A Fracking Good Story

As you get more renewables, energy for the consumer becomes costlier.

In Germany, consumers had to subsidize green energy to the tune of 31 billion euros last year. Little surprise, Germans now pay the highest electricity prices in the world.

Despite intense climate worries, electorates have been unwilling to spend the trillions needed to cut emissions dramatically. That is why climate campaigners have increasingly pursued a new strategy by forcing climate policy through courts. Across the world, the UN now counts at least 1550 such climate cases in 38 countries, including Australia, often filed by young people invoking a fear for their ­future. Unfortunately, such cases undermine democracy, harm the poor, and sidetrack us from smarter ways to fix the climate.

2013-04-11 Someday, the electric car will, indeed, be a great product – just not now. It costs too much; it is inconvenient; and its environmental benefits are negligible (and, in some cases, non-existent).