[In the most recent journal of The Austrian (Vol. 8, No. 5), a publication of the Mises Institute, author Alex Epstein was interviewed about his book: Fossil Future - Why Global Human Flourishing Requires More Oil, Coal, and Natural Gas - Not Less. There were some very interesting quotes in this article and another one in the same journal. Here are just a few. Bern.]
"Since 1980, the percentage of humanity living on less than $2 a day has gone from 42 percent to under 10 percent today. This wondrous development is the result of increasing and expanding productivity, which is driven by the increasing and expanding use of fossil-fueled machine labor and the enormous amount of mental labor it frees up. But there is still far more progress to me had..... Expanding fossil fuel use will enable everyone, especially the world's poorest people, to become more productive and prosperous. AE."
[The World Population Clock is currently reading 7.98 billion people. So, something on the order of 800 million people are living on the purchasing parity equivalent of $2 a day or less. This is an appalling statistic IMO. Bern.]
"By our standards, the world is extremely poor, including energy poor, and one point I make in the book is that there are 6 billion people in the world who by our standards use a totally inadequate amount of energy, less electricity than one of our refrigerators use. We live in a world that is energy deprived, and then you learn that fossil fuels provide 80 percent of that energy and their use is still growing, particularly in parts of the world that care most about low cost reliable energy. It is insane to talk about phasing them out rapidly. AE."
"There are something like 3 billion people on Earth that don't consume energy. Aren't we being neocolonialists in the West if we try to thrust our anti-fossil fuel mentality on them? JD."
[Good points all of them. Reading statements such as these helps me gain some perspective on the current energy situation people face in America and Europe this winter. Bern.]
"William Nordhaus, who won the Nobel Prize for his work on the economics of climate change, is arguable the top economist in this area. His own model shows the 1.5 degree Centigrade cap on global warming would be so economically destructive it would be better if governments did nothing. RM.]
[Hmmm....... Comments anyone? Bern.]
"Since 1980, the percentage of humanity living on less than $2 a day has gone from 42 percent to under 10 percent today. This wondrous development is the result of increasing and expanding productivity, which is driven by the increasing and expanding use of fossil-fueled machine labor and the enormous amount of mental labor it frees up. But there is still far more progress to me had..... Expanding fossil fuel use will enable everyone, especially the world's poorest people, to become more productive and prosperous. AE."
[The World Population Clock is currently reading 7.98 billion people. So, something on the order of 800 million people are living on the purchasing parity equivalent of $2 a day or less. This is an appalling statistic IMO. Bern.]
"By our standards, the world is extremely poor, including energy poor, and one point I make in the book is that there are 6 billion people in the world who by our standards use a totally inadequate amount of energy, less electricity than one of our refrigerators use. We live in a world that is energy deprived, and then you learn that fossil fuels provide 80 percent of that energy and their use is still growing, particularly in parts of the world that care most about low cost reliable energy. It is insane to talk about phasing them out rapidly. AE."
"There are something like 3 billion people on Earth that don't consume energy. Aren't we being neocolonialists in the West if we try to thrust our anti-fossil fuel mentality on them? JD."
[Good points all of them. Reading statements such as these helps me gain some perspective on the current energy situation people face in America and Europe this winter. Bern.]
"William Nordhaus, who won the Nobel Prize for his work on the economics of climate change, is arguable the top economist in this area. His own model shows the 1.5 degree Centigrade cap on global warming would be so economically destructive it would be better if governments did nothing. RM.]
[Hmmm....... Comments anyone? Bern.]