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America's $100 Billion Climate Change Flop: Is this the greatest ripoff of U.S. taxpayers in history?
Townhall ^ | 03/07/2023 | Steve Moore

Posted on 03/07/2023 7:26:00 AM PST by SeekAndFind

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."

"Disconcerting"? That's putting it lightly. We are the furthest thing from being climate change alarmists, but when you spend $100 billion of taxpayer money and achieve absolutely nothing, President Joe Biden and his green allies should be arrested for criminal fraud.

Where did all the money go? Tens of billions of dollars have lined the pockets of left-wing environmental and social justice groups that have been emitting a lot of hot air but no results. Green energy companies have milked taxpayers of tens of billions more, even as wind and solar only produce about 12% of our energy.

Is this the greatest ripoff of U.S. taxpayers in history?

I've often said that I doubt all the doomsday global warming predictions are accurate, but if they are, we are goners. Because nothing the Left is doing on climate change is making even the tiniest difference, as the new report shows. It is giving politicians and activists a chance to virtue signal. Does it even matter to them that none of their schemes are working?

The most obvious flaw in the green strategy is that few, if any, of the big polluters are cooperating despite the assurances from Biden's climate change ambassador John Kerry. For the umpteenth time: The United States is not the problem -- China is. Its pollution levels are three times higher than ours. Soon India will surpass the U.S. in carbon emissions.

Even the top scientists who study climate change admit that without progress from China, nothing America does to reduce emissions will reverse the global trends. The U.S. has reduced our emissions more than any other nation, and the problem worsens. And yet, the rest of the world blames the U.S.

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. Instead of the oil and gas produced in Texas or North Dakota, it's coming from Russia, Iran, and OPEC. The energy source that is growing the fastest now is coal.

The only way to combat climate change is not through more command-and-control government action. That never works. The COVID-19 crisis and the incompetent government response should have taught us that lesson. We need more growth and better technology to deal with a changing climate. The leftists want less growth and have even been backing "degrowth." Since when is making America poorer the solution to any problem?

In the wake of this epic policy failure, the Democrats aren't backing off. Biden's latest budget calls for $500 billion more for climate change over the next decade. Talk about throwing good money after bad. We shouldn't be too surprised because, as Milton Friedman used to remind us, anytime a government program isn't working, the politicians' response is: "We aren't spending enough money."

If congressional Republicans are smart (a big if), they will not appropriate one penny more for this epic public policy flop. If we want to save our country's future for our children, the first step is to stop adding to our $32 trillion national debt.


TOPICS: Business/Economy; Front Page News; Government; News/Current Events; Philosophy
KEYWORDS: carbonpropaganda; climatechange; climatehoax; fakescience
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1 posted on 03/07/2023 7:26:00 AM PST by SeekAndFind
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To: SeekAndFind

I think Ukraine has doubled that so far...


2 posted on 03/07/2023 7:28:01 AM PST by aMorePerfectUnion (Fraud vitiates everything. )
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To: SeekAndFind

Oh, but it would have been so much worse if we didn’t do anything...

that is what they will say.


3 posted on 03/07/2023 7:28:36 AM PST by teeman8r (Armageddon won't be pretty, but it's not like it's the end of the world or something )
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To: SeekAndFind

They just need more money.


4 posted on 03/07/2023 7:31:28 AM PST by crusty old prospector
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To: All

100 billion? Chump change


5 posted on 03/07/2023 7:34:07 AM PST by escapefromboston (Peace, commerce and honest friendship with all nations, entangling alliances with none.)
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To: SeekAndFind

The greatest scam in world history


6 posted on 03/07/2023 7:35:50 AM PST by digger48
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To: digger48

This “climate change” BS is just a giant money laundering scheme. It funnels taxpayer money to shady front groups of the democrats choosing and from there into who knows what politician’s and democrat supporter’s pockets.


7 posted on 03/07/2023 7:38:15 AM PST by GaryCrow
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To: aMorePerfectUnion

I don’t know, the COVID VAX Scam seems up there too.


8 posted on 03/07/2023 7:42:00 AM PST by OHPatriot (Si vis pacem, para bellum)
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To: SeekAndFind

“America’s $100 Billion Climate Change Flop: Is this the greatest ripoff of U.S. taxpayers in history?”

Yes.


9 posted on 03/07/2023 7:45:37 AM PST by EQAndyBuzz (“Racist” is the new “Nazi”.)
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To: SeekAndFind
have spent some $100 billion of taxpayer money to fight climate change and reduce greenhouse gas emissions

The actual amount of money wasted on this is incalculable, but it is surely many times this amount if you factor in just the increase in energy prices and the amount added to increased manufacturing and transportation costs.

And this is all about a theory that can't even produce accurate computer models. The left relies on computer models and doctored data to support their belief system. The climate is always changing and will continue to do so until our sun explodes in a supernova. It is much more likely than not that we are going to experience the beginning of our past due coming ice age in our life times... than catastrophic warming.

10 posted on 03/07/2023 7:47:15 AM PST by fireman15 (Irritating people are the grit from which we fashion our pearl. I provide the grit. You're Welcome.)
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To: crusty old prospector
"They just need more money."

Like the schools.

11 posted on 03/07/2023 7:50:43 AM PST by MV=PY (The Magic Question: Who's paying for it?)
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To: SeekAndFind
But a lot of Democrats and Leftists the world over are significantly wealthier!
12 posted on 03/07/2023 7:52:40 AM PST by Vision (Woke is communism and it has no place in America. Election Reform Now! Obama is an evildoer.)
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To: SeekAndFind

EVERY TIME you see this type of boondoggle-—Think SOLYDRA

SOMEONE got the money-—the rest of us got the shaft.


13 posted on 03/07/2023 7:58:35 AM PST by ridesthemiles
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To: SeekAndFind

NETZERO as currently envisioned will lead to Starvation for 2 Billion people across the Globe.


14 posted on 03/07/2023 8:00:57 AM PST by MMusson
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To: SeekAndFind

Imagian if we had put that money to a productive use, or better yet not spent it at all.


15 posted on 03/07/2023 8:03:12 AM PST by VTenigma (Conspiracy theory is the new "spoiler alert")
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To: OHPatriot

+1

All related


16 posted on 03/07/2023 8:03:50 AM PST by aMorePerfectUnion (Fraud vitiates everything. )
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To: SeekAndFind

“”Carbon Dioxide Emissions Reached a Record High in 2022.””

So WHAT? And WHO CARES!

“Scientists” again.


17 posted on 03/07/2023 8:04:12 AM PST by faucetman (Just the facts, ma'am, Just the facts )
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To: SeekAndFind

Kissing Black Ass and kissing Climate Change monger’s ass is an existential necessity for Progs.

If either deserts in just a small %, the party cohesion and power are lost


18 posted on 03/07/2023 8:05:19 AM PST by bert ( (KWE. NP. N.C. +12) Juneteenth is inequality day )
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To: SeekAndFind

This article is predicatesd on a lie that climate change is man made and CO2 is a problem. At 400+ppm there is not that much CO2 in the atmosphere. THE WHOLE THING IS A HAOX.


19 posted on 03/07/2023 8:07:04 AM PST by central_va (I won't be reconstructed and I do not give a damn...)
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To: SeekAndFind

Yes..biggest rip off in world history.


20 posted on 03/07/2023 8:07:35 AM PST by Bonemaker (invictus maneo)
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