By Keith Lockitch
This recession, with all its grim news of job loss and economic hardship, should be seen as a cautionary tale against coercive energy and climate policies.
Energy is the motive power that fuels production and trade. When economic activity slows, so does energy demand. But it goes the other way too. Imposing restrictions on the use of energy--as would occur under a system of carbon regulation--would choke off the economy’s fuel and shut down productive activity. The economic pain we’re all feeling in this recession is nothing compared to the pain we would feel if we adopt green policies that cut off fossil fuel consumption.
For one thing, a recession is a temporary downturn; we can expect that once the economy picks up again, producers will increase their demand for energy toward renewed growth and prosperity. Also, nobody sets out to cause a recession. But if we voluntarily adopt green policies that force cutbacks in energy, the result would be a self-inflicted depression that would cause economic pain for as long as the policies are in place.
Those who claim that we could avoid economic hardship by running a green economy on windmills and solar cells are seriously out of touch with reality. None of the so-called alternative energies that are supposedly going to power the ‘green energy revolution’ have proven themselves to be practical sources of energy. And this despite decades of research and billions of dollars in subsidies.
Whatever you think about global warming--and there is ample evidence to reject the hysterical claim that we are facing any sort of planetary emergency--the reality is that a drastic reduction in carbon emissions means a reduction in the use of energy far greater than anything we are seeing right now, and the corresponding economic decline would make this recession seem like a party.
Stock prices tumbled around the world. Most analysts pointed to fears surrounding the United States economy and a possible recession as the reason for the drop. Ironically, economic conditions in the United States were affecting the world economy on a day when its own markets weren't even in session -- they were closed for the Martin Luther King Jr. Day holiday. Three days later, news outlets were already reporting a new economic stimulus package, designed in part to try to prevent a recession. The economy’s recession is observe through the standard of living of people in the country. If they’re in debt, the possible conclusion to that is lacking in money or budget. They choose to look for any loan. Debt consolidation isn’t something a lot of people know about or even know if they need. If you are at your credit limit, it might be time for you to look into it. One of the first things you should do if you enter into debt consolidation is to stop using credit if at all possible. Using payday loans is far better than adding fuel to the fire with credit cards. Credit card interest adds up. If they are what got you into trouble in the first place then you might want to lay off the cards. It's better to use installment loans then make the problem worse after you begin debt consolidation.
Click here for some information:
http://personalmoneystore.com/moneyblog/2009/04/16/signs-debt-consolidation-part-6 /
For people with common sense to speak out against the "go green" nonsense.
Putting up more inefficient and wasteful windmills and solar cells made in China is a desperately poor investment. Putting a tax on fuel to pay for such chimerical schemes is nothing more than a method of digging a recessionary grave faster and deeper.
Europe is on the verge of Continental bankruptcy, as a result of European insanity to institute a sort of “cap and trade” system. European politicians who recognize the colossal mistake are trying to back away from this disaster as fast as they can – while others plan to demolish the Free World as we know it through a collective suicide agreement in Copenhagen.
Before shooting ourselves in both legs, it’s time for the American public to stand up and say, “enough is enough,” and reject any pretence of “saving the world” through energy schemes and wasteful projects that do nothing more than cause economic misery.
And if you think “global warming” is a problem, try selling that to Minneapolis residents who haven’t seen 20-plus degree weather in a month and a half. Tell them they have to freeze so you can carry out your mission to “save the world.”