In response to growing concerns about climate change and other environmental problems, an entrepreneur, Douglas Eger, has proposed a new kind of corporation, a Natural Asset Company (NAC). Eger is the CEO of the Intrinsic Exchange Group (IEG), an organization that, in partnership with the New York Stock Exchange, “is providing a platform to list […]
Do Natural Asset Companies Pose a Threat? Learn More »
Back in 1954 journalist Darrell Huff published How to Lie with Statistics. The book exposed many different ways in which people use statistics, even true ones, to foist off falsehoods. Today while looking for data on trends in the numbers of operating coal- and natural gas-fired power plants in the United States I came across
Lying with Statistics About American Electric Energy Sources Learn More »
1 Thessalonians 5:21“Prove all things; hold fast that which is good.” Science has an elevated position in Western society. There are those who would try to put Christians down, by saying “You have faith, but I have science”. Science, in the abstract, is therefore assumed to be the ultimate truth, and the universal standard, against
Method In Our Science Learn More »
The federal Bureau of Labor Statistics reported today that year-on-year “inflation” through June was 9.1 percent, meaning the basket of goods constituting the “consumer price index” (CPI) that cost $100 a year ago cost $109.10 last month. That’s bad news, for several reasons. First, of course, it’s bad news because it means life gets tougher
Inflation and “Inflation” Learn More »
Last year the Cornwall Alliance reported on our blog that Sri Lanka was headed for serious trouble. Now, sadly, our prediction is coming true. The Associated Press (AP) calls Sri Lanka “a country hurtling towards bankruptcy, with hardly any money to import gasoline, milk, cooking gas and toilet paper.” In late June its prime minister
Sri Lanka: Canary in the Environmentalist Coal Mine Learn More »
Matthew 14:25 “Now in the fourth watch of the night Jesus went to them, walking on the sea.” Would you like to be able to walk on water the way Jesus did? The closest human beings have come to walking on water is water skiing, which some even do without skis. But they still need
He Literally Walks on Water! Learn More »
“Bacteria species found in glacial ice could pose disease risk as glaciers melt from global warming.” Such was the headline at Phys.org for an article announcing that Chinese researchers obtained snow, ice and cryoconite from several glaciers; attempted to grow the bacteria they scraped up; and sequenced all the DNA they found. The article went
Could Glacier Melt Cause a Pandemic? Learn More »
There are lots of happy reports on the Supreme Court’s ruling throwing out EPA’s so-called Clean Power Plan. Some go so far as to suggest that EPA is barred from regulating power plant CO2 emissions. It is not quite that simple and the result is rather amusing. EPA is still required to regulate CO2 under
EPA Now Stuck Between a Rock and a Hard Place on CO2 Learn More »
This article summarizes the argument of the author’s more technical article, “What’s ‘Controversial’ About ESG? A Theory of Compelled Commercial Speech under the First Amendment.” The SEC is on the cusp of enacting rules to compel companies to disclose “climate risk.” Commentators have critiqued the rules as misguided and beyond the SEC’s statutory authority. But the proposed
The SEC’s Climate-Disclosure Rules Violate the First Amendment Learn More »
June 30th was Thomas Sowell’s 92nd birthday. “Those who are primarily concerned about the well-being of the poor are likely to discover over time that much of the agenda of the Left does not really do much good for the poor, and some of that agenda—environmental extremism, for example—actually makes the poor worse off.”—Thomas Sowell
Environmentalism and the Developing World Learn More »
