PREVIEW:#GREEN: Conversation with Joseph Sternberg of WSJ re the quandary of Green iin Europe-- where political leadership passed laws mandating net-zero by such a date and the public suddenly doesn't aim to pay the bill. More later.
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 7 May 2024
⏱️ 3 minutes
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| 0:00.0 | This is John Bachelor, conversation with my colleague Joseph Sternberg, member of the |
| 0:05.8 | editorial board of the Wall Street Journal, he's in London, writes political economics, |
| 0:10.5 | about net zero, the ambitions of governments in Europe and the United States, |
| 0:15.0 | to reach net zero by such and such a date with mandates passed into law. |
| 0:21.0 | And Joe describes what's gone wrong. |
| 0:23.3 | What's gone wrong is the government has to send the bill to the taxpayer and the |
| 0:29.1 | taxpayer suddenly wakes up to the fact that the bill is very high, there are no resources, and after all who |
| 0:34.9 | needs this. |
| 0:35.9 | Here's Joe to describe how we got into this fix, where governments are now being challenged |
| 0:40.6 | in courts for not living up to their promises, more than promises, the laws |
| 0:45.9 | they've passed. |
| 0:47.9 | More of this later. |
| 0:48.9 | I, if memory serves, there have been a couple of other cases, |
| 0:52.8 | legal cases in parts of the European Union, |
| 0:56.6 | where the courts also have stepped in to try to mandate |
| 0:59.1 | more climate change. |
| 1:00.0 | And we should expect a lot more of this kind of activity moving forward for a couple reasons. |
| 1:05.3 | On the one hand, we have this phenomenon I was just describing where elected governments are |
| 1:10.6 | realizing that the voters who elect them don't want to pay for this stuff. |
| 1:15.8 | You were talking very intrusive, very expensive mandates about the kind of car you can drive and how you can heat your home and get your hot water from |
| 1:26.1 | and what kind of food you can eat and voters just don't want to do it. |
| 1:31.2 | So on the one hand elected politicians are going to naturally enough try to |
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