Planetary Perspective

My generation was very fortunate to have George Carlin around to keep us laughing and to keep things in perspective. I'm not certain of Carlin's political views, but I know that there were many things that I could agree with and he certainly had a libertarian attitude. Carlin's views on religion are well known and when I was younger his views were a touchstone for mine before the days of the militant atheists.
Mostly he was important because his humour made us look at the world from his perspective.
People underestimate the power of humour and satire and their role in our society. Just look at how Jon Stewart has changed the way both young and old now view the NEWS.
So here, just for fun, is George Carlin's view on the Planet from almost twenty years ago: Warning: Carlin uses several of those seven words that can never be used on television. Enjoy :-)
 

Arizona revives gun debate. by Rod Rojas

The unfortunate, recent shooting in Arizona in which Congresswoman Gabrielle Giffords and 17 others were attacked has revived the debate regarding gun laws, especially because Arizona has relatively lax gun laws.

It is widely speculated on the media that Jared Loughner –the alleged gunman- may have some sort of mental imbalance, so there have been calls for further screening regulation to limit the ability of mental patients to purchase guns. It must be noted that mental illness only rarely translates into criminal violence.

One of the reasons why he is being deemed mentally unstable is because of his anti-government views, and his support for the gold standard. By this definition the entire libertarian community should be moved to a mental institution.

According to Rich Daly of Psychiatric News, the mentally ill only perpetrate between 3 and 5 percent of all gun related violence. It seems that a statistical link with the brand of shoes that the killer used might yield more conclusive results.

Mental health care is no different to any other sort of health care; it affects many people around us. Most of them lead relatively normal lives while coping with their imbalance in the same way that others cope with chronic fatigue or diabetes. Because of the huge stigma attached to mental illness, privacy is vital to the mental patient’s ability to function in society. The publication of mental records through a consolidated database to allow gun dealers to perform background checks would be a huge blow to this overwhelmingly peaceful -and sometimes fragile- segment of our population.

In Congress, Rep. Carolyn McCarthy (D-N.Y.) is already talking about a federal ban on high capacity magazines, like the one allegedly used by Loughner.

Considering the repeated and unmitigated failure of every single prohibitionist policy, why would anyone still advocate banning anything?

Banning a good or service only creates a black market for it. And along with the criminalization comes the violence related to the illegal trafficking. In other words, not only do the goods or services not leave the market, but we create new branches of crime, we incur huge costs in connection to the enforcement of the laws, and we see a rise in the price of the goods and services in question.

Sometimes a ban can even make the good more readily available than if it were legally obtainable. Take the case of illegal drugs for example. It is much easier for a teen to get hold of marijuana than beer.

Illegality also imparts the good or service with a certain appeal. The 1920’s prohibition of alcohol in the USA gave glamour to the underground bars. Likewise today, we see how drug dealing has been idealized in parts of the hip-hop culture.

We should also remember that producing, buying, selling or owning a weapon does not in any way harm anybody. The initiation of violence against others or their property is what needs to be punished, and this can be done with or without guns. Victimless, voluntary exchanges are not crimes.

I suppose Congresswoman McCarthy spends time in Washington DC, where some of the most draconian gun laws have been in effect since 1976. She should be familiar with the high crime rate and with the fact that violent criminals still carry guns in the District of Columbia. Restrictive gun laws disarm law abiding citizens, not criminals.

We may contrast the District of Columbia with Switzerland, which has one of the highest private gun ownership rates in the world, and where gun crime rates are statistically insignificant. That little country has no professional army, so Swiss males between the ages of 18 and 42 are required by law to keep a fully automatic assault rifle at home. While conscription should not be advocated, we should note that the Swiss don’t go around shooting each other, just like we don’t go around stabbing each other to death in spite of the fact that we all have big, sharp, lethal knives in our kitchens.

While we feel for the friends and families of the victims, and bans appear to be the right thing to do, we need to know that they do not produce the desired effects. There was once a world without guns and both cruelty and crime were definitely present.

Do not let politicians capitalize on your emotions. Oppose the passing of legislation that restricts your freedom, endangers your privacy and causes problems while solving none.

Rod Rojas is a holder of the Canadian Securities Course designation and performs as a financial adviser in personal, corporate, and public-policy matters. Read his articles at Mises.org.  Send him mail.

Antimatter from thunderstorms

This is very strange and out-of-this-world discovery! This posting from a NASA website claims that the Fermi Gamma-ray Space Telescope has detected evidence of antimatter particles inside thunderstorms.
The Fermi Telescope was designed to look out into the universe, but was able to detect terrestrial gamma-ray flashes.

BLAME

The recent shooting in Arizona has triggered the predictable blame game played out by the various and sundry media as well as bloggers. It's the guns, Arizona is too lax on guns, thats the cause. Or it's the acrimonious political atmosphere in the US, or its Sarah Palin's unfortunate poster with the sniperscope crosshairs on various congressional districts.
It is virtually impossible to comprehend that a 22-year-old man would pop-off six people in a parking lot as casually as you or I, tossing flat stones into a pond. But thats what happened. He planned it, he did it, and it might have been even worse.
People need reasons, people need to believe there is purpose to the world and the things that happen in it, so those in charge of the media offer up reasons. They march in the experts who have studied these situations (can you believe that!), and each expert gives a plausible cause for the incident because hindsight is 20/20, and it happened so it MUST have had a reason.
Sarah Palin like rifles, long guns with crosshairs, that poster is what I would expect, but it is not her fault.
When is the political atmosphere in America NOT acrimonious? That is not a cause.
Guns, well, thats like blaming the airliners for crashing into the Twin-Towers on 9/11, it's not guns that are at fault. It's the guy, the 22-year-old nut job and there is no reason in the world of sane people to explain it.
I'm already tired of hearing the parade of personalities invoking the deity and trying to give a reason for this story, a purpose for the six lives wasted, the twelve wounded, and for the suffering of the survivors. There is no deity, there is no purpose, and there is no getting over it if you were there.

If you think my commentary is bleak, have a look at this on the same topic.  

Rattling the cage of The Barefoot Bum 2

I was going to call this post Communist Bum, but I suspect the Barefoot Bum would have called that title "egregiously stupid," his favourite phrase when he references me, Libertarians, Randians (Objectivists), and anyone else who disagrees with him in general. I don't like calling anyone a communist (because in the USA that might get you shot), I prefer to use the word statist (but Statist Bum does not demonstrate the same level of contempt that I hold). Oh wait, Mr. Bum doesn't think the term 'statist' is "particularly well-defined." Let me help.
In my usage, statist comes from the word "statism" which means the theory or practice of concentrating economic and political power in the state, usually resulting in a weak position for the individual or community with respect to government. A statist is one who practices statism.  As far as I'm concerned there is very little difference in practice between communists, fascists, NAZI's, socialists (called New Democrats in Canada), Liberals (in Canada), Conservatives (everywhere), Democrats, Republicans, Greens and on and on. They are ALL statists according to that definition and my usage, and they differ only in degree of application. However, there is a very big difference between Libertarians and Conservatives/Republicans. Libertarians want limits on the size and scope of government, Conservatives/Republicans say that they do but in practice it never works out that way. In those so-called right-wing (Conservative/Republican) governments the state always accumulates more power, more control, and more funding at the expense of individuals and communities. That is what has happened in the US and Canada.

Mr. Bum has dissected my previous commentaries line-by-line and he did it again in a recent post after I responded to his initial attack. I don't read Mr. Bum's postings as a rule, it was only by accident that I found his attack on my posting. What I do know is is that Mr. Bum hates Libertarians. Strangely Mr. Bum has something in common with Ayn Rand, my supposed Prophet, she hated Libertarians too. Go figure.

I first read Rand's work as a boy in the late 1960's and early '70's and she obviously had a profound affect on me probably because my thinking at the time was similar to hers. Mr. Bum refers my "dreary Libertarian dogma" blaming Rand.  Of course his communist views are strictly his own, sprung from his fertile brow and certainly not dogmatic. I'm full of dogma and propaganda because I'm libertarian, he is just a communist, no dogma, no propaganda just lots of evidence and skepticism. Right Mr. Bum?

In his most recent dissection of my blog he avoids my comment "I too would be frustrated if my dream-Marxist world had collapsed to the point where just Cuba and North Korea are all that is left of the great revolution of the proletariat. The former communist world has taken on a decidedly capitalistic appearance, though it is still coercive by nature; they have moved closer to us in the West and unfortunately we have moved closer to them in many ways." He avoids it because its true, though he actually posts an apology for Communism before he dissects my blog. Nice touch. In it he says: "I self-identify as a communist. I could just as easily self-identify as a socialist. I chose "communist" for a couple of reasons. Both terms have some unfortunate connotations. Communism, of course, carries the baggage of the errors and excesses of the Soviet Union and China." So, Mr. Bum wants to distance himself from the "unfortunate connotations" of those places where communism began and had its greatest effect on humanity. He also feels free to distance himself from all the advocates of communism (Marx, Lenin, Mao etc.). Damn those unfortunate connotations! I guess he means the millions and millions murdered (possibly 110 million people!) by Stalin and Mao and others. Yes, that is unfortunate. But lets not dwell on reality. Mr. Bum shares with us his ethics: "My fundamental ethical philosophy is gob simple: I want as many people as possible to be as happy as possible, however each person construes "happiness"; I want as few people as possible to suffer as little as possible, however each person construes "suffering". I see the interesting part of politics and economics to be about how to bring about universal happiness. If I thought capitalism were the best way to bring about universal happiness, I would be a capitalist; I do not, therefore I searched for an alternative and settled — at least at present — on communism." Ugh, that sounds like the beauty contest contestant that wants "world peace," he just wants everyone to be happy, and not suffer, and that will happen in his communist lala land, but not like before, that was bad. Mr. Bum goes on to dismiss the communist (and also statist) idea of a planned economy as "unsound" and prefers "the social ownership of capital, the means of production," whatever the hell that means, I have no idea and I'm sure he could not explain it either.


I do agree with one thing that he says: "I consider economics and politics to be fundamentally scientific disciplines; I do not believe they areas merely of competing dogmas."  I agree, economics at least, is a science. Like any science, attempts should made to describe it with theories. Theories are formed by testing hypotheses, when a hypothesis corresponds with reality (i.e. is true) it is accepted. Hypotheses become theories when they describe reality and can be used to make predictions with outcomes that correspond to the real world if they work. If communist theory claims that the means of production should be owned by the proletariat for the good of everyone, fine, show me an example where this has worked or even partially worked now or in the past. Is it in Cuba, North Korea, the former Soviet Union, any of the Eastern Block satellites of the USSR, Red China, is it anywhere, anywhere but in the Communist Manifesto? Every time communism has been attempted anywhere it has led to "errors and excesses" and "unfortunate connotations" as Mr. Bum so blandly puts it. Every time! That is quite a record of rotten success, quite a record of UNhappiness, Mr. Bum!

So lets summarize, communism hasn't worked, doesn't work, and millions and millions have died, but Mr. Bum concludes: "so I'm a communist." Fine, be happy.

However, I'm a libertarian, I support freedom and I do not support coercion, and communism requires coercion and removes freedom, always. My choice of economics is the Austrian School or Theory. What is the Austrian Economics? Just click on that for a lengthy history and explanation. In essence it is a laissez-faire approach to economics. Where it has been tried, it has been wildly successful. Witness the United States, Canada or any country or territory that remotely resembles laissez-faire Austrian Economics. Again it is a matter of degree, but if you check out this interactive map of Economic Freedom and correlate it to the wealth, life expectancy, yes happiness, of individuals in those countries found in this document, then you might agree with me. If you live in Canada or the United States you are still free to choose. You are also free to agree with the Barefoot Bum and the dreck that he spews.      

The needs of the one vs. the needs of the many*

(Yup, I like Star Trek. *The Wrath of Khan was a great movie.)
In Judaism is there is a well known saying supposedly from the Talmud "To save one life is as if you saved the world." It is likely derived from the Talmudic principle that the preservation of human life overrides virtually any other religious consideration. I can't disagree with the principle, except that I would leave out the religious qualifier.
That saying came to mind when I read the story of the superhero vigilante in Lynwood Washington that patrols the night-time streets in costume like the kid in the movie Kick-Ass. I liked Kick-Ass the movie, so I love this story.
Phoenix Jones is his name and he has been doing this for 9 months so far, and as he says: "I symbolize that the average person doesn't have to walk around and see bad things and do nothing."  Jones saves lives and protects property; admirable, but dangerous.
Fortunately Mr. Jones has some military training and a team that assists him. I think this makes the local police look bad, remember in most towns the Police have the monopoly on protection, but they are generally not around to do it. I know, Police aren't omniscient or omnipotent, but I like the idea of competition in the protection racket, so I hope Mr. Jones and his team can turn this into something lucrative. Here is Mr. Jones on YouTube:


The reverse kind of story happened this week, a homeless man in Columbus Ohio with a radio voice was saved by many. Ted Williams who has a checkered past, was taken off the streets of Columbus and given another chance. There are a couple of reasons I think this story is important.
The most obvious reason is that this story shows the power of YouTube and the internet. The internet has become a tool of referendum. The "share-ing," the blogging," the "Like-ing," all of it from YouTube, to Facebook, to Google and beyond, adds up to a new and powerful force that can satisfy the needs of the many and in this case the one.
The Williams story also shows that people like to help people, one-to-one, it's a natural instinct. It does not require the coercive force of government along with the bureaucratic infrastructure that frequently gets in the way of help. Help can be given informally, without strings on a local scale.
Both stories are very local, tiny, but ultimately huge. I hope they end well.  

Bad Science

Finally the full story is out on the fraudulent link between MMR vaccine and autism. It seems to me that the purveyors of this fraud beginning with the original 1998 paper by Andrew Wakefield including celebrities like Jenny McCarthy should be libel for something. That is not likely going to happen, but the good news about this story is that investigative journalism is still alive and effective. Brian Deer of The Sunday Times certainly deserves credit here. The other good news is that science still works. Despite all the chicanery, and all the media attention, politics, bullying, all of it, the truth comes out. Science is still self-correcting, even though it takes 12 years!
The bad news, I suspect that the link between vaccination and autism or anything else will remain in the public psyche, kept alive by charlatans and conspiracy theorists.

While I'm on the topic of bad science, here is a lie that has yet to be squelched: its man-made global-warming. Yes, Earth is warming, and as I've stated previous posts, it has been warming since the most recent ice-age 10 to 12,000 years ago. I'm more convinced than ever though that humans play only a tiny role in that warming.

A recent article in the National Post by Lawrence Solomon points to fudging some of the numbers, maybe not to the degree that Wakefield did in his vaccine scam. Solomon's article, 97% cooked stats talks about the so-called scientific consensus that purports that anthropogenic global warming is settled science. Its that apparent certainty, supported by an unquestioning media, that has led people and governments to act in nothing less than self-destructive ways.
One just needs to spend a few minutes reviewing the electrical generation policy in my home province of Ontario, to realize the harm that bad science can foist on an economy. Lawrence Solomon is also the executive director of Energy Probe and has written often criticizing Ontario's Liberal government.    

Atlas Shrugged Special: John Stossel FBN

This series of YouTube videos is one year old, but like Atlas Shrugged very relevant today. Enjoy.

Is Canada underpopulated?

Neil Reynolds thinks it is, and he may have a point. Neil's column today in the Globe and Mail is titled "Go forth, multiply and fill the provinces." This will make environmental activists pull their hair out. Can you see David Suzuki pulling his hair out?
If you have ever traveled across this vast country as I have, you have to be struck by it's emptiness compared to traveling in Europe for example. We have very few large metropolitan areas outside of Toronto and Montreal (maybe Vancouver), most of the cities are relatively small with big spaces in between. Population density in Canada is around 3.3 people per square kilometre, yet most of it is closer to zero. Our replacement birth rate is well under 2.1, which means we are not going to grow unless we have a huge influx of immigration.
In Brian Lee Crowley's recent book Fearful Symmetry he mentions exactly that idea, and that many entitlement programs cannot be maintained as well as labour shortages looming in Canada's future unless the birth rate changes dramatically.
Of course this is true in much of Europe; Japan's population is already shrinking, and wait until the Chinese figure out that their one-child policy could hurt them. America has one of the highest birth rates in the industrialized world, but it too is below 2.1. This issue will give policy-wonks in the industrialized world grey hair.

Rattling the cage of The Barefoot Bum

Evidently I have rattled someone's cage too many times. "The Barefoot Bum," a fellow blogger, got annoyed with my most recent post of all things, the new years list of political economy cannots. He deconstructed my New Years list in a lengthy rant, and then proceeded to deconstruct my humble reply in another rant.
Mr. Bum and I have one thing in common, that is we are both skeptics of religious and mystical stuff, at least I am. Ergo we both get posted onto Planet Atheism, a collection of free-thinkers and atheists of all political stripes. Mr. Bum's politics is statist, verging on Marxist/communist and of course I'm not.
Months ago, maybe a year ago, Bum asked if I would debate him on the Richard Dawkins forum, a neutral site he said. The topic was to be libertarianism vs. Marxist-socialism or something like that, and I foolishly accepted. Fortunately before the 'debate' the Dawkins site was hacked, closed down and reopened in a new format, no longer was the same kind of open forum available. That was fine with me, I'm more of an empiricist with principles, and debating fundamentals is not really my style. I prefer looking at evidence, which of course is one reason I am an atheist. Even there I have a fairly laissez-faire attitude. Mr. Bum is much more of a rabid atheist than I. Like many bloggers on Planet Atheism, it is just their disbelief defines them.
I am trolling for skeptics on Planet Atheism, hoping that some of that healthy skepticism readers might have may extend into the political sphere, the real world, where it actually makes a difference what you believe.
Of course I do think religious belief is harmful in many ways to the believer and those around, but the libertarian principle of non-aggresion applies. Religious beliefs should not be used to subjugate or coerce others period. The right to live free, without coercion is a fundamental human right. It is not a right given by government or by a deity, or a proclamation by any authority. It is like oxygen, (the right to life) and almost as important. I won't debate that, and everything else that I believe follows from that.
So, if you have read Mr. Bum's rants (or just scanned them), you might surmise Bum is a bully. Of course that makes sense, how else can one believe in communist ideals? The essence of Marxist philosophy is that your life is not your own, you owe a debt to society by virtue of your birth and your upbringing, and in Canada and much of the Western world (including the USA) that is the philosophy that underlies our so-called democracies. Bum is a bully, as much in his politics, as his lack or religious belief.
Why is he so upset with my New Years list? Why now? I've been ranting for two years, why is he so pissed off with me this week?  Maybe he is frustrated with the way things are going. He resorts to name-calling:

"I'm deeply suspicious of the intellectual integrity of anyone who calls him- or herself a Libertarian or who admires in any way the politics of Ayn Rand. I'm convinced beyond a reasonable doubt that Allen Small himself is not an honest seeker after the truth, every bit as dogmatic, tendentious and impervious to reason as any Creationist."

That is a sign of frustration, I am "not an honest seeker after the truth..... dogmatic......impervious to reason," well pardon me for living.  I too would be frustrated if my dream-Marxist world had collapsed to the point where just Cuba and North Korea are all that is left of the great revolution of the proletariat. The former communist world has taken on a decidedly capitalistic appearance, though it is still coercive by nature; they have moved closer to us in the West and unfortunately we have moved closer to them in many ways.
That will be reconciled at some point, and I think it is likely to happen in the West sooner than later. It may already be happening, and Mr. Bum can smell it! So he is angry and frustrated with the media because now there are competitive viewpoints available on radio and television and because there are folks like me that spew libertarian propaganda and dogma across the internet.
I'm sure not much has been solved by this posting, but as an empiricist I will let the evidence speak for itself. Do libertarians have all the answers to all that ails us? I doubt it. What I do know is that if there is a competition of ideas, and people are free to choose what are the best ideas for their own circumstances, that is a dogma and a truth I am willing to defend.      

My New Years List

This past week the media were awash in prognostications for 2011 and 2010 year-in-review lists. I won't be doing that.
Once upon a time when I was young, I lived under the illusion that the media tried to present the news in an unbiased and factual manner. That was not true then, and it's definitely not true now. All news is edited, filtered, and coloured by media employees, and company or government policies; consequently so are the year-end-reviews.
Since I don't pretend to be a member of the media and my bias starts at the top of the page, I don't feel bad about repeating the list below. The list comes from Libertarian Quotes (#895), which itself is a wonderful list of over 1300 quotations that have a libertarian flavour. This site is maintained by the Libertarian Party of Boulder County Colorado.
If you ever feel in need of some inspiration, the collected wisdom of the list on the LPBC site is not only refreshing, but the anonymous quote at the top of their list says it all:
A quotation at the right moment is like bread to the famished. – Anonymous
So here is a list for 2011 and beyond that everyone including our governments should follow.
Have a healthy, prosperous, and peaceful 2011.   


The Ten "Cannots" of Political Economy:
You cannot bring about prosperity by discouraging thrift.
You cannot strengthen the weak by weakening the strong.
You cannot help small men by tearing down big men.
You cannot help the wage earner by tearing down the wage-payer.
You cannot further the brotherhood of mankind by encouraging class hatred.
You cannot help the poor by destroying the rich.
You cannot establish sound security on borrowed money.
You cannot keep out of trouble by spending more than you earn.
You cannot build character and courage by taking away man's initiative.
You cannot help man permanently by doing for them what they could do and should do for themselves.
Source: Libertarian quotes.

Can government monopolies destroy holiday plans?

Last week I mentioned the ridiculous delays at Britain's largest airport hub Heathrow. The amount of snow that fell on Heathrow Airport and surroundings was by Canadian standards tiny given the chaos that resulted. Apparently British transport authorities knew that even a small snowfall (such as this was) would result in massive problems.  Compare that to the half-metre snowfall in the New York Metropolitan area over the last few days, and one can appreciate just how unprepared the Brits were. Though the huge post-Christmas storm (5th worst ever)  on the US Eastern seaboard caused major delays, New York area airports are prepared for just such emergencies, and delays and disruptions were minor compared to the British mess.
So why were the Brits so unprepared? This link has a good explanation of just why government monopolies can ruin your holiday plans.  

Bernanke talks and the cartoon bears translate

Original 60 minutes interview:



Response by Mr. Tugwit's bears:



Part 2:

Capitalist Christmas

Christmas has arrived, and it certainly is more than just a "big celebrity birthday" as Dave Letterman joked in his monologue of Dec. 23, 2010. The CBS censors cut that bit from their Late Show webpage so don't bother checking.
Christmas is ostensibly a religious holiday (but it really is nothing of the kind) and the modern celebrations associated with it, have been criticized for being too commercial, too material and too gleeful, for a religion that worships self-sacrifice and rebirth into the after-life. Since Christianity (and several other religions) have a large antilife component, the celebration of the birth of a saviour deserves a more serious tone according to Christian orthodoxy.
In a wonderful essay, first delivered on a radio show fifteen years ago, Leonard Peikoff explains how the Christmas celebrated today by Canadians and Americans was an invention of post-Civil War America, a creation of "the happiest nation in history."
Dr. Peikoff was born a Canadian (Winnipeg, Manitoba) in 1933, and became heir and executor of the estate of Ayn Rand upon her death. I first read his work in The Objectivist magazine 40 years ago. Today he is a leading advocate of Objectivism and founder of the Ayn Rand Institute. His essay is published annually in Capitalism Magazine and can be viewed here. Enjoy, and Happy Christmas!      

Couldn't close Kyoto at Cancun, warmist push fades

Don't let the picture scare you, a row boat in your garage is not yet a necessity. The ice caps are not melting that fast, not according to this posting, in fact, Arctic ice seems to be increasing. That may just be a short term blip, but in the UK, the Meteorological Office (Met) seems to have blown its own early guess (and I mean guess) as to the severity of this winter.
Around 4 inches of snow (9 cm at Heathrow, 11 cm at Gatwick) has crippled pre-Christmas air travel in the busiest hub on earth and across much of Europe. In Canada or the northern US states that amount of snow would cause a few delays. Maybe the Europeans have taken to heart the warming-alarmist view that winters will just get milder from here on. At the same time, some in Britain think that global warming has stopped.
Peter Foster of the Financial Post discusses the Met's blown prediction and the general issue of AGW in an almost humorous article this week that includes this paragraph:

"No doubt the warmist crowd will be quick to express outrage at this blatant confusion of global climate with local weather, but that won’t wash. The Met makes its short-term forecasts on the basis of the same brand of massive computer power and Rube Goldberg modelling used to project the global climate. The suggestion that forecasting the climate is easier than forecasting the weather comes into the same category as acknowledging that governments couldn’t run a lemonade stand, but then believing that they can “manage” an economy."

The Cancun Climate Conference, which ended a couple of weeks ago, was almost a total disaster for the warmists, but the Mexican government did not want Cancun to be remembered as the end of the struggle. Some last minute back-room arm twisting, and an attitude of agreeing to disagree, ended the conference with an agreement to "kick-the-Kyoto-can-down-the-road" until next year in Durban South Africa. No binding GHG reduction targets were set beyond the already surpassed Kyoto targets for 2012. The Kyoto Protocol is still alive (but zombie-like) until next year. An agreement to set up a $100 billion/year bullshit fund by 2020, with few actual details of how to collect the money was also reached. I have a feeling that economic priorities will neuter that deal and any others.
In Europe and around the world the rules of economics have made the huge government subsidies of the so-called renewables industry unsustainable.
The Spanish have cut support for wind projects by 35% and solar payouts by 45%, and Spain is still on the verge of needing a bailout (from whom?). In France and Germany solar projects have been severely cut back. In Australia, solar-power producers had their payouts cut by 66%. In the UK a backlash against rising power rates has forced cuts to wind projects causing the Danish Vesta company to close five factories in Denmark and Sweden and layoff one-seventh of its global workforce. The green collapse is spreading to the United States and it won't be long before the greenest of all the provinces in Canada, Ontario, follows suit.
In a series of scathing columns, Lawrence Solomon of the Financial Post outlines how Ontario will need to "renege on the egregious green contracts" that were put in place by the irresponsible McGuinty Liberals. Solomon suggests that is the only way for the province to escape bankruptcy in the near future. According to Solomon, the power future for Ontario, for Canada, and the world is still fossil fuel for now.