A new study examines global climate efforts and says green pork barrel has no impact on emissions
By Holman W. Jenkins. Excerpts:
"Joe Biden’s policies are having not the slightest effect on climate change and yet somebody will still have to pay Ford’s $130,000 in losses per electric vehicle in the first quarter. This sum, a calculation shows, is equal to $64.80 per gallon of gasoline saved over four years of average driving."
"a new study this week in the prestigious journal Science. It examines 1,500 “climate” policies adopted around the world and finds only 63—or 4%—produced any emissions reductions."
"In fact, this should be old hat. One of the most cited papers in climate economics is 2012’s “Do alternative energy sources displace fossil fuels?” by the University of Oregon’s Richard York. His answer: not “when net effects are considered.”
Mr. York and a colleague returned with a 2019 empirical paper showing that while “renewable energy sources compose a larger share of overall energy production, they are not replacing fossil fuels but are rather expanding the overall amount of energy that is produced.”"
"a 2013 National Research Council study" found "that green subsidies were a “poor tool for reducing greenhouse gases and achieving climate-change objectives.”"
"When Washington spends hundreds of billions to lure some drivers to use EVs, guess what? It ends up making gasoline cheaper and more available for other consumers around the world to use.
The 2023 data have arrived. Fossil-fuel use, emissions and green energy all have grown right alongside each other, as economics predicted. Global emissions finally broke the 40 gigaton threshold, having doubled since 1984."
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.