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Going Green A Luxury Good For Rich At Expense Of Poor
Investors.com ^ | March 27, 2014 | IBD Editorial

Posted on 03/27/2014 4:54:24 PM PDT by jazusamo

Saving The Planet: It used to be said that socialism was the opium of the liberal intelligentsia. But now the drug of choice for the elite is environmentalism.

The dirty little secret of the modern green movement is that it's become a luxury good for the uber-rich who espouse policies — from carbon taxes to renewable energy standards to closing down coal plants — that impose high costs on poor people who can least afford to pay the green tab.

A Pew Research Center poll released last week offers further confirmation of this truism. It found that only two major voting groups oppose construction of the Keystone XL pipeline: Democrats who make more than $100,000 annually and Democrats with college or advanced degrees.

Democrats with advanced degrees oppose the pipeline 51% to 35% — further evidence that a Ph.D. is negatively associated with economic common sense.

Democrats who earn six figures oppose the project by roughly the same magnitude. No doubt liberal millionaires and billionaires like global-warming warrior Tom Steyer are most opposed.

This is a big and problematic rift inside the usually unified Democratic Party. For pretty much all other Democrats, a construction project that would create 5,000 jobs with $70,000-plus salaries, reduce American dependence on Middle-East oil and cut our balance of trade deficit is close to being a no-brainer.

(Excerpt) Read more at news.investors.com ...


TOPICS: Culture/Society; Government; News/Current Events
KEYWORDS: democrats; energycosts; environmentalism; greenenergy; keystonexl; subsidies

1 posted on 03/27/2014 4:54:24 PM PDT by jazusamo
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To: jazusamo

The $100,000 Telsa car has about $30,000 in tax credits.

Subsiding rich people to buy $100,000 cars.

Thank you obama...


2 posted on 03/27/2014 4:58:42 PM PDT by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
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To: 2banana

Yep...Electric vehicles, solar and wind power, eliminating coal fired plants and tax credits/subsidies for green energy costs poor and lower middle income while benefitting those that can afford it.


3 posted on 03/27/2014 5:04:45 PM PDT by jazusamo ([Obama] A Truly Great Phony -- Thomas Sowell http://www.freerepublic.com/focus/news/3058949/posts)
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To: 2banana

A year or so back they did a study in Ann Arbor Michigan to find out who was using the “free” charging stations.

They found primarily 6 figure earners, many of those college professors living off the taxpayer nipple to begin with.


4 posted on 03/27/2014 5:21:45 PM PDT by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: cripplecreek
What's sad is that billionaires and multi-millionaires like Richard Branson and Al Gore create a HUGE environmental "carbon footprint".

At the same time tell third world nations how they MUST live with solar power and wind farms. So that they don't pollute while providing their populations with easy, cheap fossil fuel energy.

Oh, sure, Branson and Gore pay for trees to be planted. Perhaps throw a couple of CFLs into their Tiffany lamps. But they don't go and live in caves. Nor do they fly in solar powered planes across the globe.

If I didn't know better, I'd think these high income individuals HATED brown people.

But that would make them hypocrites.

But we've been told that liberals are never hypocrites.

5 posted on 03/27/2014 5:59:40 PM PDT by boop (I just wanted a President. But I got a rock.)
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To: boop

This article succinctly explains the vast majority of my objections to the entire “green” illusion. Bookmarked.


6 posted on 03/27/2014 7:29:57 PM PDT by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: jazusamo

Basically, the “green” movement is a class-based pulling up of the ladder.


7 posted on 03/27/2014 7:32:35 PM PDT by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: jazusamo

Keeping the poor poor is part of the point of doing it.


8 posted on 03/27/2014 7:34:20 PM PDT by TBP (Obama lies, Granny dies.)
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