Jonah Goldberg exposes corporate interest in the Global Warming hoax. General Electric, NBC's parent went a bit too far this week and betrayed itself with its in your face promotion of policies that will go directly to its bottom line. GE is one of, if not the largest manufacturer of many technologies that people either don't want (fluorescent lights) or are not cost effective (wind turbines, solar panels). But if they can get the government to force or coerce individuals and businesses to buy this crap through mandates, subsidies and the tax code then voila! An artificial market has been created. It's no different than the current Ethanol Scam whereby Washington subsidizes a fuel that uses more energy than it produces, drives up food prices and is far less cost efficient than petroleum. Too add insult to injury, we also impose high tariffs on imported ethanol, thereby driving the cost even higher.
In the end, individual Americans end up paying for this nonsense through higher prices and lower job and wage growth with no benefit other than assuaging irrational guilt and encouraging the fanaticism of The Church of Environmentalism and Marxism. Strange bedfellows indeed.
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