The following is a guest article from Jerry Bowyer.[The article from which this excerpt is taken first appeared in World June 1, 2023.]Yesterday [May 31], ExxonMobil, the world’s largest publicly traded oil company, and fellow giant Chevron had their annual shareholder meetings. As has been the case for decades, the ballots of these companies are littered with resolutions by activists that urge them in various ways to stop being oil companies.It’s almost never packaged as an explicit … [Read more...]
Surging New England Energy Prices: No Surprise
New England home heating and electricity prices are on the rise with no end in sight. Consumers paid record-high energy bills last winter, even though the winter was not unusually cold. Shortages of natural gas and green energy policies will drive New England prices higher and raise the chance of electricity blackouts. Residential energy bills in New England this year were the highest in history. The combination of electricity and natural gas heating bills exceeded $1,000 per month for an … [Read more...]
Is Opposition to Fossil Fuels Pro-Life?
Image: Creative Commons under UnsplashThe Evangelical Environmental Network (EEN) supports a recent proposal by the federal Environmental Protection Agency to stiffen PM2.5 requirements—a regulation that would further impede the use of fossil fuels—claiming: “PM2.5 is a deadly killer responsible for up to 200,000 deaths in the United States every year. Recent medical research links PM2.5 to nine (9) causes of death: cardiovascular disease, cerebrovascular disease, chronic kidney disease, chronic … [Read more...]
A Powerful Defense of Capitalism
When Forbes editor Steve Forbes calls a book “one of the most important … in decades defending capitalism,” it’s time to sit up and take notice. Rainer Zitelmann’s In Defense of Capitalism: Debunking the Myths (USA, Republic Book Publishers, March 2023) fully deserves Forbes’s praise.In 10 relatively short chapters constituting the first half of the book, Zitelmann conclusively debunks ten myths, e.g., that capitalism is responsible for hunger and poverty or for environmental destruction, … [Read more...]
Replacing The Supply Chain In A “Net-Zero” World
Only a handful of individuals have ever seen or touched crude oil, but every one of the 8 billion people on this planet enjoys the products made from the oil derivatives manufactured from that black gold.Chemical products, such as plastics, solvents, medical supplies, and fertilizers, are essential for supporting modern lifestyles.The world is trying to transition away from fossil fuels, but the ruling class is not yet cognizant of the limitations of solar and wind. The elephant in the room that … [Read more...]
Why Can’t Renewables Power Modern Economies? Physics
Image: Creative Commons under UnsplashTo understand why wind and solar power, even with battery backup, will not be sufficient in the near future to supply the electric power needs of any modern industrial economy, much less an economy the size of the United States, one must first understand how the electric power system works.Note: I’m not talking about costs. Although the media regularly reports demonstrably false claims that wind and solar power are cheaper than traditional power sources such … [Read more...]
It Was All Predicted By The Climate Models
An Easy Guide to Rational Energy Policies
There are extensive technical and lengthy discussions and proposed solutions—both pros and cons—about climate change, rising oceans, extreme weather events, the impact of emissions, net-zero, EV mandates, wind and solar mandates, pollution, temperature change, and energy subsidies.The elephant in the room that is seldom discussed is the simple and an easy-to-understand fact of life that the world is facing shortages of the same products and fuels manufactured from crude oil that were the basis … [Read more...]
Nearly a Billion Indians Use Coal to Cope with Heat Waves.
India’s unconstrained use of coal for electricity generation is helping 1.4 billion people adapt to intense heat waves that registered 40 degrees Celsius (104 Fahrenheit) on thermometers. However, I’ve not seen a single story from the mainstream media highlighting why coal is essential to the comfort – and even survival – of people in my country.Instead, reporters bemoan how India’s use of “dirty” coal in the midst of oppressive heat frustrates the country’s “decarbonization.” It cannot be … [Read more...]
The Practical Impossibility of Large-Scale Carbon Capture and Storage
The Environmental Protection Agency is working on a new rule that would set stringent limits on carbon dioxide (CO2) emissions from US power plants. Utilities would be required to retrofit existing plants with carbon capture and storage (CCS) technology or to switch to hydrogen fuel. Others call for the use of CCS to decarbonize heavy industry. But the cost of capture and the amount of CO2 that proponents say needs to be captured crush any ideas about feasibility.Carbon capture and storage is … [Read more...]
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