{"id":292241,"date":"2021-07-05T22:50:52","date_gmt":"2021-07-05T19:50:52","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/beware-of-the-economic-transformation-john-kerry-is-promising\/"},"modified":"2021-07-05T22:50:52","modified_gmt":"2021-07-05T19:50:52","slug":"beware-of-the-economic-transformation-john-kerry-is-promising","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/beware-of-the-economic-transformation-john-kerry-is-promising\/","title":{"rendered":"#Beware of the \u2018economic transformation\u2019 John Kerry is promising"},"content":{"rendered":"

“#Beware of the \u2018economic transformation\u2019 John Kerry is promising<\/strong>”
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John Kerry finally got one right last week when he said shifting to a green economy would trigger a huge \u201ceconomic transformation.\u201d Only problem: The \u201ctransformation\u201d will make the world worse<\/em>, not better.<\/p>\n

\u201cA bigger economic transformation\u201d is \u201cright there at our disposal \u2014 bigger than the Industrial Revolution,\u201d puffed the architect of the failed nuke Iran deal, now President Joe Biden\u2019s climate envoy. \u201cMillions of jobs\u201d are just waiting to be created, he claimed, with \u201ca massive amount of money\u201d to be made \u201cbecause there are 4.5 to 5 billion energy users in the world today.\u201d<\/p>\n

Yep, switching the world\u2019s economy to renewable energy (solar, wind, etc.) will require an astronomical number of workers. And, sure, many companies that get in the game<\/a> might reap profits.<\/p>\n

What Kerry doesn\u2019t say is that a vast number of jobs would also be destroyed.<\/em> Assets, too: factories, power plants, gas-powered cars . . . Perfectly fine buildings and other infrastructure would have to be trashed. <\/p>\n

Greenies also demand draconian lifestyle changes: Biking or walking instead of driving. Plant-based foods instead of meat. No matter that such changes won\u2019t work for everyone \u2014 and would impose big costs of their own.<\/p>\n

Most important, because renewable power is (for now, at least) far more expensive to produce (and entails huge energy-storage costs, since wind and sunlight aren\u2019t always available), the economy as a whole would take an enormous hit, as economist Bjorn Lomborg often points out.<\/p>\n

\u201cIf climate policies really were making us richer, everyone would scramble to shed fossil fuels and pile on the renewables,\u201d notes Lomborg. Instead, climate warriors like Kerry depend on \u201carm-twisting\u201d \u2014 and deceptive salesmanship \u2014 to get countries to make even small promises to move in their direction.<\/p>\n

In fact, the shift would cost trillions every year, <\/em>Lomborg warns. On the other hand, \u201cif we do nothing, the total impact of climate in the 2070s will be equivalent to reducing incomes by 0.2-2 percent. Given that by then, each person is expected to be 363 percent as rich as today, climate change means we will \u2018only\u2019 be 356 percent as rich.\u201d<\/p>\n

Privileged private-jet flying green dilettante Kerry has nothing to fear from this new world order he envisions. The rest of us should be terrified.\n <\/p><\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Beware of the \u2018economic transformation\u2019 John Kerry is promising” John Kerry finally got one right last week when he said shifting to a green economy would trigger a huge \u201ceconomic transformation.\u201d Only problem: The \u201ctransformation\u201d will make the world worse, not better. \u201cA bigger economic transformation\u201d is \u201cright there at our disposal \u2014 bigger than…<\/p>\n","protected":false},"author":1,"featured_media":292242,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/07\/john-kerry-green-economy-794.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[111119,43485,43,72402],"class_list":["post-292241","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-7-5-21","tag-climate-change","tag-editorial","tag-green-new-deal"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/292241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=292241"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/292241\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/292242"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=292241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=292241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=292241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}