Seize property to build wind and solar farms, says JP Morgan chief

The chief executive of JP Morgan has suggested that governments should seize private land to build wind and solar farms in order to meet net zero targets. 

Jamie Dimon, the longstanding boss of the Wall Street titan who donates to the Democratic Party, said green energy projects must be fast-tracked as the window for averting the most costly impacts of global climate change is closing. 

In his annual shareholder letter, Mr Dimon said: “Permitting reforms are desperately needed to allow investment to be done in any kind of timely way. 

“We may even need to evoke eminent domain – we simply are not getting the adequate investments fast enough for grid, solar, wind and pipeline initiatives.”

Eminent domain is when a government or state agency carries out a compulsory purchase of private property for public use and compensates the asset holder. 

The proposal is unusual, especially coming from the longest-serving chief executive of a Wall Street bank, and could stir controversy as states in the US seek to crackdown on seizure orders. 

Keep reading

Biden admin moving forward with light bulb bans in coming weeks

The Biden administration is preparing to implement a sweeping nationwide ban on commonly used light bulbs as part of its energy efficiency and climate agenda.

The regulations, which prohibit retailers from selling incandescent light bulbs, were finalized by the Department of Energy (DOE) in April 2022 and are slated to go into effect on Aug. 1, 2023. The DOE will begin full enforcement of the ban on that date, but it has already urged retailers to begin transitioning away from the light bulb type and, in recent months, begun issuing warning notices to companies.

“The lighting industry is already embracing more energy efficient products, and this measure will accelerate progress to deliver the best products to American consumers and build a better and brighter future,” Energy Secretary Jennifer Granholm said last year.

According to the DOE announcement, the regulations will save consumers an estimated $3 billion per year on utility bills and cut carbon emissions by 222 million metric tons over the next three decades.

Keep reading

CNN Analyst Suggests Inflation Is Needed To Achieve Green Agenda

As we have covered in the past here on ZH, the inflation/stagflation crisis is immensely damaging to the average person, with the threat of poverty and food shortages hanging over the majority of the population, but there are some people out there who see the crisis as a boon, specifically for the Green agenda and carbon taxation.

CNN economic analyst Rana Foroohar follows the bizarre line of thinking in an interview with The Ezra Kline Show, suggesting that inflation is needed in order to pave the way for a carbon credit based economy.  She argued:

“…This is something that I think, unfortunately, no politician, particularly the Democrats right now in advance of midterms or a presidential election want to land on, which is some of the transitions to a kinder, gentler, I believe more stable, and ultimately more resilient economy, are going to be inflationary in the short to medium term.

What’s the cost of something if you actually have a real price on carbon, and then you have to tally in how much it costs to tote it over tens of thousands of miles from the South China Seas? What’s the cost if you have proper environmental and labor standards?  …This is the conversation happening right now. And once you start pricing all those costs in, and you start really thinking of the economy in a different way, then yeah, it is certainly is inflationary…”  

Foroohar then called on the U.S. and Europe to “put a price on carbon.”

The analyst follows a relatively new trend among the political left and globalists in seeking to justify the existence of price inflation as a means to an end; the “greater good” being the induction of Green New Deal-style legislation.  

Some propagandists in the media claim that the inflationary crisis is an opportunity, while others try to claim that climate change is the direct cause of inflation, and if we don’t accept carbon taxation then we will continue to suffer under an inflationary collapse.  But we all know what the game is here:  To use public fears of financial disaster to lure people into accepting authoritarian environmentalism because “Prices are already high anyway, so why not?”

Even NASA and the NOAA openly admit that average global temperatures have only increased 1 degree Celsius in the past century.  Yes, that’s 1 degree we’re supposed to be terrified of.  Keep in mind that the official temperature record used by climate scientists started in the 1880s, so when the NOAA says that a recent temperature was “the hottest on record,” they are using a scale of a little over a century.  That’s a tiny sliver of time in the vast weather history of the Earth.  

Keep reading

King Hypocrite Obama to Install Massive 2,500 Gallons Propane Tank for his Seaside Home in Martha’s Vineyard

Hypocrisy at its best!

Instead of installing windmills and solar panels for someone so concerned about global warming, former President Barack Obama has ordered the installation of three massive propane gas tanks, two sized at 1,000 gallons and another one at 500 gallons, at his Martha’s Vineyard estate which sits along the “rising” seashore.

According to a report from The Martha’s Vineyard Times, the office of the select board of Edgartown, Massachusetts approved an application for a 2,500-gallon commercial propane tank for 79 Turkeyland Cove Road in Katama, a property owned by former President Barack Obama and Michelle Obama.

These three propane tanks were to be installed above ground on the Obamas’ property, in contrast with the initial report that it will be buried.

“We’ve never had a private propane tank come to us,” select board member Arthur Smadbeck told the MV Times.

The select board office confirmed to The Daily Caller News Foundation that the tanks are to be used for “residential purposes.”

Filling the massive propane tanks with gas could reportedly cost up to $75,000.

Propane gas is a type of liquefied petroleum gas, and it is mostly produced as a by-product of natural gas processing, per Sharp Energy. It is known for being one of the cleanest burning fuels available and was used as a clean fuel many years before the recent interest in green energy pushed by Democrats including Barack Obama.

Propane is a fossil fuel and is listed as an approved clean alternative fuel under the Clean Air Act of 1990.

Keep reading

Biden Advisor Says Social Media Should Silence Anyone Who Criticises Green Energy “Transition”

One of Joe Biden’s senior advisors told a reporter this week that social media companies should be cracking down on and censoring anyone who speeds information critical of the administration’s so called ‘green energy transition’.

National climate advisor Gina McCarthy made the comments in an interview with a reporter for Axios, stating “Now it’s not so much denying the problem. What the [fossil fuel] industry is now doing is seeding doubt about the costs associated with [green energy] and whether they work or not.”

She continued, “We need the tech companies to really jump in,” on “disinformation,” noting that criticising a green energy transition upheaval is “equally dangerous to denial,” and adding “we have to move fast.”

The Axios interviewer just nodded in agreement without any pushback.

Keep reading

‘Squad’ Dems spend thousands on airfare while demanding others go ‘green’

Democratic members of the House who pushed “Green New Deal” reforms to overhaul the energy sector spent roughly $13,000 in tax dollars combined on airfare, according to the latest House disbursement records reviewed by The Daily Caller News Foundation.

Reps. Alexandria Ocasio-Cortez of New York, Jamaal Bowman of New York, Rashida Tlaib of Michigan, Ilhan Omar of Minnesota, Ayanna Pressley of Massachusetts and Cori Bush of Missouri expensed the “airfare commercial transport” charges between October 2021 and March 2022, according to the records. The new disbursements are intended to be for the months of January and March 2022, and one ethics expert familiar with the situation said lawmakers often report transactions late.

These same members, who are often referred to as the “Squad,” have emphasized that “climate change” is an “existential” or “emergency” crisis.

The “Squad” members notably co-sponsored a bill introduced by Ocasio-Cortez in 2021 calling for the creation of a “Green New Deal.” The bill, which was roundly opposed by Republicans and many Democrats, allocated $8.1 billion to a “climate corps,” among other proposals.

Carbon dioxide emissions from flying are said to increase pollution, according to a study by the left-wing think tank Brookings Institution. Ocasio-Cortez’s Green New Deal resolution in 2019 sought to overhaul “transportation systems in the United States to eliminate pollution and 19 greenhouse gas emissions from the transportation sector as much as is technologically feasible.”

“The hypocrisy of the Green New Deal crowd is endless,” Myron Ebell, director of the Center for Energy and Environment at the Competitive Enterprise Institute, told TheDCNF. “They seem to view themselves as part of an elite that is exempt from the energy poverty policies they pursue.”

Keep reading