Friday, December 8, 2023

The Crippling Economic Costs Of Green Energy Subsidies

The Crippling Economic Costs Of Green Energy Subsidies

Tyler Durden's Photo
FRIDAY, DEC 08, 2023 - 03:30 AM

Authored by Jonathan Lesser via RealClear Wire,

The green energy subsidies in the Inflation Reduction Act (IRA) have been justified by the Biden Administration as a booster of U.S. economic growth and jobs.  But when the subsidies are tallied and the overall impacts evaluated, the IRA is a job and economic growth killer. 

Weep for the girls and women of Afghanistan

Afghan girls face bleak future amid secondary school ban

Shabnam Alokozay
15 minutes ago

With the Taliban banning girls in Afghanistan from secondary school, sixth-graders fear for their future after upcoming final exams.

Exiled leader says China erases Tibetan culture

Exiled leader says China erases Tibetan culture

Saransh Sehgal in Vienna
December 7, 2023

The leader of Tibet’s exiled government accuses Chinese authorities of imposing monoculturalism on Tibetans, eradicating ethnic identities and suppressing political activities.

The government is not permitted to hire companies to do what it cannot legally do....the scum at the State Department

Biden’s State Dept. paid NewsGuard to tar organizations like ours

The First Amendment has long been understood as settling matters where government manipulation of the press is concerned. 

“Congress shall make no law,” the text plainly states, “abridging the freedom of speech, or of the press.” 

The amendment is so clear that only a politician could manage to miss the point. 

And when politicians miss the point of a straightforward, necessary protection, they manage to find all kinds of people willing to help them place ideology above constitutionality, common sense and simple decency.

We give you the Biden State Department and NewsGuard.

NewsGuard bills itself “The Internet Trust Tool” and purports to offer “transparent tools to counter misinformation for readers, brands, and democracies,” which admittedly sounds impressive. 

But what is the likely outcome when the US government funds this corporation through something called the Global Engagement Center?

A lawsuit Texas Attorney General Ken Paxton filed in federal court Wednesday along with The Daily Wire and The Federalist declares the outcome was the State Department funding technology that could “render disfavored press outlets unprofitable.” 

Conservative voices, it says, are being suppressed. 

And when they’re suppressed, their advertising revenues drop. 

And if their advertising revenues drop far enough, they will eventually be forced to exit the market.

We know this to be NewsGuard’s modus operandi because it did this to us at the American Institute for Economic Research. 

In October 2020, AIER hosted the conference that produced the Great Barrington Declaration, a statement that opposed the use of lockdowns during the COVID pandemic. 

The GBD’s text went viral, but it also provoked the wrath of the federal government. 

National Institutes of Health chief Francis Collins instructed Anthony Fauci to wage a “quick and devastating published take down” of the document, which was the first major scientific challenge to their disastrous lockdown strategy.

The GBD also placed us on NewsGuard’s radar, prompting the organization to conduct a “fact-check” rating of our website. 

Although it represented itself as a neutral and unbiased company, it quickly became clear NewsGuard intended to push a pro-lockdown agenda.

The “reviewer” it assigned to evaluate us had few professional qualifications in either science or health policy. 

Instead of consulting experts, NewsGuard built its attack on the GBD on the word of a politician, former United Kingdom Health Secretary Matt Hancock. 

As the architect of Britain’s draconian lockdown policies, Hancock was hardly a neutral party. 

Indeed, he left his position in disgrace after being caught violating his own lockdown rules.

Despite presenting itself as a fact-checker, NewsGuard also has a penchant for spreading misinformation of its own. 

NewsGuard spent most of 2020 specifically targeting websites that shared or promoted the lab-leak hypothesis of COVID-19. 

According to the same reviewer who attacked the GBD, websites that mentioned the lab leak were promoting “unfounded conspiracy theories about the virus’s origins” and deserved to be branded “misinformation.”

Almost three years after the pandemic’s start, an accidental lab leak is now widely believed to be the virus’ most likely origin. 

NewsGuard had its facts wrong, yet toed the Biden administration line.

But, hey — that’s where the money was.

After revelations about the likelihood of a lab leak forced its hand, NewsGuard quietly retracted 21 ratings it had inappropriately applied to other websites.

That’s what happens when politicians enlist the help of (read: pay for) ideologically motivated but wholly unqualified journalists to determine what should and, more important in this case, should not be freely available for the public to read. 

What do you think? Post a comment.

The result is an almost farcical situation in which accomplished scientists have their expertise pilloried by uncredentialed activist-journalists. 

And now we know the US government is paying their salaries to do so.

Who knows what else we’ll find as the federal lawsuit enters discovery? 

The filers are doing the First Amendment — and all Americans — a real service.

Phillip W. Magness, James R. Harrigan and Ryan M. Yonk are senior research faculty at the American Institute for Economic Research.

Tere is an anti Semitism problem in the black community

Sickening moment hateful arsonist sets fire outside Jewish-Japanese fusion restaurant in Brooklyn

I Couldn’t Breathe’: Watch Arabs React After Screening Footage Of Hamas Slaughtering Civilians

‘I Couldn’t Breathe’: Watch Arabs React After Screening Footage Of Hamas Slaughtering Civilians

'I thought the worst I've seen in my life is what ISIS has done in Iraq and Syria...I have never imagined saying I've seen something worse'

The NY Times calls you stupid for not understanding what the Ivy League Hamas ass kissers really said

NYT: The GOP Didn’t Understand the Language of Academia When Grilling Pro-Genocide College Heads

Matt Vespa

Where all the Gaza humanitarian aid winds up

Brave Elderly Palestinian Woman Tells Al Jazeera Exactly Where the Aid Goes—Straight to the Hamas Tunnels

A;nother gift from China a huge venomous spider

Giant 8in spiders from China are set to invade the US: Black and yellow critters seen parachuting through the air on the east coast - and will soon hit New York and New Jersey

  • Researchers estimate 8-inch Jorō spiders likely to spread as far north as Canada
  • Jorō venom is as toxic as a bee sting, only posing a threat if the victim is allergic
  • READ MORE: 'Ecological train wreck' of 'super hogs' could hit US from Canada

The terrifying rhetoric of will freeze but they will exempt themselves because they're important just like John Kerry' private jet

The terrifying rhetoric of COP28

With the holiday season in full swing, most Americans are not paying close attention to the latest UN climate change conference -- COP 28 -- which is currently taking place in Dubai. I get it; the vast majority of Americans are busy preparing for family gatherings, shopping for presents, and attending holiday festivities. They have neither the time nor the energy to follow the daily happenings at a climate change conference halfway around the world.

However, the American people must be made aware of what exactly is occurring at COP28 simply because the ideas and policies being espoused by the hundreds of global leaders attending the annual event are downright terrifying and would cause undue harm to billions of people.

The conference began on an ominous note when UN secretary general Antonio Guterres declared that we must “ultimately stop burning all fossil fuels. Not reduce. Not abate.”

Guterres is demanding that we eliminate all use of fossil fuels in short order, not over many decades, but just years from today. However, that is literally impossible and would destroy the lives of billions of people who depend on fossil fuels daily.

According to the left-leaning Environmental and Energy Study Institute, “Fossil fuels -- including coal, oil, and natural gas -- have been powering economies for over 150 years, and currently supply about 80 percent of the world’s energy.”

In other words, Guterres, who surely knows that more than 80 percent of the world’s energy is currently derived from fossil fuels, is calling for the economic and social regression of humanity.

This is anti-human, anti-progress, and extremely disturbing, to say the least

While Guterres and many others are calling for the comprehensive elimination of fossil fuels, they are also constantly touting so-called renewable energy as the ready-and-waiting replacement.

But, despite ample subsidies, including $15.6 billion from the U.S. government last year alone, renewable energy sources such as wind and solar account for a miniscule proportion of the world’s total energy consumption.

How small? In 2019, wind accounted for 2.2 percent of the world’s energy consumption and solar produced 1.1 percent.

Obviously, the world is not near the point at which renewable energy can replace fossil fuels as the primary source of energy. And, because these energy sources are intermittent (meaning the sun doesn’t always shine and the wind doesn’t always blow), there is absolutely no way they can provide constant and consistent baseline power.A world without fossil fuels would be a very different place, completely unrecognizable to what we have grown accustomed to. Travel would be nearly impossible. Manufacturing would be severely crippled. Our daily life would be turned upside down. The technologies and almost everything we rely upon to make life comfortable would vanish in an instant. Simply put, we would literally go back to a pre-industrial existence.

Life before the advent of fossil fuels is almost unconceivable for those of us in the modern age. Our health-care system would be devastated. Our average lifespans would plummet. Sheer survival would be the order of the day.

Yet, despite these catastrophic consequences, the climate-change zealots continue to push for draconian energy policies. For instance, at COP28, John Kerry said, “There shouldn't be any more coal fired power plants permitted anywhere in the world.” Really? If we did not allow for the construction of new coal-fired power plants, the developing world would remain undeveloped forever. Coal, unlike solar and wind, provides reliable, affordable, and abundant energy. Such is why developing and manufacturing-centric nations like China continue to build coal plants.

Ironically, elites like Guterres and Kerry increasingly frame the climate-change debate as a social justice cause, however, their insistence on eliminating fossil fuels would devastate the very countries they are supposedly trying to help in the first place the most.This means that if we were to follow Guterres’ call for the elimination of fossil fuels, the world would ground to a screeching halt and life as we know it could not continue.