By John C. Goodman Wealthy liberals who are concerned about economic inequality and climate change have a new reason to feel guilty. Not only are they enjoying the fruits of wealth inequality, but they are using their wealth in ways that generate far greater inequality in the use of energy. In a first-of-its-kind study, University…
Riots in Chile have led to violence, 18 reported deaths, and a state of emergency. What caused the riots? John Authers writes in the Washington Post that there are a number of reasons. Second in importance after income inequality is energy price hikes. The immediate cause was a 4 percent rise in transit fares, which rose partly because of a switch to more-expensive renewable energy.
The catalyst was a proposal to raise public transport fares and energy bills. There is ample evidence from across the world that these will incite rebellion like nothing else — a point that those who hope to reduce greenhouse-gas emissions via a carbon tax should bear in mind.
The violent protests of the Gilets Jaunes in France were over higher gasoline taxes, which were seen as penalizing car-dependent people in the provinces while favoring metropolitan elites. Mexico in 2017 saw riots and protests against what was known as the “gasolinazo,” a 20% rise in fuel prices that was a part of the government’s partial privatization of Pemex, the monopoly state oil company.
Last year, Brazil was rocked by protests and a strike by truck drivers in response to fuel shortages and a sharp increase in the price of diesel.
Authers, who writes for BloombergOpinion, listed the other reasons as the lack of a populist leader who could control populism and slumping prices of copper, a major Chilean export.
- The federal tax credit for wind energy ends Dec. 31, 2019.
- Countries are dumping wind turbines on the U. S., hurting U.S. producers.
- The Internatiinal Trade Commission is considering tariffs on turbines and parts.
The wind industry is entirely dependent on government favoritism, says Rob Bradley Jr., Ph.D., CEO of the Institute for Energy Research.
“Cronies live and die by the government sword,” Bradley said. “Each and every wind project depends on large tax subsidies as well as preferential federal regulations to be built.
“It is ironic—and rare—the wind industry finds itself on the losing end of government policy, but tariffs on imported parts are just that,” Bradley said.
“How about eliminating all the subsidies, along with the tariffs, and let the market, not government, decide what electrical generation is best?” Bradley said.
They are all the rage in corporate America and on Wall Street. The idea is to express your commitment to ecological goals through decisions that reduce carbon dioxide emissions in order to reduce global warming. Morgan Stanley, a leading investment bank, has just committed itself to “net-zero financed emissions by 2050,” And “net-zero carbon emissions”…
HEADLINES: The last coal-fired power plant operating within Oregon has closed down (20 years ahead of schedule). OPB News. HT-E&E News . . . Why President Trump’s revisions of “critical habitat” matter. At CEI . . . Are we getting closer to a carbon tax? FERC indicates it is open to approving a tax if…
Today’s Links: NASA has made stealth changes in temperature history, reports Tony Heller on Real Climate Science. (HT-Myron Ebell) . . . Matt Ridley discusses what Covid-19 has taught us about science and scientists. In the Wall Street Journal (paywall), summarized by the Science and Environment Policy Project. . . . California continues to look out…
HEADLINES: ‘Finding ‘the raincloud in every silver lining.’ That’s the New York Times on the new Venice floodgates, says Michael Walsh in The Pipeline . , , Pat Michaels at CEI: Sea-level rise will be ‘pretty small beer.’ HT-Myron Ebell . . . Not many wildfires in Canada this year and no upward trend, says…