Tuesday, December 1, 2009

Where We Can Agree on Climate Change

"Climate: We Can ALL Agree On Two Things

Whatever you think about the leaked emails showing that "tricks" were used to "hide the decline" in the climate data, and the fact that the original source data showing historical climate information was destroyed, you should agree on two things.

The Carbon Footprint of War

First, as Harvey Wasserman notes, continuing the wars in Afghanistan and Iraq will more than wipe out any reduction in carbon from the government's proposed climate measures. Writing about the escalation in the Afghanistan war, Wasserman says:

The war would also come with a carbon burst. How will the massive emissions created by 100,000-plus soldiers in wartime be counted in the 17% reduction rubric? Will the HumVees be converted to hybrids? What is the carbon impact of Predator bombs that destroy Afghan families and villages?

The continuance of the Afghanistan and Iraq wars completely and thoroughly undermines the government's claims that there is a global warming emergency and that reducing carbon output through cap and trade is needed to save the planet.

I can't take anything the government says about carbon footprints seriously until the government ends the unnecessary wars in Afghanistan and Iraq. For evidence that the Iraq war is unnecessary, see this. Read this for evidence that the U.S. could have taken Bin Laden out years ago and avoided a decades long war in Afghanistan. And for proof that the entire war on Muslim extremists is unnecessary for our national security, see this.

War is also very harmful to the economy. See this, this and this.

Carbon Trading

Second, the proposed solution to global warming - cap and trade - is a scam. Specifically:

  • The economists who invented cap-and-trade say that it won't work for global warming
  • Many environmentalists say that carbon trading won't effectively reduce carbon emissions
  • Our bailout buddies over at Goldman Sachs, JP Morgan, Morgan Stanley, Citigroup and the other Wall Street behemoths are buying heavily into carbon trading (see this, this, this, this, this and this). As University of Maryland professor economics professor and former Chief Economist at the U.S. International Trade Commission Peter Morici writes:
    Obama must ensure that the banks use the trillions of dollars in federal bailout assistance to renegotiate mortgages and make new loans to worthy homebuyers and businesses. Obama must make certain that banks do not continue to squander federal largess by padding executive bonuses, acquiring other banks and pursuing new high-return, high-risk lines of businesses in merger activity, carbon trading and complex derivatives. Industry leaders like Citigroup have announced plans to move in those directions. Many of these bankers enjoyed influence in and contributed generously to the Obama campaign. Now it remains to be seen if a President Obama can stand up to these same bankers and persuade or compel them to act responsibly.
    In other words, the same companies that made billions off of derivatives and other scams and are now getting bailed out on your dime are going to make billions from carbon trading.

Consensus

Everyone should read the leaked emails and rationally think through what they mean. But whatever one believes about climategate (the leaked emails showing that "tricks" were used to "hide the decline" in the climate data and the destruction of the original source data), we should all be able to agree that:

(1) We should end the wars in Afghanistan and Iraq; and

(2) We should not let the financial giants who caused the financial crisis to profit off of cap and trade schemes.

--MORE--"