Year: 2008

Following Europe’s Lead on Climate Change

Environmentalists, journalists and politicians say tough climate legislation is a moral imperative. Global warming science is settled, the United States is out of step with other nations, America must follow Europe’s lead to prevent climate chaos. It’s great rhetoric. But which European lead should we follow? And how is it morally responsible to enact climate legislation that kills jobs and punishes families and businesses, to reduce global temperatures by perhaps 0.2 degrees?

Financial Turmoil: Market Failure or Government Failure?

Third, we have learned yet again that government regulation often does more harm than good. As the Wall Street Journal observed, the great irony is that the banks that made some of the worst mortgage investments were the most highly regulated. Bank regulators cannot possibly spot all weaknesses. More emphasis must go on caveat emptor – investors and depositors beware.

Featured News

Why Oil Prices Will Tank

High-flying tech stocks crashed. The roaring housing market crumbled. And oil, rest assured, will follow the same path down. The longer prices stay stratospheric, the worse the eventual crash – simply because the higher the prices and bigger the profit margins, the bigger the incentive to over-produce.

An Arm And A Leg

“The overarching nonsense is the twin claim that the science of climate change is settled, and that it represents the greatest crisis facing the planet. Even more nonsensical is the assertion that economic self-mutilation might be good for us. This could soon deteriorate into all-out trade war, and/or sink beneath the deadweight of bureaucratic edict.”

Jim Crow Energy Policies

Every one would impose massive, punitive, deceptive, regressive taxes on American businesses and families – through carbon offset taxes, cap-and-trade taxes, carbon sequestration mandate taxes, and intrusive bureaucracy taxes. Every one would further hobble civil rights. Not one would make a noticeable dent in global CO2 levels or temperatures.

Water Exports

This backgrounder explores the idea of a water pipeline from the mouth of the Nelson River in Manitoba to the fast growing Southwestern United States.