week envisions a huge reordering of the world economy, likely involving trillions of dollars in wealth transfer, millions of job losses and gains, new taxes, industrial relocations, new tariffs and subsidies, and complicated payments for greenhouse gas abatement schemes and carbon taxes — all under the supervision of the world body.

And Wesley J. Smith sheds more light on the topic here, where he analyzes a column by a radical environmentalist who argues that we need to prevent economic growth, on the grounds that it is harming the planet.

Excerpt:

This willingness to sacrifice human welfare is reaching a fever pitch among those who believe that global warming is a crisis of unimagined proportions–a belief that can border on quasi-religion or pure ideology. An article by David Owen–pushing the importance of economic decline to saving the planet–in the New Yorker illustrates the point.

Here’s one of the quotes from David Owen:

The environmental benefits of economic decline, though real, are fragile, because they are vulnerable to intervention by governments, which, understandably, want to put people back to work and get them buying non-necessities again–through programs intended to revive ordinary consumer spending (which has a big carbon footprint), and through public-investment projects to build new roads and airports (ditto).

I would recommend checking out the post to read what environmentalists really think about human welfare when compared to the myth of global warming. It’s important to understand what people on the left, who are advising Obama, are planning to do.

To get the real costs of what it would take to “fix” global warming, check out this post at the Heritage Foundation’s blog “The Foundry”. In this post, they explain the science, what global warming alarmists are trying to do, and how much it will cost to do it – and they done the research to prove it.

Excerpt:

Perhaps the most alarming part is the price tag associated with attempting to reduce such a small part of the atmosphere and something we really cannot control. Our analysis shows the cumulative GDP losses for 2010 to 2029 approach $7 trillion. Single-year losses exceed $600 billion in 2029, more than $5,000 per house¬hold. Job losses are expected to exceed 800,000 in some years, and exceed at least 500,000 from 2015 through 2026. It is important to note that these are net job losses, after any jobs created by compliance with the regulations–so-called green jobs–are taken into account. In total, the “climate revenue” (read: energy tax) could approach two trillion over eight years. Keep in mind, this is all for negligible environmental benefits.

UPDATE: Heritage Foundation weighs in with more on the UN’s plan for global wealth redistribution.

The U.N. conference in Bonn, Germany commenced yesterday to hash out details for an international approach to reducing greenhouse gas emissions. The goal is to have a plan ready for the global warming summit in Copenhagen at the end of the year that would supplant the failed Kyoto Protocol.

And the Competitive Enterprise Institute has a link to a piece in the WSJ about the impact to the manufacturing sector and to US trading partners.

News

Projected increases in electricity prices under Obama’s cap-and-trade policy

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Over at Michele Bachmann’s blog, I noticed that she has posted about the expected increase in electricity prices (per person) under Obama’s proposed cap-and-trade legislation. The numbers are provided by Ways and Means Ranking Member Dave Camp.

Here are a couple of the bigger increases:

  • Alabama $1,528.26
  • Indiana $1,627.46
  • Kentucky $1,798.23
  • Montana $1,717.63
  • North Dakota $4,350.56
  • West Virginia $3,972.29
  • Wyoming $7,249.54

Looks like the effect is to transfer wealth from pro-business red states to anti-business blue states. Redistribution of wealth. Equalization of outcomes. Welfare. After all, a lot of these blue states have been spending like drunken sailors, and will need to grab some money from their red-state neighbors, if they are to continue acting irresponsibly.

Here is an interesting quotation in Michele’s post, provided by the Director of the Congressional Budget Office, Dr. Douglas Elmendorf on the proposed cap-and-trade legislation:

At a Ways and Means hearing today, Congressman Camp questioned Congressional Budget Office Director Dr. Douglas Elmendorf  about the impact of this policy on consumers in other ways as well.  As Dr. Elmendorf said, “at any point in which we are putting a price on carbon emissions, that would be passed through to the cost that consumers face on energy products but also all other products that are made using fossil fuels….I don’t know if there are any goods that use no energy in their production.  It seems to me unlikely.”

I blogged here about the proposed tax hikes on oil companies, and here on the proposed cap-and-trade system and here on the proposed carbon tariffs Obama wants to impose on imported goods. And we’ve also seen that global warming is just a myth – useful crisis that leftists sell to the public in order to justify government control of the free market.