The Left is creating existential panic over climate change. They are practically telling everyone that the planet will explode if they’re not put in charge of the economy. But Democrats are ignoring one huge reality about their insane climate change agenda.
William Nordhaus, who won a Nobel Prize in Economics in 2018 for his work on climate impact, said that climate change will cost roughly 1% of GDP throughout the century, which is easily mitigated by economic growth.
But the climate hysterics on the Left pretend as if his analysis doesn’t exist.
The ambiguity is the point – they want to use emotional blackmail to gain power, and the numbers will be worked out later. Menton continued: “So, as the costs of attempting to ‘transition’ away from fossil fuels start to hit home, will anybody actually go through with the project? I think that the chance of that is about zero. China and India show how it works. To judge by their actions (rather than their words), they have long since figured out that solar and wind energy can’t succeed in running a modern economy, so they mouth empty platitudes to placate the Western zealots, make unenforceable promises that only come due after everyone is dead, and forge ahead with massive development of coal power. And even more telling are recent developments in Western jurisdictions. When the first hint arrives that fossil fuel restrictions are going to impose cost increases large enough for meaningful numbers of voters to notice, even the bluest of blue U.S. states take about three minutes to abandon their ‘decarbonization’ promises.”
China and India are developing countries who are not going to throw millions within their populations back into poverty because of climate propaganda. If all of these globalist elites were actually forced to stop flying private jets, they would change their tune in a heartbeat. Democrats are ignoring one huge reality about their insane climate change agenda - Blue State Blues News
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