Friday, August 10, 2012

Steven Hayward: Green Weenie Of The Week: Fred Krupp’s “No Mas!” | JunkScience.com
I know it’s a bit early to give out this week’s coveted Green Weenie, having just given it to Tom Friedman on Sunday, but I can declare this week’s competition over already: Fred Krupp, president of the Environmental Defense Fund, has blown away the competition with Usain Bolt-like speed in his op-ed in today’s Wall Street Journal arguing that conservatives and Republicans need to jump on board the climate change bandwagon.
Tom Tranton: California Climate Law: Hurting the Hurting | JunkScience.com
The California’s Air Resources Board is about to impose a new program, called Cap and Trade, that will further harm the California economy. Worse, it will disproportionately hurt the poor and minorities.
Aus: Carbon tax price hike jolts Anglican Church Grammar School electricity bills | JunkScience.com
THE carbon tax has begun hitting Queensland small businesses, including a Brisbane private school which faces a $70,000-a-year hike in its electricity bill.

Six weeks into the carbon tax regime, price hikes are starting to hit hip pockets as power bills drop into letterboxes.
Offshore drilling: Ice still choking Chukchi Sea as Shell oil exploration nears -- 08/08/2012 -- www.eenews.net
"That's the way the weather patterns were set up this year," said Mark Serreze, director of the National Snow and Ice Data Center. "That part of the Arctic has reasonably extensive ice. It's just the luck of the draw."
The Green Jobs Scam - Forbes
[Bob Lutz] The wind turbine industry, as well as the current generation of solar cells, are prime examples of “new” industries created in the name of “sustainability.” With massive infusions of taxpayer capital, accompanied by mandates that energy companies have to use a certain percentage of the output “or else,” new “green” workers are hired. Their product costs more than the market price of traditional energy sources, so the economic effect is negative. Energy costs are the very core of a nation’s industrial competitiveness. High energy costs have what economists call a “multiplier effect”: they raise the downstream cost of every process in the system until the end product reaches the consumer. They suck wealth out of the system through lower sales, lower margins, reduced returns on investment and slower capital formation, which, in turn, reduces new investment and legitimate job creation. This is not how the private enterprise system is supposed to work. Centrally-directed investment and job creation into activities that produce negative economic value is the stuff of Socialism. As history has proven time and time again, it only works until all the money is gone. That doesn’t sound like “sustainability” to this writer.

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