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Politics : Formerly About Advanced Micro Devices

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To: Wharf Rat who wrote (908595)	12/15/2015 10:56:23 AM
From: Sdgla	Read Replies (1) of 1573299

WSJ: 'Paris Climate of Conformity: It pays to be skeptical of politicians who claim to be saving the planet' Paris Climate of ConformityIt pays to be skeptical of politicians who claim to be saving the planet. Dec. 13, 2015 6:08 p.m. ET THE WALL STREET JOURNAL 669 COMMENTS The moment to be wariest of political enthusiasms is precisely when elite opinion is all lined up on one side. So it is with the weekend agreement out of Paris on climate policy, which President Obama declared with his familiar modesty “can be a turning point for the world” and is “the best chance we have to save the one planet that we’ve got.” Forgive us for looking through the legacy smoke, but if climate change really does imperil the Earth, and we doubt it does, nothing coming out of a gaggle of governments and the United Nations will save it. What will help is human invention and the entrepreneurial spirit. To the extent the Paris accord increases political control over human and natural resources, it will make the world poorer and technological progress less likely. *** The climate confab’s self-described political success is rooted in a conceit and a bribe. The conceit is that the terms of the agreement will have some tangible impact on global temperatures. The big breakthrough is supposed to be that for the first time developing and developed countries have committed to reducing carbon emissions. But the commitments by these nations are voluntary with no enforcement mechanism. China (the No. 1 CO2 emitter) and India (No. 3 after the U.S.) have made commitments that they may or may not honor, depending on whether they can meet them without interfering with economic growth. If the choice is lifting millions out of poverty or reducing CO2, poverty reduction will prevail—as it should.

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