by Steve Haner
Efforts to rapidly expand our reliance on wind and solar generation for electricity, while at the same time closing baseload natural gas generation with similar haste, makes no sense economically. “The only explanation for that policy is you want to shut down the economy.”
Another voice of reason has emerged to challenge the climate alarmist orthodoxy, a Virginia voice, Professor Jason S. Johnston at the University of Virginia School of Law. He brings to the discussion the experience and analysis of a regulatory law expert and economist, distilled into a somewhat daunting 656-page book published by Cambridge University Press in August.
“Climate Rationality: From Bias to Balance” (available through Amazon here) focuses at length on the legal precautionary principle behind most climate regulatory schemes, with little or no consideration taken of either the economic costs or unintended environmental consequences. He writes in an excerpt from his introduction:
The precautionary principle says little if anything about how such costs should be weighed in designing policy. But, given the highly uncertain and unpredictable future impacts of rising atmospheric GHG concentrations and the unprecedented cost of reducing GHG emissions, any rational regulatory response to curbing human GHG emissions must surely closely scrutinize the case for decarbonization. The purpose of this book is to provide precisely such an examination…
Precautionary US climate policy has already cost lives, damaged the environment, and increased costs for the basic life necessities, such as electricity, in ways that are felt most acutely by the poorest American households.