New Study on GND Effects: 'Barely Distinguishable From Zero'
That's a whole lot of nothing for a "deal" that will cost the economy $9 trillion annually.
In a column for The Patriot Post in August of 2015, meteorologist and climate analyst Joe Bastardi asked, “All This for .01 Degrees Celsius?” in reference to Barack Obama’s scheme “to reduce greenhouse gases to save us from an apocalyptic atmosphere.” Bastardi’s point was to show that Obama’s carbon-emissions-reduction methods would accomplish virtually nothing. But don’t take his word for it. He cited former EPA Administrator Gina McCarthy, who at the time “admitted that the steps being taken would only prevent .01 degrees Celsius of warming, but it was the example that counted for the rest of the world.”
The Green New Deal is no different — both in terms of its bloviators and its influence.
According to the American Enterprise Institute’s Benjamin Zycher, the Left’s newest climate and socioeconomic monstrosity would similarly accomplish nothing — except to promote socialism. “Notwithstanding the assertions from GND proponents that it is an essential policy to confront purportedly adverse climate phenomena,” he writes, “the future temperature impacts of the zero-emissions objective would be barely distinguishable from zero: 0.173°C by 2100, under the maximum Intergovernmental Panel on Climate Change parameter (equilibrium climate sensitivity) about the effects of reduced GHG emissions.” He adds, “Under an assumption consistent with the findings reported in the recent peer-reviewed literature, the effect would be 0.083°C by 2100.”
Coming back full circle to Gina McCarthy’s ultimate objective, The Daily Wire’s Emily Zanotti says, “Green New Deal proponents, including Rep. Alexandria Ocasio-Cortez (D-NY), have long claimed that the GND … would be worth it if it such extreme measures would in the long run lessen our impact on climate.” Yet Zycher reports that “the annual economic cost of the GND would be about $9 trillion.” That’s a whole lot of nothing for a “deal” that will cost the economy $9 trillion annually and not really lessen our impact on climate.
Whether it’s the Clean Power Plan, Paris Climate Accord, or Green New Deal, the Left believes that spending oodles of money will solve the “problem” (whatever that is), even though some of them have conceded that temperatures won’t really change all that much. As Zycher summarily puts it, “The GND’s real goal is wealth redistribution to favored political interests under the GND social-policy agenda and a dramatic increase in government control of resource allocation more generally.”