Environment
Debate
This is
what is taking place on The Daily
Politics at this very moment. Although I have strong opinions on the
subject, I have switched it off – it is too depressing. From the way the
leftists (Labour, Lib/Dems and the Greens) talk, we are complete idiots on the
subject – and I fear they may be right. Even the UKIP spokesman paid lip
service to renewables.
What’s
not to love about fracking? It is cheap energy with relatively low carbon emissions.
It provides affordable heating for the old and infirm. By reducing industrial
costs it encourages employment. It reduces our dependence upon nasty and
unstable regimes. Fracking rocks. The bed-wetters (as Monckton calls them)
would have us panic over seismic effects. The ‘tremors’ caused by fracking have
variously been compared to what you would notice if you dropped a bag of sugar,
or if a bus passed your front door. There are scare stories about ‘inflammable’
water. This phenomenon occasionally happens naturally. I have seen it with my
own eyes. If it can be demonstrated that water supplies are contaminated by the
fracturing process, then the perpetrators must be made either to desist or to
pay compensation. We need no new legislation for this to happen.
Credible
stories about deleterious effects on health are very rare. The solution is in
place: stop or pay up.
The
number of people killed in the process is still nil, making fracking far safer
than pretty well any other source of energy.
Wind
farms are staggeringly inefficient – which is why they only ever get
constructed with massive subsidies. Many people find them ugly. Actually I
rather like them (or would if they were not economically absurd). They slice
birds and bats into pieces. For me, this would be a price worth paying, if the
damned things actually produced affordable energy.
Is there
ever a case for subsidising industries? I suppose there might be; but the
presumption should be against it.
Burt
Folsom is very good on the subject: The Myth of the Robber
Barons
We are stupid. The logic (and the history)
of government interference are plain. It is bad news. This whole campaign is
about what the government can and should do about education, health, welfare,
industry and practically everything that affects the individual. The news about
healthcare and education standards is never good. You know me to be a fan of
Tesco. Actually, there aren’t any supermarkets I don’t like. Any which failed
to please me would forfeit my patronage. People don’t complain about
supermarkets. Would that Tesco or Waitrose were in the healthcare and/or
education business.
The most
hateful bleat of all is: People before Profits. This is an incandescently
stupid thought. When is a profit incurred? When people make an exchange. They only ever do when both parties
perceive themselves to be better off. I get my fish fingers, Tesco gets a
pound. What’s not to rejoice about? Tesco (and they have been going through a
rough patch of late) have to stay on their toes to make their profits. When a
supermarket fails, the executives and management have occasion to tremble. When
a school or hospital fails, money is injected. Bureaucrats are routinely
rewarded for failure. Those who squeal about fairness should ponder this dismal
indictment of our system. Many bureaucrats in the NHS are paid huge salaries.
If Mr Leahy gets millions, it is because he is worth it. Tesco shareholders
cheerfully pay his salary. Are taxpayers cheerful about inflated bureaucratic
salaries? Are they fish?
Will the
tide turn? I think it probably will, in a generation or two. But it will take a
revolution in moral and economic thought. The BBC never challenges the
candidates on basic principles: Why do you think that government should have anything to do with energy policy, with
education, with healthcare?