Alfred Nobel is a sad man today. His legacy, an endowment for the furtherance of peace and sciences has indured its last tarnish. A once proud tradition has been relegated to a forum to spite liberty and the Bush family. According to Alfred Nobel’s will the Nobel Peace Prize shall be issued to:
“to the person who shall have done the most or the best work for fraternity between the nations, for the abolition or reduction of standing armies and for the holding and promotion of peace congresses”.
Al Gore made a movie based on challenged theories about how the “environment” will be affected by human generated pollution. He has worked in this field for years the results of which have only been ferocious debate and a politisization of the issue. Nothing more than a dejected shake of the head should be given to this farcical award. (edit: Scientists agree)
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Yesterday the Senate, led by Harry Reid (D-NV) passed an anti-energy bill called Renewable Fuels, Consumer Protection, and Energy Efficiency Act of 2007, that they say is geared towards reducing domestic dependence on foreign oil. The bill however, does not such thing and will have as its main effect, an increase in prices on consumables. Specifically, food, gasoline, automobiles and plastics. The drastic increase in demand for petroleum by developing nations, such as China and India (link) along with the current burdensome restrictions on building new refineries, is the cause for the increase in gasoline prices. It is the simple and natural supply and demand curve of the market.
This bill does nothing to help bring to market affordable energy.
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