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Capitalism is Saving the Planet Part 3: Would You Rather Mine in Venezuela? I Didn’t Think So

We are often told that capitalism is destroying the planet, and that the only way we can repent from causing environmental degradation is to switch from a capitalist system to a socialist system. This thought process, however, could not be more wrong. While anti-mining activists say they don't want mining in Minnesota, what they are really saying, if they are not willing to forego the items made with these metals and minerals, is that they want mining, they just don't want it here. But if not here, where? I often write about the state of the cobalt industry, where 40,000 children have...

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Appeals Court Ruling Will Delay Line 3 Replacement, Again

On Monday the Minnesota Court of Appeals stated an environmental review of Enbridge’s controversial Line 3 oil pipeline was “inadequate” because it did not consider the effects of an oil spill in Lake Superior’s watershed, according to the Duluth News Tribune. The ruling is the latest delay in replacing aging oil pipeline, which is operating at half of its potential capacity due to safety concerns. The ruling is bizarre because new pipelines, like new cars, are much safer than their older counterparts. In fact, according to data from the Pipelines and Hazardous Materials Safety Administration (PHMSA), since 2010 there have been 1,300...

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America Is Partially Responsible for Venezuelan Crisis, But Not In The Way Representative Omar Thinks

Representative Omar is in the news regarding her statements that U.S. actions are making the situation in Venezuela worse. On Democracy Now, Representative Omar stated: "“This particular bullying and the use of sanctions to eventually intervene and make regime change really does not help the people of countries like Venezuela, and it certainly does not help and is not in the interest of the United States,” she added." I don't disagree that it is possible for efforts to enact regime changes can have unforeseen and negative consequences, but there is a simpler explanation for Venezuela's downfall than sanctions and conspiracy. These explanations are socialism,...

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American Frackers Are Dismembering OPEC

OPEC used to to be the most influential cartel in the world. Even if the general public didn't know that OPEC stood for the Organization of Petroleum Exporting Countries, they were keenly aware of the power this  group held to raise, or lower, oil prices, and what impact gas prices had on their families. But many people don't realize the power of OPEC is withering under the onslaught of American oil produced on American soil. America's surging oil production is so disruptive to the cartel that the Middle Eastern nation of Qatar has announced it will leave the organization in January. This...

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