Posts Tagged ‘Climate change’

The Green New Deal

February 18, 2019

Green Nude Eel

It’s green. It’s new. And it’s a deal. What’s not to like?

Ah, the power of words. These three do make for a potent combo that’s caught the zeitgeist of today’s Democratic party. Don’t even try running for president if you’re not for the GND.

Columnist David Brooks writes that while “[t]he productive dynamism of capitalism is a wonder to behold,” this doesn’t today give the middle class, and the less skilled, economic security; nor help address “social decay.” Democrats in particular are increasingly disenamored of free market economics, blaming it for inequality and also seeing capitalism as the culprit behind climate change.

Their Green New Deal is intended as a response for all this. It envisions broad-scale government mobilization to reduce carbon emissions — to zero within a decade or two — with jobs-for-all thrown in.

Climate change is real, human activity is a cause, and the ill-effects will be costly. But the GND is a bad answer, for several fundamental reasons.

First, it does behoove us to reduce planet-warming carbon emissions, to the extent it’s reasonably possible. (Leaving the Paris agreement was brainless.) But zero is not reasonably possible (given existing or foreseeable technology) without sacrifices vastly disproportionate to the resulting climate benefit. Climate zealots seem to regard economic growth, indeed wealth itself, as an evil, urging us to scale back our lifestyles. (As though humankind is a criminal deserving punishment.) Yet these are the same people who bemoan inequality and poverty. They seemingly imagine both reversing economic growth yet also redistributing its fruits.

Economic growth, in recent decades, has in fact tremendously reduced world poverty. We shouldn’t want to reverse that, which zeroing out global carbon emissions would currently require. Indeed, the costs of basic poverty, to human well-being, far exceed climate change’s potential damage. Moreover, to deal with that damage, we’ll need the resources economic growth provides. So we must accept some temperature rise, as a necessary price to sustain our economies and global living standards.

In fact it’s not a choice. Because rising temperature is already baked in, even if emissions are cut to zero. Global warming will still continue, just a little less rapidly than if we do nothing. Thus the hair-on-fire zealotry for emission reduction is misplaced.

But if we really want to reduce emissions, nuclear power produces none. Yet greens ignore that option because . . . well, because it’s “nuclear.” (Dangerous? Fossil fuel power generation is estimated to kill around 20,000 Americans annually with lung disease. Nuclear power’s U.S. death toll: zero.)

And if we really want to stop warming, we’d have to consider geo-engineering initiatives to cool the planet. It could be done, maybe even cost-effectively. But climate zealots oppose even researching such options, because it would undermine their emissions fixation and (the horror!) enable economic growth to continue. So the GND ignores geo-engineering too.

Meantime, absent action to reverse otherwise inevitable warming, our main focus should be not on largely futile emissions reductions but, rather, preparations to combat warming’s effects. This the GND also ignores.

But meantime too, if we do insist on emissions reduction as the aim, economics gives us a clear answer for achieving it: to reflect, in the prices of things, the societal cost of their associated climate impacts. That is, a carbon tax. It would give people proper price incentives to reduce carbon and seek alternatives. (A scheme of emission permit trading would be somewhat analogous.)

However, efforts to enact a carbon tax have gone nowhere. Well, nobody likes taxes. But recently, a group of leading economists proposed, in the Wall Street Journal, a carbon tax whose revenue would be rebated via a universal dividend. That wouldn’t negate the tax’s carbon-reducing incentives, thus a win-win.

But the Democratic lefties behind the GND aren’t interested in such economic rationality, using markets and creating incentives to do right. Instead they want government giving us marching orders. Government would design and create massive new energy and transport infrastructures (“air travel stops being necessary”). These gigantic command-and-control institutions would replace much of what we’ve got now. Including most of our cars. There may also be a job for anyone unemployed (no skills needed, presumably).

This hugely consequential policy package is not the product of a careful broad-based consultative process. While lefties and greenies have long been talking in general on such lines, the GND seems to have been slapped together on the fly, on the back of an envelope, in a very short time, by a few members of Congress (including the over-hyped and under-experienced AOC). Paying for it all is another thing left unaddressed.

Brooks says the GND reflects “a faith in the guiding wisdom of the political elite,” with technocratic government planners in effect mastering the running of a huge and enormously complex part of America’s economic machine. How often must we see such hubristic faith come to tears? Remember the Solyndra fiasco? That was just a teensy foretaste of what the GND envisions. And Soviet central planners too fantasized being economic masterminds. Brooks wryly notes that the GND comes from “people who couldn’t even successfully organize the release of their own background document.”

The Economist moreover points out that the GND’s governmental behemoth would entail a massive redistribution of political and economic power, making big winners and losers. Lobbying and special interests will go into overdrive. While actually, the GND “largely dispenses with analysis of the costs and benefits of climate policy. It would create large opportunities for rent-seeking and protectionism, with no guarantee that the promised climate benefits will follow. [And with] growth-throttling taxes and dangerously high deficits” too.

Is this “Socialism?” The word doesn’t merely mean anything government does (libraries, road building), as some disingenuously suggest. It’s government taking over functions that, in a free economy, nongovernmental actors perform. And while lefties like to call it “democratic socialism,” such concentration of power is quintessentially anti-democratic and elitist.

This is the platform Democrats seem eager to run on.

Republicans, having destroyed their own brand with lies, bigotry, and thrall to a very bad man, have also managed to radicalize the Democrats into being the party of the GOP’s worst nightmare. When Democrats consolidate power — which Republican horribleness makes likely — “the era of big government,” that Bill Clinton said was over, will be back with a vengeance.

I dream of Election Day 2020 as a triumph of good over evil. But it may instead be a Hobson’s choice between Trumpian evil and everything about the left I’ve always opposed.

How Not to Save the Planet – Naomi Klein’s “This Changes Everything”

November 27, 2014

imagesGlobalization. Trade. Market Economics. Capitalism. Corporations. Economic growth. Writer Naomi Klein hates it all. Her book, This Changes Everything, argues that global warming’s terrible effects require junking that “neoliberalism,” for a different and more humane economic model. What, exactly? Don’t know.

Kleinites think globalization, trade, and capitalism worsen poverty and inequality. That’s just as factually wrong as climate change denialism. UnknownIn the previous century – despite all its upheavals, the Depression, world wars, Russian and Chinese craziness – worldwide average real dollar incomes rose five-fold – 500%. The average person wound up five times better off than at the start. Poverty ranks plummeted. That didn’t happen through socialism.

Klein believes the only thing trade, capitalism, and “extractive” industries produce is profit – the only reason they exist. It’s just “greed.” There’s no recognition that industry produces stuff people want. Fossil fuel extraction is profitable because it creates energy we need and use (which Klein hates too).

images-1She demonizes free trade without understanding it. Yes, it does make some people richer – a lot of people. Trade happens only when both sides benefit. That spreads prosperity. Freer trade enables poor people in developing countries to sell their products in richer ones. Protectionism keeps them out – and poor. So does “buy local.”

Partly, Klein hates trade because of what’s traded – our “wasteful, materialist, consumerist lifestyle.” (“Consumerism” is buying something someone else disapproves.) Consumerism, extractivism, and economic growth are what cause climate change. We’ve heedlessly raped the planet, and global warming is our “comeuppance.” We’ll be cooked, and drowned by rising seas, unless we stop making electricity with fossil fuels, driving gasoline cars, flying planes, etc. Unknown-1The political right, Klein says, realizes this, and hence rejects climate change science because it blows up their ideology of market economics and unrestrained capitalism. (While Klein loves climate change because it feeds her ideology of blowing up market economics and capitalism.)

Yet science tells us that blowing them up won’t halt climate change. If tomorrow we stopped everything – cut carbon emissions to zero – global warming would continue, only slightly slower than if we do nothing. Klein acknowledges this.

So does she welcome other approaches? No. Klein sees any answer that smacks of technology as just “doubling down” on what got us into trouble in the first place –  like geo-engineering to remove carbon from the atmosphere, or cool the planet by blocking some sun radiation. images-2Replacing fossil fuel power generation with nuclear? That’s so capitalist/industrialist. And if global warming will hamper food production, how about genetic modification techniques that boost crop yields? GAAAA!

While bashing right-wing science denialism, Klein does acknowledge denialism on the left – mentioning the anti-vaccine movement – but denies the science telling us genetic modification is safe and beneficial. And nuclear energy is such an obvious no-brainer in terms of climate impact that many greens are finally embracing it. Klein is actually somewhat persuasive that geo-engineering is problematical, but urges banning further research. Who’s anti-science?

Further, if climate change will mean big trouble, wouldn’t having more money to deal with it help? But Klein hates economic growth, writing zingers like, “having more money won’t help you if your city is under water.”

Unknown-3Ha ha. Well, actually, it would. In fact, Klein bemoans that richer people can escape warming’s ill-effects. The Netherlands has already started raising buildings in anticipation of higher sea levels. Such efforts are costly, and Klein foresees trillions needed. Without economic growth, where will the money come from? Simple: guilty energy companies must pay. But she also says they should be stopped from drilling – so their trillions in future earnings won’t exist.

Klein’s hatred of economic growth (shared by climate zealot Bill McKibben) is also bizarre in light of their anguishing about inequality, poverty, and human deprivation. Growth does make the rich richer, but makes the poor richer too. How can they expect to beat poverty without a bigger economic pie? Just by redistribution? Seriously? With a billion or so people still living on less than $1 a day, I have no patience for those with cushy lives who superciliously call for ending economic growth. (And they are the ones charging capitalists with callousness.)

images-3While Klein wants to dismantle “the system,” her alternative is never clear. But it is clear that stopping the industrial market economy and consumerism would (far from her dream of ending inequality) drastically shrink the economic pie, creating mass unemployment and impoverishment. Klein fantasizes that unemployment would actually be solved with all the new clean energy jobs. How those jobs would be supported, without a consumer economy, is a mystery.

By the way, poorer people tend to have more children – and higher populations are bad for the environment and climate.

Klein faults most environmentalists for misleading people that some modest lifestyle tweaks will suffice. But, reviewing the book, science writer Elizabeth Kolbert (though generally sympathetic) says Klein peddles a similar “fable” in failing to explain just how much energy consumption and consumer spending would have to be cut. images-4Kolbert references a Swiss study predicated on a target “2000 watt society.” Americans currently use 12,000. The only hypothetical person in the study under 2,000 was a woman living in a retirement home with no TV or computer, traveling only rarely, by train.

So Klein’s program is really to give up modern life; while she vilifies politico/economic “austerity” policies, the austerity she herself advocates is far more draconian. What writers like her (and James Howard Kunstler) seem to want is everyone living on small farms, growing their own food, eschewing manufactured goods, and riding bicycles. Probably 80% of today’s Americans would literally die. Pre-industrial farm life was no bucolic paradise.

But in the end, Klein recognizes that de-growth is just not plausible, perhaps even “genocidal.” Yet still she envisions mass movement resistance overthrowing capitalism and extractivism, in favor of what she finally calls “regeneration.” Kolbert calls it “a concept so fuzzy” she “won’t even attempt to explain.” But she quotes Klein: “we become full participants in the process of maximizing life’s creativity.”

That sounds nice.

images-6We have not heedlessly or foolishly raped the planet. Extracting and using energy was necessary for lifting billions out of squalor into decent lives, and still is. There’s no free lunch. Everything has a cost; economic growth does degrade the environment and climate. We will deal with that. Economic growth will help us do so – making life better in spite of warming.