A report in today’s Wall Street Journal recounts how Europe has been more successful than any other region in “combating” climate change. As a region, Europe has been able to reduce carbon emissions by 30 percent, compared to 17 percent in the U.S.
Problem is, energy prices in Europe are twice those of the U.S. as a result. Underlying this is the fact that Europe has few or no oil or gas reserves.
Escaping this inflationary fate somewhat is France, which early on was smart enough to build a nuclear-energy grid to supply nationwide power. This is not to say that French politicos and bureaucrats don’t believe in climate change. Ooh la la, do they ever!
Nordic nations that can tap into hydroelectric power are also somewhat escaping the economic doldrums for consumers.
Hats off to President Trump for pushing nuclear power in the U.S. I’ve personally always viewed the nuclear option as the only alternative to fossil fuels if one is to believe the climate fanatics that we’re all going to die because of higher temperatures.
In fact, according to Al Gore, who won an Academy Award for his prediction, the City of Santa Monica, California, should no longer exist, having been immersed in ocean water due to melting polar icecaps. I think he said that fate would visit the city by 2020. Right on, Oscar Al.
Too bad there isn’t a nuclear power generator you can buy for your home.
I have solar, and it’s a ripoff even in sunny Southern California. The system goes limp in the wintertime, and your utility bill rises accordingly.
