“Clean energy” has become a shorthand term for the broad policy debate on how to achieve environmentally safe economic growth and enhance America’s energy security.
Article by Anthony B. Kim from Daily Signal.
A joint study recently published by the World Trade Organization and the International Renewable Energy Agency looks at how policies that promote open trade can support cost reductions, product development, and job creation, particularly in the sector that produces solar photovoltaic technologies.
The report, titled “Trading into a bright energy future: The case for open, high-quality solar photovoltaic markets,” points out that “open global trade has been an important factor in the rapid deployment of solar photovoltaic technologies around the world.”
The report also emphasizes: “Keeping markets open is critically important to ensure that all countries can benefit from solar photovoltaic (PV) technologies,” while “tariff reduction initiatives should be complemented with efforts to address broader technological, economic, policy and regulatory barriers that hamper the deployment of solar PV.”
Indeed, around the globe, the free, transparent market system—reinforced by more open trade—has resulted in enhanced capacity for clean energy innovation. The positive link between economic freedom and higher levels of innovation ensures greater capacity to cope with environmental challenges.
As highlighted since 1995 by The Heritage Foundation’s annual Index of Economic Freedom, nations that embrace the rule of law, fiscal responsibility, regulatory efficiency, and market openness pave the way for pragmatic public and private policies and actions that improve environmental health and ecosystem vitality.
Simply put, freer economies are cleaner and more environmentally friendly economies.
The welcome outcome from this vital interaction between market openness and capacity-building is a virtuous cycle of investment, innovation, and more dynamic, inclusive economic growth. These economic facts of life apply to the clean-energy technology sector the same as they do to any other.
The energy sector also needs freer trade. In fact, freer trade and advancing clean energy technology can go hand in hand, being mutually supportive. Not so ambiguously, greater freedom to trade is key to “green” growth.
The World Trade Organization, a multinational body that “provides a framework of disciplines to facilitate global trade and serves as a forum to negotiate further trade openness,” notes that:
Trade openness can help efforts to mitigate and adapt to climate change, for example by promoting an efficient allocation of the world’s resources (including natural resources), raising standards of living (and hence the demand for better environmental quality) and improving access to environmental goods and services.
It’s good to keep in mind that advancing free trade is a key policy action for effectively facilitating a healthy environment. The pragmatic, lasting way to ensure a cleaner and more sustainable environment lies on the path of spreading and enhancing the freedom to trade, which leads to dynamic, competitive innovation.
More often than not, progressive policymakers and activists claim that capitalism is bad for the environment. Yet, far from being the problem, capitalism is actually the proven path to real, practical solutions. Free market principles that have proven to be the key to economic success also can ensure environmental success.
The world economy needs these principles now more than ever.
The Dangers of Speaking the Truth Diminish If We Work Together
It’s becoming harder and harder for patriots to ignore the deep suppression of truth that’s happening in America today.
In all of my years in journalism, I have never received as many threats or been attacked by big companies like Google and Facebook as I have in 2021. I’d say that ever since we started covering widespread voter fraud, government-endorsed Pandemic Panic Theater, vaccine cover-ups, Critical Race Theory, and the various Neo-Marxist and Satanic agendas at play, I’ve been targeted more in months than the entirety of my life prior.
Speaking the truth is getting harder with so much censorship and suppression rampant. Prior to 2020, I was not a “conspiracy theorist” or an “anti-vaxxer,” but if there’s one thing the onslaught of exposed lies have taught us in the last 18 months, it’s that we cannot take what we’re told by the “arbiters of truth” at face value. There’s an agenda behind every message, a narrative driving every story, and a series of gigantic cover-ups designed to keep the masses in the dark.
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