{"id":1548382,"date":"2022-07-11T09:02:32","date_gmt":"2022-07-11T13:02:32","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1548382"},"modified":"2022-07-11T09:04:17","modified_gmt":"2022-07-11T13:04:17","slug":"world-economic-forum-says-gas-prices-must-go-higher-to-save-democracy","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/world-economic-forum-says-gas-prices-must-go-higher-to-save-democracy\/","title":{"rendered":"World Economic Forum Says Gas Prices Must Go Higher to &#8220;Save Democracy&#8221;"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fworld-economic-forum-says-gas-prices-must-go-higher-to-save-democracy%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1548382&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><\/div>\n<p class=\"subheading\">The World Economic Forum (WEF) released a position paper Monday that inexorably links two claimed global crises as one \u2013 \u201cclimate change\u201d and the \u201cdecline of democracy.\u201d<\/p>\n<p>It says fighting the former can save the latter as long as consumers stop burning\u00a0coal, oil and gas in exchange for green renewables.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p>The WEF paper <a href=\"https:\/\/www.weforum.org\/agenda\/2022\/07\/colour-of-democracy-clean-energy-transition\/\">argues<\/a> for the past 15 years,\u00a0democracy has been in decline worldwide. To protect and promote freedom, \u201cleading democracies must strengthen their economies and safeguard liberty.\u201d<\/p>\n<p>It goes on to say\u00a0ignoring progress toward a \u201clow-carbon economy could put democracies in greater economic peril, not less\u201d while repeating the broader demand of environmental activists for companies to stop investing fossil fuels.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Activists are pressuring banks to stop investing in fossil fuels in the name of stopping \u201cclimate change&#8221; as gas and oil prices soar. <a href=\"https:\/\/t.co\/G80RqaGAme\">https:\/\/t.co\/G80RqaGAme<\/a><\/p>\n<p>\u2014 Breitbart News (@BreitbartNews) <a href=\"https:\/\/twitter.com\/BreitbartNews\/status\/1509895986910531586?ref_src=twsrc%5Etfw\">April 1, 2022<\/a><\/p>\n<\/blockquote>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p>Russia\u2019s invasion of Ukraine has brought renewed focus on this economic weakness, the WEF says.<\/p>\n<p>What is the answer for the U.S. and Europe? Pricing the alternatives to green energy out of the market. It says:<\/p>\n<blockquote>\n<p>First, leading democracies should agree to end the underpricing of fossil fuels, which is the principal factor preventing a clean energy transition. The underpricing associated with producing and burning coal, oil and gas amounted to $5.9 trillion in economic costs in 2020. Nearly a quarter of these losses \u2013 $1.45 trillion \u2013 occurred in 48 major and smaller democracies.<\/p>\n<p>The leading democracies of the G20 should collectively commit to phasing out cost and tax breaks for the production and consumption of fossil fuels. They should also phase in more efficient pricing of fossil fuels through taxes or tradable permits to cover the costs of local air pollution, global warming, and other economic damages.<\/p>\n<\/blockquote>\n<p>The paper goes on to argue that compliance can and must be enforced.<\/p>\n<p>Taxes can be imposed\u00a0on carbon-intensive imports to reduce the risk of unfair competition for their domestic industries \u201cand to deter companies from relocating overseas to avoid compliance at home.\u201d<\/p>\n<p>Forcing other economies to reform their under-pricing of fossil fuels to avoid the penalties imposed by the policy should also be actively pursued, according to the WEF, with U.S. President Joe Biden already committed to punishing the fossil fuel industry out of existence.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Democrat Joe Biden doubled down on his promise to eliminate the fossil fuel industry and, as a result, millions of energy workers&#8217; jobs. <a href=\"https:\/\/t.co\/tndJRAYxba\">https:\/\/t.co\/tndJRAYxba<\/a><\/p>\n<p>\u2014 Breitbart News (@BreitbartNews) <a href=\"https:\/\/twitter.com\/BreitbartNews\/status\/1319809616386134016?ref_src=twsrc%5Etfw\">October 24, 2020<\/a><\/p>\n<\/blockquote>\n<p>The paper concludes that by delaying a clean energy transition, \u201cleading democracies are making their economies more vulnerable through continued reliance on fossil fuels.\u201d<\/p>\n<p>Collectively acting to foster a green transition \u201cis not only good for the climate but also critical for protecting democracy,\u201d the WEF paper concludes.<\/p>\n<h5><em><span>Follow Simon Kent on Twitter:<\/span> <a class=\"twitter-follow-button\" href=\"https:\/\/twitter.com\/SunSimonKent\" data-show-count=\"false\">Follow @SunSimonKent<\/a> <span>or e-mail to: skent@breitbart.com<\/span><br \/><\/em><\/h5>\n","protected":false},"excerpt":{"rendered":"<p>The World Economic Forum (WEF) released a position paper Monday that inexorably links two claimed global crises as one \u2013 \u201cclimate change\u201d and the \u201cdecline of democracy.\u201d It says fighting<\/p>\n","protected":false},"author":1,"featured_media":1548456,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1548382","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1548382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1548382"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1548382\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1548456"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1548382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1548382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1548382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}