Watch Stossel: Net Zero Is Dying: Blackouts, High Costs & the Politicians & CEOs Who Quietly Changed Their Minds

By John Stossel

We were told climate change is an “existential” threat.

So governments everywhere pledged to go net-zero and stop increasing emissions.

It didn’t work.

Net-zero was pushed again and again. President Biden pledged the USA would go net-zero by 2050. Obama bragged about how, “700 cities in more than 50 countries have pledged to reach net-zero.” For a while it seemed like that might happen. Some European countries claimed to get 60% of their power from renewables. But then they faced soaring energy costs and blackouts. “The power outages are the starkest illustration of bad electricity policy,” says energy expert Alex Epstein. “But you can avoid power outages with these bad policies. What you can’t avoid is scarcity and rationing and poverty.” In the video above we break down those consequences, explain why net-zero fails, and cover the governments (and businesses) walking back their net-zero push.
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By John StosselEuropean businesses closed as electricity costs rose — and last year, Spain’s electricity supply shut down for 16 hours.

It was a wake-up call for the green dream.

“The power outages are the starkest illustration of bad electricity policy,” said Alex Epstein, author of “The Moral Case for Fossil Fuels.”

“You can avoid power outages with these bad policies. What you can’t avoid is scarcity and rationing and poverty.”

On top of that, the push for net zero left people more vulnerable to climate extremes.

There were 10,000 excess deaths this year during a heat wave in June, Reuters reported.

“These places in Europe can’t keep cool in the summer,” marveled Epstein, “even though we’ve had this technology for 100 years called air conditioning.”

A majority of Americans have air conditioning, but only about 20% of European homes do.

In Britain, some homeowners were even ordered to tear out air conditioners under climate laws.

“This is just the pure religious nature of the climate catastrophist movement,” Epstein said.

“It has one commandment: ‘Thou shalt not impact nature.’ They just think that everything good is a happy climate god and everything bad is a vengeful climate god.”

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