Tag Archive for: green economy

Green Dreams, Inflationary Realities

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Global policy and politics, particularly in the high-income world, have been obsessed with dreams of a green economy. Imposing ever-more rigid methods to reduce greenhouse gas emissions as the way to “save the planet” is almost unchallenged in the media, academia, and corporate boardrooms of the developed world. The results on the ground have been less convincing, as the price of everything—from energy and food to construction costs—rises to unsustainable levels Read more

Green Rope-a-Dope: China Watches as America Greens

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The color green has long been associated with envy, but increasingly it’s becoming a pigment of mass delusion. Amid near-hysterical reporting about the climate, the U.S., and much of the West, is embracing willy-nilly policies likely to weaken our economy and boost China’s ascendancy at the expense of democracy and market economies.

In essence, China is adopting a version of the great Muhammad Ali’s “rope-a-dope” boxing strategy, which had the opponent wear himself out by launching harmless punches as Ali lounged on the ropes. Then, as the rival began to weaken, Ali would seize the moment and pummel him.

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Green Hypocrisy Hurts the Poorest

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Roughly a half century ago, rising energy prices devastated Western economies, helping make the autocrats of the Middle East insanely rich while propping up the slowly disintegrating Soviet empire. Today the world is again reeling from soaring energy prices; but this time the wound is self-inflicted — a product of misguided policies meant to accelerate the transition to green energy.

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The Green New Deal will Impoverish America

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‘The interesting thing about the Green New Deal is it wasn’t originally a climate thing at all… Do you guys think of it as a climate thing? Because we really think of it as a how-do-you-change-the-entire-economy thing.’ So said Saikat Chakrabarti, former chief of staff for Alexandria Ocasio-Cortez, and generally acknowledged author of the Green New Deal.

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