The extreme effects of climate change. Gates is happy to parrot the mindless climate “crisis” - or “existential threat” - assertions so ubiquitous in the public discussion and among the right-minded, but those are not consistent with the evidence.
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The climate industry writ large - the rent-seekers, the ideological left, the bureaucracy - is enormous and enormously destructive, economically, environmentally, and politically. Ignore the propaganda that those subsidies are tools to address the “climate crisis.” “Climate” policies would have effects on climate phenomena effectively equal to zero, a point to which I turn below.įar more centrally these efforts are payoffs for rent-seekers: the producers of uncompetitive energy and EVs, labor unions, states and localities interested in ever-more subventions from the Beltway, the federal bureaucracy striving for bigger budgets and more coercive power, an ideological left intent upon exerting ever-more control over the lives of the masses, and on and on. energy markets for the most part have taken the form of regulatory maneuvers and litigation both deeply dubious and dishonest, that is, paths that decidedly shunt aside the consent of the governed.įor its part, Congress has contented itself with an endless series of massive subsidies for producers of unconventional (that is, hugely expensive and unreliable) electricity, fuels, and electric vehicles, all of which would collapse if forced actually to compete with conventional energy and transportation technologies. Instead, efforts to force massive dislocations in U.S. All of that and more (or less) for a very reasonable price it truly is the gift that keeps on giving.Īnd the editors have succeeded in their never-ending quest to reach new depths: Bill Gates informed us recently that The Inflation Reduction Act of 2022 (IRA) “may be the single most important piece of climate legislation in American history.” That, of course, is damnation with faint praise, as Congress for decades steadfastly has refused to enact “climate legislation” - measures yielding an actual reduction in greenhouse gas emissions - for the obvious reason that any such laws would increase energy costs dramatically, an impact that would not prove salutary for the political prospects of politicians voting for it. Day after day, year after year: It delivers ignorance of basic facts, bad analysis, endless non sequiturs, dishonesty by omission.
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Always good for a laugh, the New York Times opinion page has few peers as a dependable repository of supreme silliness.