Thousands of busybodies have descended on Abu Dhabi, United Arab Emirates (UAE), to forestall what they see as an imminent apocalypse. The 28th meeting of the Conference of the Parties to the U.N. Framework Convention on Climate Change (COP28) being held in Dubai, UAE, is presided over by its president, Sultan Ahmed Al Jaber, UAE minister of industry and advanced technology and UAE special envoy for climate change. Mr. Al Jaber is also the CEO of ADNOC, the state-owned Abu Dhabi National Oil Co., and chairman of Masdar, otherwise known as the Abu Dhabi Future Energy Co., a state-owned renewable energy firm. The irony of an oil executive leading a meeting intended to eliminate fossil fuels from the world economy wasn’t lost on participants.
Ms. Robinson said, “We’re in an absolute crisis that is hurting women and children more than anyone.”
Making such absurd connections is typical of climate activists, who often roll identity politics into their climate activism, which apparently gives them the sense that they’re tackling all the world’s supposed problems in a single effort.
Mr. Al Jaber responded by countering:
“I accepted to come to this meeting to have a sober and mature conversation. I’m not in any way signing up to any discussion that is alarmist. There is no science out there, or no scenario out there, that says that the phase-out of fossil fuel is what’s going to achieve 1.5C [the temperature increase cap decreed in the Paris Climate Accord].
“Please help me, show me the roadmap for a phase-out of fossil fuel that will allow for sustainable socioeconomic development, unless you want to take the world back into caves.”
One can only hope that these plans are true and that Mr. Al Jaber will have succeeded in making some oil deals for ADNOC and its potential customers. Such economic activity isn’t so much a sign of hypocrisy as it is evidence that economic actors will pursue rational exchanges, despite the obstacles posed by the market interference of interventionists such as the U.N. and its political accomplices, including obstacles that are self-imposed by the economic actors themselves.
“For those who ignore the energetic and material imperatives of our world, those who prefer mantras of green solutions to understanding how we have come to this point, the prescription is easy: just decarbonize—switch from burning fossil carbon to converting inexhaustible flows of renewable energies. The real wrench in the works: we are a fossil-fueled civilization whose technical and scientific advances, quality of life, and prosperity rest on the combustion of huge quantities of fossil carbon, and we cannot simply walk away from this critical determinant of our fortunes in a few decades, never mind years.
“Complete decarbonization of the global economy by 2050 is now conceivable only at the cost of unthinkable global economic retreat, or as a result of extraordinarily rapid transformations relying on near-miraculous technical advances.”
As Mr. Al Jaber seemed to suggest, the climate change catastrophists of COP28 would consign humanity to preindustrial conditions—relegating those in poorer regions to misery and hunger—all while tackling a phantom whose existence is dubious at best.
The economics of climate change catastrophism involve global centralized planning and interventionism on a scale hitherto unexampled. It’s irrational to the extent that it purposefully forgoes known economic advantages, jettisons tried-and-true methods, and rejects the market-based approach that has proven to maximize inputs for efficient wealth production. It artificially imposes technological change rather than allowing it to develop of its own accord. Furthermore, it aims to curtail economic freedom by supplanting the choices of producers and consumers and overwriting them with the plans of a climate change dictatorship.