Under current American energy policy, it often feels like we should just wave a flag of surrender. We have so few wins. But there is some cheer-worthy news!
What I am reporting on took place on April 16 and, therefore, was buried in the Boston bombing news. This news blows up the entire climate change scheme.
My Margaret Thatcher piece, chronicled global warming/climate change history. In short, I posit that Europe has embraced the ruse and pushed it on other western economies, as it would change the energy playing field by removing America's low-cost energy advantage. This, I believe, is why the European Union (EU) originally began espousing the narrative. They have been the leaders in so-called green energy and are held up as the one to follow. The EU has actually implemented cap and trade.
Now, some new fallout.
The Economist magazine phrased it this way: "On April 16th the European Parliament voted to reject an attempt to bolster Europe's flagship environmental programme, the Emissions Trading System." The Wall Street Journal, like this: "The European Parliament refused to save the EU's failing program, which is the true-believer equivalent of the pope renouncing celibacy."
In its coverage, the Financial Times affirmed my postulation: "The shale gas revolution in the US, which has lowered energy prices for the country's manufacturers, has heightened Europe's concerns about industrial competitiveness."
Regarding the European Commission's proposal to withdraw a large tranche of permits from the market to reissue later, Roger Helmer, a Member of the European Parliament, posted the following on his blog: "It would also (though the EC doesn't mention this) make energy more expensive; undermine European competitiveness even further; drive even more businesses and jobs and investments offshore (known in the jargon as 'carbon leakage'); and force more households and pensioners into fuel poverty."
Add to this news the "climategate" email leaks that proved tampering with evidence and a repression of dissenting opinion; England's announcement that wind turbines are a "blight;" BP's near-total retreat from renewable energy; and Europe's tree-thefts as a result of high-cost heating bills and its increasing use of wood and coal for energy production-and you have environmentalists running scared.
Remember, the EU has been a leader in manmade climate change mitigation-and in demanding the same from us. The Economist states: "Over the past few years more than a dozen countries and regions have followed the EU in establishing or proposing cap-and-trade schemes." And from the Wall Street Journal: "Aided by Al Gore, Europe tried to turn cap and trade into a global policy." The Financial Times reports: "The repercussions of Tuesday's vote are spreading far beyond the EU to other nations with carbon market plans, including Australia, Korea and China." And now they've realized, from the Economist: "In a new world of carbon trading, the (Emissions Trading System) will not be the scheme that others copy."
Why the change in approach? According to the Economist, Europe's largest companies, especially energy-intensive ones such as chemical firms, opposed the reforms. "They complain that the system is imposing higher costs on them and they do not want carbon prices artificially raised." From the Financial Times: "Complaints from business groups that the carbon market and other climate policies are contributing to higher energy prices at a time when they are already grappling with a weak economy appeared to be decisive in Tuesday's vote."
Bottom line? It is about low-cost energy. A cap-and-trade scheme-or a carbon tax-artificially raises the price of energy, at a time when inflation is nipping at the heels of individuals and industry.
Helmer observed: "For the first time in my recollection, the European parliament has faced up to reality, and voted for jobs and economic survival rather than climate alarmism."
I hope this good news will motivate and inspire you to keep up the fight when you are tired of waving signs and, instead, feel like waving a flag of surrender. The EU parliament story is a big win! It is a battle, not the war, but a victory for rational policy and cost-effective energy, nonetheless.
The environmentalists are on the defense; they feel cornered and are trying to strike back. After the EU vote, 21 environmental groups called for a moratorium on coal leasing in Montana and Wyoming's Powder River Basin-from which 40% of America's coal comes. Reports say: "They also want more attention given to the climate change impacts of greenhouse gasses emitted when coal is burned." Environmental activist Daryl Hannah's latest film, Greedy Lying Bastards, is now playing. Forbes contributor Larry Bell says this about the "disinfomercial:" "It is premised on the notion that Big Oil is pouring lots of carbon-drenched money into pockets of climate crisis skeptics." Bell quoted, Ron Arnold: "Greedy Lying Bastards producers spent nearly $2 million to complain about climate skeptic money, in yet another Big Green attack on anyone who disagrees with the climate fanatic industry which is, itself, a multi-billion-dollar enterprise that seeks to impose anti-energy policies in the name of preventing climate change."
I believe, if we spread the good news, we can impact public opinion and prevent the USA from going down the same expensive path upon which the EU embarked.
The author of Energy Freedom, Marita Noon serves as the executive director for Energy Makes America Great Inc. and the companion educational organization, the Citizens' Alliance for Responsible Energy (CARE).