Matt Ridley

Diary – 14 May 2011

Matt Ridley opens his Diary

issue 14 May 2011

A day in London for the launch of my new report ‘The Shale Gas Shock’, published by the Global Warming Policy Foundation. I argue that shale gas calls the bluff of the renewable energy movement in the same way that genetically modified crops called the bluff of the organic farming movement. Just as GM allows the organic dream of drastic cuts in pesticide use to come true without high cost, so shale gas promises gradually to displace both coal (in electricity generation) and oil (in transport), drastically cutting carbon emissions without needing subsidy. Since subsidy is the lifeblood of most of the busybodies in the energy business, and since good news is no news, few people turned up for my report’s launch.

Back in the north, watching Newcastle United unconvincingly defeat Birmingham at St James’s Park, I tried to explain ‘Blaydon Races’ to my wife’s Swedish cousin. Tyneside’s national anthem chronicles no climactic battle, doomed love affair, prolonged feud or heroic feat, but the crash of a horse-drawn bus when a wheel fell off.

Written by
Matt Ridley
Matt Ridley is the author of How Innovation Works: And Why It Flourishes in Freedom (2020), and co-author of Viral: The Search for the Origin of Covid-19 (2021)

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