The right is almost certainly wrong in their denial of the causal connection between CO2 emissions and global warming. However, they are right about one thing: decarbonization is going to be expensive. There is a reason why fossils fuels became the chief source of energy for mankind. They are very energy-dense, not very expensive to produce and can easily be stored. The enormous rise of prosperity among most humans since 1750 would not have been possible without fossil fuels.
The left often talks about other sources of energy as if they are an economic boon. They are nothing of the sort. If you have to replace your furnace for a green source of heating, then that is a cost, not a benefit to you. It may be a necessary cost, but let’s not pretend that it will make you richer. Similarly, if mankind has to abandon fossil fuels, this will be very costly.
The argument that green energy creates jobs is pathetic, not because there won’t be new jobs in that sector, but because we can’t only look at jobs that are being created but also have to look at jobs that are being destroyed. If coal mines, oil refineries, gas stations, etc all have to close, then that means job losses. This green argument is on the same level of stupidity as the argument that increased military expenditure is good for the economy because it creates jobs in the arms industry and the armed forces. Yes, and it destroys in the civilian sector.
Sooner or later, mankind will have to be weaned off fossil fuels, but let’s not pretend that it will be cheap and easy. regards. James
We have to go off fossil fuels no matter the economic costs. This is the insanity of capitalism. Capitalists that we have to blow up the whole damn planet in order to save the economy. In other words, if it’s a choice between a hit to the economy and destroying the planet, the capitalists say, fine, let’s destroy the planet.
Are you starting to see why we socialists hate capitalism so much?