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The ABC’s Of G-R-E-E-N


Geee

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Issues & Insights

The 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27) is currently underway in Egypt. With American visionaries such as Nancy Pelosi, Al Gore, and John Kerry featured speakers, how could anything go wrong?

Once again, it is frustrating to hear politicians and activists advocating astoundingly wasteful, mostly ineffective, and sometimes destructive “green” policies and programs. Thereby, we lose the opportunity to fund initiatives that could make a difference, as resources are squandered on you-can’t-get-there-from-here virtue-signaling.

The Basics

Unlike most other greenhouse gases (GHGs), once emitted, carbon dioxide (CO2) remains in the atmosphere for 300-1,000 years, because the sun does not break down CO2 as it does more complex molecules. The concentration of the gas in the atmosphere thus steadily increases because emissions are greater now than what is finally dissipating from the pre-industrial periods. By cherry picking arguments or models or citing predictions that did or did not come to pass, we can debate endlessly the impact of the accumulation of CO2 on today’s climate, but it is undeniable that humans are a major contributor to the buildup. That leaves us with two feasible options to slow the accumulation: limiting emissions or capturing and sequestering the gas (more on that later).  

It is irrelevant where the CO2 originates, because there is plenty of time for it to disperse widely. The U.S. emits about 13% and the European Union about 7% of the world’s total – and overall, “the West” accounts for 25% – so any globally effective mitigation policies must be economically sensible for the other 75%. Until such measures are found, we are fighting a losing battle. A September Wall Street Journal editorial put it succinctly:

 

“Anything the U.S. does to reduce emissions won’t matter much to global temperatures. U.S. cuts will be swamped by the increases in India, Africa and especially China. Look no further than China’s boom in new coal-fired electricity.”:snip:

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1 hour ago, Geee said:
the-abcs-of-g-r-e-e-n
Issues & Insights

The 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27) is currently underway in Egypt. With American visionaries such as Nancy Pelosi, Al Gore, and John Kerry featured speakers, how could anything go wrong?

*Once again, it is frustrating to hear politicians and activists advocating astoundingly wasteful, mostly ineffective, and sometimes destructive “green” policies and programs. Thereby, we lose the opportunity to fund initiatives that could make a difference, as resources are squandered on you-can’t-get-there-from-here virtue-signaling.

 

Ever consider this might  by design?

 

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Its a Blast From The Past!

May 1, 2012
Acton Lecture Series (April 26, 2012) - Green energy advocates claim that transforming America to an economy based on wind, solar, and biofuels will produce jobs for Americans, benefits for the environment, and restore American industry. Prof. Andrew Morriss, co-author of The False Promise of Green Energy, shows that these claims are based on unrealistic assumptions, poorly thought out models, and bad data. Rather than leading us to an eco-utopia, he argues that current green energy programs are crony capitalism that impoverishes American consumers and destroys American jobs.

Andrew Morriss is the author or coauthor of more than 60 book chapters, scholarly articles, and books. He is affiliated with a number of think tanks doing public policy work, including the Property & Environment Research Center, the Regulatory Studies Center at George Washington University, the Institute for Energy Research, and the Mercatus Center at George Mason University. Morriss earned an A.B. from Princeton University and a J.D., as well as an M.A. in Public Affairs, from the University of Texas at Austin. He received a Ph.D. in economics from the Massachusetts Institute of Technology. After law school, Morriss clerked for U.S. District Judge Barefoot Sanders in the Northern District of Texas.

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