Today: 31.Oct.2020

Rob Jeffrey, Independent Economic Risk Consultant: Poverty is the single highest social cost to society. There are only three major policy objectives: a) poverty alleviation, b) reducing inequality and c) reducing unemployment. Emerging economies require electricity energy sources that offer security of supply at the lowest possible cost. Conclusion: Unless emerging countries that have fossil fuels use them it will heavily prejudice their future growth and result in increased unemployment and poverty. Renewables and carbon tax are contrary to objectives. They are both taxes on the poor.

Published in South Africa

Richard McPherson, electrical power and grid security expert He is pursuing executable humanitarian solutions under the nexus of agriculture, water and energy: Reportedly Americans are fully employed; yet the interest-bearing national debt is $22.5 trillion and increasing. In 2018, total United States (US) trade with other countries was $5.6 trillion. US exported $2.5 trillion and imported $3.1 trillion. A difference of just $0.5 trillion. Not much of a difference to reduce the increasing interest-bearing national debt. Supposedly there are no more Americans available to join the workforce. Or are there? In 2018, according to the Labor Department 95 million Americans were “not in the labor force”. At the same time, the Congressional Budget Office (CBO) reported low labor force participation was causing a lower gross domestic product (GDP) and lower tax revenues. The lower labor force also causes increased demands on taxpayer dollars from federal support programs. What now?

Rob Jeffrey, Independent Economic Risk Consultant: Poverty is the single highest social cost to society. There are only three major policy objectives: a) poverty alleviation, b) reducing inequality and c) reducing unemployment. Emerging economies require electricity energy sources that offer security of supply at the lowest possible cost. Conclusion: Unless emerging countries that have fossil fuels use them it will heavily prejudice their future growth and result in increased unemployment and poverty. Renewables and carbon tax are contrary to objectives. They are both taxes on the poor.

Published in South Africa

Richard McPherson, energy expert and advocate for a better world through nexus of agriculture, water and energy: The August 2017 report on “Markets and Reliability” does not report an adequate response to electricity determined to be the Number 1 Critical Infrastructure after the 911 attack on America. What happened over 16-years? Foreign countries whose goal it is to harm the United States have supplied materials, components and equipment including rare earth metals, uranium, computer codes, and hardware to our electricity supply system. Plus having employees embedded owing their allegiance to those countries. All working together has made America’s electricity supply weak. The only result of endless meetings since 1953, is an easily disrupted electricity supply system.

Published in USA
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