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Climate Deal Forecast: Frost for the U.S. Economy, Slush Funds for the Planet | PJ Media
By Claudia Rosett - April 23, 2016
One of the best catalogues of human folly is the 19th century book by Charles MacKay, "Memoirs of Extraordinary Popular Delusions and the Madness of Crowds." MacKay chronicles a host of scams, superstitions and mass frenzies, including the South Sea Bubble, Tulipomania, Alchemy and Witch Mania. To this roster, some future historian may someday add the full tale of the early 21st century Climate Mania, in which a throng of politicians, United Nations bureaucrats, film stars and whatnot promised that if they were just given enough power over our use of lightbulbs, cars, planes, ships, oil, gas, electricity and energy in general, they would -- for the greater good of mankind, mind you - arrange to control to within a few decimal points the temperature of the planet.
For the moment, however, this is not history we are talking about. We are stuck in the acute phase of Climate Mania. This Friday, "Earth Day," brought the signing ceremony at the UN's New York headquarters of the Paris Agreement on "Climate Change." More than 170 nations signed on, including such curators of human progress and enlightenment as North Korea, Sudan, Cuba and Iran. Actor Leonardo Di Caprio spoke from the podium of the General Assembly chamber. Secretary of State John Kerry brought his infant granddaughter, and held her on his lap while he signed the accord. UN leaders planted a tree in the UN "Food Garden."
General Ban Ki-moon called it "an historic day" (everything these days is "historic") and told the assembled eminences, "The era of consumption without consequences is over" (if that's true, then surely one of the first things to go should be the UN itself, complete with the recent $2 billion-plus makeover of its NY offices -- except the UN has always enjoyed immunity from its own pronouncements).
For all the hoopla, the Paris accord is not yet a done deal. But it soon may be. For this agreement to enter into force, at least 55 countries, accounting for 55% of "global greenhouse gas emissions," must now sort out on the national level how they plan to comply, and deposit their instruments of ratification with the UN. Fifteen have already done so.
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