BLUF
Extreme environmentalism is an ideology that cares little for human life, even regards it as a blight on the Earth that should be reduced. Its instinctive sympathies are against our species. It wants less economic growth, less entrepreneurial spirit, less development, less energy, less safety, less food, less comfort.

The real-world consequences of green extremism

Glorious pictures from the edge of the universe have arrived on Earth just when events here force us to consider the possibility that governments are run by aliens. They are so out of touch with common sense that they must come from other planets.

The James Webb Space Telescope, a wonder of human ingenuity, resourcefulness, imagination, and creative curiosity, is revealing the birth of galaxies to a world in which, by contrast, overreaching oligarchs and bossy bureaucrats constrict the actions of ordinary people trying to make their own lives and the lives of others better.

Much of the world groans under immiserating rules handed down by a “theory class,” even though they obviously don’t work. The accolade for the most disastrous policy outcome is hotly contested, and Wednesday’s grim revelation of 9.1% inflation shows that President Joe Biden’s spending agenda is a strong contender. But even that might not take the cake.

Worse, perhaps, are the results of hyper-alarmism on climate change. Excessive environmental policies are proving disastrous worldwide. Suddenly, all the green chickens are coming home to roost.

Intolerant “liberals” keen to “save the planet” are ruining it — officiously preventing the poor from lifting themselves out of poverty, forcing wealthy nations to retreat from comfort and efficiency into backwardness, even killing people by the hundreds of thousands.

Humankind long ago acquired the technological ability to thrive in all climes, but citizens of the most advanced nations must now check the weather forecast to know if their fridges and household lights will work or be shut down in an electricity blackout.

In Britain, overdependence on wind turbines built to cut carbon emissions leaves inhabitants at the mercy of the weather . When the wind doesn’t blow, the economy doesn’t work.

Likewise, in Germany, the world’s fourth-biggest economy, calm summer air means turbines stand idle, incapable of producing electricity and jacking up energy prices irrespective of the nation’s equally asinine overdependence on gas supplies from a recalcitrant Russia.

Excessively tight emissions rules, which amount to “anti-farming policies,” have triggered protests across Europe. They started in the Netherlands, where 30% of farms might be put out of business. And they have spread to Germany, Italy, Spain, and Poland, where farmers fear being subjected to the same privations.

If, as expected, bureaucratic meddling slashes Dutch output — the Netherlands is one of the biggest and most efficient farming nations in the world — production will shift to less efficient, more polluting producers elsewhere.

This is similar to the attack that green zealots in the Democratic Party launched against American energy production at the start of the Biden administration. By shutting down energy leases and discouraging investment in the United States because of exaggerated and parochial climate concerns, the green oligarchy transfers production and wealth to dirtier producers overseas, such as Russia.

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After Sri Lanka, Globalist Green Agenda Pushes Ghana on Brink of Collapse.
From the Netherlands to Sub-Saharan Africa, ‘Climate Change’ policies devastate farmers’ livelihood and food supply.

From the Netherlands to Sub-Saharan Africa, the radical ‘Climate Change’ agenda is having a devastating impact on farmers’ livelihood and the world’s food supply. Days after the government in Sri Lanka collapsed after food riots triggered by ‘climate-friendly’ farming, the West African country of Ghana is on the verge of bankruptcy primarily due to these globalist policies.

Once among the fastest-growing economies in Africa, the country is now seeking a bailout from international financial institutions. “Ghana’s debt has steadily climbed from 54.2% of GDP in 2015 to 76.6% at the end of 2021, according to government data. Debt servicing cost just under 48% of government revenue in 2021 and Eurobond yields have been too high this year to issue new ones,” CNBC Africa reported Thursday.

Until recently, Ghana was the poster boy for the globalists. Under the Paris Agreement, Ghana “sought to reduce emissions by 15 to 45 percent … by 2030 and strengthen climate resilience in close alignment with its development priorities,” the United Nations reported in September 2020.

But that wasn’t radical enough. A year later, the country presented sweeping Climate goals that were “with more ambition across sectors and the inclusion of new greenhouse gases,” the UN acknowledged. This drastic cut in greenhouse emissions requires a massive reduction in the use of fertilizers in the farming and livestock sectors.

As the price of fertilizers rises in the international market in the wake of the Ukraine conflict, the West African country struggles to meet even its current requirement.

However, Ghana and other cash-strapped African countries cannot rely on Western support for their fertilizer procurement. The European Union has refused to help African countries to their boost domestic fertilizer production as this goes against the “EU green goals.”

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Coming here too, if we let the econuts in our goobermint do it.

BLUF
“The farrago of magical thinking, technocratic hubris, ideological delusion, self-dealing and sheer shortsightedness that produced the crisis in Sri Lanka implicates both the country’s political leadership and advocates of so-called sustainable agriculture.”

Eco-extremism has brought Sri Lanka to its knees
An obsession with organic farming ‘in sync with nature’ triggered an unsustainable but predictable economic crisis.

Sri Lanka’s collapse, from one of the fastest growing Asian economies to a political, economic and humanitarian horror show, seems to have taken everybody by surprise.

Five years ago, the World Bank was extolling “how Sri Lanka intends to transition to a more competitive and inclusive upper-middle income country”. Right up to the middle of last year, despite the impact of the pandemic, the country’s misery index (inflation plus unemployment) was low and falling. Then the misery index took off like a rocket, quintupling in a year.

What happened? There is a simple explanation, one that the BBC seems determined to downplay. In April 2021, president Gotabaya Rajapaksa announced that Sri Lanka was banning most pesticides and all synthetic fertiliser to go fully organic. Within months, the volume of tea exports had halved, cutting foreign exchange earnings. Rice yields plummeted leading to an unprecedented requirement to import rice. With the government unable to service its debt, the currency collapsed.

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New Poll Shows Inflation, Not Guns Top Americans’ Concerns

A new Associated Press-NORC poll released Friday revealed the major concerns for a majority of Americans are inflation and rising fuel prices, not social issues such as guns.

Guns only seem to be a big issue with identified Democrats, perhaps because it distracts them from thinking about the economy and fuel prices under Joe Biden and a Democrat majority on Capitol Hill.

Republicans and Independents are on a different wavelength. Their priorities are closely associated with their pocketbooks. Food, other staples and fuel are their big concerns by a wide margin, perhaps because those costs are eroding savings accounts and making it harder to pay the bills.

As noted in a release by the AP and NORC, “Dissatisfaction with the country’s economy has been growing, as inflation continues to rise, interest rates increase, and stocks enter a bear market. Inflation and gas prices top the list of Americans’ priorities for the government to address in the next year…”

With the midterm elections only four months away, these issues are likely to guide the discussion as campaign season kicks into high gear.

“The poll found that 40% of Americans see the spike in gas prices as the biggest concern for our country, a rise of 26% since December,” Fox News reported, “and 33% of the voters believe gas and energy prices are the top issue, rising 23% since the winter.”

But for Republicans and Independents, gun issues are only important to 12 percent of GOP voters and 23 percent of Independents. Forty-five percent of Democrats, on the other hand, point to guns as a top priority.

The AP/NORC report said gun issues have replaced COVID-19 as the top issue among Democrats. In the aftermath of last month’s gun rights ruling by the Supreme Court, “high prices continue to trump gun laws” as issues of major import among the population in general, according to Fox.

While that may change in the aftermath of Buffalo, Uvalde and Highland Park, so long as fuel and food prices, the shaky stock market—which affects retirement accounts—and general inflation offer daily reminders about the economy under Biden, guns may gradually slip off the radar through Nov. 8.

Rasmussen’s Daily Presidential Tracking poll for Friday “shows that 37% of Likely U.S. Voters approve of President Biden’s job performance. Sixty-one percent (61%) disapprove.”

It breaks even worse for Biden, however when considering the disparity between the 16 percent who “strongly approve” of the job he is doing, while 48 percent—a staggering three times as many people—say they “strongly disapprove.”

This gives Biden a Presidential Approval Index rating of -32, Rasmussen said.

Oil from U.S. reserves sent overseas as gasoline prices stay high

HOUSTON, July 5 (Reuters) – More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices hit record highs.

The export of crude and fuel is blunting the impact of the moves by U.S. President Joe Biden to lower record pump prices. Biden on Saturday renewed a call for gasoline suppliers to cut their prices,  drawing criticism from Amazon founder Jeff Bezos.

About 1 million barrels per day is being released from the Strategic Petroleum Reserve (SPR) through October. The flow is draining the SPR, which last month fell to the lowest since 1986. U.S. crude futures are above $100 per barrel and gasoline and diesel prices above $5 a gallon in one-fifth of the nation. U.S. officials have said oil prices could be higher if the SPR had not been tapped.

“The SPR remains a critical energy security tool to address global crude oil supply disruptions,” a Department of Energy spokesperson said, adding that the emergency releases helped ensure stable supply of crude oil.

The fourth-largest U.S. oil refiner, Phillips 66 (PSX.N), shipped about 470,000 barrels of sour crude from the Big Hill SPR storage site in Texas to Trieste, Italy, according to U.S. Customs data. Trieste is home to a pipeline that sends oil to refineries in central Europe.

Atlantic Trading & Marketing (ATMI), an arm of French oil major TotalEnergies (TTEF.PA), exported 2 cargoes of 560,000 barrels each, the data showed.

Phillips 66 declined to comment on trading activity. ATMI did not respond to a request for comment.

Cargoes of SPR crude were also headed to the Netherlands and to a Reliance (RELI.NS) refinery in India, an industry source said. A third cargo headed to China, another source said.

At least one cargo of crude from the West Hackberry SPR site in Louisiana was set to be exported in July, a shipping source added.

“Crude and fuel prices would likely be higher if (the SPR releases) hadn’t happened, but at the same time, it isn’t really having the effect that was assumed,” said Matt Smith, lead oil analyst at Kpler.

The latest exports follow three vessels that carried SPR crude to Europe in April helping replace Russian crude supplies.

U.S. crude inventories are the lowest since 2004 as refineries run near peak levels. Refineries in the U.S. Gulf coast were at 97.9% utilization, the most in three and a half years.

These days, such doesn’t sound so crazy


Rep. Markwayne Mullin: Biden Administration ‘Trying to Wreck Our Economy’ for a ‘Socialist Takeover

Rep. Markwayne Mullen (R-OK) said the Biden administration is deliberately harming the U.S. economy to create pretexts for further governmental seizures of power and control over society, offering his remarks on Wednesday’s edition of SiriusXM’s Breitbart News Daily with special guest host Jerome Hudson.

Inflation of gas prices due to government decrees and policies is part of a broader undermining of U.S. prosperity driven by the Democrat Party to create citizens’ dependency on the state, Mullen stated.

“There are three things that a socialist takeover has to control,” Mullen said. “They have to control the education system, the healthcare system, and the energy sector. The energy sector, because the energy sector is the backbone of every economy. Without strong and affordable energy, you can’t have a strong economy. If you show me a country that doesn’t have reliable and affordable energy, I’ll show you a third-world country, and that’s the advantage that a socialist dictator [uses]. They take advantage of that.”

He continued, “They’re not disguising what they’re trying to do. They’re trying to wreck our economy so that the government can come back in and try to raise it back up. … They’ve literally taken the mask off. … They’re trying to destroy the market [for fossil fuels], and that market disruption happens to be in red states.”

Question asked:

Headline, the Financial Times, January 19th, 2021.

What does a Biden presidency mean for the world?

Question answered:

Headline, the Financial Times, yesterday.

An age of real wealth destruction.

We’re at the sort of inflection that only strikes once or twice a century. That’s what makes it tricky.

Most people alive today grew up alongside a simply historic rise in financial wealth. We know nothing but relentless asset appreciation, propelled by disinflation and falling rates. Liquidity outpaced the economy. So did asset prices. But violent financial and geopolitical regime change is upending that status quo and the bubbly valuations that hinge on it.

Disinflationary, liquidity-dependent assets are of course the opposite of what you want under opposite macro conditions. But after 40 years of hyperfinancialisation and the recent orgy of money-funded speculation, these assets are most of global market capitalisation.

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The prevailing urban attitude is:
“What do those dumb country hicks know about anything important?”


Rash wolf policy already wrecking ranches.

Don Gittleson’s ranch is situated just south of the Wyoming line near Walden. The ranch itself is surrounded by hills, and there are no big city lights to take your eyes off what matters. This is big country, this is ranch country, and Gittleson has been here for years. He has used good purebred genetics to build a herd of high-performing cattle that can, as they say, go out and make a living. Unfortunately, Gittleson’s ranch is also the epicenter for the wolf mess in which the state is currently elbow deep.

At night, the cow herd lies together, calves at side, gestating, lactating and ruminating, turning stout native grass and feed into beef. The only sound disrupting the soft noises of the night is the idling of Gittleson’s pickup.

Since December, he has spent an excessive number of nights in his pickup, waiting to hear the cattle or burros signal the presence of wolves. The pack, which Colorado Parks & Wildlife estimates at about eight, naturally migrated from Wyoming. Gittleson said he’s seen tracks for a number of years quietly announcing the presence of the apex predators.

Last fall, a collared female began teaching her pups to hunt. They started with deer and elk, killing groups and leaving them where they dropped in the snow. In December, Gittleson lost the first heifers to the pack. Some were killed, others were found bleeding and too severely injured to survive. The most recent kill — a calf — was partially dragged away. Gittleson said he guesses the meat was taken to the female, likely in a den with a new litter of pups. If history repeats itself, those pups will begin learning to eat beef before the new year.

Range riders are present overnight but it’s an expense he won’t be able to continue indefinitely. Right now, they’re on the dime of wolf-advocate groups but he doesn’t expect that to last and with five of the six damage claims unpaid and $5 diesel fuel, it doesn’t pencil. The most recent kill, he said, was while range riders were in the area. The wild burros that were gifted to Gittleson in the hopes that they would serve as guardians are, he said, able to noisily signal danger but certainly don’t fight off wolves.

The bottom line, he said, is that non-lethal hazing methods are ineffective if the wolves don’t have a fear of the use of lethal methods. The wolf pack is emboldened and unafraid. Without lethal methods, the next generation will learn to kill livestock and on and on until there is a large number of problem wolves across a large area. All of this, of course, playing out prior to the first released wolf ever hitting the ground.

The misguided ballot initiative, one that left the hands of actual experts tied, flung wide open the door to out-of-state activist groups and their cash. The state-level protection of wolves has taken more tools out of the management toolbox. It has become, and will continue to be, urban and suburban voters drowning out the votes of the rural areas that actually have to deal with the fallout.

While all of this is happening at Gittleson’s ranch, the CPW Commission is hearing and reviewing the Technical Working Group’s proposed management plan. The TWG, one of two groups along with the Stakeholder Working Group, wants to see the state take a phased approach to wolf introduction, eventually de-listing them, and, clutch your pearls, classifying them as either game or non-game species. The potential of bringing the wolf numbers to a level at which they are no longer fragile and may be managed by lethal methods outraged wolf advocates at the meeting.

The other realization that was brought forth during the meeting is an explanation of the territory each pack occupies. With the proposed 200 wolf population in the state, the wolves would occupy about 10% of the western slope. That means, one expert pointed out, it is more than entirely likely that the wolves will migrate into the Front Range and eastern Colorado. I can only imagine the Front Range voters who approved the measure questioning why the wolves aren’t kept on the other side of the state and not in their backyards.

With CPW required to move forward with wolf introduction, there is no ability for wildlife experts to make decisions based on what is best for wolves in real time but, it appears, that was never part of the equation.

The Biden Admin Said Gas Would Be $2.88 This Year.

At the end of 2021, the Biden administration released its energy outlook forecast for 2022, and their predictions show just how little they understand about American energy and how utterly unprepared they were for the energy crisis Biden was creating.

The U.S. Energy Information Administration — under the Department of Energy led by Secretary Jennifer Granholm — releases “short-term energy outlook” reports each month to provide information on liquid fuels and forecast their future trends. Their report issued December 7, 2021 — archived here — notes that the forecast “remains subject to heightened levels of uncertainty related to the ongoing recovery from the COVID-19 pandemic” but proceeded to estimate that “U.S. GDP will grow by 5.5% in 2021 and by 4.4% in 2022.”

And here’s what the Biden administration predicted for gasoline in 2022, just six months ago:

U.S. regular gasoline retail prices averaged $3.39 per gallon (gal) in November, a 10 cents/gal increase from October and $1.29/gal higher than in November 2020. The November monthly average was the highest since September 2014. We forecast that retail gasoline prices will average $3.13/gal in December before falling to $3.01/gal in January and $2.88/gal on average in 2022.

By January 1, gas prices were already $3.286 per gallon — breaking the Energy Department estimate from the start — and they increased to $3.386 per gallon by January 31. Prices have only continued to rise since then, more than doubling from their level when Biden took office and surpassing the $5 mark to reach $5.014 as of Monday. But the Biden administration thought and released its absurd projection that gas prices this year would average just $2.88.

In subsequent short-term energy outlooks, even as gas prices continued so soar, the Energy Department continued to keep its head buried in the sand and pretend prices would go and stay low.

In January, they said “gasoline prices will average $3.06/gal in 2022 and $2.81/gal in 2023.”

In April, they predicted “U.S. prices for retail gasoline will average $3.84 per gallon (gal) this summer (April–September).
>Whether they really thought in December that gas prices would drop in 2022 and remain below $3 on average or not, the official position and repeated low estimates from the Biden administration shows how and why they have been unable and/or unwilling to address the issue. It’s a crisis they — apparently officially — didn’t see coming. They’ve been, per their own estimates, behind the ball every step of the way as Biden’s inflation and energy crises spiraled out of control. And what has the Biden administration done? Secretary Granholm’s reaction here says it all:

Well, when there isn’t one……….


White House Economist Can’t Explain Biden’s ‘Plan’ on Inflation

Friday morning brought catastrophic results showing inflation yet again at a forty year high. It was even bad enough to blow past expectations. Predictably, President Joe Biden’s response involved blaming Russian President Vladimir Putin. White House Economist Cecilia Rouse tried to repeat that bogus excuse that same day, but not even CNN’s Jim Sciutto would let her get away with it.

Shortly after the numbers were release, Rouse appeared on “CNN Newsroom” where Sciutto directly asked her “does the White House see any relief in these numbers for Americans in the near future, and if so, when?”Through her fumbled response, Rouse failed to give a proper response. “So, look, the president very much understands and we very much understand that that we’ve got uncomfortably high inflation. What we saw in the data this month was that month on month prices increased overall, the headline CPI increased about 1 percent, and about half of that was due to food and energy, which can be almost directly tied to Putin’s invasion of Ukraine.”

Rouse looked to continue by saying “and so” before Sciutto cut in. “It’s not just that, you know,” he said, as sounding less than patient with this administration’s tactic to blame everyone else. “It’s not–prices are rising, I get it. I get the world oil markets are up, but you know pricing are rising for everything: used cars, rent.”

Faced with Scuitto’s pushback, Rouse had no choice but to concede to his point. “Absolutely. And so, and the president understands that and so he has, like, he has emphasized he’s focused on this as part of his plan, I know this doesn’t sound like a plan, but first and foremost he respects the independence of the federal reserve.”

In other words, it’s the federal reserve’s problem.

This is a tactic the Biden administration has used multiple times before, with President Biden himself also blaming Putin multiple times before for rising costs, especially with gas prices. The White House even tried to get #PutinsPriceHike to trend.

CNN is also not the only normally friendly outlet to go after Biden for his response when it comes to inflation.

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