WSJ: The ‘Build Back Broke’ Bill Will Have No Effect On World’s Temperature

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Anybody who actually lives in the real world and not in the world, created in eco-loonys' minds, of unicorns and fluffy bunnys know this already. Luckily the WSJ is of sound mind unlike the loonys at the NYT.

Nearly all of Washington—Democrats, the press, lobbyists—is taking a victory lap with Senate passage of the Schumer-Manchin tax, climate, and drug price control bill.

The climate lobby is especially thrilled, claiming a historic victory that will reduce temperatures, hold back the rising sea, and save the planet.

Or, maybe not. Our contributor Bjorn Lomborg looked at the Rhodium Group estimate for CO2 emissions reductions from Schumer-Manchin policies.

He then plugged them into the United Nations climate model to measure the impact on global temperature by 2100.

He finds the bill will reduce the estimated global temperature rise at the end of this century by all of 0.028 degrees Fahrenheit in the optimistic case.

In the pessimistic case, the temperature difference will be 0.0009 degrees Fahrenheit.

In other words, the climate provisions in this ballyhooed legislation will have no notable impact on the climate.

This isn’t surprising. No matter what the U.S. does to reduce greenhouse-gas emissions, it will be dwarfed by what the rest of the world does.

China, India, and Africa aren’t about to stop burning fossil fuels as they develop, and China is sprinting ahead to build huge new coal capacity despite its pledge to start reducing emissions after 2030.

Barring a breakthrough in battery or other technology, carbon emissions will continue to increase.

No one knows how much the Earth’s temperature will warm, though even the U.N. model has modified its estimates from the apocalyptic predictions of some years ago.

Schumer-Manchin won’t reduce inflation, won’t reduce the budget deficit, and it won’t reduce the world’s temperature.

What it will do is transfer some $369 billion from taxpayers and drug companies to the pockets of green energy businesses and investors.

It will tighten the hold that politicians have on the allocation of capital, as they pick winners and losers with their grants and tax credits.

Everyone will get a nice warm feeling as they pretend they are cooling the climate.

https://www.wsj.com/articles/tilting...rg-11659993292

[Bigdog]

He finds the bill will reduce the estimated global temperature rise at the end of this century by all of 0.028 degrees Fahrenheit in the optimistic case.

In the pessimistic case, the temperature difference will be 0.0009 degrees Fahrenheit.

In other words, the climate provisions in this ballyhooed legislation will have no notable impact on the climate.

This is why white libs have a hissy fit when anyone asks them about the science.

[T. A. Gardner]

It's the Big Bucks Blunder plan...

[Hawkeye10]

It's the Big Bucks Blunder plan...

That this is a well intentioned blunder is the best case scenario....likely the reality is much darker.

In any case we are very well fucked.

[Hawkeye10]

The Empire says "Thank You" for making the sinking the West so easy.

[anonymoose]

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Anybody who actually lives in the real world and not in the world, created in eco-loonys' minds, of unicorns and fluffy bunnys know this already. Luckily the WSJ is of sound mind unlike the loonys at the NYT.

Nearly all of Washington—Democrats, the press, lobbyists—is taking a victory lap with Senate passage of the Schumer-Manchin tax, climate, and drug price control bill.

The climate lobby is especially thrilled, claiming a historic victory that will reduce temperatures, hold back the rising sea, and save the planet.

Or, maybe not. Our contributor Bjorn Lomborg looked at the Rhodium Group estimate for CO2 emissions reductions from Schumer-Manchin policies.

He then plugged them into the United Nations climate model to measure the impact on global temperature by 2100.

He finds the bill will reduce the estimated global temperature rise at the end of this century by all of 0.028 degrees Fahrenheit in the optimistic case.

In the pessimistic case, the temperature difference will be 0.0009 degrees Fahrenheit.

In other words, the climate provisions in this ballyhooed legislation will have no notable impact on the climate.

This isn’t surprising. No matter what the U.S. does to reduce greenhouse-gas emissions, it will be dwarfed by what the rest of the world does.

China, India, and Africa aren’t about to stop burning fossil fuels as they develop, and China is sprinting ahead to build huge new coal capacity despite its pledge to start reducing emissions after 2030.

Barring a breakthrough in battery or other technology, carbon emissions will continue to increase.

No one knows how much the Earth’s temperature will warm, though even the U.N. model has modified its estimates from the apocalyptic predictions of some years ago.

Schumer-Manchin won’t reduce inflation, won’t reduce the budget deficit, and it won’t reduce the world’s temperature.

What it will do is transfer some $369 billion from taxpayers and drug companies to the pockets of green energy businesses and investors.

It will tighten the hold that politicians have on the allocation of capital, as they pick winners and losers with their grants and tax credits.

Everyone will get a nice warm feeling as they pretend they are cooling the climate.

https://www.wsj.com/articles/tilting...rg-11659993292

I don't know about that, Prima. Ever since the bill was passed it's been chilly and rainy here in Anchorage. There must be some kind of cause and effect.

[BartenderElite]

They're right.

But we're not going to do what actually NEEDS to be done overnight. It would be foolish to think we could, or that it would even be a good idea.

The change needs to take place incrementally, over decades. This is a good start.

[anonymoose]

They're right.

But we're not going to do what actually NEEDS to be done overnight. It would be foolish to think we could, or that it would even be a good idea.

The change needs to take place incrementally, over decades. This is a good start.

It's already chilly here. I think it's working.

[Matt Dillon]

.
Anybody who actually lives in the real world and not in the world, created in eco-loonys' minds, of unicorns and fluffy bunnys know this already. Luckily the WSJ is of sound mind unlike the loonys at the NYT.

Nearly all of Washington—Democrats, the press, lobbyists—is taking a victory lap with Senate passage of the Schumer-Manchin tax, climate, and drug price control bill.

The climate lobby is especially thrilled, claiming a historic victory that will reduce temperatures, hold back the rising sea, and save the planet.

Or, maybe not. Our contributor Bjorn Lomborg looked at the Rhodium Group estimate for CO2 emissions reductions from Schumer-Manchin policies.

He then plugged them into the United Nations climate model to measure the impact on global temperature by 2100.

He finds the bill will reduce the estimated global temperature rise at the end of this century by all of 0.028 degrees Fahrenheit in the optimistic case.

In the pessimistic case, the temperature difference will be 0.0009 degrees Fahrenheit.

In other words, the climate provisions in this ballyhooed legislation will have no notable impact on the climate.

This isn’t surprising. No matter what the U.S. does to reduce greenhouse-gas emissions, it will be dwarfed by what the rest of the world does.

China, India, and Africa aren’t about to stop burning fossil fuels as they develop, and China is sprinting ahead to build huge new coal capacity despite its pledge to start reducing emissions after 2030.

Barring a breakthrough in battery or other technology, carbon emissions will continue to increase.

No one knows how much the Earth’s temperature will warm, though even the U.N. model has modified its estimates from the apocalyptic predictions of some years ago.

Schumer-Manchin won’t reduce inflation, won’t reduce the budget deficit, and it won’t reduce the world’s temperature.

What it will do is transfer some $369 billion from taxpayers and drug companies to the pockets of green energy businesses and investors.

It will tighten the hold that politicians have on the allocation of capital, as they pick winners and losers with their grants and tax credits.

Everyone will get a nice warm feeling as they pretend they are cooling the climate.

https://www.wsj.com/articles/tilting...rg-11659993292

This is why white libs have a hissy fit when anyone asks them about the science.

It's the Big Bucks Blunder plan...

That this is a well intentioned blunder is the best case scenario....likely the reality is much darker.

In any case we are very well fucked.

I don't know about that, Prima. Ever since the bill was passed it's been chilly and rainy here in Anchorage. There must be some kind of cause and effect.

They're right.

But we're not going to do what actually NEEDS to be done overnight. It would be foolish to think we could, or that it would even be a good idea.

The change needs to take place incrementally, over decades. This is a good start.

Some idiot man thinks he can change the weather with money? Let me know when he makes that work.

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Most electric vehicles won't qualify for taxpayer funded subsidies in the Inflation Reduction Act. That's because of the bill’s requirement that to qualify for the credit, an electric vehicle must contain a battery built in North America with minerals mined or recycled on the continent.

[Hawkeye10]

Some idiot man thinks he can change the weather with money? Let me know when he makes that work.

"They will tell the boldest of lies now"
Hawkeye the Wise









"Dont be a Chump!"

[floridafan]

Some idiot man thinks he can change the weather with money? Let me know when he makes that work.

So you dont understand he difference between weather and climate. Did you ever finish High School?

[cancel2 2022]

They're right.

But we're not going to do what actually NEEDS to be done overnight. It would be foolish to think we could, or that it would even be a good idea.

The change needs to take place incrementally, over decades. This is a good start.

China is overjoyed at the rank stupidity of the West. As they say, act in haste, repent at leisure.

[Bigdog]

They're right.

But we're not going to do what actually NEEDS to be done overnight. It would be foolish to think we could, or that it would even be a good idea.

The change needs to take place incrementally, over decades. This is a good start.

Just another huge democrat handout to giant corporations. It will do nothing to change the temp of the Earth. Now or in the future. And what happened to that "tipping point" in 9 years???

[Hawkeye10]

Just another huge democrat handout to giant corporations. It will do nothing to change the temp of the Earth. Now or in the future. And what happened to that "tipping point" in 9 years???

Its worse that that, they are impoverishing the nation as they destroy our energy systems and the middle class...they are systematically taking apart our standard of living for the glory of the Revolution.

Conservatives consistently fail to comprehend how bad things are, or how bad things are going to get.