
Europe Faces Green Energy Immiseration. Trump Is About to Offer It a Lifeline
Green ideology is deindustrialising the UK and the Continent. America is embracing a more abundant future.
Teddy Roosevelt believed in speaking softly and carrying a big stick. Donald Trump will never speak softly, or even politely, but he will soon pack the power inherent in presiding over the world's number one producer of oil and gas.
Fifty years ago, the US was the world's largest importer of oil, as demonstrated by the pain suffered during the Arab oil embargo. Now, largely due to fracking, any such future threat is moot while Texas's Permian basin, in effect the world's fifth largest oil producer, is expected soon to be responsible for half of all US oil output.
The question now is whether other western countries will embrace this development as a way to break dependence on autocratic regimes like Russia, Iran, Qatar and Saudi Arabia. Particularly promising is natural gas, which provides reliable energy that produces an estimated 40 per cent less carbon dioxide (CO2) than coal and 30 per cent less than oil.
Continue reading the entire article at The Telegraph (paywalled)
Joel Kotkin is presidential fellow in urban futures at Chapman University and senior research fellow at the Civitas Institute at the University of Texas
Economic Dynamism

Defending Technological Dynamism & the Freedom to Innovate in the Age of AI
Human flourishing, economic growth, and geopolitical resilience requires innovation—especially in artificial intelligence.

Partisan Trust in the Federal Reserve
This paper examines partisanship in public perceptions of the Federal Reserve.

It’s Not Easy, but We Can All Learn to Think like Adam Smith
To truly understand what a dynamic economy requires, we would do well to recover the 18th-century sensibility that understood dynamism as a social and cultural phenomenon as much as an economic one.

Locked Out of the Dream: Regulation Making Homes Unaffordable Around the World
The first in a two-part series on the global housing crisis.

Full Business Expensing Is the Key to Growth
Allowing businesses to immediately deduct the full cost of capital investment rather than depreciating it over many years unleashes real economic activity.

Adventures Among the Abundanauts
Can the Abundance theorists overcome an anti-growth, bureaucratic-driven Left?