Energy
How global warming saves more people than it dooms
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From Energy Talking Points by Alex Epstein
This is Part 3 of a 4 part feature where I cover 4 of the top energy issues that will be discussed this summer, especially as politicians return home for August Recess.
Warmer temperatures are less of a threat than cold ones, and fossil fuels make us safer from both.
- Anti-fossil fuel politicians love summer because hot temperatures give them the opportunity to portray the world as “on fire”—and offering anti-fossil-fuel policies as a solution.In reality, cold is a bigger problem than heat—and anti-fossil-fuel policies make both worse.¹
- Anyone commentating responsibly on summer temperatures must acknowledge 3 facts:1. Heat-related deaths are far less prevalent than cold-related deaths
2. Earth is warming slowly—especially in warm places
3. Fossil fuels make us safer from both cold and heat
- 1. Heat-related deaths < cold-related deaths
When our leaders discuss the warming of the planet, they treat warming as obviously bad. But while they portray the planet as already “too hot,” the fact is that far more human beings die of cold than of heat.²
- Study after study has found that deaths from cold outnumber deaths from heat by 5-15 times. On every continent cold is more dangerous than heat. Even in many countries we think of as especially hot, such as India, cold-related deaths significantly exceed heat-related deaths.³
- 2. Earth is warming slowly—especially in warm places
So far we’ve had ~1°C of warming from a cold starting point in Earth’s history 150 years ago. Future warming will be limited by the diminishing nature of “the greenhouse effect”—as well as being concentrated in colder places.⁴
- Warming so far has been slow and benign. But will future warming make the world unlivably hot? No, given 2 facts almost universally acknowledged by climate scientists: 1) the diminishing warming impact of CO2 and 2) the concentration of warming in colder places.
- The warming impact of CO2 diminishes (“logarithmically”) as it increases in concentration.Every new molecule of CO2 we add to the atmosphere has less of a warming effect than the previous one. Warming will diminish as emissions increase—the only question is at what rate.⁵
- Climate warming is concentrated in colder areas of the world (such as the Arctic), during colder times of day, and during colder seasons.This means that future warming will occur more in cold situations where it saves lives than in hot situations where it causes problems.⁶
- All reporting on the warming of the Earth should specify not only that humans are far more endangered by cold than by heat, but also that Earth is warming slowly—and less in warm places. That virtually no reporting acknowledges this shows that much “reporting” is propaganda.
- 3. Fossil fuels make us safer from dangerous temperatures
Not only is the warming from fossil fuels’ CO2 emissions slow and in many ways beneficial, the uniquely cost-effective energy we get from fossil fuels makes us both safer from cold and heat.
- The key to being protected from dangerous temperatures is to master them by producing different forms of temperature protection, such as: insulated buildings, heating, and air-conditioning. All of these things require energy—which means for most people they require fossil fuels.
- Fossil fuels are the only source of low-cost, reliable energy that for the foreseeable future can provide energy to billions—in a world where 3 billion people still use less electricity than a typical American refrigerator.⁷
- On a planet where people die much more from cold than from heat, but both are major threats, the key to safety is to have energy be as affordable and plentiful as possible so as many as possible can afford heating and air conditioning. For now this means more fossil fuels.
- People who blaming pro-fossil-fuel politicians for hot temperatures evade that:1. Cold is more dangerous than heat
2. Warming is slow, especially in warm places
3. We need fossil fuels to protect us from cold and heat
- Reducing CO2 emissions in a humane and practical way means focusing on liberating alternatives—especially the most potent, nuclear—to try to truly outcompete fossil fuels in the future. Depriving us off fossil fuels now and pretending China will follow is immoral and impractical.
Popular links
- EnergyTalkingPoints.com: Hundreds of concise, powerful, well-referenced talking points on energy, environmental, and climate issues.
- My new book Fossil Future: Why Global Human Flourishing Requires More Oil, Coal, and Natural Gas—Not Less.
- Speaking and media inquiries
“Energy Talking Points by Alex Epstein” is my free Substack newsletter designed to give as many people as possible access to concise, powerful, well-referenced talking points on the latest energy, environmental, and climate issues from a pro-human, pro-energy perspective.
Alberta
Open letter to Ottawa from Alberta strongly urging National Economic Corridor
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Canada’s wealth is based on its success as a trading nation. Canada is blessed with immense resources spread across a vast country. It has succeeded as a small, open economy with an enviable standard of living that has been able to provide what the world needs.
Canada has been stuck in a situation where it cannot complete nation‑building projects like the Canadian Pacific Railway that was completed in 1885, or the Trans Canada Highway that was completed in the 1960s. With the uncertainty of U.S. tariffs looming over our country and province, Canada needs to take bold action to revitalize the productivity and competitiveness of its economy – going east to west and not always relying on north-south trade. There’s no better time than right now to politically de-risk these projects.
A lack of leadership from the federal government has led to the following:
- Inadequate federal funding for trade infrastructure.
- A lack of investment is stifling the infrastructure capacity we need to diversify our exports. This is despite federally commissioned reports like the 2022 report by the National Supply Chain Task Force indicating the investment need will be trillions over the next 50 years.
- Federal red tape, like the Impact Assessment Act.
- Burdensome regulation has added major costs and significant delays to projects, like the Roberts Bank Terminal 2 project, a proposed container facility at Vancouver, which spent more than a decade under federal review.
- Opaque funding programs, like the National Trade Corridors Fund (NTCF).
- Which offers a pattern of unclear criteria for decisions and lack of response. This program has not funded any provincial highway projects in Alberta, despite the many applications put forward by the Government of Alberta. In fact, we’ve gone nearly 3 years without decisions on some project applications.
- Ineffective policies that limit economic activity.
- Measures that pit environmental and economic objectives in stark opposition to one another instead of seeking innovative win-win solutions hinder Canada’s overall productivity and investment climate. One example is the moratorium on shipping crude through northern B.C. waters, which effectively ended Enbridge’s Northern Gateway proposal and has limited Alberta’s ability to ship its oil to Asian markets.
In a federal leadership vacuum, Alberta has worked to advance economic corridors across Canada. In April 2023, Alberta, Saskatchewan and Manitoba signed an agreement to collaborate on joint infrastructure networks meant to boost trade and economic growth across the Prairies. Alberta also signed a similar economic corridor agreement with the Northwest Territories in July 2024. Additionally, Alberta would like to see an agreement among all 7 western provinces and territories, and eventually the entire country, to collaborate on economic corridors.
Through our collaboration with neighbouring jurisdictions, we will spur the development of economic corridors by reducing regulatory delays and attracting investment. We recognize the importance of working with Indigenous communities on the development of major infrastructure projects, which will be key to our success in these endeavours.
However, provinces and territories cannot do this alone. The federal government must play its part to advance our country’s economic corridors that we need from coast to coast to coast to support our economic future. It is time for immediate action.
Alberta recommends the federal government take the following steps to strengthen Canada’s economic corridors and supply chains by:
- Creating an Economic Corridor Agency to identify and maintain economic corridors across provincial boundaries, with meaningful consultation with both Indigenous groups and industry.
- Increasing federal funding for trade-enabling infrastructure, such as roads, rail, ports, in-land ports, airports and more.
- Streamlining regulations regarding trade-related infrastructure and interprovincial trade, especially within economic corridors. This would include repealing or amending the Impact Assessment Act and other legislation to remove the uncertainty and ensure regulatory provisions are proportionate to the specific risk of the project.
- Adjusting the policy levers that that support productivity and competitiveness. This would include revisiting how the federal government supports airports, especially in the less-populated regions of Canada.
To move forward expeditiously on the items above, I propose the establishment of a federal/provincial/territorial working group. This working group would be tasked with creating a common position on addressing the economic threats facing Canada, and the need for mitigating trade and trade-enabling infrastructure. The group should identify appropriate governance to ensure these items are presented in a timely fashion by relative priority and urgency.
Alberta will continue to be proactive and tackle trade issues within its own jurisdiction. From collaborative memorandums of understanding with the Prairies and the North, to reducing interprovincial trade barriers, to fostering innovative partnerships with Indigenous groups, Alberta is working within its jurisdiction, much like its provincial and territorial colleagues.
We ask the federal government to join us in a new approach to infrastructure development that ensures Canada is productive and competitive for generations to come and generates the wealth that ensures our quality of life is second to none.
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Devin Dreeshen
Devin Dreeshen was sworn in as Minister of Transportation and Economic Corridors on October 24, 2022.
Business
New climate plan simply hides the costs to Canadians
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From the Fraser Institute
Mark Carney, who wants to be your next prime minister, recently released his plan for Canada’s climate policies through 2035. It’s a sprawling plan (climate plans always are), encompassing industrial and manufacturing emissions, vehicle emissions, building emissions, appliance emissions, cross-border emissions, more “green” energy, more “heat pumps” replacing HVAC, more electric vehicle (EV) subsidies, more subsidies to consumers, more subsidies to companies, and more charging stations for the EV revolution that does not seem to be happening. And while the plan seeks to eliminate the “consumer carbon tax” on “fuels, such as gasoline, natural gas, diesel, home heating oil, etc.” it’s basically Trudeau’s climate plans on steroids.
Consider this. Instead of paying the “consumer carbon tax” directly, under the Carney plan Canadians will pay more—but less visibly. The plan would “tighten” (i.e. raise) the carbon tax on “large industrial emitters” (you know, the people who make the stuff you buy) who will undoubtedly pass some or all of that cost to consumers. Second, the plan wants to force those same large emitters to somehow fund subsidy programs for consumer purchases to offset the losses to Canadians currently profiting from consumer carbon tax rebates. No doubt the costs of those subsidy programs will also be folded into the costs of the products that flow from Canada’s “large industrial emitters,” but the cause of rising prices will be less visible to the general public. And the plan wants more consumer home energy audits and retrofit programs, some of the most notoriously wasteful climate policies ever developed.
But the ironic icing on this plan’s climate cake is the desire to implement tariffs (excuse me, a “carbon border adjustment mechanism”) on U.S. products in association with “key stakeholders and international partners to ensure fairness for Canadian industries.” Yes, you read that right, the plan seeks to kick off a carbon-emission tariff war with the United States, not only for Canada’s trade, but to bring in European allies to pile on. And this, all while posturing in high dudgeon over Donald Trump’s plans to impose tariffs on Canadian products based on perceived injustices in the U.S./Canada trade relationship.
To recap, while grudgingly admitting that the “consumer carbon tax” is wildly unpopular, poorly designed and easily dispensable in Canada’s greenhouse gas reduction efforts, the Carney plan intends to double down on all of the economically damaging climate policies of the last 10 years.
But that doubling down will be more out of sight and out of mind to Canadians. Instead of directly seeing how they pay for Canada’s climate crusade, Canadians will see prices rise for goods and services as government stamps climate mandates on Canada’s largest manufacturers and producers, and those costs trickle down onto consumer pocketbooks.
In this regard, the plan is truly old school—historically, governments and bureaucrats preferred to hide their taxes inside of obscure regulations and programs invisible to the public. Canadians will also see prices rise as tariffs imposed on imported American goods (and potentially services) force American businesses to raise prices on goods that Canadians purchase.
The Carney climate plan is a return to the hidden European-style technocratic/bureaucratic/administrative mindset that has led Canada’s economy into record underperformance. Hopefully, whether Carney becomes our next prime minister or not, this plan becomes another dead letter pack of political promises.
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