Tuesday, August 27, 2019

What someone wrote at the Wall Street Journal about global warming.

Wall Street Journal - U.S. Glut in Natural-Gas Supply Goes Global

In a blow to producers, prices in Europe and Asia plummet to historic lows.

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Nicholas Bloom:

"Unfortunately for the country’s beleaguered natural-gas producers, global prices for the fuel have never been lower."

Great news - this will price out coal, which is an environmental disaster. Gas is clean, so a cheap clean fuel is fantastic, in comparison to coal which is heavily polluting and a big driver of climate change (and yes that is real, and yes the world is round, and yes the earth orbits around the sun).

Me:

"(and yes that is real, and yes the world is round, and yes the earth orbits around the sun)."

Well done. Only at the Wall Street Journal would you have to write that. There are a lot of science deniers at this place.

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