“By definition a free market means open access and competition. Your interpretation of Hayeck [sic] is flawed.” (Robert Borlick, below)
“Rob … I don’t think you have the foggiest idea of how the Austrian school of economics is relevant to electric power systems.” (Robert Borlick, below)
In the ‘never too late’ category, it’s time to introduce insights from the Austrian School of economics to electricity. Here is a running exchange with some power-market experts on my attempt to do just this.
I should emphasize that I am learning from them, as I hope they are learning from me. I have tested their patience with the notion that regulation/planning/renewables has hurt the Texas system–and hurt it enough to have caused the Great Blackout.
I am introducing new ideas to them, which really aren’t so new (see Raymond Niles in 2008 here).…
Continue Reading“Could we be heading into an East-West dichotomy where different directions for the energy sector are pursued, making the East more energy secure and imperiling energy security in the West?”
“China emits more carbon dioxide every 16 days than Australia emits in an entire year. Together, India and China are responsible for 35% of all carbon dioxide emissions globally.”
While leaders in the West are obsessed with a fossil fuelless utopia, the developing economies of the world are going full-throttle with superior mineral enemies.
Could we be heading into an East-West dichotomy where different directions for the energy sector are pursued, making the East more energy secure and imperiling energy security in the West?
It seems the likely case.
Eastern Giants Go Big on Fossils
India and China alone account for nearly 3 billion people and represent the largest fossil fuel consuming block on the planet, with China the undisputed champion.…
Continue Reading” … it is our moral responsibility to play a leading role in the response to the threats posed by climate change. Both inaction and unrealistic proposals are insufficient responses. The United States should prioritize actionable policy solutions … for all Americans impacted by climate change and for the betterment of future generations.”
– American Conservation Coalition
“Beware of the American Conservative Coalition…. Christopher Barnard should engage in open debate to demonstrate why the climate is in crisis and why rationing consumer-chosen energy is a workable policy.” (Bradley, below)
With an endless supply of money, the Progressive Left have been creating nonprofits to fracture and weaken the resistance to climate alarmism and forced energy transformation. Many “conservative” or “Republican” or “bipartisan” front groups are doing the incrementalism that tip-toe on the road to serfdom.…
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