In August 2005, The New York Times Magazine published an article titled “The Breaking Point” in which Council on Foreign Relations member Matthew Simmons predicted that oil, then about $65 a barrel, would more than triple in price by 2010. New York Times journalist John Tierney read the article, called Simmons up, and eventually bet Simmons $5,000 that the average price of oil over the course of 2010 would be at least $200 a barrel in 2005 dollars. As of January 1st, Tierney will have won. Yesterday, he explained why …
But as Climategate proves, a bit of skepticism will rarely steer you wrong. In fact, it’s one of the key elements of rational thinking.” Those words come from David Harsanyi’s excellent column in the Denver Post. He writes, As President Barack Obama heads to Copenhagen to work on an international deal that surrenders even more of our unsightly carbon-driven prosperity to the now-somewhat-less- than-irrefutable science of climate change, shouldn’t he offer more than a flippant statement through a spokesperson on the scandal? The talks, after all, will be based on …
