By Craig Rucker, President, CFACT
Catchy left-wing slogans lead to disastrous public policy results. Unfortunately, by the time the public begins to feel the oppressive weight of leftist policy, much of the damage is already done. "Net Zero" is a perfect example. Sounds nice until you realize that you cannot quickly and dramatically reduce greenhouse gas emissions in this fashion without massive damage to society.
When prices begin to rise and scarcities manifest themselves, people will not tolerate it and politicians are forced to backtrack. Witness the U-turn British Prime Minister Rishi Sunak made in his Net Zero press conference. We posted Rupert Darwall's excellent analysis to CFACT.org. "Why the vehemence of the climate lobby's attacks on Sunak?"
Darwall writes.
"In their eyes, Sunak has committed the worst crime of all: he has broken the net zero omerta , which enforces a pact of silence on discussing the policy's true costs. In public, net zero should only be spoken of as the growth opportunity of the century, something that's good for the economy as well as the planet. That it might inflict cost and hardship must never be said.....Sunak has destroyed this silent agreement."
Similarly, check out David Wojick's excellent piece about a letter from East Coast Governors "crying uncle! (in this case Uncle Sam) as they desperately seek any kind of bailout or relief from the massive costs of offshore wind turbines. The governors are demanding a cut of the take. The earlier bad policy is corrected, the less societal harm.
When it comes to left-wing energy mistakes the peril is real, the price incredibly high, and ending them cannot come fast enough. For nature and people too,
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