Taxpayers beware: Republicans have their own green dreams – Washington Examiner
In an era of trillion-dollar deficits and onerous federal mandates, no political party has a monopoly on bad ideas. For example, we all know about the Democrats love for funneling taxpayer dollars into wind and solar energy boondoggles.
Republicans are now responding in kind with handouts to their own preferred clean projects. On Feb. 12, House Minority Leader Kevin McCarthy, a California Republican, announced Republican bills that would launch a trillion trees gimmick and expand payouts to the already bloated carbon capture and sequestration industry. Leaders from both parties must take a stand against this endless corporate welfare and let taxpayers off the hook from costly green energy endeavors.
At the very least, most lawmakers on the right side of the aisle seem to recognize the many follies of subsidizing solar and wind technologies. Most green projects on the market rely on the hazardous extraction of rare earth minerals from developing nations, create power-intermittency issues, and are all but impossible to recycle.
But some of the alternatives proposed by the GOP are little more than science fiction. Carbon capture and sequestration technology is frequently touted by members of both parties as a solution to (already declining) carbon emissions, despite the findings of a 2019 study published in Energy and Environmental Science that say it reduces only a small fraction of carbon emissions, and it usually increases air pollution.
A gas-fired power station has to burn 16% more gas than it otherwise would to capture its own carbon. This is hardly a model of energy efficiency, but the technologys supporters wont let evidence or common sense thwart recently introduced legislation that would make permanent the tax credit for capture and sequestration projects and increase payouts by 25%. Even if this wacky technology could somehow save the planet (spoiler alert: it wont), backers such as Republican Reps. David Schweikert of Arizona and Brad Wenstrup of Ohio cant seem to explain why the beefed-up tax credit will make the approach viable after more than $1 billion in direct government financing from the Department of Energy failed to do so.
Other members of Congress pine for a prettier approach to combat climate change, proposing the planting of a trillion trees. Introduced by Rep. Bruce Westerman, an Arkansas Republican, the Trillion Trees Act would condition foreign aid on reforestation and create a National Reforestation Task Force that would create decadal planting targets.
This policy is irresponsible enough applied just to the United States, where an overconcentration of trees has led to devastating wildfires. In recent years, the government has made it far too difficult for harvesters to get anywhere near forests, leading to lax lumber liquidation in Americas lush forests. The results, according to Texas Public Policy Foundation Vice President Chuck DeVore, are predictable: As timber harvesting permit fees went up and environmental challenges multiplied, the people who earned a living felling and planting trees looked for other lines of work. The combustible fuel load in the forest predictably soared.
But at least the U.S. doesnt need to make life-altering trade-offs between preserving forests and feeding its citizenry. Because farmers in less-developed countries such as Mozambique must clear some of the countrys vast forests to grow crops and feed their families, foreign aid policies to incentivize reforestation could lead to tough choices and devastating consequences. Africa is a graveyard of failed, idealistic foreign aid programs, yet policymakers seemingly never learn their lesson in trying to heal the planet. Lawmakers must decide if they want a photo-op next to a handful of replanted trees or genuine solutions that prioritize both economy and ecology.
Market-friendly policies and strong property rights protections safeguard the planet, leading to historic prosperity and, yes, carbon emission reductions. Taxpayers need sensible, free market policies, not crony handouts and woke posturing by both parties.
Ross Marchand is the director of policy for the Taxpayers Protection Alliance.
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Taxpayers beware: Republicans have their own green dreams - Washington Examiner
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