A Very Short-Sighted Plan

There is a lot of climate change panic going on right now. It’s summer, and it is hot. In some places it is hotter than it has been for a long time. However, I would hesitate to say that it is hotter than it has ever been (we still haven’t seen plants growing on the Greenland Ice Cap where plant life fossils have been found in the past). Since everyone is sweating and complaining about the heat, this is a really good time to talk about global warming and blame man for its existence. We can choose to overlook climate cycles and simply complain about the heat. The Biden administration is planning to take full advantage of our summer heat wave.

On Tuesday, Townhall reported the following:

President Joe Biden’s Special Coordinator for International Energy Affairs Amos Hochstein made an appearance on CNN Tuesday morning as gas prices continue to bust the budgets of American families. 

During his remarks, Hochstein said the White House does not want oil and gas companies embarking on new projects and that they are working to accelerate the current, extremely painful and unaffordable transition to alternative energy. 

Has it occurred to the brilliant people in the Biden administration that we are more likely to find a way to turn fossil fuel into almost entirely clean energy than we are to be able to run a country on green energy? When you evaluate the push toward green energy by our political leaders, it’s a good idea to look at their stock portfolios and investments as well as their personal actions (private jets, oceanfront property, carbon footprint, etc.). In 2010 I wrote an article about the closing of the Chicago Climate Exchange (CCX) which was doing carbon trading. What had happened was that the Obama administration had not been successful in passing Cap and Trade legislation and the trading of carbon credits was not going to happen. A lot of liberal Congressmen lost money they had invested in the CCX when it stopped carbon trading. That alone should tell you all you need to know about the dreaded climate change.

The article at Townhall notes:

“It’s about making a choice between what is the short term and the medium term so we can make sure we have enough oil and gas to support us through the transition and what are the kind of steps we don’t want the oil and gas industry to take that would have longterm consequences when we don’t want new major projects that would take 20-30 years that would become profitable,” Hochstein said. “So we have to make that differentiation to make sure the American consumer has what it needs to grow, grow our economy and the global economy, but not take steps and endanger the climate work that we’re trying to do to make sure that we’re on a better footing to accelerate the transition.”

The political elites in America will find a way to avoid the suffering that will result from their policies. Meanwhile, Americans who are simply trying to work, raise families, and generally be good citizens will suffer. The only way to deal with the Biden administration is to limit their power by placing conservatives (I didn’t say Republicans) in Congress in 2022 and electing a conservative President in 2024.