The Old-School Liberal

“Freedom granted only when it is known beforehand that its effects will be beneficial is not freedom” — Friedrich Hayek

Posts Tagged ‘Global Warming’

The Federal Government Hurts the Environment and the Economy

Posted by Poorsummary on March 9, 2008

broke-sam.gif Surprising to hear a voice in Boston about how government meddling makes our lives worse, but props to Jeff Jacoby for this scathing article on how Big Brother screws things up. (Read Jacoby’s full article here.) First, consider ethanol subsidization:

The problem, laid out in two new studies in the journal Science, is that it takes a lot of land to grow biofuel feedstocks such as corn, and as forests or grasslands are cleared for crops, large amounts of CO2 are released. Diverting land in this fashion also eliminates “carbon sinks,” which absorb atmospheric CO2. Bottom line: The government’s ethanol mandate will generate a “carbon debt” that will take decades, maybe centuries, to pay off…

Now, consider the government’s role in bringing about the financial crisis of the era: the Subprime Mortgage problem:

The crisis has its roots in the Community Reinvestment Act of 1977, a Carter-era law that purported to prevent “redlining” – denying mortgages to black borrowers – by pressuring banks to make home loans in “low- and moderate-income neighborhoods.”…But to earn high ratings, banks were forced to make increasingly risky loans to borrowers who wouldn’t qualify for a mortgage under normal standards of creditworthiness…The financial fallout has hurt investors around the world. And all of it thanks to the government, which was sure it understood the credit industry better than the free market did, and confidently created the conditions that made disaster unavoidable.

And now Clinton wants to get the government involved in improving baseball. Yet another one of Hillary’s pipe dreams the country can certainly do without.

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Getting the Facts Straight About Global Warming

Posted by Poorsummary on November 12, 2007

Global Warming

A few weeks ago, I posted a link to a John Stossel article on global warming. My link to the article elicited the following response from Jonnonogood:

“This is wrong. Maybe get your facts correct…Thats is a 20ft rise if Greenland melted. This what the 2007 IPCC report agrees with. You sad little man, learn your facts. He never stated a date to when this would happen. Go read a book!”

Jonnonogood wants me to get my facts correct– or to be more precise, he wants me to get Stossel’s facts correct, since I merely posted a link to Stossel’s article– but fair enough. Let’s consider the facts in my excerpt of Stossel’s article:

Fact 1: “Gore says that if we allow the globe to warm, ‘sea levels worldwide would go up 20 feet.'”

This should be easy enough to check. Either Gore said that allowing the globe to warm would result in a 20 foot increase in sea levels, or he didn’t. Thankfully, Greg Hoke has posted the transcript to Gore’s movie (from which Jonnonogood quoted in his comment) here. Here’s what Gore said:

Read the rest of this entry »

Posted in Current Events, Politics | Tagged: , , , , , , | 5 Comments »

John Stossel questions the “consensus” regarding climate change

Posted by Poorsummary on October 20, 2007

Stossel reports on the actual facts surrounding climate change:

“Gore says that if we allow the globe to warm, ‘sea levels worldwide would go up 20 feet.’ Then he shows his audience terrifying maps of Florida and San Francisco submerged under rising sea levels. But the Intergovernmental Panel on Climate Change, which shared last week’s Nobel Prize with Gore, said that would probably take thousands of years to happen. Over the next 100 years, sea levels are expected to rise seven to 24 inches, not 20 feet.”

Read the whole article here.

Posted in Government Gaffes, Politics | Tagged: , , , , | 4 Comments »