George Soros gave Ivanka's husband's business a $250 million credit line in 2015 per WSJ. Soros is also an investor in Jared's business.

Thursday, November 1, 2018

Massive climate legislation Congress failed to pass in 2010 would have had virtually no impact on U.S. CO2 emissions over next ten years. Green jobs created were few, low wage and temporary. We don't need to slow growth. Nuclear power is the only way forward-Nordhaus and Shellenberger, 2/25/2011

In 2011, Nordhaus and Shellengerger reflect on their 2004 essay, “The death of Environmentalism,” and suggest nuclear power as the solution: There is no credible path to reducing global carbon emissions without an enormous expansion of nuclear power. It is the only low carbon technology we have today with the demonstrated capability to generate large quantities of centrally generated electrtic power.”

2/25/2011, The Long Death of Environmentalism,” thebreakthrough.org, Ted Nordhaus, Michael Shellenberger

(subhead) “The Crash”

“The United States Congress this summer [2010] once again rejected climate legislation that even had it succeeded would have had virtually no impact upon U.S. carbon emissions over the coming decade. The magnitude and consequence of this defeat are poorly understood outside of Washington. Greens had the best opportunity in a generation — a Democratic White House and large Democratic majorities in Congress. But they banked everything on a single bill and walked away with nothing –– or rather worse than nothing, since today environmental credibility with lawmakers of both parties is today at an all-time low.

Meanwhile, green stimulus investments ended up creating very few jobs. Those that it did create were low-wage and temporary custodial jobs — not the high-wage manufacturing jobs that created the black middle-class after World War II. And today, the clean tech sector– the darling of high tech VC’s at the height of the green bubble– is in a state of collapse as stimulus funds expire, large public deficits threaten clean energy subsidies both here and abroad, and Wall Street firms short clean tech stocks….

In the wake of the crash, environmentalists pointed their finger at the usual bogeymen. They claimed that the problem has been that fossil fuel interests have massively outspent underdog environmental groups….

In reality, the environmental lobby massively outspent its opponents. In just the last two years [2009-2011], by our rough estimate environmental organizations and philanthropies spent somewhere north of $1 billion dollars advocating for climate action. In contrast, the U.S. Chamber of Commerce, Exxon-Mobil, the Koch Brothers, Big Coal, and the various other well publicized opponents of environmental action might have spent, when all was said and done, a small fraction of that. Indeed, much of the U.S. energy industry, including the largest utilities, helped write and lobbied for U.S. climate legislation.

Nonetheless, and despite the enormous resources spent on public communications about climate, some continue to accuse the media of “false balance” – by which they mean giving equal coverage to skeptical views about climate change….The complaint, after all, is that the media has reported the views of skeptics or opponents of climate action at all.

The truth is that the disparate crew of academics and bloggers who make up the skeptic community have toiled in relative obscurity and have been largely ignored by the mainstream media. That skeptics have nonetheless succeeded in raising substantial doubt among many Americans about the reality of global warming suggests, at the very least, that the environmental community has profoundly misframed the issue.

The propensity to blame skeptics and fossil fuel companies for the serial political failures of the environmental movement should be understood as a tribal defense of the collective green ego, not the logical conclusion of a dispassionate analysis….

Greens have, in recent years, substituted the almighty Market, in the form of a response to a carbon price signal, for their past faith in command and control regulations. But the substitution problem is largely the same. Without cheap technologies, carbon prices will need to be prohibitively high to drive a quick transition to low carbon energy.


Eighth, we will not internalize the full costs of fossil fuels, even if we are able to agree upon what they actually are. Like the climate science upon which they are based, economic models that attempt to model the social costs of carbon emissions are endlessly disputable. Don’t like the result? Change the estimated climate sensitivity, the damage exponent, the social discount rate, or any number of other assumptions until you arrive at one you do like. The degree that we do internalize the cost of carbon will be determined by the tolerance within specific political economies for policies that increase energy costs.

Ninth, we will need to make clean energy technologies much cheaper in order to decarbonize the global energy economy. Clean energy technologies, where they have been deployed at all, still require vast public subsidies in order to be commercially viable. This is simply not a recipe for bringing those technologies to scale. Subsidizing more of the same old technologies will bring down their cost incrementally, but not enough to displace fossil fuels at a rate sufficient to have much impact on emissions. There will be no significant action to address global warming, no meaningful caps or other regulatory frameworks, and no global agreement to limit emissions until the alternatives to fossil fuels are much better and cheaper. This will require technological innovation on a vast scale and will require sustained state support for radical innovation through large investments in basic science, research and development, demonstration, and commercialization of new energy technologies.

Tenth, we are going to have to get over our suspicion of technology, especially nuclear power. There is no credible path to reducing global carbon emissions without an enormous expansion of nuclear power. It is the only low carbon technology we have today with the demonstrated capability to generate large quantities of centrally generated electrtic power.

It is the low carbon of technology of choice for much of the rest of the world. Even uber-green nations, like Germany and Sweden, have reversed plans to phase out nuclear power as they have begun to reconcile their energy needs with their climate commitments.

Eleventh, we will need to embrace again the role of the state as a direct provider of public goods. The modern environmental movement, borne of the new left rejection of social authority of all sorts, has embraced the notion of state regulation and even creation of private markets while largely rejecting the generative role of the state. In the modern environmental imagination, government promotion of technology – whether nuclear power, the green revolution, synfuels, or ethanol – almost always ends badly.

Never mind that virtually the entire history of American industrialization and technological innovation is the story of government investments in the development and commercialization of new technologies. Think of a transformative technology over the last century – computers, the Internet, pharmaceutical drugs, jet turbines, cellular telephones, nuclear power – and what you will find is government investing in those technologies at a scale that private firms simply cannot replicate.

Twelveth, big is beautiful. The rising economies of the developing world will continue to develop whether we want them to or not. The solution to the ecological crises wrought by modernity, technology, and progress will be more modernity, technology, and progress. The solutions to the ecological challenges faced by a planet of 6 billion going on 9 billion will not be decentralized energy technologies like solar panels, small scale organic agriculture, and a drawing of unenforceable boundaries around what remains of our ecological inheritance, be it the rainforests of the Amazon or the chemical composition of the atmosphere. Rather, these solutions will be: large central station power technologies that can meet the energy needs of billions of people increasingly living in the dense mega-cities of the global south without emitting carbon dioxide, further intensification of industrial scale agriculture to meet the nutritional needs of a population that is not only growing but eating higher up the food chain, and a whole suite of new agricultural, desalinization and other technologies for gardening planet Earth that might allow us not only to pull back from forests and other threatened ecosystems but also to create new ones.

The New Ecological Politics

The great ecological challenges that our generation faces demands an ecological politics that is generative, not restrictive

An ecological politics capable of addressing global warming will require us to reexamine virtually every prominent strand of post-war green ideology.

From Paul Erlich’s warnings of a population bomb to The Club of Rome’s “Limits to Growth,” contemporary ecological politics have consistently embraced green Malthusianism despite the fact that the Malthusian premise has persistently failed for the better part of three centuries. Indeed, the green revolution was exponentially increasing agricultural yields at the very moment that Erlich was predicting mass starvation and the serial predictions of peak oil and various others resource collapses that have followed have continue to fail.

This does not mean that Malthusian outcomes are impossible, but neither are they inevitable. We do have a choice in the matter, but it is not the choice that greens have long imagined. 

The choice that humanity faces is not whether to constrain our growth, development, and aspirations or die. It is whether we will continue to innovate and accelerate technological progress in order to thrive.

Human technology and ingenuity have repeatedly confounded Malthusian predictions yet green ideology continues to cast a suspect eye towards the very technologies that have allowed us to avoid resource and ecological catastrophes. But such solutions will require environmentalists to abandon the “small is beautiful” ethic that has also characterized environmental thought since the 1960’s. We, the most secure, affluent, and thoroughly modern human beings to have ever lived upon the planet, must abandon both the dark, zero-sum Malthusian visions and the idealized and nostalgic fantasies for a simpler, more bucolic past in which humans lived in harmony with Nature.

To an older generation of environmentalists, these observations will seem antithetical to everything environmentalism stands for. If in 2004 we argued that environmentalism needed to die, today it’s clear that it did. What killed it was neither our essay, nor fossil-funded skeptics, nor this or that tactical failing by green leaders or Democratic politicians. Rather, environmentalism died of old age. The world in which we live, economically, technologically, politically, and most importantly ecologically, has so profoundly changed that the very foundations upon which contemporary environmental politics was constructed no longer hold.”…





...............

No comments:

Followers

Blog Archive

About Me

My photo
I'm the daughter of a World War II Air Force pilot and outdoorsman who settled in New Jersey.