Climate kooks attack World Bank
Bob Hoge:
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At issue? The WSJ board accuses Kerry and Gore of harassing World Bank President David Malpass for not bowing to their every whim and demand. The World Bank’s purpose is to alleviate poverty around the globe, so its outlook is not necessarily the same as the elites on Martha’s Vineyard and in Silicon Valley.
The Journal points out that bringing third-world countries into the first world…
…requires energy, which today is still most efficiently and affordably provided by fossil fuels. Yet Mr. Kerry recently cautioned African leaders against investing in long-term natural gas production, as if they have an alternative if they want to develop.
This is an indulgence in a place like California, which is affluent enough to pay twice what its neighboring states do for energy. [Emphasis mine.]
By the way, no, California is not affluent enough to pay twice what its neighbors pay. People are moving out in droves because they can’t afford to live here. But I digress. The editorial continues:
…it amounts to condemning countries in Africa and much of the developing world to more decades of poverty.
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What California is proving is that wind and solar energy are still not reliable sources of energy especially when the sun goes down. They are already expensive sources of energy and they need even more expensive huge battery storage to actually compete with fossil fuels as a reliable alternative. We should also not forget that the climate change crowd has been serially wrong in its projections of global warming. The poles are still not ice-free and coastal cities are still not underwater.
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