Recently fifty Indiana economists issued a public letter to their state’s legislature endorsing a “carbon tax” as an economically wise way to curb global warming by reducing carbon dioxide emissions. The fundamental premise of taxing CO2 emissions is that they cause more harm than good (and thus are what economists call a “negative externality”—a cost […]
Indiana Economists Endorse “Carbon Tax”—But Should They? Learn More »
This month, the Indian government announced its annual budget, an event that interests 1.3 billion people. The budget once again makes it clear that the government is pro-fossil fuels. India will continue making historic investments in the natural gas sector and prioritizing key measures to strengthen domestic gas supply for households. What many in the
Fossil fuels help India overcome air pollution illnesses, deaths Learn More »
Net Zero, Climate Action, Build Back Better, and the Great Reset are some of the names for policies aimed at expediting the transition of the global energy sector from fossil fuel to renewable technology. The goal? Saving the planet from climate apocalypse. But there is a huge hurdle to make this transition a reality. Most
Toward a Renewable Chaos: Carbon Imperialism and Disadvantaged Smaller Nations Learn More »
Mainstream media tell us climate change has increased droughts and extreme heat events. (It hasn’t.) These, they say, reduce crop yields. For Christians concerned about poverty and hunger, this is an important issue. What does hard data say? Farmers are breaking all-time records for productivity. India for example, has produced record food crop output for three
Does Climate Change Threaten the Global Food Supply? Learn More »
Economic, environmental and practical reasons make nuclear power Africa’s best option Article also by Knox Msebenzi. Centuries ago European countries were scrambling to take control of large pieces of Africa, to increase their wealth and colonial prestige. They brought their sophisticated, advanced ideas and methods to Africa. This changed the developmental direction of African countries,
Sensible, sustainable nuclear power for Africa Learn More »
The introduction of the European Union’s Carbon Border Taxes and Joe Biden’s announcement of Clean Energy plans has raised double alarm in developing countries. The new European Carbon Border Adjustment Mechanism (CBAM) law will impact all countries exporting to EU, especially those countries without carbon pricing mechanisms. Countries like India, China, Indonesia, Philippines, and even developed ones
Guest column by Dierdre N. McCloskey [Editor’s note: Dierdre McCloskey is one of the world’s foremost economic historians, whose many books have provided extraordinary insights into how societies rise from poverty to prosperity and remain prosperous. We are grateful for Dr. McCloskey’s permission to reprint this article, which first appeared in the New York Times
The Formula for a Richer World? Equality, Liberty, Justice Learn More »
The economic situation in Africa has improved a lot since the 1990s. Yet, rampant poverty and food insecurity still impact millions of lives there. Currently, there is a huge demand/supply gap in the agricultural sector. At least three hundred million are malnourished. The United Nations Food and Agricultural Organization defines food security as “a situation
GM Crops: More Important to Africa’s Food Security Than Ever Learn More »
Contrary to the perception of the mainstream media, China and India are increasing their coal capacity, and not moving away from it. On multiple occasions in 2020, soldiers from China and India engaged in border skirmishes resulting in casualties on both sides and months of trade uncertainty. The Indo-China border tension appears to have eased
China and India are growing their coal ambitions Learn More »
Africa has been recording fast economic growth in the last two decades, with an average annual GDP growth of 4.6% (2000-2016). However, that has not been sufficient to meet the developmental goals and poverty is again on the rise. In recent years, poverty rose slightly in Africa for the first time in more than a decade, especially in
Africa’s priority: Unrestricted energy development Learn More »
