Quotulatiousness

October 22, 2023

The “Green New Deal” is great … for the well-connected wealthy elites

Filed under: Cancon, Economics, Environment, Government, Politics — Tags: , , , — Nicholas @ 05:00

Elizabeth Nickson — who lives in British Columbia, hands-down the “greenest” province in Canada — somehow isn’t a fan of the way our kakistocratic “elites” are pushing us all toward their utopian “green” world:

A few years ago when I was building my house, I attended a “green” building conference in San Francisco. Gavin Newsom and Bobby Kennedy, Jr. were giving keynote addresses, and across the conference floor were strewn hundreds of booths of builders, engineers, architects, visionaries, and commercial interests selling every manner of material, equipment, skill sets, and propaganda. Buildings, I was told, emit 59 percent of carbon emissions, and green builders would shut that down. And it would be profitable.

At the time I was neutral but dubious. I had completed a “green” subdivision and had promised puzzlingly powerful members of “the community” that I would build a “green” house. It wasn’t a requirement but it was an acceptable challenge and I knew I would be fascinated by the exercise.

I followed the LEED (Leadership in Energy and Environmental Design) platinum template, contracted the job myself. I wanted to build a healthy house, which meant as little chemical off-gassing as possible. Despite my savings, which were considerable, it still cost 40 percent more than a traditional stick-frame. The geothermal system cost $35,000 more than traditional heating and no, I have not “made back that money.” Today that cost would be north of $150,000.

We’re all in this together, right?

The only reason I am not bankrupt is that where I live is so restricted as to land use, housing prices have skyrocketed. Only the rich can afford to live here. My property with its “improvements,” which is to say my money and labor, is now worth 30 times my initial investment. This is known as old-fashioned economics, wherein you restrict supply and prices, via demand, go up.

This too is a perfect micro-illustration of the “Green Economy” or the the “Green New Deal.” It is “green” only for the wealthy or privileged by virtue of education. It is very, very “green” for those who profit from it. The people who took my extra money, other than the giant suction hose of government, were mostly those demanded by “green” theology: engineers (5), lawyers (3), surveyors (2), wildlife consultants (2), and permitting bureaucrats. Those requirements have doubled in the intervening years.

Today, life is very green for the hosts of eager young professionals at that conference who have in the intervening years insinuated themselves into every government structure, inserting siphons whereby they literally suck money out of the system in torrents of green. When I think of that conference, full of bright-eyed (expensively educated) enthusiasts, who were hell-bent on selling their ideas to the wider culture, I think: who the hell brought you up? Because this is a moral question, a profoundly ethical question. And everything you do is profoundly immoral.

The U.S. Supreme Court recently rejected an appeal that would overturn the econometrics of carbon pricing, i.e. that the Biden administration is placing too high an estimate on the future social cost of carbon emissions. Who can know the social cost of carbon emissions? But it means shuttering 450,000 shale jobs because think of the future.

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