President Joe Biden. By David Lienemann - White House (V011013DL-0556), Public Domain, Link

Aussie Journalist Celebrates President Biden’s Climate Change Deception

Essay by Eric Worrall

“… brilliant piece of marketing – it’s called the Inflation Reduction Act (IRA), but it’s in fact a climate bill …”

Alan Kohler: How Anthony Albanese can do a Joe Biden on climate change

6:00am, Aug 11, 2022 Updated: 

There are many lessons for Australia in President Joe Biden’s Inflation Reduction Act, passed this week by US Congress, but perhaps the main one is: Never Give Up.

A month ago I wrote here that this country, and the rest of the world, had a big problem because America was out of the carbon emissions reduction game, which would make most other countries think they might as well give up too. Without the US reducing emissions, we’re all cooked.

It was because the US Supreme Court had gutted the EPA’s [Environmental Protection Agency] ability to deal with global warming, and more importantly, Biden could not get his climate action bill through Congress because of opposition from two Democrat Senators, Joe Manchin and Kyrsten Sinema.

But Biden didn’t give up: This week Manchin and Sinema both voted for the renamed bill, and it passed.

Rebranding the legislation was an obvious, but brilliant piece of marketing – it’s called the Inflation Reduction Act (IRA), but it’s in fact a climate bill with – as Paul Krugman wrote in the New York Times, a “side helping of health reform”.

What’s more, on climate it’s aimed at helping households – not industry – reduce emissions, which is the other brilliant thing about it, and that’s why Manchin and Sinema voted for it.

Read more: https://thenewdaily.com.au/opinion/2022/08/11/climate-change-biden-kohler/

Alan Kohler is a well known Aussie financial journalist, an Order of Australia recipient, but now we know he praises political deception.

I doubt the US Congress will be passing deceptively named climate bills after the midterms. So what does Alan Kohler think this one off bill will achieve?

Alan Kohler is a financial journalist, he should be aware that any government green energy subsidies for households will be swallowed by the skyrocketing inflation Biden’s disguised climate bill fails to address.

4.9 15 votes
Article Rating
64 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
ResourceGuy
August 12, 2022 2:06 pm

Yes, and student loan forgiveness after the runup and open door policy for students taking on debt is greater than Australia’s GDP. That’s after each family orientation at universities where parents are told they are out of the financial picture.

Mac
Reply to  Eric Worrall
August 12, 2022 2:31 pm

Hard sciences or health sciences probably the best majors but even they are becoming more and more corrupted.

michael hart
Reply to  Mac
August 12, 2022 3:15 pm

Seconded.
I can’t speak much to the undergraduate system as my experience is from the UK, but there are unheralded opportunities at the postgrad level.

At a non-ivy league public university (UW),I chanced upon a supervisor who could teach for America.

The most famous institutions and people are generally not interested in actually educating people.
As the great wit Peter DeVries said “Of course Harvard turn out the best graduates. They only accept the best. Leaving the job of real education to everybody else”

[And yes, I suspect Frank Herbert, a grad student at UW, probably did base the character of Piter de Vries on his near-namesake. That was a trademark of DeVries to change one letter in a sentence and introduce verbal ambiguity.]

Gary Pearse
Reply to  Eric Worrall
August 12, 2022 5:34 pm

I looked into the situation for a grandson re foreign students in Japan and India. Both places give the traditional curricula available a few generations ago in US/Canadian universities and at a high standard. They are a third as expensive and even offer scholarships for gifted foreign students including dorms and meals. They are very welcoming. I encourage anyone to investigate top universities there and elsewhere.

Joao Martins
Reply to  Eric Worrall
August 13, 2022 7:22 am

Quoting an (unidentified) old Briton, speaking to his son: “My son, earn your life honestly, if you can; if you cannot, earn your life.”

The reference frame of “honesty” has changed dramatically. In his answer here, Mac stated a way to earn life honestly. But there are other, non-criminal and (nowadays) not immoral ways to just earn life: lots of “international relations”, “anthopology”, several branches of economy, etc. Very often, with higher revenues than those granted to who is earning life honestly. And also grounded on rather sound intellectual skills (good, efficient spin-doctoring information is not an easy task).

For instance: all persons must eat to stay alive. But good agronomists, at least in a few countries that I know (including mine), have a smaller revenue than “nutritionists” (where I live, something close to a religion) of food (“vegan”) counselors.

Craig from Oz
Reply to  Eric Worrall
August 14, 2022 1:28 am

Part of the problem with Tertiary education is that it is basically just another training course with a fancier parchment given out at the end.

Break it down. Look at the contact hours. Look at the term lengths. Compare with working full time.

Also consider what needs to happen before someone can be taught a subject.

Answer? It needs to be established, understood and documented into a training structure with a measurable pass/fail condition before it can be taught to new people.

What this means is that what our students are actually learning is NOT the latest and greatest, it is several years old. So when they actually pop out new and shiny into the workforce rather than being the new generation that are going to help shift [insert your country’s name here] into the future, they are insanely inexperienced youth with out of date knowledge.

Mac
Reply to  ResourceGuy
August 12, 2022 2:29 pm

Obama is the one who had the govt assume the student loan debacle. The govt declares it as an asset. It, I believe is over 1 trillion dollars. The problem is that there is over a 40% delinquency rate so it’s hardly an asset. With the wild spending now going on would forgiveness of student debt make much of a difference to the over bearing burden that is now and the future? I don’t know.

Gordon A. Dressler
Reply to  ResourceGuy
August 12, 2022 4:38 pm

Hmmm . . . ResourceGuy, you just may have put your finger on the “October surprise” that I surely expect to happen before the US November mid-term elections.

Even though the Biden administration and the Democrat-controlled Congress just can’t get enough of patting themselves on the back and publicizing the GREATNESS of their recently passed HISTORIC “Inflation Reduction Act of 2022”, it will be a distant memory for most voters by November 1.

No, the Democrat party will need to offer something “great” this coming October, and student loan forgiveness just might be the ticket . . . think of how many young, impressionable, lemming-inclined voters will sign-up for “leadership” that offers so much largesse to them personally.

For all the older voters that pay 90% of the total of Federal income taxes, BOHICA.

Last edited 1 month ago by Gordon A. Dressler
Sweet Old Bob
August 12, 2022 2:08 pm

“Without the US reducing emissions, we’re all cooked.”

Yeah , China does not have any emissions …/s

Lrp
Reply to  Sweet Old Bob
August 12, 2022 6:04 pm

Alan Kohler doesn’t have any problems with China’s emissions. He can’t see them from his Ultimo office.

Ed Zuiderwijk
Reply to  Sweet Old Bob
August 13, 2022 1:38 am

With universities like James Cook Uni Australians are already cooked to a crisp.

Tom Halla
August 12, 2022 2:24 pm

Perhaps the largest single cost for consumers will be the rise in costs due to going to “renewables” . Increased wind and solar have always raised prices of energy, given the need to have total conventional backup of the weather dependent sources.
Wind in Texas hit 3% of nameplate rating recently.

Muzz
Reply to  Tom Halla
August 12, 2022 3:50 pm

And yet we have an ‘Energy Minister’ in Oz that still declares, with a straight face, that more S and W will mean lower energy prices. Apparently, wind and sunshine are free, therefore S and W are almost free. Talk about delusional, or is it part of the ‘Destroy Western Democracy’ master plan??

Gordon A. Dressler
Reply to  Muzz
August 12, 2022 4:49 pm

U-235, the common fuel for nuclear reactors, might also be considered to be “almost free”. After all, it is found in nature and is about 70% as common as is silver.

One cannot finish a journey of 1000 steps by stopping to longingly admire the first one.

Yes, delusional fits.

Last edited 1 month ago by Gordon A. Dressler
0311
Reply to  Gordon A. Dressler
August 12, 2022 8:11 pm

Could that be U-238?

Geoff Sherrington
Reply to  Tom Halla
August 12, 2022 7:27 pm

Tom Halla,

Up there among the biggest costs is the loss of vast areas of land to wind machines and solar panels. Few people seem to realize the horror that lies ahead, not only with loss of production from land, but also the aesthetics where noisy, ugly windmills in the hundreds of thousands will dominate many previously much loved views and aspects.
The peculiar thing is, this mad push for “renewable” is dominantly by green groups who, up to a decade ago, would be the spearheads of resistance. Geoff S

Dave Andrews
Reply to  Geoff Sherrington
August 13, 2022 6:19 am

In Scotland almost 14 million trees have been cut down to make way for windfarms. Hardly a peep from the greenies – but illegal logging in the Amazon , oh the horror!

Tom Abbott
August 12, 2022 2:27 pm

From the article: “Rebranding the legislation was an obvious, but brilliant piece of marketing – it’s called the Inflation Reduction Act”

It’s obviously Orwellian. A bill that is going to increase inflation is called the Inflation Reduction Act.

Yes, Manchin and Senima proved themselves to be just as worthless and harmful to the nation as all the rest of the Democrats with their favorable votes.

Manchin supposedly was going to get some benefits for the fossil fuel industry in this bill but the U.S. Senate Parliamentaian has ruled this cannot be included in any reconciliation bill, so it looks like Manchin didn’t get anything out of this bill other than showing his true Democrat, clueless-to-the-dangers-our-nation-faces, colors. Senima is equally clueless as to what is harmful to the nation, and should be voted out of office at the next opportunity.

I imagine come January 2023, the Republicans will start undoing all this radical Democrat insanity. I certainly hope that’s the case.

And, it looks like the Biden administration is unsuccessfully trying to trump up charges on Donald Trump. It appears they have nothing on him, as far as I can see. Just like all the other times Trump has been falsely accused by the radical, dangerous, authoritarian Democrats.

I think this is going to backfire on the Democrats.

Steve C
Reply to  Tom Abbott
August 12, 2022 2:41 pm

Only clueless idiots believe spending more money on green unicorns will reduce inflation.
Note: Watermelons are clueless idiots.

Scissor
Reply to  Steve C
August 12, 2022 3:15 pm

You give them too much credit.

DonM
Reply to  Tom Abbott
August 12, 2022 3:41 pm

Senima had a good shot at staying in office. Now it is slim.

Manchin simply shows how good he is a fooling people. He is scumbag liar. Congress will need to let the West Virginia people that they will get nothing … no pipeline … nothing, as long as Manchin is allowed to continue representing them as the liar that he is.

Manchin needs to be targeted now. No need to wait until after the midterms. Simple slogan: “He is a liar now, and will be a liar next year … no need to wait until next year to discuss it.”

DonM
Reply to  DonM
August 12, 2022 5:01 pm

“We need a new Governor … our current guy will be gone when he replaces Manchin”

MarkW
Reply to  DonM
August 12, 2022 5:27 pm

The chairman of the House Ways and Means committee has stated that if the Democrats remain in control of the House and Senate, they are planning on raising both personal and corporate taxes next year,

Tom Abbott
Reply to  Tom Abbott
August 12, 2022 6:28 pm

Trump is now saying that he had a “standing order” that any classified material that was removed from the White House for him to take home to Florida was *automatically* declassified with the action of removing it from the White House.

So everything Trump has that went to Florida while he was president is unclassified material now.

The president and vice president have unlimited power to declassify anything, and apparently Trump had an executive order that addressed declassification.

It’s not looking good for Attorney General Merrick Garland. I’m sure Biden will be happy to let Merrick take the fall.

Last edited 1 month ago by Tom Abbott
Simon
Reply to  Tom Abbott
August 12, 2022 7:02 pm

“Trump is now saying that he had a “standing order” that any classified material that was removed from the White House for him to take home to Florida was *automatically* declassified with the action of removing it from the White House.
So everything Trump has that went to Florida while he was president is unclassified material now.”
Have you got a reference for that?
And…That only has any meaning if you believe him. He also said Obama took a lot of classified material, but that was quickly proved nonsense. So given his back is to the wall, I would very much take anything he says with a grain of salt at this time and certainly double check.

Last edited 1 month ago by Simon
Simon
Reply to  Simon
August 12, 2022 8:49 pm

Ok so I found your reference and it is only Trump claiming that. The lawyers questioned seemed to feel that was a pretty thin excuse given Trump’s logic was it was so he could take work home. But….
a) Even a president has to fill out paper work to declassify documents. You can’t just “say it.” So where is the paperwork?
b) If it was to take work home, that doesn’t explain why they are still at his house.

Tom Abbott
Reply to  Simon
August 13, 2022 3:43 am

The reference is from reporter John Solomon of “Just the News”.

John said he kept hearing about this “standing order” and couldn’t figure out what that meant for a while, but now he and you and everyone knows. Trump had a standing order that anything that was transferred from the White House to his residence was automatically declassified.

Presidents do sometimes have to take their homework home with them, and when Trump took his homework home, the classified material was declassified.

Simon
Reply to  Tom Abbott
August 13, 2022 1:58 pm

And when he finished his homework?

Tom Abbott
Reply to  Simon
August 13, 2022 2:40 pm

I don’t know the particulars of all that stuff. I imagine we will find out over the coming days.

Mr.
Reply to  Simon
August 13, 2022 10:28 am

Maybe when the FBI finds Hilary’s 39,000 State Dept documents, they’ll have learned the trick of finding Trump’s homework?

Simon
Reply to  Mr.
August 13, 2022 1:59 pm

Maybe they should both be held accountable?

Gary Pearse
Reply to  Tom Abbott
August 12, 2022 6:45 pm

Because Democrats fear Trump, they are pulling out all stops to make him ineligible for the presidency. They no if he were to get in, with the ongoing damage to America done by treasonous Democrats, he would become the Greatest president ever, simply because the reversal of the economic lunacy would set all records for recovery and growth.

Trump fears not to topple the whole world WEF great neomaxist Reset. Nothing is too big to fail for him. I fear garden variety of Republicans have shifted too far left and wouldn’t take on the New World Order dragons to the full degree. Pull America out of this nightmare and it will collapse.

Tom Abbott
Reply to  Gary Pearse
August 13, 2022 4:37 am

“I fear garden variety of Republicans have shifted too far left and wouldn’t take on the New World Order dragons to the full degree”

That is a legitimate fear.

Trump has been getting a lot of “America First” Republicans elected lately so maybe that will make the difference next time.

It is essential that Republicans find their backbone. They have to see the radical Democrats as the existential threat to our freedoms that they are, and they need to take steps to prevent this threat from materializing.

It will take courage. The radical Democrats will not go quietly and they have the Media on their side, which scares many traditional Republicans to death, and they go silent as a result.

Silent isn’t going to cut it any longer. Go silent now and we all lose our freedoms, including the Independents and the Democrats. All will be bowing to the Elite Radical Authoritarian Democrats.

Rud Istvan
August 12, 2022 2:31 pm

There is less rather than more to this charade ‘Dem victory’ IRA bill.

The only way it could ever reduce inflation is by raising taxes in a recession to cause a depression. That it tries to do by explicitly raising taxes and funding an additional 87k IRS agents to collect them. Not a good look.

No matter what it ‘virtue signaling’ does on climate ‘green new deal’ lite, it won’t affect climate at all because US jurisdiction doesn’t extend to China and India.

As for the side helping of ‘health care’, authorizing Medicare to negotiate better drug prices does not mean there will be any, since drug companies hold patents on the good new stuff and are granted a legal 20 year monopoly per Constitution A1§8.8 and the current enabling Congressional Act per A1§8.18. And generic off patent competition already lowered prices on all the ‘less good’ old stuff. (My quote marks are a form of sarcasm, since most of the generic old stuff is still VERY good medically. The World needs new antibiotics and cancer therapeutics, but not new benzodiazepines or SSRIs or cholesterol inhibitors or ED fixes.

Mac
Reply to  Rud Istvan
August 12, 2022 2:40 pm

When I was in school in the late 60’s Eli Lilly paid for our class to come to their plant and view first hand the work and research they were involved in. It was very impressive as we got to tour through the whole facility and were given detailed explanations of each bit of research they were involved in. Of course it was a sales pitch as they were promoting their products. Over the years I did prescribe many different products many very effective. Pharm companies in my opinion have been given a bad rap.

Stan Sexton
Reply to  Mac
August 12, 2022 3:18 pm

Well, we got at least 8 new Pharma Billionaires with the Covid vaccines. A huge success there.

Scissor
Reply to  Mac
August 12, 2022 3:19 pm

Aspirin, insulin and Viagra actually work. Some of the shit being put out today does more harm than good.

Rud Istvan
Reply to  Mac
August 12, 2022 3:32 pm

I mostly agree, having run a company in the space. But there are some egregiously bad exceptions. Two examples.

  1. As CEO of a small private fundamental patent holding biotech, I negotiated a sale agreement with the CEO of a very large European pharma. It had three parts, the third being a proven (on humans, small sample, but at their request) very effective acne treatment. His organization dishonored the agreement and assigned zero value to the acne indication. We did not proceed. In my US world, a handshake is a handshake. France, nope.
  2. mRNA COVID vaccines have proven much less effective and much more dangerous than Fauci advertised on their behalf. Not a good look at all.
Duker
Reply to  Rud Istvan
August 12, 2022 4:36 pm

You seem to think because your company knew about acne treatments it qualified you to know about mRNA vaccines.. Laughable that they are dangerous at all.

All your experience with the patent and the large Pharma shows is that the little guys will be screwed by the big guys if they can . thus it ever was. Maybe they will have a close relation to your patented product on the market soon as they now have had a chance to understand it better and or weaponize any legal action against your patent

Gordon A. Dressler
Reply to  Duker
August 12, 2022 4:58 pm

” . . . weaponize any legal action against your patent”

WTF?

Tom in Florida
Reply to  Rud Istvan
August 12, 2022 6:26 pm

As to #2, I am just finishing a 5 day bout with COVID. Symptoms were similar to the flu but were shorter in duration. My friend who came to visit me last week from Connecticut apparently was exposed on the way here. We are the same age and spent several days in close proximity working on a co-authored book. We ended up with the same symptoms at almost the same time. We both tested positive.
He has had the first two shots and two boosters the latest being last Nov.
I, on the other hand, had only the first two shots and no boosters.
My conclusion from this is that the boosters are a waste of time and money.

Mr.
Reply to  Tom in Florida
August 12, 2022 6:52 pm

The whole mRNA “vaccine” (more accurately, “a therapeutic”, not an “immunisation”) is a waste of time & taxpayers’ money.

Chris Hanley
August 12, 2022 2:54 pm

Without the US reducing emissions, we’re all cooked …

Kohler then links to an article by Paul Krugman, now I know where he’s coming from.
Larry Kudlow who served in both the Reagan and Trump administrations has a different take on the Orwellian titled Inflation Reduction Act:

Lewis P Buckingham
August 12, 2022 4:06 pm

 ‘Without the US reducing emissions, we’re all cooked.’
It was Obama who pointed out that if the US shut down it would make no difference to ’emissions’ because it only generates 15% of the worlds CO2.
The US is then implicitly beholden to the rest of the world to join in and cut CO2.
Otherwise CO2 production cannot fall.
Judging by the amount of coal being burned the majority of the world has already given up and will manage anything that happens with the technology won from cheap power.
This bill signifies a drift from energy security to global decline.

Gordon A. Dressler
Reply to  Lewis P Buckingham
August 12, 2022 5:03 pm

“Judging by the amount of coal being burned the majority of the world has already given up and . . .”

No, they didn’t give up. The majority of the world never bought into the meme that increasing CO2 causes increasing global warming in the first place.

markl
August 12, 2022 5:18 pm

“the rest of the world, had a big problem because America was out of the carbon emissions reduction game” Not that it makes any difference with the ‘climate’ but I thought the USA reduced net C02 emissions by percentage and total more than any country in the world by utilizing the more efficient and cleaner gas plants that don’t need emissions scrubbing.

Kemaris
August 12, 2022 5:21 pm

Yes, it’s a deceptively named Climate and Revenue bill. I expect the skyrocketing price of reliable energy, along with the Earned Income and Child Tax credit audits, to hit in plenty of time to ensure a 2024 Red Tsunami in the US.

Doonman
August 12, 2022 5:39 pm

There is no evidence at all that increasing spending on “The Climate” will reduce the level of CO2 in the atmosphere.

There is lots of evidence that increasing spending fuels inflationary pressure on the economy.

The last thing anyone should do during a business recession is raise taxes.

Brad-DXT
August 12, 2022 6:47 pm

“Alan Kohler is a financial journalist.”
Being a financial journalist means that he avoids learning about anything to do with finance and spews out what he is told.
Anyone that has taken any type of economic class would know this is a horrible bill that will increase inflation and do nothing for the climate except pour money in the coffers of the green blob industry.

As far as speaking admirably about the rebranding of the bill as brilliant marketing, this just means that Mr. Kohler is a leftist liar. He probably thinks that promoting the destruction of the western world economies will place him in the hierarchy after it all comes crashing down. He’ll be one of the first to go during the purges.

Orwell wrote the books 1984 and Animal Farm as cautionary tales, not guide books.

0311
August 12, 2022 8:06 pm

Mr. Kohler, where I come from that’s called a lie. We don’t look kindly on that behavior. Let us know when you happen to be in Texas, we should have a little talk and straighten things out a bit.

Last edited 1 month ago by 0311
observa
August 12, 2022 8:26 pm

It’s just more of the same from the climate cult-
Climate and energy ministers have a ‘chalk and cheese’ portfolio (msn.com)

Steve Case
August 12, 2022 9:06 pm

I doubt the US Congress will be passing deceptively named climate bills after the midterms.
______________________________________

The Democrats will do what they did in the 2020 election except they won’t be schlepping their cell phones around. Besides that: Why did the Supreme Court decide to visit Roe vs. Wade at this time? I’m rather sure the Democrats urged the liberals on the court to “Let it happen” because it will give them a boost in actual votes in November.

Zane
August 12, 2022 9:33 pm

Kohler is an effwit.

observa
Reply to  Zane
August 13, 2022 7:33 am

No he’s a lot smarter than that with market/investment commentary and telling it like it is here. Just that he’s swallowed the plant food dooming but he’s not alone there.

John Hultquist
August 12, 2022 9:59 pm

Alan Kohler ??

In North America “Kohler” is a name associated with plumbing products.
I wonder why this fellow thinks that what the USA does matters?
Is he aware of the fracking for gas did reduce CO2 emissions, and now
is he suggesting others follow?

rah
August 12, 2022 11:36 pm

No one having more than two working brain cells ever believed it had anything to do with reducing inflation.

Dennis G. Sandberg
August 12, 2022 11:37 pm

“… brilliant piece of marketing – it’s called the Inflation Reduction Act (IRA), but it’s in fact a climate bill …”

Another liberal assigning a new meaning to a word. Correctly defined, It’s a pathetic political lie. Democrats are getting worse. The solar cronies that got fat off of Obama will become obese under Biden. Progressive Progress. Cost of electricity goes up 25+% in five years.Sad.

ozspeaksup
August 13, 2022 2:43 am

from what I heard on the radio hes used the bribe of possible cheaper meds for the oldies to get support
devious the way your govt lumps a mass of dirtydeals into one policy

djaymick
August 13, 2022 5:44 am

This is why the public don’t trust the media. The media is the Democratic Party’s PR firm. They spout their talking points, openly lying to the public. And it has gotten worse. The media forgets that their job is to protect the American public from the corruption that goes on in Washington. And can be sued (class action lawsuit) for knowingly peddling fraud to the American public. And this article just reiterates that they will openly lie to pass their agenda.

Tom Abbott
Reply to  djaymick
August 13, 2022 2:50 pm

The Leftwing Media and their lies are the biggest threat to our freedoms.

People cannot govern themselves properly when they are fed a constant stream of partisan political lies. Which is the situation we find ourselves in today.

If the truth were told, Joe Biden would never have been elected and the Democrats would be a failed political party.

%d bloggers like this: