The Biz Bucks Blog provides former Biz Bucks students and other busy professionals with a summary and commentary of seminal articles from the opinion pages of the Wall Street Journal. You can be notified of a new posting by subscribing to the blog (enter email in box on right) or by following on Twitter: @BizBucksGuy.
One Motive Behind The Global Warming Catastrophists November 18, 2015 8:00 AM | Tagged as Lomborg, Marxist
WSJ 17 November 2015, Page A19: “Gambling the World Economy on Climate” by Bjorn Lomborg
For years, The Biz Bucks Guy has read about major political powers pushing the pseudo-science of global warming and wondering what their motivation really is. One such group’s primary motive is the destruction of capitalism. This strategy is used by closet Marxists who want governments to control the world economy. They are not able to do it directly or the common sense of the electorate would rebel. So they package their ideology in a gift-wrapped stealth box and contrive a catastrophic ending for us all if we don’t bow to their religion. While this is only one group, they are very strong and organized.
A cousin to this propaganda are those that push climate change doctrine to “get” to the US economy, to hold it back, and allow other countries to be more competitive. They are actually capitalists who want to win by slowing the US economy down. Some influential members of the EU Parliament have so stated.
Regardless of the many motives, the Paris talks that convene November 30th should be watched closely. Consider this quote from Lomborg’s piece: “The U.N.’s climate chief, Christiana Figueres, says openly that the aim of the talks is ‘to change the economic development model that has been reigning for at least 150 years, since the industrial revolution.’” What is that economic development model? You guess it, that evil capitalism.
Again from Lomborg, “That (anti-capitalism) outlook will be welcome among attendees like the delegation from Bolivia. That country’s official material submitted for the talks proposes a ‘lasting solution’ for climate change: ‘We must destroy capitalism.’” The Bolivian’s submission was at least honest. No stealth they.
The Biz Bucks Guy has often quoted an unknown source, “Capitalism is the worst economic system ever devised, except for all the rest.” How many pharmaceutical drugs has Bolivia invented? I suspect it’s a nice round number…zero. The past 150 years has seen the world's life expectancy rate increase 2.5 times, as capitalism has increased world-wide. Furthermore, capitalism, together with free trade, has driven poverty rates down dramatically.
As Lomborg wrote, “Perhaps capitalism as ‘a system of death’ is a minority view at the conference, but the agreements coming out of Paris are likely to see countries that have flourished with capitalism willingly compromising their future prosperity in the name of climate change.”
The world economic loss from the addition of proposals from the 100+ nations at Paris is conservatively estimated to be north of $1 trillion ANNUALLY. It could be much more. And for what benefit? A peer-reviewed study shows all these proposals will reduce global temperatures by 2100 by a whopping 0.306 degree Fahrenheit.
What a waste of our scarce resources and well-being.
[Although opinion is included, The Biz Bucks Blog is primarily written to former students of Biz Bucks training courses to encourage their daily reading of the three opinion pages of the WSJ. This refreshes principles of Biz Bucks courses and improves business acumen on topics not discussed in Biz Bucks training.]
Posted in Global Warming | 0 Replies
To receive email updates when a new post is made, please enter your email address in the box below and click Subscribe.
Use these key words to search past blogs:
1994 97% Alesina Recession Alinsky Allesina austerity Baloney BAT Binz bird kills Bogle Border Adjustment Tax Brulle Bryce capitalism carbon Carbon Dioxide CBO CFTC chains China Churchill Climate Climate Change Clinton Comparative Advantage Crichton Cronyism Cummins Curry Darwin Death panel demographics population economics Denier derivatives Dodd-Frank Drug dynamic Dynamic Scoring education electric car Energy Energy Policy Enron Debt Entitlements Eugenics Fat Fry Flat Earthers fracking free markets free trade Free Trade E-Verify Free Trade Zoellick Freedom Heritage Foundation Friedman gas lines Gas Prices glaciers Global Warming Global Warming Sustainability global warming subsidies IMF Globalization Trade God Google Gore Gramm Green Blob Grifo Groupthink Growth Hannity Hayek Hostess Hybrid Immigration Imports index funds Indexing Intellectual Denial investing investment IPCC JFK Joint Tax Kennedy Kerry Keynes Keynesian Keynesian Tax Cuts King Barak Bird Kills Koch Koonin Laffer Lamar Smith Lomborg macroeconomics macroeconomics;static; dynamic MACT Makiel markets Marxist medical care minimum wage Mitchell Model T Moore Morgenthau Navarro Neumark NOAA NY Times Obamacare ObamaCare Rove Health Insurance O'Reilly participation rate Patrick Moore peer review Peer Review EPA Piketty Pipelines plywood Presidential authority Price Controls Pruitt Racial divide Rare Earth Reagan Recession REE Renewable Portfolio Standards Renewables Ricardo Ridley robotics RPS Ryan Schlaff Science science integrity scoring Settled Science Shaffer shortages socialism socialized medicine Solar Panels Solvaldi Sovaldi static steel STEM Stephens Steyer stimulus subsidy sugar Supreme Creator tax policy Taylor territorial taxes corporate taxes Tesla Trade train wreck Trump unemployment wages Wind wind power women Zuckerman