Saturday 15 July 2017

THE PERILS OF GROUPTHINK - AS PRACTICED BY THE BANK OF ENGLAND

Here is a very thoughtful piece from James Delingpole.  He is a very good writer and makes an excellent case for the requirement of balance in official reports by institutions like the Bank of England. This is nothing new, of course. It is simply one more example where only one side of the argument is considered, ie that fossil fuels are bad and will be phased out soon. It is both a lazy and foolish conclusion and one that is unlikely to be fulfilled (certainly not in the developing world). 

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