AUSTRIAN ECONOMICS ADDICT

Government politicians and bureaucrats have been pushing Green Energy for years. The reason these central planners are pushing this is because as Robert Bradley Jr. has stated, “When Government tries to pick winners and losers, it typically picks losers. Why? Because the free market consumers pick winners to leave the losers for Government.”

Even with all the Government regulations on the fossil fuel industry, and with all the subsidies and breaks the green energy sector has received, what’s left of the free market has chosen fossil fuels. Fossil fuels produce the most efficient energy at the lowest cost, which is why the market has chosen them to power our world. At some point in the future there may be a more efficient and lower cost source of energy, but not even Government power can bring this into the future before it’s time. When Government tries to bring the future into the present, which is also what they try to do when they electronically print counterfeit money, they create a misallocation of resources. In other words, they waste scarce resources because economic reality trumps the utopian vision of the world they are trying to impose on us.

No central planner or board of central planners, can produce a better order than the spontaneous order produced by millions of people cooperating and competing in the free market.

Here are some articles that explain why fossil fuels are better than green energy, and will be for the forseeable future.

150 Years Ago, Scholars Knew The Need Of Dense, Not Intermittent Energy, by Robert Bradley Jr. at instituteforenergyresearch.org.

Making The World A Better Place – By Using More Fossil Fuels, by Alex Epstein, at news.nationalpost.com.

Climate Alarmist Turn Back The Clock, by Viv Forbes, at masterresource.org.

Government Mandates Keep Electric Auto Manufacturers In Business, at instituteforenergyresearch.org.

Power Plant Closures, at instituteforenergyresearch.org.

THE STORY OF ELECTRICITY

This entry was posted on January 27, 2015 at 12:36 am and is filed under Econ. 101, Government and Politics. You can subscribe via RSS 2.0 feed to this post's comments.

Tags: Alex Epstein, Density, Fossil Fuels, Government Mandates, Green Energy, Intermittent Energy, Robert Bradley Jr., The Story Of Electricity