https://www.foxnews.com/opinion/is-this-the-greatest-taxpayer-ripoff-in-american-history
By Stephen Moore
For at least the last 20 years, politicians in Washington, at the behest of green energy groups, have spent some $100 billion of taxpayer money to fight climate change and reduce greenhouse gas emissions. How is that going for us so far?
A recent Associated Press story, based on the latest data on global carbon emissions, provides a pretty accurate report card: “Carbon Dioxide Emissions Reached a Record High in 2022.”
The article tells us: “Communities around the world emitted more carbon dioxide in 2022 than in any other year on records dating to 1900, a result of air travel rebounding from the pandemic and more cities turning to coal as a low-cost source of power. Emissions of the climate-warming gas that were caused by energy production grew 0.9% to reach 36.8 gigatons in 2022, the International Energy Agency reported Thursday. (The mass of one gigaton is equivalent to about 10,000 fully loaded aircraft carriers, according to NASA.)”
You’ve got to almost shriek out loud when you read this line: “Thursday’s (IEA) report was described as disconcerting by climate scientists.”
“Disconcerting”? That’s putting it lightly. We are the furthest thing from being climate change alarmists, but when you spend $100 billion of taxpayer money and achieve absolutely nothing, President Joe Biden and his green allies should be arrested for criminal fraud.
Where did all the money go? Tens of billions of dollars have lined the pockets of left-wing environmental and social justice groups that have been emitting a lot of hot air but no results. Green energy companies have milked taxpayers of tens of billions more, even as wind and solar only produce about 12% of our energy.
Is this the greatest ripoff of U.S. taxpayers in history?
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Nothing the Left is doing on climate change is making even the tiniest bit of difference, as the new report shows. What it is doing is giving politicians and activists a chance to virtue-signal. Does it even matter to them that none of their schemes are working?
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If congressional Republicans are smart (a big if), they will not appropriate one penny more for this epic public policy flop. If we want to save our country’s future for our children, the first step is to stop adding to our $32 trillion national debt.
