Farewell ScoMo, hello crippling costs of climate fantasy
/Scott Morrison is heading off to lead Australia’s team at the Glasgow climate change meeting. He goes with a formula that will continue the nation’s shuffling towards diminished income levels from the politically motivated sabotage of the economy.
Like Joe Biden and most other leaders who have decided to attend, Scott Morrison brings nothing extra to the table. Amidst the Conference’s impassioned pleas and scary stories, there will be no dramatic new pledges, no carbon border tariffs, no methane-driven constraint on beef growers and further deferrals in the promised gifting of $100 billion a year “compensation” the rich nations have promised poor nations. Voices from climate realists and alarmists alike will declare COP26 a failure just like the previous UN jamborees.
But such conclusions are mistaken. They are largely conditioned by the woke media’s disappointment that climate alarmists have fallen short of their ambitious overreach. In fact, the outcome of COP 26, like that of its 25 predecessors will be a further inching away of the world’s economies – more particularly those of the Western world – from the low cost, enterprise-driven production processes that have given even the poorest nations living standards that were inconceivable two centuries ago. …. Read more here