IPCC scientists say it’s ‘now or never’ to limit warming — but such powers don’t exist?

oldbrew's avatarTallbloke's Talkshop

Summertime [image credit: BBC]
What evidence is there that such powers do exist? An air of unreality is palpable here, with talk of extreme dangers and use of decimal point temperature statements while brushing aside all uncertainties. Endless alarmism creates fatigue, not the fear they crave.
– – –
UN scientists have unveiled a plan that they believe can limit the root causes of dangerous climate change, says BBC News.

A key UN body says in a report that there must be “rapid, deep and immediate” cuts in carbon dioxide (CO2) emissions.

Global emissions of CO2 would need to peak within three years to stave off the worst impacts.

Even then, the world would also need technology to suck CO2 from the skies by mid-century.

View original post 244 more words

The Case Against Price Controls, Part III

Dan Mitchell's avatarInternational Liberty

In Part I of this series, Professor Don Boudreaux explained the folly of price controls, and Professor Antony Davies was featured in Part II.

Now let’s see some commentary from the late, great, Milton Friedman.

As Professor Friedman explained, the economics of price controls are very clear.

When politicians and bureaucrats suppress prices, you get shortages (as all students should learn in their introductory economics classes).

Sometimes that happens with price controls on specific sectors, such as rental housing in poorly governed cities.

Sometimes it happens because of economy-wide price controls, as we saw during Richard Nixon’s disastrous presidency.

In all cases, price controls are imposed by politicians who are stupid or evil. That’s blunt language, but it’s the only explanation.

Sadly, there will never be a shortage of those kinds of politicians, as can be seen from this column in the Wall Street Journal by Andy Kessler.

View original post 580 more words

Image

If skilled labour is being kept out of the workplace for unreasonable reasons then that’s an opportunity for someone else to gain that labour on the cheap. Which is exactly what Dame Steve Shirley did

Biden’s plan to starve America of fossil fuels

Game Over: Vlad Putin’s Ukrainian Invasion Spells The End For ‘Green’ Energy Dream

stopthesethings's avatarSTOP THESE THINGS

All of a sudden, energy security and affordability is the new black. The Russian onslaught in Ukraine has focused thinking on energy supplies, like nothing before.

The West has taken its energy advantages for granted, for far too long. But, the energy pricing and supply calamity that’s followed Vlad’s aggressive bid for territorial expansion, has drawn attention to just how delusional is the claim that we’re well on our way to an all-wind and sun-powered future.

That purported ‘transition’ now looks more like a pre-determined pathway to abject poverty.

Viv Forbes spells it out for the uninitiated, below.

Power not poverty
Spectator Australia
Viv Forbes
16 March 2022

‘The past was green and fuzzy – the future is black and ominous.’ – Richard Sebrof

The green fairy-tale is over.

Even the green cheer squad in the bureaucracy and the media can sense the change. The sudden end was signalled by…

View original post 382 more words

A paper idea in Stigler (1964) on Oligopoly

Vincent Geloso's avatarEconomist Writing Every Day

Next week, I am teaching collusive agreements in my price theory class. I decided to take a different approach to the discussion than the one usually found in textbook. The approach consists in showing how economic thought on a topic has evolved over time. For collusion, I decided to discuss George Stigler’s 1964 article on the theory of oligopoly published in the Journal of Political Economy.

Simply put, Stigler proposes a simple approach for stating how collusive agreements can break apart by asking how much extra sales a firm can obtain by cutting its prices without being detected by other firms. Stigler argued that detection got easier as the number of buyers increased or as concentration increased. He also argued that detection became harder if buyers do not repeat purchases and if there is growth in the market through the addition of new customers as firms are not able to…

View original post 421 more words

Matthew E. Kahn discusses his new book Going Remote

April 3, 1721: Robert Walpole was appointed First Lord of the Treasury and de facto “Prime Minister” of Great Britain. Part I.

liamfoley63's avatarEuropean Royal History

Robert Walpole, 1st Earl of Orford, KG PC (August 26, 1676 – March 18, 1745) was a British statesman and Whig politician who is generally regarded as the de facto first Prime Minister of Great Britain.

Walpole was born in Houghton, Norfolk, in 1676. One of 19 children, he was the third son and fifth child of Robert Walpole, a member of the local gentry and a Whig politician who represented the borough of Castle Rising in the House of Commons, and his wife Mary Walpole, the daughter and heiress of Sir Geoffrey Burwell of Rougham, Suffolk. Horatio Walpole, 1st Baron Walpole was his younger brother.

As a child, Walpole attended a private school at Massingham, Norfolk. Walpole entered Eton College in 1690 where he was a King’s Scholar. He left Eton on April 2, 1696 and matriculated at King’s College, Cambridge on the same day.

Robert Walpole Prime Minister…

View original post 586 more words

Apologise Now: West’s Attempt To Rely On Wind & Solar A Monumental Mistake

stopthesethings's avatarSTOP THESE THINGS

Anyone who still believes in an ‘inevitable’ transition to wind and solar, clearly hasn’t been paying attention.

The same crowd tells us that ‘coal is dead’, ignoring the fact that coal demand continues to rise and the record prices paid for the black stuff is through the roof.

The Russian advance on Ukraine has only added to the demand for coal, along with the demand for oil and gas; nuclear power is back in vogue, too. What Vlad’s attack hasn’t done is, create any additional demand for wind turbines and solar panels.

It seems like only yesterday that Elon Musk was telling us that, by adding a few trillion-terawatt hours’ worth of his lithium-ion batteries, the wind and solar transition was a shoe-in.

Now Musk and his rent-seeking buddies seem to be running a mile from their wilder claims about our wind and solar-powered future.

Paul Murray picks up the…

View original post 999 more words

Just Stop Oil Protestors

New inquiry into how the UK can (?) cut fossil fuels and accelerate net zero transition 

oldbrew's avatarTallbloke's Talkshop

[image credit: latinoamericarenovable.com]
Re-writing the laws of physics is not an option. The only thing accelerating at the moment is the downward spiral into energy poverty for ever larger numbers of the population, in manic pursuit of the mystical ‘net zero’ climate target. Another trip to cloud cuckoo land beckons for these blinkered climate obsessives.
– – –
The Environmental Audit Committee announced the inquiry in response to the rise in fossil fuel prices following Russia’s invasion of Ukraine and continued speculation on what will be included in the government’s Energy Security Strategy, reports Energy Live News.

The Committee believes protecting consumers from high fossil fuel prices and fuel poverty while ensuring security of supply and continued progress towards net zero is critical for any strategy on energy security to be successful.

View original post 100 more words

The Great Green Lie: Wind & Solar Aren’t Saving The Planet, They’re Wrecking It

stopthesethings's avatarSTOP THESE THINGS

The idea that unreliable wind and solar can save the planet is one of the greatest lies, ever told.

In touting their purported environmental credentials, the crony capitalists, rent-seekers and fawning advocates never take into account any of the associated costs.

It’s all sunshine and suitably stiff breezes, as far as the wind and sun cult is concerned.

At the heart of economics is the need to account for all costs and weigh them against any purported benefits.

Then, and only then, can a net benefit of any chosen course of action be determined.

With the unreliables there are the obvious costs: the need for every single MW of wind or solar capacity to be backed up every single minute of the day by a MW of dispatchable power generation capacity (ordinarily coal, gas or nuclear); the need to build capacity and transmission network to bring wind and solar power…

View original post 3,814 more words

Not Green: Eagles Constant Victims of Wind Industry’s Endless Bird Slaughter

stopthesethings's avatarSTOP THESE THINGS

With the world’s wind turbines slicing and dicing thousands of eagles, owls, hawks, and kites every day, wind farms are more slaughterhouses than power generators.

Millions of tonnes of beneficial bugs get splattered annually, along with millions of birds and bats, some of them being among the last of their kind. At the apex of the avian carcass heap are the thousands of eagles, wiped out in the blink of an eye.

Cars, cats and skyscrapers don’t kill Eagles – like the critically endangered Tasmanian wedge-tailed eagle, but 60m wind turbine blades with their tips travelling at 350Kph routinely smash them out of existence. Although, as this story from the Netherlands details, the victims often die a slow and horrible death.

White-tailed eagle, once again tagged in the Netherlands, killed by wind turbine
News Fox-24
Stef van Rijn, Dirk van Straalen and Ralph Buij
4 February 2022

In the early…

View original post 720 more words

March 31, 1492: The Alhambra Decree

liamfoley63's avatarEuropean Royal History

The Alhambra Decree (also known as the Edict of Expulsion) was an edict issued on March 31, 1492, by the joint Catholic Monarchs of Spain (Isabella I of Castile and Fernando II of Aragon) ordering the expulsion of practising Jews from the Crowns of Castile and Aragon and its territories and possessions by July 31, of that year.

King Fernando II of Aragon and Queen Isabella I of Castile.

The primary purpose was to eliminate the influence of practising Jews on Spain’s large formerly-Jewish conversion New Christian population, to ensure the latter and their descendants did not revert to Judaism. Over half of Spain’s Jews had converted as a result of the religious persecution and pogroms which occurred in 1391.

Due to continuing attacks, around 50,000 more had converted by 1415. A further number of those remaining chose to convert to avoid expulsion. As a result of the Alhambra decree…

View original post 142 more words

Has renewable energy reduced our dependence on natural gas?

Previous Older Entries Next Newer Entries

The War on Prices

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

The Bleeding Heart Libertarian

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

More Stories from the Stories I Publish!

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

In My Tribe

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Coordination Problem

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Libertarian Land

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Arin’s Substack

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

David Andolfatto

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Monetary Non-Neutrality

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Reason Magazine

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Coyote Blog

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Thoughts from the North

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Fardels Bear

A History of the Alt-Right

Vincent Geloso

Econ Prof at George Mason University, Economic Historian, Québécois

Bassett, Brash & Hide

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Truth on the Market

Scholarly commentary on law, economics, and more

The Undercover Historian

Beatrice Cherrier's blog

Matua Kahurangi

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Temple of Sociology

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Velvet Glove, Iron Fist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Why Evolution Is True

Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.

NoTricksZone

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Homepaddock

A rural perspective with a blue tint by Ele Ludemann

Kiwiblog

DPF's Kiwiblog - Fomenting Happy Mischief since 2003

The Dangerous Economist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Watts Up With That?

The world's most viewed site on global warming and climate change

The Logical Place

Tim Harding's writings on rationality, informal logic and skepticism

Doc's Books

A window into Doc Freiberger's library

The Risk-Monger

Let's examine hard decisions!

Uneasy Money

Commentary on monetary policy in the spirit of R. G. Hawtrey

Barrie Saunders

Thoughts on public policy and the media

Liberty Scott

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Point of Order

Politics and the economy

James Bowden's Blog

A blog (primarily) on Canadian and Commonwealth political history and institutions

Science Matters

Reading between the lines, and underneath the hype.

Peter Winsley

Economics, and such stuff as dreams are made on

A Venerable Puzzle

"The British constitution has always been puzzling, and always will be." --Queen Elizabeth II

The Antiplanner

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Bet On It

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

History of Sorts

WORLD WAR II, MUSIC, HISTORY, HOLOCAUST

Roger Pielke Jr.

Undisciplined scholar, recovering academic

Offsetting Behaviour

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

JONATHAN TURLEY

Res ipsa loquitur - The thing itself speaks

Conversable Economist

In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”

The Victorian Commons

Researching the House of Commons, 1832-1868

Books & Boots

Reflections on books and art