Enviro Nut Jobs Shoot Themselves in the Foot.

It's worth saying from the outset that I am neutral on the subject of man-made climate change.  Although I am sceptical, I wouldn't go so far as to call myself a determined "sceptic."  A better term to describe my views would be "agnostic" - the science behind climate change is flawed, and has been shown to have a great deal of corruption around it, but I don't believe that makes it all false.  I am yet to be persuaded either way.

Yet one thing I am absolutely determined on is that, if man-made climate change is real, big government solutions are not the answer.  My main thrust for this belief is that government solutions have rarely achieved anything efficiently or cheaply, especially when one compares it to the private sector.  Therefore if we are really facing a global crisis, a government solution is not going to save us.  The only way for "sustainable and green" technology to be produced is for governments to get out of the way of private sector companies who build new technologies, to lower taxes, and to allow the race for profit to motivate these companies to invest billions into producing these new technologies as quickly as possible in order to satiate consumer demand.  Once these new technologies are discovered, then there will be a race to the bottom by companies trying to make these new developments as cheap as possible for the public - companies get rich by selling products as cheap as possible, not by keeping them artificially expensive (see Henry Ford for a classic example of this.)

Increased government interference will not be as efficient as the private sector, and in addition will in fact hinder the private sector in doing its job.  This has been shown today by a story in "The Guardian" of all places, that reports that so-called "environmental taxes" are threatening green energy research and crippling development.  The case study is the Culham Centre for Fusion Energy, which faces an estimated £400,000 bill next year, raising the prospect of job losses and operational cuts.

Sources quoted by the lefty newspaper claim that there should be exemptions for companies and research groups that can be shown to be promoting government policy.  But why should it stop there?  How does one define whether or not they are promoting government policy?  Yes, it is clear that the Culham Centre is promoting green energy, but taxes will be hurting all sorts of research that will contribute, even in a small way, to these goals.  Additionally, these sort of crippling taxes don't just hurt research, they hurt growth as a whole, and the way we are going to get ourselves moving forward to green energy is to allow the whole economy to grow via market forces, which will in turn allow more private investment in all kinds of Research and Development; some that will be explicitly "green based" and others that may only help implicitly.

The only way to move forward with green technology is for government to get out of the way, allow market forces to decide which are the best technologies to invest it, and then allow the profit motive to motivate these powerful corporations in producing the efficient and cheap green energies that people want.  Government will only make bad choices, impose freedom destroying taxes, and ultimately slow down growth and technological advancement.  Scrap enviro-taxes now!

Britain's Spending Cuts - Inconsistent!

With France having exploded into rioting over the last week over the extension of the retirement age from 60 to 62, we have seen similar outrage today in Britain as Chancellor George Osborne has announced what are, for the most part, pretty meagre cuts.

Do not be mistaken by the Left's rhetoric, these spending cuts are not strong enough, but they are a start.  The Financial Times for instance is trying to paint these as some sort of mega cuts, but 4.5% cut over 5 years isn't exactly earth-shattering  But, with a strong left-wing movement in Britain, as well as the hard left Liberal Democrats having significant influence in the new government, the current cuts are really all that are politically feasible.  And I believe that on the whole, these cuts will work out well for the Coalition.  It will restore at least some confidence to the markets, and possibly to job creators too, in spite of the tax increases that will hit over the next few years.  Personally, I would have liked to see more cuts to welfare, cuts and reform to the NHS (which has remained untouched), less cuts to the military and less tax increases (which will only prevent growth).

I have an article coming out over the next few days which specifically cover the military cuts, but in the mean time I would like to focus on something that caught my eye that not many media outlets have picked up on.  We have seen that NHS spending has been ring fenced, and this has been debated by many.  But, today it was announced that International Aid has been increased by a stunning 33% and Climate Change funding (whatever the hell that consists of) has been increased by a hefty 18% - you can find an easy to read graph of all the cuts etc here.

Now, I'd be pretty annoyed had they not been cut, but for the budgets to be increased!?  It is quite clear that this is a total fop to the Liberal Democrats.  No conservative with any understanding of immigration would support a massive international aid budget.  The only way to get countries out of poverty is to encourage market growth, not to support big government programs and fund state sponsored dictatorships.  There is no country that has been lifted out of poverty by international aid, not one.  In addition, when you are giving some of that aid to India - a nation that has its very own nuclear weapons program - you know your policy is broken.  Yet this is not being tackled.

Climate Change - well, unfortunately, whether or not you believe in Climate Change or not, this is nothing more than economic stimulus for supposed "green jobs".  As we have seen in both America and Britain, this doesn't work.  True green jobs, like almost every job, is created by the private sector, not by tax and spend policies subsidising pointless industries.  Again, conservatives know this, left-wingers don't, so why on Earth have we increased the budget?

The spending cuts tell us a lot about the strength of this coalition.  It shows that they have managed to get spending cuts through, but they have had a hell of a lot of compromises to make to the left in order to get them through.  Increases in Climate Change budgets and International aid are enormous concessions, as are enormous cuts to the military budget.  In addition, even with these moderate spending cuts, we are beginning to see a massive backlash from vested interests in the unions and public sector - it is not going to be easy

If the Coalition wants to try and push forward a conservative agenda that is going to put Britain back on the right track (so to speak), it is going to have to fight tooth and nail for it, and with the gaggle of "centrist" Tories and hard-left Liberal Democrats, I just can't see how they are going to do that.