“Today the conservation movement is led by sober business men and is based on the cold calculations of the engineers. Conservation, no longer viewed as a political issue, has become a business proposition…. The old school looked on conservation as a governmental function; the new school believes in entrusting it to the hands of business men and engineers.”

– Erich Zimmermann, World Resources and Industries (New York: Harper & Brothers, 1933), pp. 784–85.

Profit-seeking conservation is nothing new, as economists have noted. So why must we assume that self-interested conservation is a ‘market failure’ requiring government subsidies and mandates? Why is market decision-making with energy necessarily sub-optimal?

And if “market failure” is posited, what must be said about “government failure”? Political processes are human too, and worse, bureaucrats do not have their own hard-earned cash on the line.…

[Editor note: Pierre Desrochers, who guest posts with us for the first time, is Associate Professor of Geography at the University of Toronto.]

Paul Ehrlich’s best-seller The Population Bomb  turned 40 last year. The latest issue of the peer-reviewed (and somewhat iconoclastic) Electronic Journal of Sustainable Development is devoted to the book, its impact, and the validity of its main message. It features contributions by both Paul and Anne Ehrlich, who mostly stand by their original analysis, and some of their critics who challenge their basic premise and supportive evidence.

Despite a now widespread popular perception that The Population Bomb was a pioneering work, it originally drew little attention. In fact, it was just the latest in a long line of books, reports, essays and pamphlets on the population issue published in post-World War II America.…

Dr. Pierre Desrochers, Associate Professor of Geography at the University of Toronto Mississauga, is the scholar’s scholar. In an age where few read all important material on all sides of their subject, this professor stands out.

Can President Obama strike a deal with the University of Toronto to make this course available to his top energy and environmental aides, even smartest-guy-in-the-room John Holdren? Energy legislation is currently stalled, and the summer might be a good time for a “time out” to learn the basics of energy and the free society.

Here is the syllabus for GGR 333H5F

The development of new energy sources has had a major impact on the development of both human societies and the environment. This course will provide a broad survey of past and current achievements, along with failures and controversies, regarding the use of various forms of energy.…

[Editor note: This review was completed before the BP oil spill. To the extent that cost cutting was responsible for the Deepwater Horizon rig blowup and the uncontrolled oil spill, it was a monumental miscalculation under profit/loss accounting.]

A hallmark of the “sustainable development” mantra is the notion that business’s pursuit of profit maximization must necessarily lead to environmental degradation and the depletion of “non-renewable resources,” and that such activities must be closely regulated by government. However, this assessment does not square with the historical environmental record of market-based industrial progress and it ignores basic economic concepts.

Pierre Desrochers, Ph.D., Associate Professor of Geography at the University of Toronto, maintains, “It is unfettered governments that are no friend to the environment.” An expert in economic geography with specialization in the study of the history of technology, Desrochers provides an abundance of historical evidence to substantiate his position.…