10/11/2018

Don’t Buy The UN’s Bull — The US Isn’t Killing Planet Earth

Stephen Moore, New York Post

The United Nations and nearly 100 climate scientists from across the globe have issued their latest environmental primal scream. Thanks to climate change, the planet is evidently on a path of “unprecedented environmental destruction” that will destroy life on earth as we know it.

Within a generation we’ll be overwhelmed by catastrophic wildfires, rising sea levels, floods, hurricanes, disease, food shortages and a mass die-off of coral reefs.”

There hasn’t been this much doom and gloom packed in a government report since Jimmy Carter was in the White House and issued the “Global 2000 Report” which predicted a coming Malthusian scarcity.

 

People can make up their own minds about the veracity of these latest predictions. But we already know that one conclusion of the UN report is dead wrong. This is the script that the United States, and particularly President Trump, is the environmental Darth Vader here.

The Los Angeles Times put it this way: “The report serves as a stark reminder of President Trump’s status as a global outlier in terms of climate change . . . Trump has rejected the 2015 Paris agreement signed by 195 nations to mitigate greenhouse gas emissions, expressed skepticism about human-caused climate change and vowed to increase coal-burning.”

Wait a minute. In 2017, the country that reduced its greenhouse-gas emissions the most wasn’t Canada or Britain or Germany or Australia or France. It was the United States. That’s right — the one country that pulled out of the phony Paris Climate Accord reduced its carbon emissions by 0.5 percent, the most of all major countries.

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In Search Of History

4,000 Years Of Price Control

Tablets, said to be 200 years older than the Babylonian Code of Hammurabi ... show that the ancient kingdom of Eshnunna had wage control and price control. The news ought not to have come as a surprise. For the code of Hammurabi itself (unearthed in 1902), which was promulgated earlier than 2000 B.C., fixed prices, wages, interest rates, and fees. This makes price control at least about 4,000 years old. ...

 

Ironically, it is those who now wish to return to this ancient totalitarian device who are fondest of calling themselves “progressives.” They are also fond of saying that those who believe in economic liberty “are living in the nineteenth century.” These controlists have yet to learn that they themselves are still living, as the discoveries in Babylonia attest, in the nineteenth century—B.C.!

-- Henry Hazlitt,

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