{"id":1431629,"date":"2023-10-09T09:00:00","date_gmt":"2023-10-09T13:00:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1431629"},"modified":"2023-10-09T09:00:00","modified_gmt":"2023-10-09T13:00:00","slug":"biden-promotes-climate-change-at-the-expense-of-more-global-poverty","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/biden-promotes-climate-change-at-the-expense-of-more-global-poverty\/1431629\/","title":{"rendered":"Biden Promotes Climate Change At The Expense Of More Global Poverty"},"content":{"rendered":"

Biden Promotes Climate Change At The Expense Of More Global Poverty<\/span><\/p>\n

\n

Authored by Mike Shedlock via MishTalk.com,<\/em><\/a><\/p>\n

The mad rush to deal with climate change, even if it works (it won\u2019t), has a nasty tradeoff (more global poverty)…<\/strong><\/em><\/p>\n

<\/a><\/p>\n

The Wall Street Journal asks\u00a0Will the World Bank Choose Climate Change Over Poverty?<\/a><\/p>\n

That should not be a statement, not a question.<\/p>\n

Well-off nations seem to have forgotten that while they\u2019re no longer plagued by poverty-related ills such as hunger and illiteracy, most people in the world still are. Increasingly, the Biden administration and leaders of other high-income countries are putting climate policy ahead of these core development issues.<\/p>\n

It\u2019s easy to treat reducing carbon output as the world\u2019s priority when your life is comfortable. Things can still be tough for people in high-income countries, but the 16% of the global population who live in those countries don\u2019t routinely go hungry or see their children die.<\/p>\n

Much of the rest of the world, however, is still struggling. While conditions vary, across poorer countries five million children die each year before their fifth birthdays and almost a billion people don\u2019t get enough to eat. More than two billion have to cook and keep warm with polluting fuels such as dung and wood, which shortens their lifespans. Although most young kids are in school, education is so dismal that most children in low- and lower-middle-income countries will remain functionally illiterate.<\/p>\n

Opportunity is restricted in particular by a lack of the cheap and plentiful energy that allowed rich nations to develop.\u00a0In Africa, electricity is so rare that total monthly consumption per person is often less than what a single refrigerator uses during that time.\u00a0<\/em>This absence of energy access hampers industrialization and growth. Case in point:\u00a0The rich world on average has 530 tractors per 10,000 acres, while the impoverished parts of Africa have fewer than one<\/em>.<\/p>\n

Efforts to divert development aid to climate policy also smack of hypocrisy. Though rich nations refuse to fund fossil-fuel-related projects abroad\u2014either directly or through international financial institutions\u2014high-income countries still get almost 80% of their energy from fossil fuels. This is in large part because solar and wind power remain intermittent. To make them reliable is expensive, as they require massive backup from batteries or fossil fuels<\/em>.<\/p>\n

A Step in the Right Direction<\/strong><\/h2>\n

On September 21, 2023, I commented\u00a0A Step in the Right Direction: UK Prime Minister Trashes Climate Change Goals<\/a><\/p>\n

Cheers to UK PM Rishi Sunak for pushing back climate change goals from 2030 to 2035.<\/p>\n

The reaction was swift by jet-setter hypocrites like Al Gore and John Kerry.<\/p>\n

Gore, now one of the world\u2019s foremost advocates for swift action to avert the climate crisis, told CNN: \u201cI find it shocking and really disappointing \u2026 I think he\u2019s done the wrong thing. I\u2019ve heard from many of my friends in the UK including a lot of Conservative party members who have used the phrase, \u2018utter disgust\u2019.<\/p>\n

Global Elites Took 150+ Private Jets to Fight Climate Change in Davos<\/strong><\/h2>\n

Fox News reports\u00a0Global Elites Took 150+ Private Jets to Fight Climate Change in Davos<\/a><\/p>\n

Klara Maria Schenk, a campaigner for environmental group Greenpeace International, said in a statement ahead of the conference: \u201cThe rich and powerful flock to Davos in ultra-polluting, socially inequitable private jets to discuss climate and inequality behind closed doors.\u201d<\/p>\n

What About John Kerry?<\/strong><\/h2>\n

I\u2019m glad you asked. Please note\u00a0John Kerry\u2019s Family Private Jet Emitted Over 300 Metric Tons of Carbon Since Biden Took Office<\/a>.<\/p>\n

Also note\u00a0John Kerry Says We Need \u201cMoney, Money, Money, Money\u201d to Combat 1.5 Degrees of Climate Change<\/a><\/p>\n

JUST IN \u2014 WEF2023: John Kerry Says the Only Way to Get to 1.5 Degrees of Global Warming is \u201cMoney, Money, Money, Money, Money, Money, Money\u201d pic.twitter.com\/60qCo1hVsq<\/a><\/p>\n

\u2014 Chief Nerd (@TheChiefNerd) January 17, 2023<\/a><\/p>\n

CBAM Tax the Poor<\/strong><\/h2>\n

<\/a><\/p>\n

To save the world from climate change, the EU Imposes the\u00a0World\u2019s Largest Carbon Tax Scheme as Inflationary Madness Sets In<\/a><\/p>\n

An EU Carbon Border Adjustment Mechanism (CBAM) will be set up to equalise the price of carbon paid for EU products operating under the EU Emissions Trading System (ETS) and the one for imported goods. This will be achieved by obliging companies that import into the EU to purchase so-called CBAM certificates to pay the difference between the carbon price paid in the country of production and the price of carbon allowances in the EU ETS.<\/p>\n

CBAM will cover iron and steel, cement, aluminum, fertilizers and electricity, as proposed by the Commission, and extended to hydrogen, indirect emissions under certain conditions, certain precursors as well as to some downstream products such as screws and bolts and similar articles of iron or steel.<\/p>\n

Spotlight Africa<\/strong><\/h2>\n

Let\u2019s tune into a Tweet Thread by Faten Aggad Senior Advisor Climate Diplomacy\u00a0@AfricanClimateF.<\/p>\n

African countries most exposed are both middle-income and low-income countries. #Mozambique<\/a>, which accounts for 7% of EU’s aluminium imports but for which EU exports represent 25% of its export earnings, may lose up to 1% of its GDP according to @CGDev<\/a> https:\/\/t.co\/CVw11UyEgb<\/a><\/p>\n

\u2014 Faten Aggad (@fatenaggad) December 13, 2022<\/a><\/p>\n

The Shocking Truth About Biden\u2019s Proposed Energy Fuel Standards<\/strong><\/h2>\n

In case you missed it, please consider\u00a0The Sh<\/a>ocking Truth\u00a0<\/a>About Biden\u2019s Proposed Energy Fuel Standards<\/a><\/p>\n

The National Highway Traffic Safety Administration NHTSA did an impact assessment of 4 fuel standard proposals and compared them to the cost of doing nothing. Guess what.<\/p>\n

The NHTSA conclude:\u00a0\u201cNet benefits [of stricter mile standards] for passenger cars remain negative across alternatives<\/em>\u201d\u00a0vs doing nothing at all.<\/strong><\/p>\n

The National Highway Traffic Safety Administration has concluded Biden\u2019s mileage standards have\u00a0\u201cNet benefits for passenger cars remain negative across alternatives\u201d vs doing nothing at all<\/em>.<\/p>\n

And to top it EVs don\u2019t do a damn thing for the environment. See\u00a0Biden\u2019s Solar Push Is Destroying the Desert and Releasing Stored Carbon<\/a><\/strong><\/p>\n

It\u2019s easy for hypocrites to trot the world in their jets preaching the world will end if nothing is done.<\/p>\n

Meanwhile, Germany has turned to coal while getting rid of nuclear and the US is heavily subsidizing offshore wind farms that are are economically unfeasible even with subsidies. In addition, wind farms kill whales in the process.<\/p>\n

Countries in Africa don\u2019t stand a chance. They have no money for anything let alone subsidized wind farms that make no economic sense.<\/p>\n

But that is what Biden, AOC, Kerry, Gore, demand.<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nMon, 10\/09\/2023 – 05:00<\/span><\/p>\n

\u200bhttps:\/\/www.zerohedge.com\/geopolitical\/biden-promotes-climate-change-expense-more-global-poverty<\/a>\u00a0<\/p>\n

\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Biden Promotes Climate Change At The Expense Of More Global Poverty Authored by Mike Shedlock via MishTalk.com, The mad rush to deal with climate change,…<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1431629","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1431629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1431629"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1431629\/revisions"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1431629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1431629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1431629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}