The editors of the Wall Street Journal consider President Biden’s environmental plan:
Some green groups have done their own back-of-the envelope analysis of what it would take to achieve Mr. Biden’s 10-year plan. Take a recent Environmental Defense Fund (EDF) report that argues for a “strong whole-of-government approach.†This includes eliminating new gas-powered cars by 2035, presumably by ramping up corporate average fuel economy (Cafe) standards. Mr. Biden has also proposed sweetening federal tax credits for buying electric cars—currently $7,500—but soon consumers will have no choice but to buy them when their gas vehicles expire.
The Biden goal will require the electric grid to be totally rebuilt in 10 years. According to the Natural Resources Defense Council, the U.S. will also have to double its share of carbon-free power to 80% from 40% today—half of which is now provided by nuclear—to have any hope of achieving Mr. Biden’s pledge.
All coal plants would have to shut down, and natural gas plants would be phased into obsolescence. Wind and solar energy would have to increase six to seven fold. The Obama Clean Power Plan, which the Supreme Court blocked in 2016, looks modest by comparison. It sought to reduce CO2 power emissions by 32%. Most homes would also have to be electrified. So if you like your gas stove, you won’t be able to keep it. Farmers would also have to adopt “climate-smart agriculture and forestry,†EDF says.
and they assess the approach President Biden is taking as authoritarian:
Mr. Biden is essentially doing an end-run around the Constitution, which requires approval by two-thirds of the Senate for the President to enter a treaty. The emissions reductions that foreign leaders pledged on Thursday aren’t legally binding, but Mr. Biden intends to use regulation to bind Americans.
Businesses will be conscripted as foot soldiers in the progressive war on fossil fuels. Mercenaries like Google, Apple and Microsoft have already enlisted. America’s founders believed that the Constitution’s separation of powers would safeguard individual liberty, but this assumes Congress guards its power.
Mr. Biden will face no resistance to his regulatory overreach from Democrats in Congress. They will happily finance his 10-year plan to remake the economy, starting with his $2.3 trillion much-more-than-infrastructure proposal that is the Green New Deal in disguise.
A few observations. First, Mr. Biden is trying his belief that China, India, and other countries require American leadership on carbon emissions before they will act. While I think that China in particular is not above exploiting American gullibility, I don’t believe the Chinese leadership will do anything they don’t see as being in their own parochial interests. I take President Xi at his word: they’re not going to do anything until 2030. In 2030 I presume they’ll decide they won’t do anything until 2040. And so on. American leadership is irrelevant.
Second, I believe the costs of achieving President Biden’s environmental objective are being grossly underestimated, the benefits are being grossly overestimated, and the toll it will take on the economy, particularly in the form of net job loss, is being grossly underestimated. Just as one example, what will the short term emissions impact of the plan will be with all of its building and rebuilding? 14 years is not that long a period.
Third, IMO the only practical way of achieving the goal of zero carbon emissions by 2035 is via cheap energy provided by small scale nuclear reactors and carbon capture and sequestration. Time’s a wastin’.
Finally, I have a proposal for cutting U. S. electricity consumption by 1% overnight: ban cryptocurrency mining. Also Amazon consumes 2% of the electricity generated in the U. S.







