Akernomics 101
So-called fossil fuels? Piers Akerman may be onto something here.
The market must decide the support for ethanol-blended fuel — not the government, not monopolies and not urban Laborites and Greens determined to punish users of so-called fossil fuels.
The concept of ‘fossil’ fuels is clearly only a construction of Teh Left.
It follows therefore that fuels is just fuels. Whether so-called fossil fuels, or so-called biofuels.
The spurious distinction does, however, beg the question why Piers thinks the market must determine ‘support’ for one or the other.
Offhand the only answer I can think of is that the market is frightfully good at that sort of thing, and it would be a pity to under-utilise it.
It’s simple Akernomics.
Labels: economics, energy, Piers Akerman
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