An LNG Export Ban Can Have Serious Negative Consequences [Forbes]
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Source: Forbes
Ignorance of past policy mistakes is common and often a factor in the mis-structuring of new policies. Most people naturally do not want to revisit their own mistakes and some resist reviewing historical policies and research in general. This is different from the case of medicine, where research results are often subjected to testing by others to verify or refute claims, and this is an important part of the scientific process. Social scientists, however, are more loathe to do so, as M.I.T.'s Steve VanEvera described in an article years ago (citation below). But there is a value to examining past errors, because identifying what caused mistakes enables one to avoid repeating them. Energy policy proposals have often proved deficient, most especially by treating only costs or benefits, but not both. One obvious current case involves the many suggestions that the nation and the world eschew natural gas, whether for LNG exports or to fuel pizza parlor ovens. Why? Methane is a potent gr
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