Open international borders create mutually beneficial trading relationships that promote peace and prosperity. Tariffs, quotas, and other forms of protectionism and nationalism create conflict and lower living standards for all.

In our imperfect world of state-owned energy companies, some being U.S. foes, the imperative is policy reform toward private property rights, market exchange, and the rule of law. This is the real sustainability issue, not the exaggerated issue of anthropogenic climate change from carbon-based energy usage.

Private ownership of the subsoil, and privately owned energy infrastructure otherwise, would create wealth compared to the current system of political elitism. Private, dispersed wealth, such as initially assigning mineral rights to surface owners, such as proposed by Guillermo Yeatts, whose views are summarized in my post, “‘Theft of the Subsoil’: Guillermo Yeatts on Latin/South America mineral-rights reform,” would increase personal power and civil society, while reducing state power.…

“The degree of trade integration between America and Europe is already fairly advanced…. In particular, the average level of tariffs is relatively low (around 3%). Therefore, unlike most previous and current discussions on trade treaties, the Trans-Atlantic Trade and Investment Partnership will focus much more on non-tariff barriers where a protectionist rationale advances an environmentalist or health regulatory agenda.”

“Free trade can be good for the economy, and for the environment too.”

The United States and the European Union are in the process of negotiating a new free trade agreement, the so-called Trans-Atlantic Trade and Investment Partnership (TTIP). The treaty has the potential of delivering significant benefits to both parties, because of increased trade, lower barriers, and better labor specialization.

Energy may be a significant part of the deal: according to a leaked “non paper”, trade in energy commodities and technologies between the EU and the US would be freed from most of the burdensome red tape that, until now, has significantly hampered the possibility of achieving a greater integration among the two world’s largest economies.…

The September 24, 2014 New York Times (NYT) had an article by reporter Gail Collins, “Florida Goes Down the Drain—The Politics of Climate Change.” A more inflammatory title for the same article appeared in the The Atlanta Journal-Constitution three days later, “Florida soggier as GOP ignores climate change.”

Reading the articles shows the obvious intent to inject climate change into the November Florida elections—in particular the Governor’s race between incumbent Republican Governor Rick Scott and Democrat candidate Charles Crist. Ms. Collins portrays Governor Scott as uninformed about climate change issues with regard to sea level rise. He is not.

This article’s patent exaggerations should be of concern to all rational citizens, not only voters. Sound science versus Malthusian alarmism is an issue not only for the 2014 elections but also for 2016 and beyond.…

“Economists may not know much. But we know one thing very well: how to produce surpluses and shortages. Do you want a surplus? Have the government legislate a minimum price that is above the price that would otherwise prevail…. Do you want a shortage? Have the government legislate a maximum price that is below the price that would otherwise prevail.”