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April 24, 2014

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“The Cost of Good Intentions: The Ethics and Economics of the War on Conventional Energy” (PDF)

Cost of Good Intentions (PDF)


by Timothy Terrell, Ph.D. (October 31, 2011)
Associate Professor of Economics, Wofford College, Spartanburg, SC
Senior Fellow, The Cornwall Alliance for the Stewardship of Creation

The pastoral call requires shepherding a congregation through difficult circumstances, including challenges from the spiritual message and economic consequences of environmentalism. It is difficult to develop the knowledge and wisdom necessary to give biblical counsel on such issues, especially in light of complex scientific problems and intense policy debates. Yet the church must evaluate alarms raised about the environment and policies to address them. This paper is intended to assist ministry leaders, policy makers, regulators, and the public in understanding and applying biblical worldview, theology, and ethics, coupled with excellent science and economics, to promote a free, prosperous, and just society in a fruitful, beautiful, and safe environment. …

The paper contrasts biblical guidance on the nature of environmental stewardship with that of the mainstream environmental movement; examines the claim that traditional energy sources are harmful to human health and should be replaced by “Green” fuels; discusses the relationship between energy and prosperity, and concludes with a call to honesty in place of the exaggeration of environmental hazards, and a call to caution in the use of coercive, regulatory means rather than more productive voluntary, market-based means, supplemented by tort action, to care for people and the planet on which we live. … (Read the rest.)
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