10:10 = Economic Illiteracy

by Alex Schibuola on October 7, 2010

in Blog

10:10 Video: Blowing Up Children (Viewer Discretion Advised)

What an inspiring film — people who refuse to cut their personal CO2 emissions are sentenced to death.

The economic illiteracy of these particular global warming alarmists is on fine display. Under the assumption that global warming alarmists are in favor of producing alternatives to fossil fuels; here’s the mistake in their plan to cut fossil fuel emissions:

If everyone decreases their use of fossil fuels the result is a decrease in demand for fossil fuels. The price of fossil fuels falls relative to alternative forms of energy. If fossil fuels become relatively cheaper than alternatives (read another way: alternatives become relatively more expensive), then alternative energies become less economically viable and we only end up prolonging our use of fossil fuels.

A better alternative if they do want to promote the use of alternatives would be this: Have everyone increase their consumption of fossil fuels by 10 percent per year, thus driving up the price of fossil fuels and making alternatives relatively cheaper.

So now, anyone who does not increase their consumption of fossil fuels should be summarily executed.

I wonder if the use of reason would warrant me being blown up.

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