Energy has long lost media attention; so we no longer think about ways we use energy and its effect on national policy or our pocketbooks. However, problems of energy supply we deemed a crisis in the 1970’s are still with us. U. S. warships still protect Persian Gulf supply of Middle East oil which accounts for one-quarter world’s oil production.
America’s abysmal 0.7% economic growth during the fourth quarter of 2015 meant the annual growth rate was an anemic 2.4% … and average annual growth for the six-year Obama era a pathetic 2.2 percent.
In the United States, and most of the western world, there is an ideological war with dire physical consequences. It is the war on fossil fuels. But, even if you understand (as I hope my readers do) that energy is central to everything in modern society, the war is much bigger than energy. It is about freedom. It is about control. It is about global governance.
In this edition of The Heartland Daily Podcast, managing editor of environment and climate news H. Sterling Burnett talks with John Charles. Charles is the president and CEO of Oregon’s preeminent free-market public policy institute, the Cascade Policy Institute.
Efforts are underway by the Taiwan government for a government led restructuring to avoid bankruptcy (Plan to stop Taiwan’s high-speed rail going bust set for review). Since opening in 2007, this privately financed and operated system has been plagued with ridership well below projections. The Taiwan experience is consistent with the research showing that ridership on high-speed rail lines has been frequently over-projected.
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