[Ed. Note: Part I yesterday examined quotations on the primacy of energy for human betterment from friends of conventional energy. Today’s post adds respect from foes of oil, gas, and coal.
Free-market energy proponents gain the high ground when they stress the utilitarian nature of affordable, plentiful, reliable energy. Energy statists must play defense when their opponents stress the need to keep energy affordable for the less financially able and those billion-plus world citizens who do not have access to modern forms of energy.
… Continue ReadingIncreased energy affordability is not bad but good. Yet cheap energy is the enemy to the other side (although the Obama greens will not publicly admit it). Julian Simon noticed as much when he wrote The Cheaper the Energy the Better during the BTU tax debate in 1993:
Some people simply believe that it is ipso facto a good thing to use less energy and have less economic growth.
“Since 1970, implementation of the Clean Air Act and technological advances from American innovators have dramatically improved air quality in the U.S. Since that time, the combined emissions of criteria and precursor pollutants have dropped by 78%. Cleaner air provides important public health benefits, and we commend our state, local, community and industry partners for helping further long-term improvement in our air quality.” (- U.S. EPA, Our Nation’s Air: Trends through 2023)
Carbon dioxide (CO2) emissions have never been considered a pollutant at ambient levels as have the criteria pollutants: Carbon Monoxide (CO); Lead (Pb); Nitrogen Dioxide (NO2); Particulate Matter (PM); and Sulfur Dioxide (SO2). With these real pollutants, the good continues to be good with more fossil fuel usage, less emissions. This is part of the increasing sustainability of fossil fuels, a multi-decade phenomenon with no end in sight.…
Continue ReadingEnergy is ubiquitous to modern industrial life. It is the fourth factor of production in addition to the textbook triad of land, labor, and capital. Julian Simon coined the term master resource to describe the resource of resources, energy.
Energy as been recognized as a unique driver of economic activity and human betterment for almost two centuries–about as long as carbon-based energies came to be recognized as a sea change from the inherently dilute, unreliable renewable energies of before. The Industrial Revolution was enabled by coal, the energy required by the new machinery, as W. S. Jevons so brilliantly saw in his day.
The quotations below, some classic, resonate as well or better today than ever before. They are as ‘right” as the peak-oil quotations (compiled here and here) have been wrong.…
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