The headline
is stark: “The climate denier-in-chief.”
The editorial which follows paints a picture of ecologic disaster, with
the following criticism of the president-elect’s views on global warming: “Trump’s
refusal to believe the broadly accepted scientific fact that human
activity—primarily the burning of fossil fuels—is filling the atmosphere with
carbon and other greenhouse gases could have lasting and devastating
consequences for the entire world.” The pointed
charge: “Trump, however, believes it’s all a hoax.”
Whether
or not global warming—renamed climate
change after warming came into question—is the result of human activity and
portends the hazards claimed, is questioned by many knowledgeable
scientists. Frankly, I doubt Mr. Trump
has the scientific understanding to know, one way or the other. However, whether the programs fostered by
climate change promoters constitute a hoax is another matter. When it comes to the design and operation of a
grandiose project which functions in a deceptive manner, Donald Trump is truly
an expert. If he declares that climate
change advocates are perpetrating a hoax on the American public, there’s a
strong likelihood that’s exactly what they’re doing.
With
the political changes soon to come, whereby Republicans will control the presidency
as well as both houses of congress, it’s less likely huge sums of federal monies
will continue to flow to those companies tied to the greening of America. In all likelihood neither the solar nor
electric car industries will receive the favored treatment they’ve come to
enjoy, with tax credits being the first thing to be phased out. But most significantly, those firms whose
sole justification for existence is embracing the climate change concept
currently in favor will actually have to begin showing a profit. The first such outfit which comes to mind is
Tesla Motors, a marketer of electric vehicles which, since its inception in
2003, consistently operates at a loss. Despite
the Class A hyperbole, which is its standard product, were it not for government
giveaway programs, Tesla would not exist.
A
final thought: Climate change has been a feature of earth since its
creation. Some 2.5 million years ago the
island of Greenland resembled the green Alaskan tundra region. Today it’s mostly a frozen wasteland covered
by a massive ice sheet which has extended and retracted countless times—with no
input from we Homo sapiens. With this
reality in mind, it appears our nation’s leadership is about to revise the
rules in which vast fortunes were garnered by engaging in the climate change
charade.
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If you enjoy this
weekly Straight Talk by Al Jacobs, you’re invited to check out my monthly
Financial Newsletter, as well as my new book, The Road to Prosperity
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