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Killing The Keystone Pipeline Won’t Stop The Oil Sands Being Mined
Posted by Forbes: Tim Worstall on April 20th, 2013
Forbes: I have to admit that I don’t really understand one of the arguments being used against the Keystone pipeline project. Several of the arguments I do understand and simply disagree with, but one of them I just don’t get in some important manner. That’s the one that if the pipeline isn’t built then the oil in the tar sands won’t be extracted and thus climate change is be less likely. This just doesn’t ring true for me. Mark Perry provides one little chart to show why:
As the Wall Street Journal pouts...
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Drought, Climate Change, Corn Prices, Ethanol and Biofuels
Posted by Forbes: Tim Worstall on July 20th, 2012
Forbes: As we’ve all noticed there’s a drought going on in the American heartland. As many have noted this is leading to soaring prices of three main crops, corn wheat and soya. For that American heartland is the major source of export crops for all three (less so for soya than the other two to be sure).
We know that high food prices can kill poor people: this is not generally regarded as a good thing even though there are far too many small population fanatics around. Even they tend not to advocate starvation...