The Economic Cost of Eliminating Fossil Fuels

Image: Creative Commons under Unsplash The debate on how much impact humanity has on climate change continues. As nearly everyone knows by now, there is no observational evidence that humans have a significant impact on climate, so the debate is mostly over which future climate projection is likely. It also isn’t clear that the changes we might […]

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Biden Ethanol Increase Will Worsen Food Costs, Gas Pains

The Biden administration is implementing a temporary ethanol fix in a desperate attempt to reduce political fallout from skyrocketing gas pump prices resulting from its war on fossil fuels which will only add to inflationary food costs. New EPA requirements will now increase the amount of the corn alcohol product that must be blended into

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Bad Ideas Have Bad Consequences

If you haven’t noticed rising prices here in America for the past twelve months, you’re either Rumpelstiltskin or dead. And if you didn’t expect rising prices, either you’ve not been paying attention to American monetary, fiscal, welfare, and pandemic policies or you’ve not understood basic economics. So, May’s year-on-year “inflation” rate was 8.6%, following April’s 8.3%, continuing

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India’s Coal Proliferation Contradicts Global Climate Drama

We have a crisis in India, and it is not with the climate. Power plants for the world’s second-largest consumer of coal are running out of stock, leaving a billion people at the risk of blackouts and forcing industries to close facilities. To resolve the situation, the Indian government has authorized increased importation of thermal coal, removed

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How to Alleviate the Looming Global Hunger Crisis

Guest author Dr. Bjorn Lomborg is president of the Copenhagen Consensus Center, visiting professor at Copenhagen Business School, and a visiting fellow at the Hoover Institution.  A global food crisis is looming, so policymakers everywhere need to think hard about how to make food cheaper and more plentiful. That requires making a commitment to producing

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Rolls-Royce’s SMR Needs 10,000 Times Less Land Than Wind Energy, Proves ‘Iron Law Of Power Density’

Last month, Rolls-Royce said that it expects to receive regulatory approval from the British government by 2024 for its 470-megawatt small modular reactor and that it will begin producing power on Britain’s electric grid by 2029. Will that happen? Time will tell. Many nuclear projects and startups have blown past their projected in-service dates. But Rolls-Royce’s

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