American Elephants

Raising the “Social Cost” of Carbon? Hidden In a Minor Rule. by The Elephant's Child

Now that we have established, once again, that the climate models cannot predict anything, and that increases in CO2 don’t cause warming temperatures, but warming temperatures cause increases in CO2 — Obama has quietly raised the ‘carbon price’ to combat climate change.

This was buried in a little-noticed rule on microwave ovens. [Now what are they doing to our microwaves?] It is a change in the U.S. government’s accounting for carbon emissions that can have wide-ranging implications for everything from power plants to the Keystone XL pipeline.

The increase in the so-called ‘social cost’ of carbon to $38 a metric ton in 2015, from $23.80 adjusts the calculation the government uses to weigh costs and benefits of proposed regulations. This is meant to approximate the losses from global warming such as flood damage and diminished crops. “Cult science!”

And “cult science” leads to “cult math.” Anything from new mileage standards to clean energy loans will seem more valuable in its cost-benefit analysis.  Environmentalists, or cult scientists, can use the cost-benefit analysis to fight projects that they oppose, like the Keystone XL pipeline , or any coal mining on public lands. That these projects would create thousands of highly paid jobs, and plentiful cheap energy can now be attacked on the basis of cost-benefit analysis based on false figures. The cult science folks won’t give up easily.

As we learn that climate damage is worse and worse, there is no direction they could go but up,” Laurie Johnson, chief economist for climate at the Natural Resources Defense Council, said in an interview. Johnson says the administration should go further; she estimates the carbon cost could be as much as $266 a ton.

This sort of thing is supposed to be opened to public comment, but the Obama administration often does things behind closed doors. That’s why they are so embroiled in scandals. Expect it to get worse. Obama will attempt to get what he wants through executive order and regulation.  The EPA will have all sorts of rules coming up to deprive us of cheap efficient power and force us into dependence on expensive, inefficient wind and solar.

Obama is determined that one of his great accomplishments will be saving us from the rise of the oceans and beginning the healing of the planet. The attempt to force us to rely on “clean energy” from wind and solar will collapse, because the technologies won’t work — wind is too intermittent and solar is too diffuse, and we an only make them useful at all by supporting them with ordinary energy.


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