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March 25, 2015
Title: Fossil Fuels, Mother Earth, and Mankind
Topic: Fossil Fuels
Discussed by Dr. Mark J. Perry
with American Enterprise Institute (www.AEI.org)
We all need energy.
Everyone – across the globe – uses some form of energy every day.
Whether that energy comes from coal, gas, wind, solar, or good ol’ fashion
burnin’ wood…We all need energy. Until the use of coal was discovered, we cut
down trees to heat our homes. To cook. To clean.
Then entered fossil fuels. The discovery of coal literally saved the
deforestation of Europe and America. “It was a huge turning point in energy
development,” Dr. Perry says. Oil halted the killing of whales and seals,
and fertilizer also had a hand in moving things forward. How? Dr. Perry explains
how these were other positive improvements to the world’s economy.
Now, switching to other forms of energy: solar and wind energy. Dr. Perry says
experts agree that “Solar and wind energy farms are far too expensive and
take up too much room. Twenty-five years from now, fossil fuels will still be
providing over 80% of our energy needs.” The environmentalists and those in
DC, however, keep pushing the EPA to issue mandates to lower the use of fossil
fuels – or ban them completely. Is it all about the money?
Dr. Mark J. Perry is a Professor of Economics and Finance in the School of
Management at the Flint Campus of The University of Michigan. He is
also a resident scholar at the American Enterprise Institute. You can follow Dr.
Perry’s blog [here].
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