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Relevance | DateTaking the Environmental High Ground on Fossil Fuels
By Alex Epstein -- August 29, 2013 3 Comments“You may know that coal has dramatically improved the economies of India and China by allowing them to build super-productive factories that make their people much more well off financially. But you might not know that their environments have gotten much better as well.”
Yesterday I wrote about why it is so important for the energy industry to take the moral high ground in the debate about fossil fuels, and today I want to connect that to the related issue of taking the environmental high ground.
One of the ways in which environmentalists have been able to gain the moral high ground is by accusing the energy industry of polluting the environment and making life on earth worse. On its face that may seem plausible, but as I wrote Tuesday, if you look at key indicators of human health as they relate to the environment, fossil fuels have actually improved our environment and made us healthier than we’ve ever been at any other time in history.…
Continue ReadingTaking the Moral High Ground on Fossil Fuels
By Alex Epstein -- August 28, 2013 2 Comments“The ideal source of energy is not some ‘sustainable’—i.e., endlessly repeatable—form, but the best, cheapest, ever-improving form human ingenuity can devise. . . . An oil industry is ideal in the same way the iPhone is an ideal for so many. It may not be the best forever, but it is the best for now and we should be grateful to have it.”
Yesterday, I discussed the idea that fossil fuels actually improve the planet for human life. This idea has major implications for how the fossil fuel industry represents itself to the public.
Because of the narrative that fossil fuels harm the planet, the industry has tended to fight for its existence defensively, with the argument that it is a necessary evil, to be tolerated because of the jobs it creates, or because of other economic benefits.…
Continue ReadingFossil Fuels Improve the Planet
By Alex Epstein -- August 27, 2013 No Comments[Editor’s Note: For the next several days, Master Resource will publish a series of posts with excerpts from Alex Epstein’s book, Fossil Fuels Improve the Planet.]
“Humans have the untapped potential to radically improve life on earth by using technology, not to “save” the planet but to improve it for human purposes.”
The basic question underlying our energy policy debates is this: Should we be free to generate more and more energy using fossil fuels? Or should we restrict and progressively outlaw fossil fuels as “dirty energy”?
I believe that if we look at the big picture, the facts are clear. If we want a healthy, livable environment, then we must be free to use fossil fuels. Why? Because for the foreseeable future, fossil fuels provide the key to a great environment: abundant, affordable, reliable energy.…
Continue ReadingFracing, Freedom to Trade, and Global Prosperity (George Mitchell’s Ultimate Contribution)
By Greg Conte -- August 19, 2013 1 CommentThe recent death of George P. Mitchell has revived the discussion of shale gas and brought the extraordinary life of Mitchell into the limelight.
Son of poor Greek immigrants, he embodied the prototypical “rags-to-riches”. His development of hydraulic fracturing (“fracking”) has been his highlighted attribute and brought justified recognition for his contribution to the global energy supply.
When considering the economic benefits that shale gas production through fracking bring about, it is no wonder why Mitchell continues to win awards, such as “Houstonian of the Century,” even posthumously.
The Bigger Picture
What appears to be absent from most of Mitchell’s praise is his growing contribution to strengthening the global position of the United States. The prodigious supply of U.S. natural gas already has weakened energy-dominate regions, which include Russia and OPEC, and has created a greater potential for foreign partnerships.…
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