Sunday, May 03, 2015

Matt Ridley on Climate Change, Renewable Energy, and How Failing to Consider Tradeoffs Can Lead to Poor Decisions

Here is a link to an article by Matt Ridley, "Electricity for Africa" that illustrates how failing to consider tradeoffs can lead to unintended adverse consequences.

Matt makes a lot of good points.  However, he fails to consider that economic progress requires stable governments that provide an environment favorable to commerce - notably lacking in many countries with low standards of living.

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