America's $100 Billion Climate Change Flop
BY STEPHEN MOORE
TUESDAY, MARCH 07 2023
All we are accomplishing in the Biden war on fossil fuels is kneecapping our own domestic energy industry while the rest of the world consumes more fossil fuels than ever before.
For at least the last 20 years, politicians in Washington, at the behest of green energy groups, have spent some $100 billion of taxpayer money to fight climate change and reduce greenhouse gas emissions. How is that going for us so far?
A recent Associated Press story, based on the latest data on global carbon emissions, provides a pretty accurate report card: "Carbon Dioxide Emissions Reached a Record High in 2022."
The article tells us: "Communities around the world emitted more carbon dioxide in 2022 than in any other year on records dating to 1900, a result of air travel rebounding from the pandemic and more cities turning to coal as a low-cost source of power. Emissions of the climate-warming gas that were caused by energy production grew 0.9% to reach 36.8 gigatons in 2022, the International Energy Agency reported Thursday. (The mass of one gigaton is equivalent to about 10,000 fully loaded aircraft carriers, according to NASA.)"
You've got to almost shriek out loud when you read this line: "Thursday's (IEA) report was described as disconcerting by climate scientists."
https://cfif.org/v/index.php/commentary/44-energy-and-environment/6236-americas-100-billion-climate-change-flop
