[Editor note: In a sea of political capitalism and rent-seeking by corporations, it is refreshing to see a principled defense of capitalism from the business sector. This piece from the current issue of Discovery, the quarterly publication of Koch Industries, Inc., is reprinted here in honor of today’s important elections.]
On Nov. 2, the United States will hold an important mid-term election.
At stake will be control of the U.S. Congress, 39 state governorships and thousands of other state and local offices.
High unemployment, record deficits, a sluggish economy and a swelling federal government have become flash point issues for millions of concerned Americans of every political persuasion.
For the nearly 50,000 Koch company employees in the United States, this election is an opportunity to help decide the future of economic freedom.…
Continue Reading“If I were a gambler, I would take even money that England will not exist in the year 2000.”
– Paul Ehrlich, quoted in Julian Simon, The Ultimate Resource 2, (Princeton: Princeton University Press, 1996), p. 35.
“As University of California physicist John Holdren has said, it is possible that carbon-dioxide climate-induced famines could kill as many as a billion people before the year 2020.”
– Paul Ehrlich, The Machinery of Nature, Simon & Schuster, New York, 1986, p. 274.
In the name of science, Paul Ehrlich, John Holdren, and James Hansen (et al.) have made doom-and-gloom predictions about business-as-usual in an attempt to shock humanity into immediate legislative action and lifestyle changes.
It did not work. The elapsed predictions have failed to come to pass. Little wonder that new installments of climate alarmism, such as Juliet Eilperin’s “25% of Wild Mammal Species Face Extinction: Global Assessment Paints ‘Bleak Picture,’ Scientists Say, and Figure of Those at Risk Could Be Higher” in the Washington Post (October 7), don’t register with voters.…
Continue Reading[Editor’s note: Parts I-III provided insight into the complexities involved in any analysis of the Danish electricity system, showing (1) how unique the Denmark situation is, (2) that the details of electricity exports and imports must be understood for each of Denmark’s trading partners, (3) the likelihood that most of Denmark’s wind production is exported, and (4) an indication that the upper limit for manageable wind penetration is in the mid-single digits as a percent of domestic demand. Part IV now looks at the impact on CO2 emissions.]
Figure 1 is a simple look at CO2 emissions and wind electricity production, which explains the claims made by wind proponents based on a superficial examination of the information. Figure 1 shows what the Danish Energy Agency (DEA) reports based on an “adjustment” of actual CO2 emissions.…
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