Thursday, November 16, 2023

Gas, oil and Coal

As we keep being reminded, The Lord Market shall determine our fate. From the NYTImes Nov.9 Climate Forward article: "This year’s talks are taking place in the United Arab Emirates, overseen by the chief executive of the state oil company, who expects production to expand “as long as the market demands it.”" All bow to God Market. As the Norwegian government, a major oil exporter makes clear, phasing out fossil fuel “will have to come from the demand side,” not “political decisions to cut the supply side.” It is here that the illusion of "the political" is revealed. While most people still use the word, it has been hollowed out. A conservative Montana politician has the slogan "More Action, Less Politics". Like so many things, they get the problem ( lack of power to make change) but they fail to understand the reason why it exists or how to fix it. Another piece in the Times makes this claim: "President Biden has made it a major goal to move away from fossil fuels, the leading source of the emissions dangerously warming the planet." You can say he has "declared" it a major goal, but a journalist shouldn't repeat the propaganda. They should report on the problem he and any politician runs up against, this from another Times article: "Last month, a coalition of major industries, including mining, oil and gas, manufacturing, and timber, sent a letter to the White House chief of staff, Jeffrey D. Zients, warning that “no room would be left for new economic development” in many areas if the E.P.A. went ahead with a standard as tough as it was contemplating, endangering the manufacturing recovery that President Biden had pushed with laws funding climate action and infrastructure investment."

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