Harsanyi: Biden Admits Green New Deal Is Just a Pipedream
David Harsanyi
August 12, 2021
On Monday, the U.N. Intergovernmental Panel on Climate Change, or the IPCC, ordered a “code red,” releasing a “landmark” report warning that global warming was an existential threat to humanity, “unequivocally” blaming humans for the problem, and demanding rapid action to cut greenhouse-gas emissions. “What the IPCC told us is what President Biden has believed all along,” White House press secretary Jen Psaki noted on Tuesday. “Climate change is an urgent threat that requires bold action.”
The very next day, the Biden administration released a statement imploring the OPEC cartel to increase production of oil to help lower worldwide gas prices. “Higher gasoline costs,” the White House said, “if left unchecked, risk harming the ongoing global recovery.” The White House wants OPEC to go above the 400,000-barrels-per-day increase it already promised to implement, which doesn’t seem to jibe with the notion that we are on the precipice of the apocalypse.
As an economic matter, of course, the request makes total sense: By pressuring exporters to pump more oil, a fungible commodity, we lower costs worldwide. Even though technology continues to create efficiencies that lower emissions, modernity relies heavily on affordable and reliable energy. Economies would collapse without it. And for emerging nations, affordable fossil fuel remains a prerequisite for lifting billions of people out of poverty.
https://heartlanddailynews.com/2021/08/harsanyi-biden-admits-green-new-deal-is-just-a-pipedream/
