In a recent report, “Powering Human Advancement,” The Heritage Foundation laid bare the truth that the driving force behind wealth creation and raising human development standards is the innovative harnessing of energy.
As historian Vaclav Smil sees it, “Energy is the only universal currency.”
Therefore, policymakers should endeavor to allow their citizens abundant access to energy and to the wealth and prosperity it affords.
Unfortunately, government bureaucrats have taken for granted the practical realities that energy abundance has on reducing poverty for its citizens. Subsequently, these policymakers are taking a dangerous path of forced energy scarcity that is deindustrializing countries like Germany.
America cannot turn its back on the energy abundance that made it the most advanced and greatest nation on Earth.
The universal currency of energy…
