‘Climate swamp’: ‘Green New Deal’ accepts ‘climate junk science’ & seeks decarbonization as national policy
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Climate Depot | 2/15/2019 | Marc Morano
The Democratic Party continues to rush ever further into the climate swamp. The left wing of the party accepts climate junk science and now wants to implement rapid decarbonization as national policy through a so-called “Green New Deal” (GND). See also here. They have added many non-climate aspects including providing economic security “to all who are unable or unwilling to work.” This post, however, is limited largely to economics. Presumably most readers of this blog understand why I believe that the scientific basis for climate extremism is invalid, and whatever is done under GND will have no significant effect on temperatures even if fully carried out. Using the GND, however, will make decarbonization even more expensive.

One of the problems with the GND is that it ignores the huge costs of accelerating changes in the basic equipment used to provide energy. This is very expensive and vital equipment for a modern economy. The problem is that this equipment is very long-lived, and moving to new equipment that can use different technology or different fuels is very expensive. Changes in technology/fuel are much less expensive if implemented gradually so that aged, less useful equipment can be retired when it is near to retirement anyway. But the GND proponents want to do just the opposite: Use the power of government to push change rapidly rather than when the old equipment is about to be retired anyway. If the entire civilian airline fleet must be retired within 10 years and replaced with high-speed trains, the cost will be much higher than if the transition is made gradually as it becomes more obsolete...
(Excerpt) Read more at: Climate Depot
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