This resolution is a statement on the relationship between energy, freedom, and human wellbeing. The members of this coalition agree: a free market is the means through which affordable, reliable energy can best enhance people’s lives, here in America and across the world.

I. Affordable, reliable energy is a vital aspect of human wellbeing, providing electricity for our factories and hospitals, heat and light for our homes and schools, and locomotion for the cars, trucks, trains, and ships that move people and goods about the planet. Affordable, reliable energy enables the modern standards of wealth and health we enjoy.

II. Energy derived from carbon-based fuels fits the affordable, reliable profile necessary for human wellbeing. Carbon-based fuels—given their energy density, abundance, portability, and dispatchability—are key resources, both here in America and across the globe, where as many as a billion people still lack electricity. If technological developments give other energy sources advantages over carbon-based fuels, then people in a free market will naturally adopt them.

III. Political schemes designed with the explicit intention of increasing the cost of the carbon-based fuels deprive people of affordable, reliable energy. A tax on carbon dioxide emissions, commonly called a carbon tax, is one such scheme. A carbon tax would hinder access to affordable, reliable energy and therefore harm our quality of life.

IV. Private decisions made in a free market best reflect people’s interests. Central planners claim the mantle of the public good, but through energy taxes, mandates, and subsidies—whoever the beneficiaries may be—they only impede our decision-making. Energy freedom—the liberty to produce and use affordable, reliable energy—empowers people to manage life’s challenges as they see fit.

V. The American principles of individual liberty and decentralized governance endorse energy freedom. Implementing a carbon tax in order to satisfy speculative computer models is contrary to those principles. Energy freedom ensures affordable, reliable energy will continue to promote human wellbeing, here in America and abroad.

This article appeared on the MasterResource website at https://www.masterresource.org/free-market-energy-overview/energy-freedom-resolution/