Posted on 10/23/2011 5:53:50 PM PDT by neverdem
History of the U.S., Europe, the U.K. and its former dominions — repeatedly shows that environmental protection is a luxury good. When per-capita income reaches some threshold, the citizenry tire of opaque air and sleazy waters, various agencies and permanent bureaucracies sprout, and, as long as times are good, regulation is good.
Our friends in the U.K. and Europe are especially green. Just hop off the plane in London and pick up the papers. Global warming is everywhere, and, for decades, the religion’s been that carbon dioxide reductions are fine, virtuous, and they’re going to make everyone rich. I have a social security system I would like to sell them.
This all splatters to a halt when economies go south. And the crash can be especially jarring if greenness is one of the causes. Thanks in no small part to the debacle in Europe, in a very few recent weeks, we have witnessed the great green crack-up.
Admittedly, the first glimmers showed up a couple of years ago in Spain, which suffered the malady of economic miasma brought on by environmental populism. The government — which our president cited as his environmental role model in his last presidential bid — sought to buy support with outrageous subsidies, in the form of power purchases, to anyone who put a solar panel on his roof in sunny Seville. The government spent much more than it took in, sold bonds it couldn’t back, and pretty soon your portfolio is going to pay the price.
(I’m not so bullish on the notion that the president is going to be touting Spain and solar power this time around).
The United Kingdom followed suit, but instead required that electric utilities pay the price, which is far more expensive than...
(Excerpt) Read more at forbes.com ...
“Occupy Wall Street’ to Push for Global Tax”
October 11, 2011
http://gulagbound.com/22239/occupy-wall-street-to-push-for-global-tax/
SSDD
Map: The Climate Change Scare Machine — the perpetual self-feeding cycle of alarm
Just amazing to think of all the scientific discoveries that did not occur because research funds were drained into the AGW swamp.
“No one needs to buy a permit to emit carbon dioxide when the factory is down.”
Great quote. The “renewable energy” advocates are the same people that advocate organic food. The food is expensive and you can only feed about 10% of the population, but who cares? It’s all about them, screw the rest of us.
Thanks neverdem.
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