In October 1993, I published a pamphlet in Studies in Market-Based Energy Policy (#3) with the above title. On its thirtieth anniversary, I excerpt its major parts. So how does it read today–and compare to other writings of its time that were critical of fossil fuels? I report: you decide.
“From today’s [1993] vantage point, the energy-policy lesson has been half-learned. It is widely known that major command-and-control regulations do not work. The lessons of the 1970s energy crises have not been forgotten, and another energy crisis cannot be expected without price and allocations regulations.”
Executive Summary (pp. 1–2)
This primer on energy choices and market decision making has direct implications for energy policy. If voluntary choices in a free-market setting result in efficient outcomes, many current energy policies based on taxation, subsidies, and regulation can be critically questioned.…
“AgForce is aware of excessive noise complaints at both Mt Emerald and Coopers Gap Wind Farm with a court case on noise nuisance still in progress against the Mt Emerald Wind Farm5…. Noise pollution can cause … fatigue, headaches, elevated blood pressure, irritability, digestive disorders and increased susceptibility to cold and other minor infections.”
“AgForce also has concerns about the impact of wind farms on livestock…. The British Horse Society Advisory Statement recommends a setback of at least 4 times the overall height away from the path of horses to minimise safety risk.”
MasterResource has long reported on the health and nuisance problems of industrial wind turbines on residents and wildlife. There is a reason why such turbines are built remotely and need so much transmission, adding more cost to the high costs of dilute, intermittent, uneconomic energy.…
“The doomsters’ favorite subject today is climate change. This has a number of attractions for them. First, the science is extremely obscure so they cannot easily be proved wrong. Second, we all have ideas about the weather: traditionally, the English on first acquaintance talk of little else. Third, since clearly no plan to alter climate could be considered on anything but a global scale, it provides a marvelous excuse for worldwide, supra-national socialism.” – Margaret Thatcher (2002)
Margaret Thatcher changed her mind on climate alarmism–against. Current UK Prime Minister Rishi Sunak, responding to “populist sentiment,” is backtracking on his country’s aggressive climate policies, a long overdue, pragmatic mid-course correction.
One could tie the two events together to explain why public policies making energy more expensive and less reliable are anathema for a country that produces only one percent of global emissions.…