… Continue Reading“No insurance policy is worthwhile if the cost of the premiums exceeds the protection purchased. For greenhouse insurance to be worthwhile, it must either reduce the risks of anthropogenic climate change or reduce the costs of emission reductions designed to achieve the same goal, without imposing off-setting risks, such as those which would result from policies that slow economic growth and technological advance.”
“Rather than adopt costly regulatory measures that serve to suppress energy use and economic growth, policy makers should seek to eliminate government interventions in the marketplace that obstruct emission reductions and discourage the adoption of lower emission technologies. Such an approach is a ‘no regrets’ strategy….”
“A true ‘no regrets’ approach to climate change is not greater government controls on economic activity, but fewer. Economic growth, market institutions, and technological advance are often the most effective forms of insurance that a civilization can have.”
“Public [socialistic] resources are really private, owned and exploited by a political elite, while private resources are really public, owned and managed by a multitude. Government-owned resources do not ‘belong to all of the people’ and allow ‘self determination;’ they belong to none or a very few.”
A recent communication from Hector Castro Vizcarra, Minister for Energy Affairs of the Embassy of Mexico, affirms that it is business-as-usual regarding the revised NAFTA agreement for the internal workings of Mexico’s policy for oil and gas (see the official summary below).
“Mexico´s inalienable and impresciptible property on hydrocarbons in Mexico´s subsoil” remains resolute. (Nationalized in 1938, Mexico’s oil and gas sector turned 80 this year.) And Mexico can otherwise regulate its oil and gas sector as it sees fit regarding foreign investment.…
Continue Reading“Solar may be the way to go for millions of poor people around the world, at least for starter off-grid energy. I rely on solar power for my nifty water fountain and fun outdoor Christmas tree lights. But I don’t try to power my refrigerator, hot water heater, washing machine, or other household appliances with solar.”
For prosperity and human flourishing, how much energy is enough? American settlers survived and over time prospered burning wood for cooking and heat. Later energy innovations brought higher-density energy from the earth, with coal, oil, and natural gas providing industrial and household heat and electricity.
Across the developing world though, hundreds of millions still burn wood and dung for cooking and heat. Lack of clean energy killed some 124,000 in India in 2015, according to Lancet: Pollution Due To Burning Of Cow Dung & Wood As Fuel Killed 1.24 Lakh People In One Year (IndiaTimes, updated June 4, 2018)
… Continue ReadingIndoor pollution, which is not often seen as potentially harmful, is actually fatal.