The Climate Express Hits the Wall

Comments Off on The Climate Express Hits the Wall
The Climate Express Hits the Wall

Just as the U.S. election results were being finalized, thousands of politicians, regulators, scientists, and activists gathered in Marrakech, Morocco for yet another “climate conference.”  This time, they were shocked, despondent, and worried that the incoming Trump administration won’t support their agenda—and they were right to worry.1

Under the guise of preventing “dangerous man-made climate change” and compensating poor countries for alleged “losses and damages” due to climatic conditions caused by fossil fuel use in rich countries, they had sought to control the world’s energy supplies and living standards, replace capitalism with a new UN-centered global economic order, and redistribute wealth from those who create it to those who want it. 

This effort by the $1.5 trillion-a-year climate-industrial complex, described in our January 2016 issue, was making substantial headway throughout the eight years of the Obama administration, an administration obsessed with “dangerous man-made climate change” and with replacing reliable, affordable fossil fuels with expensive, mandated, and subsidized “green” energy. 

Until the evening of November 8, 2016, it was believed that Hillary Clinton and the Democrats would continue to expand these policies and the economic distortions they cause.  During one debate, Clinton said that America could become “the clean-energy superpower of the twenty-first century.”  As she claimed, “We can deploy a half-billion more solar panels.  We can have enough clean energy to power every home.  That’s a lot of jobs, a lot of new economic activity.”

The “climate emergency,” the Democratic Party Platform (DPP) intoned, was an “urgent threat” that demanded immediate “ambitious investments” in new “green” energy systems.2  It asserted that America must slash greenhouse gas emissions by 80 percent below 2005 levels by 2050; get half of all U.S. electricity from renewable sources by 2027; and ensure that the nation runs “entirely on clean energy by mid-century.” 

The DPP also supported impeding or rejecting oil and gas leasing, drilling, fracking, and pipeline construction, as well as the building of gas-fired electric plants, while accelerating and incentivizing wind and solar installations and associated transmission lines.  It said America should “lead the fight against climate change,” locally and globally...

To continue reading, become a paid subscriber for full access.
Already a Trends Magazine subscriber? Login for full access now.

Subscribe for as low as $195/year

  • Get 12 months of Trends that will impact your business and your life
  • Gain access to the entire Trends Research Library
  • Optional Trends monthly CDs in addition to your On-Line access
  • Receive our exclusive "Trends Investor Forecast 2015" as a free online gift
  • If you do not like what you see, you can cancel anytime and receive a 100% full refund