“Nationalization. Price controls. Shortages. Forced allocation. Currency inflation. More seizure. Punishment. Mass shortages. Hyperinflation…. All to stamp out private property and profit/loss exchange.”
The Progressive intellectual class does not quite know what to think about the carnage in Venezuela. They see the results and speak only of bad government–and even in this case lower oil prices for a government dependent on oil revenue.
The latest example comes from the New York Times (December 18, 2017). Yesterday, the so-called “newspaper of record” published a 12-page Special Report, “As Venezuela Collapses, Children Die of Hunger,” vividly detailing the total chaos and mass misery (outside of the government class) of a country that should be one of the most prosperous in the world.
This article’s pictures of malnutrition and death are followed by three titles:
‘Venezuela has the largest proven oil reserves in the world.…
Continue ReadingThe Alliance for Wise Energy Decisions (AWED) is an informal coalition of individuals and organizations interested in improving national, state, and local energy and environmental policies. Our premise is that technical matters like these should be addressed by using Real Science (please consult WiseEnergy.org for more information).
A key element of AWED’s efforts is public education. Towards that end, every three weeks we put together a newsletter to balance what is found in the mainstream media about energy and the environment. We appreciate MasterResource for their assistance in publishing this information.
This is our final issue for 2017. Thanks for your support and efforts that helped make 2017 a successful year!
Some of the more important articles in this issue are:
Six-Month Investigation: In the Shadow of Wind Projects
Peer-reviewed study: Why Wind Turbine Sounds are Annoying, and Why it Matters
Court Finds Wind Turbine Noise Exposure a ‘Pathway to Disease’
Are Big Wind Firms Actually “Subsidy Miners”?…
Continue Reading“We in the petroleum industry are not dismissing the global climate change issue. But I don’t believe anyone should have the moral authority to deny people the opportunity to improve their way in life by arbitrarily depriving them of the means…. I hope that the governments of this region will work with us to resist policies that could strangle economic growth.”
– Lee Raymond, CEO, ExxonMobil (2010) [1]
Think Progress (the successor to the Joe Romm-founded Climate Progress at the Center for American Progress) published a recent piece by Mark Hand, “Industry Opposition Leads ALEC to Withdraw Anti-Climate Resolution,” subtitled “Right-wing lobbying group fails to pass resolution targeting EPA finding.”
Some excerpts from Hand’s piece follow:
… Continue ReadingA secretive right-wing lobbying group failed to pass a resolution this week that called upon the Environmental Protection Agency (EPA) to withdraw its 2009 finding that greenhouse gases are endangering the planet.