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In article <t1tgu5$38pca$131@news.freedyn.de>
<governor.swill@gmail.com> wrote:

Add any admitted progressive to the cull list.

“The Inflation Reduction Act invests $369 billion to take the
most aggressive action ever — ever, ever, ever — in confronting
the climate crisis and strengthening our energy security,”
President Joe Biden said Tuesday at the White House, just before
signing the IRA into law.

IRA goes far beyond the massive figure that Biden cited. This
leviathan raises taxes $739 billion during a recession and
boosts spending $433 billion amid 8.5% inflation — a price-hike
level better suited to the early 1980s.

The IRA’s “aggressive action” includes, among much more:

$160 billion for clean-electricity tax credits.
$35 billion for clean fuel and vehicle tax credits.
$27 billion for a new EPA “Green Bank.” What do federal eco-
crats know about banking? About as much as bankers do about
agricultural nitrous oxide emissions

So, given this expenditure and activity, IRA surely will slash
expected increases in Earth’s temperature. For all these
billions, IRA is like a giant air conditioner — cooling the
planet before it boils like a whistling kettle.

Right? Wrong!

IRA will have a subliminal long-term effect on projected
temperature increases. Its cooling potential is, frankly,
comical.

Danish climate expert Bjorn Lomborg founded the Copenhagen
Consensus Center, a sound-science think tank. He has spoken,
debated and broadcast extensively on so-called “global warming.”
His books include “False Alarm,” “Cool It” and “Skeptical
Environmentalist.”

Lomborg plugged IRA’s measures into the United Nations’ warming
models. His resulting calculations oscillate between astonishing
and hilarious.

“The new US climate bill will do almost nothing to reduce global
temperature,” Lomborg explained via Twitter.

How close to nothing?

“Impact of new climate legislation,” Lomborg specified.
“Unnoticeable: 0.0009°F to 0.028°F in 2100. [0.0005°C to
0.016°C] Why is no media describing just how little your $369
billion will achieve?”

In practical terms, IRA’s minimum effect would be like cranking
a thermometer from 72 degrees Fahrenheit (room temperature) down
to 71.9991°F. If IRA works all of its magic, analogous
temperatures would plummet — all the way to 71.972°.

Billy Joel’s immortal lyrics spring to mind: “Is that all you
get for your money?”

Now, imagine that America wanted to get tough and cut Earth’s
expected temperature in 2100 by a full 1°. Under IRA’s best-case
scenario, $369 billion buys a 0.028° reduction. So, 1° would
cost $13.18 trillion. Worst-case scenario: $369 billion yields a
0.0009° cut. Hence, a 1° decrease would require $410 trillion.

Keep those tax checks coming!

Why such pathetic results? Blame IRA’s paltry temperature curbs
and the fact that other nations — namely China and India —
refuse to do their fair share to cool the planet.

Imagine a mountain cabin in which grandma sits in a rocking
chair and swiftly fans herself. Meanwhile, her two raucous
teenage grandsons throw logs into a roaring fireplace, stoke the charcoal-fueled flames in a pizza oven and heat pots of water to
make steaming bowls of ramen. Don’t be surprised if Granny
barely feels cooler, no matter how furiously she waves that fan
in her face.

Until China and India stop pumping coal smoke into the air,
America could pass an Inflation Reduction Act every decade, and
temperatures would decrease imperceptibly before 2100.

As Lomborg told The New York Sun: “Even if the entire U.S. went
net-zero today and stayed net-zero for the rest of the century,
it would reduce temperatures by just 0.3°F by the end of the
century.”

But IRA is not really about fighting global warming. It’s about
Democrats seizing more power and control for themselves, ladling
more gravy for their green-power donors and unleashing 87,000
more IRS agents to squeeze every red corpuscle from every
taxpayer.

IRA also is a 15-digit Green New Virtue Signal that helps
Leftists pound their chests and show Earth how much they care.
The wags at MIT’s satirical Babbling Beaver understand this
perfectly: “It’s not the actual impact of climate legislation on
global temperatures that matters. It’s how it makes you feel.”

Deroy Murdock is a Fox News Contributor.

https://nypost.com/2022/08/19/bidens-inflation-reduction-act- will-not-help-the-climate/

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