Banks to stop financing fossil fuel development: Sound investment decisions vs. virtue signaling?

HSBC is the latest European bank (and Europe’s largest) to join the fight against climate change, announcing recently that it will no longer finance...

What is a ‘rational’ climate policy?

I recently attended a talk about rational climate policy in Calgary, the headquarter city of the Canadian oil industry. The presenters where  economics professor...

Why be moral? Your life depends on it!

To say that many people are confused about morality is an understatement. Yet, our lives depend on getting morality right. As an example of...

What counts as progress and what makes it possible?

At the end of the year, the media is teeming with reviews of the past 12 months. With their focus on the positive, compilations...

Why are businesses not gearing up for the post-carbon economy?

Governments’ are making great efforts—such as banning oil pipelines and subsidizing unprofitable “green” technologies to avert man-made climate change—to help businesses move to the...

Ethics of energy

Energy companies, particularly those producing fossil fuels—oil, natural gas, coal—are under attack by the environmentalists and their sympathizers in the media. It is one...

Immoral government: “phasing out” fossil fuels

I thought of writing a post to defend the producers of the Canadian oil sands against yet another celebrity attack, after Jane Fonda flew...

The oil and gas unemployment crisis and how to fix it

According to estimates, there are 100,000 unemployed oil and gas workers in Alberta, most of them highly trained professionals in my home town Calgary....

Defending fossil fuel companies against climate catastrophists

In the dark world of the climate catastrophists, fossil fuel companies are the villains. Having been persuaded by the hugely inaccurate (to the point...

Defending oil pipelines: Why pursuing ‘social license’ is futile

Environmentalists, led by New York-based Natural Resources Defense Council (NRDC), have launched a campaign against the TransCanada Corp.’s proposed Energy East pipeline. Energy East...

Corporate leaders: seekers of climate change salvation?

Bank of England Governor Mark Carney has predicted that climate change will lead to a financial catastrophe—unless corporate leaders start taking the risks of...

Why business should care about free speech

I am reading a freshly published book, Defending Free Speech, a collection of essays edited by Steve Simpson and published by the Ayn Rand...