Only it’s actually tragic—and not for the environment.
The truth is that people like Kerry and many of his colleagues and predecessors who have been obsessed with the same supposedly imminent ecological disaster literally for decades now, are to blame as much as anyone—with the exception of Vladimir Putin, of course—for the carnage in Ukraine.
This environmental obsession obviously swept up our current president to such a degree that from the minute he was inaugurated he worked to reverse the American energy independence achieved under the Trump administration.
He succeeded and then some in less than a year.
This makes the so-called sanctions a pathetic sideshow—laughable, really.
As for most environmentalists, they are mostly moral narcissists signaling their own virtue. Few actually do much for their sainted environment other than buy a Tesla if they can afford one.
In reality, barring some miraculous discovery, the whole world will be running on gas and oil for years to come, unless the environmentalists let us use the more efficient nuclear.
That oil—purchased by America, Germany, and many others—is fueling Russia’s attempt to reconstruct the old Soviet Union. Biden highlighted that in his speech, but he is greatly to blame.
He could have announced he was turning on the American energy spigots again, but he didn’t.
As I write this, the stock market is up as it has been, somewhat surprisingly, in the midst of this invasion.
Those in the know explain this as traders assuming the Federal Reserve will now have to restrain itself from raising rates. And there may be truth in that.
But I have another theory: The traders are looking at the sanctions agreed to by NATO members, including the United States, and see them as weak and pointless. They take that as a signal that business as usual will not be interrupted. Russia will go on selling tons of oil to the United States and the rest of the world.
Let the good times roll, Ukraine be damned.
Friends Read Free