The second premise, that carbon restrictions are necessary for energy consumption control, belies inherent logic of free market economic incentives to advance conservation economies.

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The immediate consequence of Cuadrilla's announcement, though, is to undermine the economic logic of the government's energy policy.

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This incessant march of energy density (more energy per unit of raw material) has undeniable logic, deniable only by the illogical or irrational.

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This incessant march of energy density (more energy per unit of raw material) has undeniable logic extending along the entire length of the arrow of progress.

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This strained logic will only delay development of a coherent energy policy, so oil prices will remain volatile.

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Now it has signed off on an energy mega-project, the geo-strategic implications of which far outweigh any immediate commercial logic.

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While that logic may serve investors well in biofuels, it misses the mark in the field of energy storage (with the possible exception of car batteries).

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