Julian Simon Remembered (would have been 86 today)

By Robert Bradley Jr. -- February 12, 2018 8 Comments

““If environmental alarmists ever wonder why more people haven’t come around to their way of thinking, it isn’t because people like me occasionally voice doubts in newspaper op-eds. It’s because too many past predictions of imminent disaster didn’t come to pass. That isn’t because every alarm is false — many are all too real — but because our Promethean species has shown the will and the wizardry to master the challenge, at least when it’s been given the means to do so.”

– Bret Stephens, “Apocalpyse Not.” New York Times, February 8, 2018.

“[Julian] Simon found that humanity progressed not only by solving immediate problems within the existing institutional framework but also by creatively improving the framework over time. . . . In the short run, members of society adopt localized technical and contractual fixes.

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.…

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

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

“Today’s reserve and resource estimates should be considered a minimum, not a maximum. By the end of the forecast period, reserves could be the same or higher depending on technological developments, capital availability, public policies, and commodity price levels.”

“The implication for business decision-making and public-policy analysis is that ‘depletable’ is not an operative concept for the world oil market, as it might be for an individual well, field, or geographical section…. [T]he concept of a nonrenewable resource is a heuristic, pedagogical device—an ideal type—not a principle that entrepreneurs can turn into profits and government officials can parlay into enlightened intervention.”

This essay, published by the Foundation for Economic Education (FEE) in the November 1999 issue of The Freeman, was subtitled, “Today’s Reserve and Resource Estimates Should Be Considered a Minimum.”…

Where Good Is Bad: ‘The Energy of Slaves’ (Oil as ‘servitude’?)

By Robert Bradley Jr. -- November 16, 2017 8 Comments

“To many of us, our current spending of fossil fuels appears as morally correct as did human slavery to the Romans or the Atlantic slave trade to seventeenth-century British businessmen.”

– Andrew Nikiforuk, The Energy of Slaves: Oil and the New Servitude (Vancouver: Greystone Books, 2012), p. xi.

A ran across a 2012 book by Andrew Nikiforuk, The Energy of Slaves: Oil and the New Servitude, sponsored by the David Suzuki Foundation and published by Greystone Books.

In it, I encountered a unique (okay, strange) application of Malthusianism to energy. And I found the author taking the present author head on. I like that, good or bad.

The thesis of Nikiforuk’s book is that yes, fossil fuels (and oil in particular) has greatly enabled mankind in a multitude of tasks.…