The original New Deal was a disaster, the Green New Deal will be even more so. From Laurence M. Vance at fff.org:
We have heard much this year about how much the country needs a Green New Deal to reverse the negative effects of climate change, ensure economic security, revamp the nation’s transportation system, restore damaged ecosystems, secure a sustainable environment, and achieve justice and equality. Overlooked in all of the analyses of the Green New Deal is that Americans didn’t need the original New Deal.
The Green New Deal
On February 7, newly elected Rep. Alexandria Ocasio-Cortez (D-N.Y.) introduced in the U.S. House a resolution (H.Res.109) “recognizing the duty of the Federal Government to create a Green New Deal.” On the same day, the veteran Sen. Edward Markey (D-Mass.) introduced a companion resolution (S.Res.59) in the U.S. Senate. According to the U.S. Senate, “A simple resolution addresses matters entirely within the prerogative of one house,” is “also used to express the sentiments of a single house,” or may simply give “advice.” Simple resolutions require neither the approval of the other House of Congress nor the signature of the president, as they do not have the force of law.
Posted in Business, Collapse, Debt, Economics, Economy, Government, History, Law, Politics
Tagged Franklin Delano Roosevelt, Green New Deal, New Deal
The Green New Deal spins fervishly in the minds of people who know next to nothing about energy. From John Stossel at theburningplatform.com:
The Green New Deal’s goal is to move America to zero carbon emissions in 10 years.
“That’s a goal you could only imagine possible if you have no idea how energy is produced,” James Meigs, former editor of Popular Mechanics magazine, says in my latest video.
“Renewable is so inconsistent,” he adds. “You can’t just put in wind turbines and solar panels. You have to build all this infrastructure to connect them with energy consumers.”
Because wind doesn’t always blow and the sun doesn’t always shine, “renewable” energy requires many more transmission lines, and bigger batteries.
Unfortunately, says Meigs: “You have to mine materials for batteries. Those mines are environmentally hazardous. Disposing of batteries is hazardous.”
“Batteries are a lousy way to store energy,” adds physicist Mark Mills, senior fellow at the Manhattan Institute. Also, the ingredients of green energy, like battery packs, are far from green.
“You have to consume 100 barrels of oil in China to make that battery pack,” he explains. “Dig up 1,000 pounds of stuff to process it. Digging is done with oil, by big machines, so we’re consuming energy to ‘save’ energy — not a good path to go.”