Matt Ridley is the author of provocative books on evolution, genetics and society. His books have sold over a million copies, been translated into thirty languages, and have won several awards.
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His new book How Innovation Works is coming June 25th in the UK and May 19th in the US and Canada.
My Times column on how the Arctic sea ice has melted in late summer before, between 10,000 and 6,000 years ago:
The sea ice in the Arctic Ocean is approaching its annual nadir. By early September each year about two thirds of the ice cap has melted, then the sea begins to freeze again. This year looks unlikely to set a record for melting, with more than four million square kilometres of ice remaining, less than the average in the 1980s and 1990s, but more than in the record low years of 2007 and 2012. (The amount of sea ice around Antarctica has been increasing in recent years, contrary to predictions.)
My Times column on economic libertarianism:
Last week both Hillary Clinton and Donald Trump set out their economic policies in set-piece speeches. Mr Trump’s, delivered in Detroit, so far as one could tell from the fractured syntax and the digressions into invective, involves a trade policy designed to punish consumers and protect producers, a recipe for recession. But Mrs Clinton’s, also delivered in Michigan, was even worse. She too wants to pursue the old mercantilist fallacy of restricting imports and helping exports, but while spending more money, unleashing a blizzard of new regulations and doubling the minimum wage.
Never have the American people been faced with such paternalist, protectionist and authoritarian pair of options. The United States, long a beacon of economic libertarianism, is now being offered a choice between two forms of growth-killing, deficit-boosting, zero-sum, big-government economic nationalism. Long gone are the days when both Republicans and Democrats subscribed to some form of free-market economic philosophy while differing mainly over how to fight the cold war and the culture wars.
My Spectator article on the similarity between trophy hunting in Africa and grouse shooting in Durham. Both have huge benefits for non-target species of wildlife.
The vast Bubye Valley Conservancy in southern Zimbabwe is slightly larger than County Durham, as well as much hotter and drier. Yet both contain abundant wildlife thanks almost entirely to the hunting of game. In Bubye Valley, it’s lions and buffalo that are the targets; in the Durham dales, it’s grouse. But the effect is the same — a spectacular boost to other wildlife, privately funded.
My Times column on the history of opposition to innovation:
The prime minister is to announce today that she would like to redirect some of the future profits of shale gas production to households, rather than councils. This is eminently sensible. It gives local people a stake in the new technology; it recognises that innovation will only be accepted in society when its social effects are beneficial; and it reflects Theresa May’s philosophy that all of society should share in growth.
This is my Times column on why we are paying too much to decarbonise via both nuclear and renewables, but I have expanded various points to give detailed quotes from sources to verify my arguments. [The expansions are in square brackets and italics.]
If Hinkley Point C goes ahead, the cost for consumers of subsidizing it will be £30 billion, according to the National Audit Office, or five times what was originally estimated. The increase comes largely from the fact that fossil fuels are cheaper than even the lowest possibility envisaged by the late and unlamented Department of Energy and Climate Change.
[In 2012 DECC forecast three scenarios for fossil fuel prices. In the “high” scenario, the oil price, per barrel, in 2016 was expected to be $137.2; in the medium scenario, $119.2 and in the “low” scenario, $98.8. The price today is $43, that is less than half the lowest scenario envisaged by DECC just four years ago.]
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