Climate Groupthink: Understanding Intellectual Error

By Christopher Booker -- February 22, 2018 6 Comments

[Editor note: A new paper by Christopher Booker, GLOBAL WARMING: A Case Study of Groupthink (subtitled How science can shed new light on the most important ‘non-debate’ of our time) was released yesterday by the Global Warming Policy Foundation. The full paper is highly recommended, but a useful summary of major climate-debate events is provided below in Mr. Booker’s Introduction.]

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“… the rest of the world had no intention of going along with the declared aim of Paris, to agree on the wholesale ‘decarbonisation’ of the world’s economy. Yet astonishingly, so lost were developed countries in the groupthink that the Western media failed to recognize what was happening. One person who did was President Trump who, to the fury of all those still blinded by the groupthink, gave the refusal of the rest of the world to reduce its carbon dioxide emissions as his reason for pulling the US out of the Paris Accord (although even now this was not picked up by those reporting on his decision in the West).”

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Mexico’s Energy Reform: Don’t Backslide (a la Venezuela)

By Richard Sigman -- February 9, 2018 1 Comment

“If he is elected president, Andrés Manuel López Obrador should not just tolerate but champion Mexico’s energy reforms. Confidence will lead to greater foreign investment into oil, increasing the capital stock of the host country to result in higher oil production.”

The front-runner for the Mexican 2018 election (scheduled for July 1) is Andrés Manuel López Obrador (AMLO for short). The former mayor of Mexico City has been runner-up in the past two presidential elections.

Due to his leftist and populist leanings, AMLO’s political opponents have claimed he will be the Mexican Hugo Chavez. Although he claimed in 2016 that he would seek to cancel contracts signed under the Mexican energy reform of 2013–2014, his position now seems to have calmed to where an authoritarian cancellation is very unlikely.

Background

The Mexican energy reforms of 2013-14, associated with the current president’s “Pact for Mexico,” allows foreign companies greater participation in Mexican oilfields.…

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Malthusianism circa 1948 (running out of oil, etc.)

By Robert Bradley Jr. -- January 24, 2018 1 Comment

“We build into our automobiles more power and greater gas consumption than we need. We use the press and radio to push the sales of more cars. We drive them hundreds of millions of miles a year in pursuit of futility.”

“With the exhaustion of our own oil wells in sight … much of our resource capital has been used up, but we still have our yacht, our stable of horses….”

– William Vogt. Road to Survival (New York: William Sloane, 1948), p. 68.

MasterResource documents the historical record behind the grand energy debate from the vantage points of business, economics, political economy, and history. What was said? When? Why? And to what effect?

One aspect of the debate has been the difference between natural market efficiency/conservation versus its political offshoot,  conservationism, defined as the belief that less usage is per se a moral good or economic necessity.…

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More Tributes in the Energy and Climate Debate (Part II)

By Robert Bradley Jr. -- January 11, 2018 2 Comments

Last week, I recognized twelve individuals associated with free-market, classical-liberal energy analysis and advocacy. Here is a second “tribute” to those who have labored against the mainstream of Malthusianism and energy statism–and now find themselves with new opportunities to formulate, summarize, and promote pro-consumer, taxpayer-neutral energy policy.

This list is in alphabetical order. It is subjective and hardly exhaustive. Other candidates (such as the present writer) could also be included–and could be in a future iteration.

ROBERT BRYCE is a force for energy realism. His highly readable, well researched books (three on energy, two on energy-related cronyism) are joined by highly effective opinion-page editorials in leading publications, such as the Wall Street Journal. A convert to the free-market beginning with his third book (from a politically correct all-of-the-above energy view), Bryce has  reached progressive audiences with a message that renewable energies are quite imperfect substitutes for dense mineral energies.…

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ExxonMobil at ALEC: Bring Back Lee Raymond!

By Robert Bradley Jr. -- December 14, 2017 2 Comments Continue Reading

‘The Growing Abundance of Fossil Fuels’ (1999 essay for today)

By Robert Bradley Jr. -- December 6, 2017 No Comments Continue Reading

Are US Vehicle-Mileage Standards Obsolete?

By Steve Goreham -- November 8, 2017 3 Comments Continue Reading

Halloween Thoughts from a Harvard Man (Holdren can play himself tonight)

By Robert Bradley Jr. -- October 31, 2017 1 Comment Continue Reading

RFF’s ‘E3 Carbon Tax Calculator’: How About Energy Prices, Climate Effects?

By Robert Bradley Jr. -- October 18, 2017 4 Comments Continue Reading

Cabotage Cronyism: Some History of the Jones Act

By Robert Bradley Jr. -- October 2, 2017 No Comments Continue Reading