Matt Ridley: Britain’s Energy Policy Keeps Picking Losers

From The GWPF Matt Ridley, The Times The liberalised energy markets introduced by Nigel Lawson in 1982, embraced by the Blair government and emulated across Europe, delivered both affordability and reliability. But they were abandoned. All three parties share the blame for Britain’s policy fiasco. Shortly before parliament broke up this month, there was a…

OPEC’s Existential Sucker Punch

Date: 30/07/17 Bloomberg You wait decades for an existential crisis, then two come along at once. At least that’s how it must feel for OPEC’s beleaguered ministers. In the short term the market for their oil is being eroded by rising production outside their control. Looking further ahead, oil demand itself is under threat from…

With OPEC Weakening, World Energy Now Pits Russia Versus U.S.

From Forbes Kenneth Rapoza , Contributor I cover business and investing in emerging markets. Opinions expressed by Forbes Contributors are their own. OPEC is no longer in control of oil prices. Russia is. And Russia no longer is the dominant force of natural gas. The United States is. The battle for markets of cleaner and…

Wednesday wit – cartoon by Josh

Josh writes: Last Sunday Christopher Booker wrote a brilliant article “Why are greens so keen to destroy the world’s wildlife?” He says: When Professor David MacKay stepped down as chief scientific adviser to the Department of Energy and Climate Change (Decc) last year, he produced a report comparing the environmental impact of a fracking site to that of…

Conventional Wisdom, Unconventional Oil

Guest Post by Willis Eschenbach There’s a discussion over at Judith Curry’s excellent blog, about peak oil. I find the whole madness surrounding peak oil to be one more example of our human love for warnings of future disaster. Few people want to hear that tomorrow will be OK, that things will work out. Instead,…