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Are Britain and Germany committing economic self-harm? Is Western climate anxiety stifling African economies? Narratives of panic and despair are increasingly influencing the fundamentals of economic policy and energy policy.
Our latest ARC Off-Stage Conversation is a rallying call for an honest assessment of the direction of travel of energy policy. Germany and Britain are not alone in committing economic self-harm. This conversation, with experts Marian Tupy, Magatte Wade, Chris Wright, and Robert Bryce, lays out why energy equals GDP, and how outsourcing energy consumption to other nations is not a green policy.
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In Chris Wright’s words:
The UK has “driven up electricity prices so much… They're proud of the 40% reduction in greenhouse gas emissions, but what they never mentioned was that the majority of this is just reduced energy consumption.
“Energy intensive manufacturing just left. It's not made at a natural gas-powered factory in the UK anymore. It's a coal-powered plant in Asia and then loaded on diesel-powered tanker ship and brought back. That's not really greenhouse gas reduction, right? That's just exporting your emissions.”
It’s time for an honest conversation about energy. Too often policy makers make choices at the behest of activists which are irrational, anti-human, and fail to account for complexity. Yes, we have a duty to environmental stewardship. But panic driven policy making is almost always bad policy making.
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GO DEEPER:
- Robert Bryce’s paper for ARC Research - ‘Powering the Unplugged: Overcoming the Barriers to Electrification in the Developing World’ - www.arcforum.com/energy-and-e...
- Magatte Wade’s paper for ARC Research - ‘The African Climate Paradox’ - www.arcforum.com/energy-and-e...
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ARC, the Alliance for Responsible Citizenship, is a global community with a vision of a world where every citizen can prosper, contribute, and flourish.
Join us in shaping this vision, as we draw on the best of our inheritance to build hope-filled future. Let's seek solutions to the problems we face that tap into humanity's highest virtues and remarkable capacity for innovation and ingenuity.
Learn more at www.arcforum.com
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Dr. Marian L. Tupy is the editor of HumanProgress.org and a senior fellow at the Cato Institute,
specializing in global trends and economic policies. Follow him on X @Marian_L_Tupy and
explore his work at HumanProgress.org.
Magatte Wade is an entrepreneur and advocate for African prosperity, serving as the Director
for The Centre for African Prosperity at the Atlas Network. She champions entrepreneurship and
market-based solutions to boost economic growth across Africa. Learn more about her
initiatives on her website here and follow her on X @magattew.
Robert Bryce is an author, journalist, and filmmaker focused on energy and innovation. He has
authored six books, including "A Question of Power: Electricity and the Wealth of Nations,"
exploring the impact of energy on global development. Explore more about Robert and his
projects at robertbryce.com and follow him on X @pwrhungry.
Chris Wright is the founder and CEO of Liberty Energy, where he combines his passion for
technology and entrepreneurial spirit to advance human liberty through energy innovation. His
mission is to improve lives by integrating technology with energy solutions. Connect with Chris
on LinkedIn here or follow him on X @chrisawright_.
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00:00:00 - The Hidden Costs of Energy Policies in the UK: Decline, Exported Emissions, and
Societal Impact
00:00:48 - Energy Austerity and Propaganda: Experiencing the UK's Cost of Living Crisis
00:05:15 - Navigating Ideologies: Africa's Energy Realism and Western Policies
00:09:07 - Incremental Changes and Crisis Response: Shifting Attitudes Towards Nuclear
Energy
00:11:15 - Contradictions in Western Energy Policy: Global Impact and Political Realities
00:16:10 - The Global Coal Conundrum: Energy Needs vs. Environmental Goals
00:19:40 - Eastern Europe's Environmental Consciousness: Balancing Green Policies,
Economic Realities, and EU Influence
00:25:00 - The Future of Global Energy: Political Backlash, Interjurisdictional Competition, and
the Role of Startup Cities
00:31:30 - Conclusion: Embracing Competition for Innovation and Progress in Energy Policies