Data at Risk of Being Ignored

Wednesday, September 18, 2013

I do not care for its authors' obeisance to precautionary thinking or for their concession to the idea that protecting "the environment" is a legitimate consideration in discussions about government. Nevertheless, I did find several interesting facts in a recent Forbes piece on how environmental regulations are dragging down the economy. Among them, we have the following Iron Curtain-esque contrast:

State-level energy regulations are also undermining economic growth. New York and Pennsylvania sit atop the Marcellus Shale, a bedrock that holds an estimated 500 trillion cubic feet of natural gas.

Pennsylvania moved quickly to unlock this resource and saw per-capita incomes in drilling-intensive counties increase by as much as 19 percent between 2007 and 2011.

New York took the opposite tact [sic] and installed a moratorium on hydraulic fracturing. Lifting this ban could let local workers enjoy income gains of 15 percent over the next four years, adding upwards of $30,000 to the annual income of a family of four.
I am no fan of deliberately conducting such experiments with the rights of individuals, but this situation does demonstrate how debilitating government meddling can be to an economy and to individual lives.

These data are good to have, but how Americans interpret them and act on them will depend on their basic philosophical premises. For example, we must note how common precautionary malevolence has become in the culture, and remind Americans that individuals have rights that the government is supposed to protect. Failing to at least question such premises as the precautionary principle and environmentalism makes the data more likely to be ignored or treated as irrelevant. Thus it is that the authors feel the need to damn environmental regulations as "not precautionary", and "defend" free markets on the basis of their environmental friendliness -- if you can call, "economic growth and environmental quality often advance in tandem", a defense.

I happen to think that capitalism would be better for such things as air quality, but that would be a fringe benefit and is a side issue. The fact is that individuals across the country are wrongly being prevented from acting on their best judgement regarding how they obtain the energy they need to live and prosper. What's wrong with these regulations has nothing to do with their not being "precautionary" enough.

-- CAV

2 comments:

Vigilis said...

"I am no fan of deliberately conducting such experiments with the rights of individuals, but this situation does demonstrate how debilitating government meddling can be to an economy and to individual lives." -GVH

True at the state level, but what about our federal government? If Washington, D.C. confined its reach only to what it alone was authorized to perform, would things be any different from today's overreaches?

Consider national defense, for instance. Already engaged in conflicts on almost every continent we apparently just tried to expand into Syria. Why? To sell more arms? Why? To generate revenues for munitions companies to hire more lobbyists. Why? To further lessen the voices of voters between 2,4 and 6-year election cycles. Why? To make federal government even more powerful and intrusive.

What is the quickest message the public can send (time may be running out) to end such madness?
Politics is competitive and well-financed lawyers have been winning federal elected.







Gus Van Horn said...

Lawyers and media don't pull the levers. People accept this state of affairs because, at some level -- mainly either a desire to get free hand outs or to feel good because they feel like they are helping dole them out to the "less fortunate" -- they want it.

When more people start questioning the propriety of the government stealing from the productive for ANY purpose, things will start improving.