Broadcast August 23, 2019 – Fox News Channel – Fox & Friends
Sen. Sanders: Climate change is not a hoax because very serious reality for the planet…Climate change is real and it is causes deficit stating problems in our country and all over the world…We need bold and aggressive action to combat climate change.
Steve Doocy: There you’ve got Bernie Sanders yesterday unveiling his plan for a Green New Deal. The newest green New Deal. Promising to combat climate change to the tune of over $16 trillion. Here to break down the details Marc Morano, Publisher of Climate Depot and author of the Politically Incorrect Guide to Climate Change. Good morning to you.
Marc Morano: >> Good morning, Steve. Happy to be here.
Steve Doocy: if all this stuff that Bernie wants, went into effect, how would it affect the climate?
Marc Morano: “If you go out fifth to 100 years, using the EPA’s climate models and assuming they are correct on the science. If you assume Al Gore is correct you would not be able to measure a temperature difference in 100 years based on the UN climate deal, the Paris agreement. It’s pure climate symbolism. Their own science supports that this is not about the science or climate change.
Steve Doocy: okay. So, let’s talk a little bit about what’s in it. He wants 100 percent renewable energy. Cut domestic emissions by 71%. Create 526 billion-dollar electric grid. On the big screen right now, if we could go back one, let’s look at how they would pay for it. 6.4 trillion from the sale of clean energy. 1.2 trillion from military cuts. 3.1 trillion in fossil fuel litigation. So they are going to sue the oil companies and 2.3 trillion raised from taxes on new Jobs. What do you think of that?
Marc Morano: It’s a massive restructuring. Interesting thing is suing the fossil fuel companies. First of all, fossil fuels provide more than 80% of the U.S. Energy, global energy. Solar and wind that he wants to by 2030 have 100 percent essentially renewables powering our economy — are 3% according to the U.S. Information Agency. He is going to turn 3% (solar and wind), somehow to into 100 percent magically at the same time go after fossil fuels which means prices are going to go up for everyone, hey, guess what? Energy price goes up. Bernie has the solution. He will have the government subsidize people who can’t pay so he is going to control it on one hand an subsidize it. It’s the perfect central planner’s dream. Perfect control over the energy economy with this plan.
Steve Doocy: He already endorsed AOC’s green New Deal. What’s the difference?
Marc Morano: The difference is this is even more ambitious. Bernie doesn’t want to be outdone by an upstart like AOC. He is coming out with his more aggressive, more expensive, more sweeping plan. So now the burden is back on AOC is she going to come back and compete with Bernie here” I don’t know, Bernie is now the king of the Green New Deals.
GREEN REVOLUTION? SOLAR & WIND PRODUCED JUST 3% OF GLOBAL ENERGY – Wind and solar energy generation is growing, but it’s still an incredibly small part of the global energy mix, according to statistics compiled by the oil giant BP. Meanwhile, fossil fuels — coal, natural gas and oil — accounted for 85% of global energy consumption in 2018, BP reported Tuesday as part of its annual energy report. In fact, BP reported the U.S. led the world in oil and natural gas production growth. U.S. petroleum output saw the biggest annual growth ever recorded in any country, BP said. In other words, shale is booming. The U.S. surpassed Saudi Arabia and Russia in 2018 to become the world’s largest oil-producing nation. “Oil remains the most used fuel in the energy mix,” BP reported in its annual energy review. “Coal is the second largest fuel but lost share in 2018 to account for 27%, its lowest level in 15 years. The share of natural gas increased to 24%, such that the gap between coal and gas has narrowed to three percentage points.”
EIA data 2018: Wind & solar met 3% of U.S. energy after $50 billion in subsidies – Fossil Fuels 81% – The EIA (U.S. Energy Info Admin) AEO 2019 report shows that in year 2018 wind and solar energy resources provide about 3% of U.S. total energy consumption while fossil fuel energy resources provide about 81% of total energy use.PTC (Production Tax Credit) subsidies for renewable solar and wind projects in the U.S. have now reached about $50 billion dollars in cumulative payments through year 2018 with these resources providing about 3% of our countries total energy consumption in that year…Additionally these annual wind and solar subsidiies now total more than $8 billion dollars per year.