Saturday, March 26, 2011

Forget Earth Hour, its Human Achievement Hour! HAH2011

Annoyed with the TV/radio media people encouraging you to sit in a dark room for one hour tonight? I am.
I have twice written about Earth Hour, 2009, 2010. But this year I am encouraged that the green revolution is losing support. I hope people are starting to get it, electricity is not evil, and using it is not evil, and in fact if you live where I live, in the Great White North, it was minus 10 Celsius this morning with a windchill around minus 17C. For those of the US persuasion, that is about 12 degrees F but feeling like zero. Electricity is survival, it's not a luxury, just ask those poor people in quake ravaged northeastern Japan today.
If you want to spend some time celebrating human achievement rather than darkness tonight, fire up your computer and join the party by visiting visit this website at 8:30 pm local time (actually starts at 8pm EST).
If you need some more convincing, then read this eloquent "Dissent" from one of our local economics professors, Ross McKitrick who "likes visiting nature," but doesn't want to live there.  

Friday, March 25, 2011

To American readers, we have a spring election in Canada!

I know most Americans don't pay much attention to their cousins north of the border, but our federal government has just been accused of contempt of parliament (first time ever - and about time too), and it has been defeated on a confidence vote and forced to call an election (probably by May 2). One of the blessings of the Westminster System (Canada) is short election campaigns, or ones that go on forever depending on your point-of-view. We have had a minority government here for years, a bit unstable you might think, but this is Canada after all, land of peace, order and good government (I dispute the last bit), so not unstable at all. In fact markets are calm, not much changes really except that printers will have lots more revenue, as lawn signs sprout like dandelions and propaganda pamphlets flutter in the breeze.
  
As a result, I'll be taking a bit of a break from my usual rants for the next five weeks or so, possibly focussing less on the world and being a little more partisan and inward looking in my posts than I have been. I'm planning to run for parliament in my riding (electoral district) like I did in 2008.
I'll miss the rest of the world. Things are still bad in Japan, Fukushima Number 3 has likely had a core breach, but not-to-worry it won't be worse than Chernobyl, at least according to the pundits and they have been right all along so far ;-).
The Arab Spring has been spreading, now to Syria and Jordan, and who knows where that is going to lead. NATO has taken over in Libya - more Canadian content there.
Tomorrow is earth hour (again), a celebration of darkness and stupidity. But I will be busy, the lights will be on.
I might keep a daily record of my drive to certain defeat during this campaign, I will keep you posted. The bad news is I plan to run in a Provincial(State) election in October. That one is planned, which is a bit strange for Canadian elections because they tend to be spontaneous. I'll be back. 

Wednesday, March 23, 2011

How capitalism will save the world from climate change.

In the picture are watermelons, green on the outside, but red on the inside. That serves as a clumsy metaphor for many environmentalists today: socialists with a superficial cover. If you expected me to blurt out the explanation behind that headline title, alas I'm not that smart, but George Reisman is. So I will yield to his wisdom. The excerpt below is from the conclusion of an article that does supply a brilliant explanation for my headline.
 
"Marxian “scientific socialism” was collectivism in its boisterous, arrogant youth. Environmentalism is collectivism in its demented old age. It will be much easier to overcome than was Marxism. Marxism, however falsely and dishonestly, at least promised major positives: the unlocking of human potential and the achievement of future material prosperity. Environmentalism is reduced to trying to find terrified people with less than the mentality of children, to whom it can offer the prospect of avoiding wind and rain. It is the intellectual death rattle of collectivism. When it has been overcome, a world-embracing capitalist economy will be able to come into existence and be capable in fact of achieving unprecedented economic progress and prosperity across the entire globe."


If you want to read the full explanation, go here, you will not regret that you did.

Tuesday, March 22, 2011

Nuclear Power - Seen and Unseen - Part 2


Smoke rising from Reactor 3 Fukushima

The massive clean-up in North-Eastern Japan is just beginning. It is one thing to have a 9.0 earthquake and tsunami that are both natural and unpredictable events, but that disaster was compounded by a man-made event, that might have been preventable; the nuclear disaster at Fukushima. There is lots of blame to go around, but it is too early to start.

The after quake clean-up is literally happening under a (radioactive) cloud. No one is liable for the natural events, they come with the territory, with Japan, but who is responsible for the nuclear mess? Is it TEPCO, are they responsible? Of course they are. But they already have huge debt, minimal insurance coverage, and they may be responsible for paying off farmers in the area around the plant. They may also default and not meet any of their obligations. Ultimately like in every other country that has nuclear power plants, the government (taxpayers) hold the greatest liability.

Thus it is the nature of nuclear power that makes it very unlikely to exist in totally free markets. Who would insure a nuclear power station? How long would the contract last? What happens to nuclear reactors when their useful lifespan is over, still insured? Who would be liable for the waste generated by the plants, waste products that have half-lives of tens-of-thousands-of-years? These are real problems that would make contracts, voluntary agreements among free-trading individuals and corporations, unrealistic. 
If you think nuclear power is a good idea, safe and economical, then you are deluded. You must believe governments have the right to force people and their children and their children's children and so on, to accept the liability for these things forever, or tens-of-thousands of years, whichever comes first. What choice do those future generations have? None! Don't believe me? If you are Canadian go look at the "Nuclear Liability Act," which limits power plants to $75 million of liability for any one incident (see Section 31 of the Act). Imagine a class-action suit on behalf of 5 million people exposed to radiation, that would bring a whopping $15 each! Who pays for the rest? Taxpayers do. Of course that is the unseen and unseemly part of nuclear power, there were no voluntary agreements entered in to, it is simple coercion. In whose interests has this law been written? Does it protect the rights of Canadians like laws are supposed to?
If you are American, check out the Price-Anderson Act, same idea different country. In fact such laws exist in all countries where nuclear liability is a concern.
Think about this next time you switch on the lights, and realize that there are other options that may not be acceptable by the standards of present day green environmentalists, but the other options are better than freezing in the dark.

Below is a video where Stefan Molyneux brings you True News about nuclear power.