Skip to main content
Tags: accord | exxon | paris

Fox News Takes Misguided Left Turn at Paris Climate Exit

Fox News Takes Misguided Left Turn at Paris Climate Exit
President-elect Donald Trump, right, was interviewed by Chris Wallace of "Fox News Sunday" at Trump Tower in New York, in December of last year. (Richard Drew/AP)

Larry Bell By Monday, 05 June 2017 08:21 AM EDT Current | Bio | Archive

Television audiences didn’t have to click their remotes to MSNBC, ABC, ESPN, or CBS in order to get a terrifying and traumatic take on President Trump’s decision to walk away from terms of his predecessor’s Paris Climate Accord. Fox News Channel anchor Chris Wallace who covered the White House Rose Garden announcement accomplished this role very well.

Wallace’s narrative revealed the same ideologically alarmist mind-set evidenced in his earlier April 2 "Fox News Sunday" program interview with EPA Director Scott Pruitt. He made repeated references to "CO2 pollution," derisively labelling global warming doom and gloom skeptics as "climate changes deniers."

Trump administration officials obviously recognized the futility of responding to a media climate alarm feeding frenzy with sound bite-sized tidbits, which threw more red meat into a political science swamp. Instead, they publicly attributed the Paris Climate Accord decision to rejecting a lousy and unfair deal for America.

As the president said, "This agreement is less about the climate and more about other countries gaining a financial advantage" over the U.S.

Reasserting America’s sovereignty, Trump left no doubt about whose interests he represented: "I was elected to represent the citizens of Pittsburgh, not Paris." As for revisiting the matter later, he asserted clarity on that too: "We’re getting out. And we will start to renegotiate and we’ll see if there’s a better deal. If we can, great. If we can’t, that’s fine."

And if we can’t, just how catastrophic will that be? If wildly successful, the Paris deal won’t reduce an estimated increase of mean global temperatures more than 0.17 degrees Celsius by the century’s end . . . far less than the two degrees hyperventilating climate activists predict will flood Al Gore’s $9 million coastal California property.

Speaking of California, some may be comforted to know that the state has recently enacted actions to cork a tearfully flatulent cow-caused climate crisis. The California Air Resources Board has issued regulations requiring the livestock industry to cut methane emissions to 40 percent of 2013 levels by 2030. Seventy-five percent of that reduction will be targeted at dairies.

Isn’t it only fair then that climate regulation crusaders Ben and Jerry be required to issue public warnings that the milk they put into their ice cream is killing polar bears? After all, this is exactly the sort of dilemma faced by fossil-energy producers which, unlike ice cream, create products we really do depend upon.

Take, for example, a vote by 62 percent of Exxon shareholders led by giant funds Vanguard, Fidelity, and Black Rock demanding that the company explain how Obama’s Paris temperature targets would affect its business. Among other things, they wanted to know whether a carbon tax would help or hurt their investments.

As reported in The Wall Street Journal, it could go either way. Whereas new regulations might cause an added drag on oil profits, they might prove to be a boon for Exxon as the top producer of natural gas.

Paris impacts on other industries are far clearer. Honoring President Obama’s commitment to reduce U.S. CO2 emissions between 26 percent and 28 percent below 2005 levels by 2025 would impose stringent EPA emission controls and cost penalties upon virtually all sectors of the American economy. Included are steel production, transportation, agriculture and everything else that requires energy.

Those painful expense burdens would fall heaviest upon shoulders of consumers who can least afford them. Conversely, the world’s champion CO2 emitter China and runner-up India are getting free passes. The agreement doesn’t require China to even begin reducing emissions until 2030. Meanwhile they will continue to add lots more coal to their energy mix.

They aren’t alone. Germany, a leading Paris deal proponent, burns more and more coal to compensate for nuclear energy cutbacks and power shortages resulting from growing reliance upon unreliable and anemic solar and wind. Coal provided 40 percent of Germany’s total power last year, with heavily-subsidized renewables accounting for 30 percent.

There’s little wonder then that the reported average German residential electricity in 2012 was approximately three times higher per kilowatt hour than in the U.S. The same 2014 Manhattan Institute study also reported that energy costs throughout the EU soared 55 percent from 2005 to 2013.

Speaking on the occasion of his 100th day in office, President Trump described the Paris deal as but another one-sided international agreement, "where the United States pays billions of dollars while China, Russia and India have contributed and will contribute nothing." He added, "That means factories and plants closing all over our country. Here we go again. Not with me, folks."

Sadly, I had hoped that Chris Wallace might at least finally give the president some credit for standing firm for economic and environmental sanity. We should be grateful that Trump refused to be trampled by stampeding Paris lemmings.

Larry Bell is an endowed professor of space architecture at the University of Houston where he founded the Sasakawa International Center for Space Architecture (SICSA) and the graduate program in space architecture. He is the author of “Scared Witless: Prophets and Profits of Climate Doom”(2015) and “Climate of Corruption: Politics and Power Behind the Global Warming Hoax” (2012). Read more of his reports — Click Here Now.

© 2024 Newsmax. All rights reserved.

I had hoped Fox's Chris Wallace might at least finally give the president some credit for standing firm for economic and environmental sanity. We should be grateful that Trump refused to be trampled by stampeding Paris lemmings.
accord, exxon, paris
Monday, 05 June 2017 08:21 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the NewsmaxTV App
Get the NewsmaxTV App for iOS Get the NewsmaxTV App for Android Scan QR code to get the NewsmaxTV App
America's News Page
© Newsmax Media, Inc.
All Rights Reserved