(Guest author Blake Hurst raises soybeans, corn, and greenhouse crops on his family farm in Tarkio, Missouri.)
Nestled among all the other items in the optimistically named Inflation Reduction Act are 369 billion of your dollars to encourage “climate solutions and environmental justice.” I’ll leave it to readers to imagine what environmental justice might look like, but I’m pretty sure that whatever portion of the 369 billion is spent on environmental justice it won’t be enough.
Cashing In on Climate Change Subsidies: It Helps to Be Rich
Somini Sengupta of the New York Times has candidly shared an analysis of “how to get government aid to ditch fossil fuels.” Here’s a sample (Sengupta cites research by two colleagues). “How do you cash in?” she asks. Her answers: “For those of you who own a single-family home, if you can fork out the…
Friday Links
- “Climate alarmism is tyranny with green wrapping, delivered with terror.”
- Colorado River Indian tribes can now lease their water to drought-stricken users.
- Senators challenge Department of Labor’s decision to let pensions use ESG (environmental, social, and governance) criteria in investing.
- “The nail in the coffin?” The Biden administration blocks a potential gold and copper mine in Alaska.
- Fish and Wildlife Service knew predictions for Antarctica ice were flawed but used them to list the emperor penguin as a threatened species, says Susan Crockford.
Biden Administration Blocks Another Mine—for 20 Years
Biden’s Interior Department is preventing mining near the Boundary Waters Canoe Area Wilderness. The Wall Street Journal editorialized on this subject on January 30 (behind a paywall), saying “The Biden Administration is heavily subsidizing electric vehicles, but at the same time it is blocking mineral projects needed to produce them. Another example of this head-scratching contradiction…
Something Else to Worry About: Falling Wind Turbines
Tim Newcomb of Popular Mechanics writes: “Wind turbine failures are on the uptick, from Oklahoma to Sweden and Colorado to Germany, with all three of the major manufacturers admitting that the race to create bigger turbines has invited manufacturing issues, according to a report from Bloomberg. “Multiple turbines that are taller than 750 feet are collapsing across…
Some Conservatives Seem to Support “ESG.” This Is Not Good News.
ESG stands for “environmental, sustainable, governance.” It is a vague standard of corporate conduct that some forces want to use to guide investment. Yes, they want to expand the standards used when selecting stocks beyond financial criteria. Most free-market supporters see this as a violation of traditional standards of fiduciary management. Rupert Darwall of RealClearEnergy…