No one can claim ignorance at this point.
National Review (10/27/20) column: "Joe Biden wants to take one of the great American success stories of the past several decades and drive it into the ground. He would turn his back on the stupendous wealth represented by proven reserves of oil and gas in this country. Rather than focusing on producing cheap, abundant energy — a key ingredient to human progress through all of human history — he’d embark on the fool’s errand of trying to adjust the world’s thermostat 80 years from now...If we think eschewing fossil fuels is going to convince other countries to do the same, we are fooling ourselves. Like in the United States, the industrial takeoff in China coincided with a jump in the use of coal. China is still building coal plants at a furious clip. The Institute for Energy Research notes that it has plans to add more than the current U.S. coal-fired capacity on top of its already prodigious use of coal, which accounts for more than half of the world’s total. The Biden plan is an assault on American ingenuity and wealth, not to mention common sense. At least after last week, no one can say he wasn’t warned."
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"Thanks to Venezuela’s embrace of socialism and Chavismo, PDVSA has probably destroyed more economic value than any institution in world history."
– Steve H. Hanke, Cato Institute
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