“If social justice were the outcome COP26 attendees desired, they would do well to articulate how they meant to replicate the reliable, economical, and land-sparing fossil-fuel-based power generation and transportation now within reach of most of humanity.”
The 2021 United Nations Climate Change Conference, (COP26), concluded last week in Glasgow, Scotland. As usual, activists traveled to the event using carbon-fueled vehicles to demand that carbon-based fuels be left in the ground (including those in the developing world) in the name of social justice.
As many readers of this blog and some local climate change activists know, James Watt (1736–1819) was born and performed his first experiments to improve the steam engine not far from where the UN meeting took place. Watt ended up doing his most important work and is buried in Birmingham, where a series of events were organized two years ago to celebrate the bicentenary of his death.…
Editor Note: This post is by two leading scholars working in the Julian Simon, Austrian School, Institutionalist School traditions. Authors of Population Bombed!, Pierre Desrochers and Joanna Szurmak are important figures at MasterResource.
Even greater creativity and market complexity can be observed in the history of the petroleum production and refining industries. Market institutions and incentives provide the framework from which a plenitude of individuals and companies make their contribution.
Black, Black Progress
Petroleum was first sought after in western Pennsylvania in the 1850s, as it proved a more economical source of kerosene (a combustible hydrocarbon used for illumination), which had previously been produced from coal, oil shale, and bitumen. Kerosene was seen as a superior and more reliable alternative to animal and vegetable oils, the best of which were derived from sperm whales.…
“In the shift towards environmentalism, rich people have increasingly lost track of the need to improve the standards of living of working class and poor people who do not have access to cheap, reliable and scalable power sources.”
“The communist drive to overthrow the privilege of the few resulted in extreme authoritarianism and the deaths of millions of people. Further attempts to lie about our natures and to displace our instinctive drives will result in misery.”
11) Fairy tales of green technology saving the planet protect us from the full weight of just how bad things are and from making a real plan to save ourselves and a planet worth living on.…