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...]
The Wind and Solar Power Myth has Finally Been Exposed
The following is a guest article by Bryan Leyland.Many governments in the Western world have committed to “net zero” emissions of carbon in the near future. The US and UK both say they will deliver by 2050. It's widely believed that wind and solar power can achieve this. This belief has led the US and British governments, among others, to promote and heavily subsidize wind and solar.These plans have a single, fatal flaw: they are reliant on the pipe dream that there is some affordable … [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...]
Biden Wages Terrifying, Suicidal War on Energy Security
The Biden administration’s new 681-page EPA-proposed regulatory rule limiting greenhouse gas emissions for coal-and gas-fired power plants. This is but the latest attempt to eliminate America’s fossil-fueled energy independence, prosperity, and global security.EPA’s Most Recent Attack on Fossil FuelsAlthough last year the Supreme Court blocked the implementation of the Obama "Clean Power Plan," which would have forced a power shift to renewables from coal, the EPA now wants to include natural … [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...]
Using Science To Further Government Objectives
“Scientists Discover Strong Correlation Between Trusting Government And Eating Paint Chips” read a recent headline in The Babylon Bee. The article went on to report that “trust in government also ranked high among gasoline sniffers, toad lickers, and oven cleaner huffers.”Although the article is ostensibly satirical, trusting government does seem a mite flaky these days, especially when combined with a trust in mainstream media reporting on science in the service of government.Image: Creative … [Read more...]
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