Thread by @dlacalle_IA

Economic freedom is the only guarantee of environmental protection. #ClimateStrikes

(Yale & Columbia Environment Protection Index, Frasier Institute Economic Freedom Index)

Open Thread:

Interventionism and socialism have never protected the environment. They always subsidize the most polluting sectors and raise taxes on citizens with the excuse of the weather.

Heritage

#ClimateStrikes

The most polluting industries are state or semi-state owned or managing state resources in countries where economic openness and freedom is minimal. #ClimateStrikes

(Climate accountability report)

Anyone who thinks that interventionism will improve environmental quality has a problem with reality. China will install more additional carbon in 12 years than all US current capacity and 2x total EU capacity. Refining as well.

The biggest subsidies to pollution are, surprise, all in countries with low economic freedom, governments with maximum control of the economy and with state-owned companies.

IMF

#ClimateStrikes

The politicisation of climate action does not defend the environment, just whitewashes interventionism. Hence the silence with China or Iran. It is very easy to be an "activist" in open economies against listed companies that are the solution, not the problem.

#ClimateStrikes

Only Economic Freedom Will Save The Earth
heritage.org/environment/co…
Economic Freedom and Air Quality
fraserinstitute.org/sites/default/…
Economic Freedom and Environmental Quality, Richard L. Stroup.
dallasfed.org/~/media/docume…

#ClimateStrikes

Decarbonisation is unstoppable, but it would be even faster without the pitfalls of those who today present themselves as saviors of the Earth while in reality they just tax citizens to perpetuate polluting “national strategic champions”.

Technology and competition can achieve decarbonisation faster and more efficiently. But technology and competition reduce prices and curb government control, two things governments hate.

Believing that government intervention and socialism will improve the environment, incentivise technology change and innovation is more than wrong. It goes against their goals of control and inflation.

Only free markets give the solution to climate challenges

#ClimateStrikes