Wednesday, December 9, 2009

Global Extortion

From the New York Times today:

If negotiators reach an accord at the climate talks in Copenhagen it will entail profound shifts in energy production, dislocations in how and where people live, sweeping changes in agriculture and forestry and the creation of complex new markets in global warming pollution credits.

So what's all this going to cost?

The short answer is trillions of dollars over the next few decades.

Oh, sure... no problem. We've got that. We'll just print some more.

Seriously, does is scare anybody else that there are "negotiators" engaging in "talks" with the consequences including changing how and where people are able to live?? We're going to pay a price not only in dollars, but in freedom as well. Where is the public outrage? Have people so swallowed the bunk that says the polar ice caps are melting that they're willing to give up everything?

The International Energy Agency (it kills me that there IS such a thing) estimates that it's going to cost more than $10 trillion from 2010 to 2030 to pay for the energy infrastructure alone. That's an estimate. And we all know how well governmental agencies estimate... they're habitually on the low side. But they follow that up by saying that we shouldn't worry... the costs are going to ramp up slowly and be "largely offset by economic benefits in new jobs, improved lives, more secure energy supplies..." not to mention the peace of mind that will come from knowing the polar ice caps are now secure. OH - and not to worry. Most of the investment is going to come from private funds, not public funds. Whew!! I'm so glad to hear... wait. What? What does that even mean? Which private funds? How do they know that they're going to get this money invested privately? OR -- are they considering the new market in "pollution credits" to be private funding? YES!! At least half of the "fund" that's supposed to be set up to help developing countries is supposed to come from the carbon emissions credits in cap-and-trade. So... "private funding" is actually extortion.

But it's good to know that we have reasonable people working on this. I mean, Kevin Parker is the global head of Deutsche Bank Asset Management and is responsible for tracking climate policy for the bank, and he says, "People often ask about the costs. But the figures people tend to cite don't take into account conservation and efficiency measures that are easily available. And they don't look at the cost of inaction, which is the extinction of the human race. Period." So... the sky is falling, you say?

We can rest assured that Obama intends to sell us out. After all, Obama assured folks that the United States will pay "its fair share." I believe that "fair share" can accurately be translated to "lion's share." But that's okay, because - see - it's an investment. Don't you love the magic in that word? As long as you use the word investment, nobody can get upset at what you're doing. According to the White House, "Providing this assistance is not only a humanitarian imperative - it's an investment in our common security, as no climate change accord can succeed if it does not help all countries reduce their emissions."

I'm beginning to see how the Obama worldview infects ever facet of his thinking. Truly, the United States as a nation cannot succeed until everybody's wealth has been spread out evenly, like soft butter... and it only makes sense then that the world as a whole cannot succeed unless the wealth of the world is spread out in the same way.

Don't worry, though. Our money -- your money -- will be going for a good cause. It will be used to "help developing nations reduce emissions by switching to renewable energy sources like wind and solar and by compensating landowners for not cutting down or burning forests." Say wha-?? Seriously - we're going to pay some dude in Timbuktu to not burn his place down?? Yes, apparently so. But other funds might be used to relocate people who live in dangerous places. You know, moving folks to higher ground. (And one has to wonder if New Orleans will be first.)

So the big question that is supposed to be answered in Copenhagen is how much money do nations such as the United States have to pay to get the developing countries on board with this lunacy?

Robert Stavins is the director of the environmental economics program at Harvard University. Apparently, this particular line of work gives him some high-level status because the New York Times quoted him extensively, and, according to him, the US is setting aside around eight billion dollars per year to assist developing countries by 2030 and that's about our limit. And thus begins the negotiations because the leader of Costa Rica's climate delegation has said that it's important to them to have "early resources and a predictable flow of long-term financing." Apparently, they're looking for for a quick rise to about $150 billion annually by 2020.

Huh. Global extortion via the hoax called "climate change."

No comments: