I worked on this piece on and off from November 30th to January 21st. I wrote the bulk of it on the first day, and most of the editing since then had been cosmetic. It is somewhat related to a project I was helping a friend with, although that is not the reason I wrote it. This piece originally appeared on January 21st at Notes on Liberty, where it was my first for that blog.
WHAT’S SO BAD ABOUT ENERGY DEPENDENCE?
Contrary to what one might be led to think, energy independence need not be the opposite of energy (inter)dependence. Likewise, contrary to what many advocates of free markets and free trade will say, energy dependence (perhaps not their choice of words), is not a good thing. Energy interdependence certainly can be a good thing, but in today’s world I can’t agree that every instance of it always is. Read more