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Politics : Formerly About Advanced Micro Devices

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To: Wharf Rat who wrote (1495781)10/24/2024 10:58:57 PM
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According to The Wall Street Journal:

cdn-ceo-ca.s3.amazonaws.com

Harris Stops Talking About Climate Change

As the high costs of green policies hit, it’s becoming a lose-lose issue for politicians of the left.

By Bjorn Lomborg

Oct. 24, 2024 at 3:48 pm ET

Yet Ms. Harris mentioned climate just once in her acceptance speech.

The environment hardly figured in her debate with Mr. Trump.

Ms. Harris used her time to champion domestic gas production and make it “very clear” she won’t ban fracking.

One reason for her silence is that, despite a media and elite fixation on climate, the issue can easily become a vote loser.

Cutting emissions is a particular problem in swing states like Pennsylvania where such policies would lead to sweeping layoffs of energy workers.

Across the country, Americans rank climate change far down among their priorities—below the availability and cost of energy.

Underlying this electoral problem for Ms. Harris is a tricky policy one:

The climate policies she would offer promise huge costs for negligible benefits.

It’d be one thing to ask for sacrifices that could save the planet.

But even at a whopping official price tag of $369 billion over 10 years, the Inflation Reduction Act’s climate measures as written were likely to lower the projected global temperature in 2100 by less than 0.03 degree Fahrenheit.

In reality, the IRA has turned out to be an even rawer deal.

The cost has rapidly ballooned to somewhere north of $3 trillion over 30 to 40 years, even as emission cuts have been slower and smaller than predicted.

No wonder Ms. Harris isn’t trumpeting it.

The truth of the matter is that nothing Ms. Harris does to cut carbon can stop climate change. It’s developing nations that are driving emissions in this century.

Even if the U.S. achieved net-zero carbon emissions overnight and stayed that way for the rest of the century—basically destroying its economy and much of American quality of life—the 2100 projected global temperature would only drop 0.3 degree Fahrenheit based on the United Nations’ climate model.
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