Taking into proper consideration advantages and benefits as well as costs and disadvantages, any conventional investment portfolio shouldn’t merely consider fossil fuels, their producers and consumers; they should underpin any portfolio that claims to be ethical. These portfolios should also shun as unethical the producers of intermittent and hence unreliable (“renewable”) … [Read more...] about Why fossil fuels are ethical and their opponents aren’t
Archives for December 2022
The factual case for fossil fuels
In my previous wire (How we’ve prepared for the next bust, 28 November), I noted that recessions can have salutary effects: they usually damage and sometimes destroy the “conventional wisdom” which inflates the boom and bull market – and later collapses into bust and bear market. I demonstrated that “what everybody knows” at the height of a boom simply isn’t so. Moreover, I … [Read more...] about The factual case for fossil fuels