In a way, digitization is old hat. E-mails turned 45 on September 30, 2016. In 1997, 4.1m Germans were online; today the figure is 58m. Growing up in today’s world, it is impossible to imagine being without a smartphone. But not having a landline phone or not owning a car? No problem.
Just in time for the upcoming climate conference in Marrakech, Germany’s council of economic experts, the Sachverständigenrat, is appealing to the government to change tactic towards a global climate policy. Germany’s energy transition is beyond reform.
Free market institutions and individual liberty promote economic development and human resilience to a changing climate. So far, coercive and centrally planned regulation induced by climate change alarmism delivered a disappointing outcome.
European politicians try to sell their ambitious climate goals and the proposed regulations to their citizens as a nice fairy tale: Policy driven investments in green technologies that cut emissions will not only save the world but also boost the economy, create jobs and strengthen Europe’s competitiveness.
Extremely disappointing is the performance of the FDP (3.4%,-7.6), even accounting for their landslide loss in the last years Bundestag election.
Reasonable climate policy means more benefits than costs. Therefore we need to know how expensive a warmer climate is before we cheer strict climate policy instruments. But that number is nowhere to be seen in the last WGIII-report. We are supposed to believe that two degree Celsius more would ruin the world.
What Mr. Gabriel’s green growth strategy will yield is not economic growth, but growth of state power with more and more intrusion in our civil liberties.
Germany wants to make it big. By the year 2050, German government aims to have achieved an 80 percent target for electricity supply from renewable energy sources.
Like other scientists who surrender their independence, Stern became a useful idiot for a political agenda.
Despite their differences, the authors agree in the necessity to reappraise patent and copyright law from a liberal point of view. The current state of law doesn’t adequately meet the requirements of a manageable and incentive-compatible intellectual property rights regime.