Monday, October 15, 2007

Global Warming

In the crisis-ridden perspective of a future filled with one catastrophe after another being proclaimed by recent prize winners, and the public—apparently—still being moved by that crisis-filled future, it is always reassuring to read a more balanced reflection built on consensual facts rather than ideology.

Whole New World?
by Ben Lieberman
September 29, 2007


Global warming is a complex issue to figure out, but one thing about it is actually quite simple -- discerning which side dominates the debate right now. For the past year, those who view global warming as a crisis justifying a major federal response have had just about everything going in their favor.

Granted, the Bush administration continues to resist first-ever mandatory limits on carbon-dioxide emissions from fossil fuels, but the Democratically controlled Congress has introduced a number of so-called cap-and-trade bills to do just that. Some of them have bipartisan support. And many of the leading presidential candidates have endorsed these efforts.

Several other factors, including a recent Supreme Court decision compelling the Environmental Protection Agency to consider global warming measures, as well as state and local efforts to bypass the feds and impose their own controls, all seem to be forcing Washington's hand.

Meanwhile, the opposition to cap and trade seems to be collapsing. The owners of the nation's coal-fired power plants, manufacturing facilities, and oil companies -- until recently the most politically powerful holdouts -- have largely given up the fight. Most now see some form of fossil-fuel rationing as inevitable, and several are actually lobbying for cap-and-trade legislation in the hope that they can shape it to their advantage.

Of course, the driving force behind all of this is the steady stream of gloomy claims about global warming. Most recently, the U.N. Intergovernmental Panel on Climate Change (IPCC) report received widespread coverage as the smoking-gun evidence that mankind is warming the planet to dangerously high levels. Al Gore's Academy Award-winning movie and accompanying bestseller, An Inconvenient Truth, has also done much to hammer home the message.

The drumbeat continues as virtually every natural disaster that occurs-- from storms, to droughts, to floods, to wildfires, to disease outbreaks-- gets pinned on global warming. Even normal summer temperatures sometimes get alarmist ink.

The frightening coverage has clearly shaped public opinion. Surveys consistently show that a majority of Americans want their government to do something about warming.

Taking all of this into account, there's no question that global-warming activists currently have the momentum. But momentum can change, and on this issue there are reasons to believe it soon will. It may well be that the prospects for the cap-and-trade bills are peaking -- before being enacted into law -- and will begin to fall once as the following factors come into focus.

China's Great Leap Forward on Emissions.

A central part of the climate-change message has been the demonization of America as the world's top global-warming culprit. But that will soon change, as China is close to surpassing the U.S. and becoming the biggest emitter of greenhouse gasses. When this shift happens it will have tremendous practical as well as symbolic significance, and it will dim the appeal of unilateral U.S. action.

It is important to note that China isn't slowly edging past America; it is roaring ahead. Emissions of carbon dioxide, the byproduct of fossil-fuel combustion and the greenhouse gas of greatest concern, are exploding along with China's economy. New coal-fired power plants are reportedly being added in China at the rate of about one per week, and these facilities are less efficient and higher-emitting than their western counterparts. According to the Netherlands Environmental Assessment Agency, which believes China has already surpassed America, emissions in China rose 9-percent in 2006, on top of a 12-percent increase in 2005. Meanwhile, America's emissions have been growing much more slowly, averaging little more than 1-percent per year. They actually declined by 1.3-percent in 2006, according to the Department of Energy.