World Bank Goals
The World Bank has two ambitious goals neither of which is climate change.
- End extreme poverty within a generation
- Boost shared prosperity
Goal number one will not happen, even within several generations. Goal number two is ambiguous enough that it might.
Neither of those goals has anything to do with climate change but Al Gore and John Kerry want to change that.
Al Gore and John Kerry want to hijack the World Bank to socialize the risks of public and private climate lending. https://t.co/OckrAZnVDj via @WSJ
— Jason Riley (@jasonrileywsj) September 26, 2022
At a New York Times sponsored event last week, Gore and Kerry accused World Bank President David Malpass of being a climate denier. The climate lobbyists in the press then piled accusing Malpass for refusing “to acknowledge that the burning of fossil fuels is rapidly warming the planet.”
But climate science is not part of Malpass’ expertise, not should it be given World Bank goals. Let’s pick up from there with comments by the WSJ.
Gore-Kerry Political Hit Job
Please consider A Gore-Kerry Political Hit Job.
Bloomberg and Axios, both advocates for the Gore-Kerry agenda in their reporting, teased that the Biden Administration is looking into the issue and that Mr. Malpass’s job could be in jeopardy. Axios even hinted that Mr. Gore might then get the World Bank job.
Mr. Malpass said he isn’t resigning and made clear he thinks greenhouse gases are contributing to climate change. He has no cause to step down, having managed the bank in a commendable fashion since he took the job in 2019.
The World Bank’s main job is to alleviate poverty. This 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. But it amounts to condemning countries in Africa and much of the developing world to more decades of poverty.
Mr. Kerry may even be consigning poor countries to needless hunger from rising prices and perhaps a global shortage of natural gas for fertilizer. Climate monomania is easier to preach with a sea-side view from a bluff in Martha’s Vineyard than it is from a village with unreliable electricity in the Congo.
Climate Hypocrites
Meanwhile, Kerry and Gore travel the globe in carbon-spewing private jets or government aircraft.
Gore has been wrongly preaching climate doom for decades. They hold doom conferences to foster unrealistic emissions targets.
The irony, as noted by the Journal, is U.S. carbon emissions reductions in recent decades are almost entirely the result of the expansion of natural gas production that the climate lobby wants to shut down.
Exploring the Massive Clean Energy Boondoggle of Burning Trees as Carbon Neutral
In case you missed, it please see Exploring the Massive Clean Energy Boondoggle of Burning Trees as Carbon Neutral
To the shock of everyone with any semblance of common sense, we are clearcutting forests and burning the trees based on the idea the process is carbon neutral.
Also, Let’s Review 50 Years of Dire Climate Forecasts and What Actually Happened
Many of the predictions are outrageously funny.
This post originated at MishTalk.Com
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Mish
in Martha’s Vineyard than it is from a village with unreliable
electricity in the Congo.”
World Bank President David Malpass of being a climate denier.”
I am all for conserving, using only what is needed, waste
not want not and all that, but, I struggle with the concept of jeopardizing the
health and prosperity of those living today for those not yet born.