Bu Tyler Durden
Barack Obama, Nancy Pelosi and dozens of members of Congress converged on Glasgow this week, as COP26 enters its final few days, without any prospect of the US passing key climate-focused legislation before it ends. The senior US politicians flew to Scotland following a frantic few days on Capitol Hill, where US President Joe Biden managed to get his signature infrastructure bill through Congress, though without any of the major climate initiatives he had promised.
With days left until the end of the summit which concludes on Friday, climate activists have expressed disappointment about the lack of firm US commitments which is perhaps understandable since the last thing Biden needs, trying to explain to his woke constituency why soaring inflation isĀ good for them, is to also having to inform the American public that aĀ grand total of $150 trillion in new – and very inflationary – spendingĀ will be required to ram through the Net Zero agenda. Still, activists are hoping the presence of so many members of Congress in Glasgow will give them a chance to press the case for passing Bidenās $1.75tn social security package, which includes around $550bn of environmental provisions.
Biden has promised to put tackling climate change at the heart of his domestic agenda, and attended the Glasgow summit in person last week.Ā But his administration disappointed many attendees when it refused to sign up to a pledge to phase out coal power, joining China and India in opting out of the 40-nation agreement…
