BUNK: TIME’s Suggestion for U.S. Inflation Fight? ‘Tackle Climate Change’

The Eco Doom-Mongering TIMEMagazine virtue-signaled the United States must fight climate change to combat inflation. Really.

The rag published a bonkers Feb. 3 article headlined, “If the U.S. Wants to Fully Tackle Inflation, It Needs to Tackle Climate Change.” After blaming consumers in part for driving the worst inflation seen in nearly 40 years, along with supply shortages caused by the COVID-19 lockdowns, the magazine started babbling nonsense.

“[B]Economists believe that inflation is also being caused by extreme weather events linked to climate change. Globally, climate-related catastrophes have destroyed crops and disrupted power supplies. They also crippled transport lines. Economists say that this reality will only worsen as the planet warms.” The magazine has a long, sad history of trying to push end-of-the-world narratives and tying climate change to unrelated issues like inflation.

TIME looks like it’s trying to live up to the propaganda it pushed in April 2021: “Climate Is Everything.”

Naturally TIME suggested an unhealthy dose of government intervention to deal with its climate boogeyman: “There’s no question that governments need to do more to combat climate change—to halt the extreme weather events that drive inflation, yes, but also just to save lives and keep society from collapsing.” However, the magazine undercut itself by admitting that its proposal would actually cause, er, inflation:

The most fundamental level is it’s easy to understand how climate policy might drive up prices. Indeed,The whole point of carbon pricing or regulatory schemes is to raise carbon emissions costs. And, because today’s economy largely runs on carbon-based fuels, these policies might mean higher prices of goods in the short term while manufacturers find less carbon intensive ways of doing business, [emphasis added].

Austria-based think tank Société Universitaire Européenne de Recherches Financières (SUERF) noted in a July 2021 report that “Climate policy increases inflation by triggering two waves of costs.”

Specifically, “First, companies have to pay more for CO2 emissions. They incur further costs because the higher CO2 price leads them to reorganise their production in a climate-friendly way.” The fact that TIME This is a blow to its propaganda.

As absurd as it sounds, tying inflation to climate changes is just as ridiculous as when TIME Nearly 47 years ago, I tried to alarm readers with the possibility of a worldwide cooling disaster. “The trend [of global cooling] shows no indication of reversing,” TIME In 1974, this was reported.  “Telltale signs are everywhere —from the unexpected persistence and thickness of pack ice in the waters around Iceland to the southward migration of a warmth-loving creature like the armadillo from the Midwest.”

In 2020, the magazine claimed 2020 was the planet’s “one last chance” to save the planet from global warming. It’s a wonder why anyone would take TIME Take seriously any matter relating to climate change.

Conservatives under attack Send a letter (letters@time.com), to demand that Time stop publishing climate-propaganda.

 

 

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