Democrats have latched onto the “climate change” narrative, insidiously using it to push their woke agenda, defending various bans, crackdowns on conservative-leaning industries like oil production, and even attacks on Bitcoin as necessary to “protect the environment.”
President Biden is no different. In fact, he quickly proved himself just another one of the climate apparatchiks as soon as he entered office, with one of his first acts as president being a radical climate change-focused action.
In fact, on Biden’s very first day in office, he signed a climate change-focused executive order that radically increased the cost per ton of carbon dioxide emissions.
As Fox News reports, under Trump, the cost estimate for carbon dioxide was relatively low because it was US-centric, but when Biden signed his executive order he went along with the globalist consensus and raised it dramatically. In that outlet’s words:
President Joe Biden on his first day in office restored the climate cost estimate to about $51 per ton of carbon dioxide emissions after the Trump administration had reduced the figure to about $7 or less per ton. Former President Donald Trump’s estimate included only damages felt in the U.S. versus the global damages captured in higher estimates that were previously used under the Obama administration.
Well, a federal district judge in Louisiana just barred Biden from using that higher cost estimate, at least for now.
That judge, U.S. District Judge James Cain, sided with the Republican AGs that had filed suit over the cost increase and said in his decision that Biden’s decision to raise the figure from $7 to $51, an increase that resulted from his decision to factor in “social costs” related to petroleum production, was impermissible. Read more