Ed. Note: The subtle, insightful concept of resourceship is back in the news given ExxonMobil’s new-generation hydraulic fractionation technology, discussed tomorrow. The expanding hydrocarbon age, still young, is overwhelming political attempts to disrupt it at the expense of consumers, taxpayers, and liberty.
… Continue Reading“If resources are not fixed but created, then the nature of the scarcity problem changes dramatically. For the technological means involved in the use of resources determines their creation and therefore the extent of their scarcity. The nature of the scarcity is not outside the process (that is natural), but a condition of it.”
– Tom DeGregori (1987). “Resources Are Not; They Become: An Institutional Theory.” Journal of Economic Issues, p. 1258.
“Those in the mineral-resource world think in terms of proved, probable, and speculative quantities. Should another category be added–resourceship–that would make such supply open-ended?
“Oil industry lobbyists are not worthwhile humans. It’s not a real job, it is corruption and beneath contempt. Taking bribe money to spread propaganda that results in genocide is sub human.” Tom Trounce (below)
I recently had an ‘interesting’ discussion on social media with a strong advocate for (dilute, intermittent) ‘renewable’ energies. My critic, an angry foe of fossil fuels, didn’t present solid arguments but only ad hominems, followed by trash talk. Such is the unfortunate part of debating climate/energy issues on LinkedIn, where certain (brainwashed?) alarmists work to discredit and marginalize their opponents.
Tom Trounce was the bad guy. His profile at LinkedIn advertises:
What? Improving lives, compassion, integrity.…
Continue Reading“Our mission is to mobilise boards around the world to accelerate the net zero transition, guided by the World Economic Forum’s Principles for Effective Climate Governance.”
Politicized ESG alert for corporations. The Climate Governance Initiative (CGI), housed at the University of Cambridge (UK), wants to hose you down in the name of “saving the Planet.” Rather than debate climate alarm and forced energy transformation, CGI wants to assume it and race down Hayek’s Road to Serfdom, the Utopia being Climate Stability (or some such thing).
The UK Climate Governance Initiative is based on the following premise:
Climate change is a global emergency. Business has a crucial role to play in the necessary transition. Boards must take the lead on this.
… Continue ReadingOur mission is to mobilise boards around the world to accelerate the net zero transition, guided by the World Economic Forum’s Principles for Effective Climate Governance.