The fundamental absurdity of the Social Cost of Carbon is that it goes out 300 years to get the supposed economic damages due to today’s minor emissions of carbon dioxide.
Banning carbon-based fuels will impose enormous costs that Team Biden deliberately ignores.
One needs only to observe the aggressive pursuit of “diversity” in admissions and hiring, the abandonment of the traditional curriculum in favor of highly politicized “studies” based on group identity, the mandatory workshops on sensitivity training, and so on to fully comprehend the stranglehold the Left has managed to secure today within our schools, especially at the university level where instructors need not be as concerned with parental interference, but instead have a captive audience in which to indoctrinate our children to their Marxist philosophies
Thus far, the Saudi royal family has maintained its highly oppressive form of government by pacifying its people with an extensive welfare state funded by oil money. But low oil prices brought about by hydraulic fracturing in the United States are forcing the monarchy to give the Saudi people more freedom in order to remain in power.