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Celebrating ILMA: How Lubricants and Hydrocarbons Make the World a Better Place by Alex Epstein
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Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

Jun 25, 2020

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Page 1: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

Celebrating ILMA: How Lubricants and

Hydrocarbons Make the World a Better Place

by Alex Epstein

Page 2: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

Word association

game

“Industrial Heroes”

Page 3: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

My energy heroes

Page 4: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

I love fossil fuels

Page 5: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex
Page 6: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

Two changes in my

thinking

1. A change in my standard of what a

hero is.

2. A change in my understanding of

what the petroleum industry does.

Page 7: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

Change 1: My standard of what

a hero is

Page 8: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

Green movement

consistently against

human interestsIn every conflict between the needs of

people and the preservation of nature,

environmentalists call for the sacrifice

of human interests. Whether it is the

well-being of loggers against the

spotted owl or the benefits derived from

animal testing versus the harm to the

tested animals, nature is always

prioritized over human existence and

progress.

Page 9: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

Reason: Their

standard of good is

unchanged nature,

which is incompatible

with human flourishing

Sustaining human existence is a process

of reshaping the environment to meet our

own needs. The more productive we

become, the more we change our

surroundings. Whether building a dam in

a river to generate hydroelectric power,

drilling for oil to produce gasoline or

cutting down trees to make room for

housing, every action that benefits

humans necessarily modifies our

environment. Since environmentalism

holds that the environment should be

preserved, it is automatically opposed to

human existence.

Page 10: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

Consequence:

Following their

standard leads to

continuous suffering If nature is intrinsically valuable and

does not include humans, every meal is

immoral, every house built is an evil

committed against nature. Human

existence is an act that should bring

with it a never-ending sense of guilt.

Page 11: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

The proper standard

Human flourishing

Page 12: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

Change 2: My understanding of

what the petroleum industry does

Page 13: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex
Page 14: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

What did we use before oil?

Page 15: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

“Grand ball given by the whales in honor of the discovery of oil in

Pennsylvania,” Vanity Fair, 1861

Page 16: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

Chemist, 1864

“Kerosene has, in one sense, increased

the length of life among the agricultural

population. Those who, on account of

the dearness or inefficiency of whale

oil, were accustomed to go to bed soon

after the sunset and spend almost half

their time in sleep, now occupy a

portion of the night in reading and other

amusements.”

Page 17: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

Coal, Letter to the

Times (London), 1866“Coal is everything to us. Without coal, our

factories will become idle, our foundries and

workshops be still as the grave; the locomotive

will rust in the shed, and the rail be buried in

the weeds. Our streets will be dark, our

houses uninhabitable. Our rivers will forget the

paddlewheel, and we shall again be separated

by days from France, by months from the

United States. The post will lengthen its

periods and protract its dates. A thousand

special arts and manufacturers, one by one,

then in a crowd, will fly the empty soil, as boon

companions are said to disappear when the

cask is dry.”

Page 18: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

Why did they

succeed?

Created abundant, affordable, reliable

process

Page 19: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

2 dry years

Page 20: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

39 drops

Page 21: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

1.2 billion humans without access to electricity

Page 22: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

2.7 billion humans rely on biomass for cooking and heating

Page 23: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

The total process of solar and wind needs to compensate for their

inherent unreliability

Page 24: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

In practice that means enormous redundancy and cost increases for

little energy

Page 25: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

Fossil fuels are helping us make the naturally dangerous climate more

livable

Page 26: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

Global greening

Page 27: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

Who is the real hero?

Page 28: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

The industry’s true

shame

Promoting the “Necessary Evil” narrative

Page 29: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

I currently work for an oil and gas company in Oklahoma City

and I noticed that there is a huge disconnect with the

younger (my) generation and the oil/gas industry. Given

the current environment I was wondering if I was in the

right industry—not only were we ‘evil’, but I could easily

be losing my job.

“I’ve always been able to put together that fossil fuels were at

least a necessary evil, but most likely net positive if you

included the economic benefits—however, your book

definitely turned me from a supporter to a champion.”

Page 30: Celebrating ILMA: How Lubricants and Hydrocarbons Make the ... › PDF › AM18 › AM18EpsteinKeynote.pdf · The Moral Case for Fossil Fuels ² What it is and why it matters By Alex

Resources

The Moral Case for Fossil Fuels — What it is and why it matters By Alex Epstein, founder, Center for Industrial Progress

How to think about our energy future

Is humanity’s continuing—and expanding—use of fossil fuels a moral choice or an immoral choice? To answer

this question, we need to be clear on our standard of value—our metric of good and bad—in energy and

environmental issues.

At the Center for Industrial Progress, we reject the common standard of minimizing human impact. Our

standard of value is: maximizing human flourishing.

To discover what will maximize human flourishing we must think full context—we must carefully look at the

benefits, risks, and side effects of all our alternatives. We reject the common method of thinking out-of-context.

Thus, when we consider fossil fuels, we do not write them off as bad because they cause some man-made CO2

and some man-made warming. We look carefully at the full context of their potential impacts on human

flourishing now and in the future.

Fossil fuels & human flourishing: the benefits

The unmet need for cheap, plentiful, reliable energy: ● There are 7 billion people in the world who need cheap, plentiful, reliable energy to flourish. Some 3

billion have virtually no energy by our standards, which means we need vastly more energy.

● It is extremely difficult to produce cheap, plentiful, reliable energy. In the entire history of humanity,

only three industries have achieved this on any scale: the hydrocarbon (fossil fuel) industry, the nuclear

industry, and the hydroelectric power industry.

The unique ability of the fossil fuel industry to meet our energy needs: ● The fossil fuel industry produces over 80% of the world’s power because it is the only industry that has

figured out how to produce cheap, plentiful, reliable energy for electricity, transportation, and heating

on a scale of billions.

● Since the energy industry is the industry that powers every other industry, the fossil fuel industry

increases productivity and prosperity in every area of life, from agriculture (diesel-powered farm

equipment) to hospitals (24/7 electricity).

● The only industries that can meaningfully supplement fossil fuel energy are the nuclear and

hydroelectric industries, which are widely opposed by environmentalists. Even without this opposition

fossil fuels would still be irreplaceable for decades to come. Hydro is limited by lack of suitable

locations. Nuclear has the long-term potential to expand greatly, but is many decades away from

scaling to the level of billions.

● For these reasons, any restriction on fossil fuel use would do devastating damage. This must be

factored into all policy debates over restricting fossil fuels to reduce CO2 or other byproducts.

About the author: Alex Epstein, founder of the Center for Industrial Progress, is a

humanist philosopher who seeks to identify the full context of industrial and

environmental controversies. His New York Times bestseller The Moral Case for Fossil

Fuels has been widely praised as the most persuasive argument ever made against

climate catastrophism, and led The McLaughlin Group to name Epstein the most

original thinker of 2014.