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INDEED

By Pete Moore On August 29th, 2019

A timely and urgent reminder, which I recommend –

All of these are achievements solely achievements of capitalism and markets. Only the awesome wealth-generating capacity of capitalism and markets have enabled all of these great things. It’s one thing to work for a cleaner and more fuel efficient future, both of which are assured with capitalism and markets, but quite another to de-industrialise simply to reverse progress. It’s the latter which inspires much of the radical eco-communist movement.

If only they loved the planet as much as they hate capitalism.

9 Responses to “INDEED”

  1. Only the awesome wealth-generating capacity of capitalism and markets have enabled all of these great things. It’s one thing to work for a cleaner and more fuel efficient future, both of which are assured with capitalism and markets

    The ” only ” is not correct.

    Capitalism and markets are the most wonderful things, but it wasn’t capitalism and markets alone that cleaned up the air and waters , etc.

    It was the R word – regulation, from terrific organizations like the EPA in the US that ordered businesses and communities to stop dumping pollution in the rivers, that ordered the electric utilities to put scrubbers on smokestacks, that told the automakers to add catalytic converters on the vehicles that were sold.

    It was cheaper to pollute, and it actually still is in many cases.

    I spoke to a guy years ago who worked at a company that made catalytic converters, which greatly lessen vehicle pollution. These wonderful devices were invented in 1950, but they were expensive and few bought them. When the EPA required them on all new cars, the price per unit went way down and they became affordable, and the air got much cleaner in LA and other cities.

    So yay for markets, but the next time you see a regulator, thank him or her, because they help make capitalism work better for everybody

  2. Yes Phantom. As Dubya famously said, the stone age didn’t end because we ran out of stone. But the fossil fuel shills want to cling on to “god-given” coal and oil and gas forever. Trump wants to de-regulate fracking from having to report its methane emissions, but even the industry is opposed to this, and those commies at the Wall Street Journal seem to agree with the industry:

    “The EPA is proposing to deregulate the oil and gas industry, to no longer require that new natural gas wells, pipelines and storage facilities include technology to detect and limit leaks of methane — a powerful greenhouse gas, with 28 times the heat trapping effect of carbon dioxide. (Methane is the primary component of natural gas. Thanks to fracking, the United States is the global leader of natural gas production.)…

    The proposed rule would undo methane limits finalized by the Obama administration in 2016. Since those leak monitoring rules were imposed, scientists have discovered that the U.S. oil and gas industry is leaking 60 percent more of the dangerous gas than previously understood — enough to “substantially erode the potential climate benefits” from substituting natural gas for coal.

    An analysis by the Wall Street Journal earlier this month found that the leaks create the greenhouse equivalent of 69 million cars — not nice. That figure relied on the EPA’s formulas for measuring methane’s climate impacts. Using metrics favored by the United Nations’s Intergovernmental Panel on Climate Change, the automobile-equivalent rises to 94 million — or nearly a third of the cars now on the road in the United States…

    The EPA’s proposed new rule is far from finalized — it is subject to public comment and will certainly be challenged in court by environmental groups. In an odd twist, even some of the oil and gas majors like Exxon and Shell reportedly oppose the Trump rule, arguing that such deregulation undercuts their branding of natural gas as a cleaner fossil fuel. The administration hopes to finalize the new regulation before the end of Trump’s current term…”

    https://www.rollingstone.com/politics/politics-news/trump-methane-rule-climate-crisis-878427/

  3. but quite another to de-industrialise simply to reverse progress. It’s the latter which inspires much of the radical eco-communist movement.

    Straw-man alert! Wanting to accelerate the change to renewable energy does not equate to going back to the horse and cart. Fossil fuels are massively subsidised all over the world and that needs to end. As a professed disciple of Adam Smith I’m sure you would agree. Those eco-commies at the IMF calculate that the subsidies exceed $5 trillion worldwide:

    “The International Monetary Fund periodically assesses global subsidies for fossil fuels as part of its work on climate, and it found in a recent working paper that the fossil fuel industry got a whopping $5.2 trillion in subsidies in 2017. This amounts to 6.4 percent of the global gross domestic product.”

    https://www.vox.com/2019/5/17/18624740/fossil-fuel-subsidies-climate-imf

  4. drill baby drill

    The top ten oil producing regions in the world 7 of them are state in the US pennsylvania and canada are tied at second in oil production…. and pa’s pipeline isn’t even on line yet….

    Oil is the gift of the gods to lift man to the heavens.

  5. Oil is the gift of the gods to lift man to the heavens.

    LOL

    Except it’s not funny any more. The fossil fuel shills are a serious menace to the climate, and they know it. But they just continue to lie about it, just like the tobacco shills lied about lung cancer for decades and ensured that billions more profits were made at the expense of millions of lives cut short.

    The politicians in the 1970s and 1980s were bought and paid for by the tobacco companies and now they are bought and paid for by the coal and oil and gas companies. That includes 90% of the GOP in Congress and the Senate, even more than the ones on the NRA payroll. No wonder they deny climate change, they have to eat in the style they are accustomed to eat. If Florida is under water in 30 years they won’t be around to pay the political price. This obviously applies to Trump and Mar a Lago but of course the schmuck won’t be around to see it:

    https://www.quora.com/When-will-Mar-a-Lago-be-underwater-as-the-sea-level-rises-due-to-global-warming

  6. There were other presidents that didn’t care much about the environment

    This is a president who is against the environment, and Who is opposed to protecting it in anyway

    His presidential library will be built in the ninth circle of hell, Where his companion for all eternity will be Lucifer

  7. Somebody needs to fire a nuke against this hurricane, asap:

    https://twitter.com/tictoc/status/1167229230402482176?s=20

  8. This is a president who is against the environment, and Who is opposed to protecting it in anyway

    He’s anti-science, never mind anti-environment. He doesn’t just lie about AGW, he has shilled for the anti-vaxers ffs.

    “If there is one thing pro-vaccine campaigners and their opponents probably agree on, it is that Donald Trump has provided a major boost to the anti-vaccine cause. On more than 20 occasions, Mr Trump has tweeted about there being a link between vaccines and autism, something experts at the government’s leading public health institute say is not true. He also repeated the claim during a Republican primary debate, a remark that was immediately dismissed as false by the Autistic Self Advocacy Network.”

    https://www.independent.co.uk/news/world/americas/trump-vaccines-autism-links-anti-vaxxer-us-president-false-vaccine-a8331836.html

  9. Dril here, drill now black gold texas tea…..