By Alan
Caruba
Here in
America and elsewhere around the world, Greens continue to war against any
energy other than the “renewable” kind, wind and solar, that is more costly and next to
useless. Only coal, oil, natural gas, and nuclear keeps the modern and
developing world functioning and growing.
The most
publicized aspect is Obama’s “War on Coal” and, thanks to the Environmental
Protection Agency, it has been successful; responsible for shutting down
several hundred coal-fired plants by issuing costly regulations based on the
utterly false claim that carbon dioxide emissions must be reduced to save the
Earth from “global warming.”
The EPA is
the government’s ultimate enemy of energy, though the Department of the Interior
and other elements of the government participate in limiting access to our vast
energy reserves and energy use nationwide. By government edict, the
incandescent light bulb has been banned. How insane is that?
The Earth
has been cooling for seventeen years at this point, but the Greens call
this a “pause.” That pause is going to last for many more years and could even
become a new ice age.
A study
commissioned by the National Association of Manufacturers (NAM) on the impact
of the proposed new EPA regulation of emissions found that, as CNSNews
reported, it “could be the costliest federal rule by reducing the Gross
National Product by $270 billion a per year and $3.4 trillion from 2017 to
2040” adding $2.2 trillion in compliance costs for the same period. Jay
Timmons, CEO and president of NAM, said, “This regulation has the capacity to
stop the manufacturing comeback in its tracks.”
As Thomas
Pyle, the president of the Institute for Energy Research (IER), said in June,
“President Obama is delivering on his promise to send electricity prices
skyrocketing.” Noting a proposed EPA regulation that would shut more plants, he
said “With this new rule, Americans can expect to pay $200 more each year for
their electricity.” Having failed to turn around the nation’s economy halfway
into his second term, Obama is adding to the economic burdens of all Americans.
America
could literally become energy independent given its vast reserves of energy
sources. In the case of coal, the federal government owns 957 billion short
tons of coal in the lower 48 States, of which about 550 billion short
tons—about 57 percent—are available in the Powder River Basin. It is estimated
to be worth $22.5 trillion to the U.S. economy, but as the IER notes, it
“remains unrealized due to government barriers on coal production.” It would
last 250 years, greater than Russia and China. When you add in Alaska, the U.S.
has enough coal to last 9,000 years at today’s consumption rates!
In 2013
the IER estimated the worth of the government’s oil and coal technically
recoverable resources to the economy to be $128 trillion, about eight times our
national debt at the time.
There
isn’t a day that goes by that environmental groups such as Friends of the Earth
and the Sierra Club, Greenpeace, the National Resources Defense Council, and
the Union of Concerned Scientists, along with dozens of others, do not speak
out against the extracting and use of all forms of energy, calling coal “dirty”
and claiming Big Oil is the enemy.
In the
1970s and 1980s, the Greens held off attacking the nuclear industry because it
does not produce “greenhouse gas” emissions. Mind you, these gases, primarily
carbon dioxide, represent no threat of warming and, indeed, as the main “food”
of all vegetation on Earth, more carbon dioxide would be a good thing,
increasing crop yields and healthy forests.
Events
such as the 1979 partial meltdown at Three Mile Island and the 1986 Chernobyl
disaster raised understandable fears. The Greens began opposing nuclear energy
claiming that radiation would kill millions in the event of a meltdown. This
simply is not true. Unlike France that reprocesses spent nuclear fuel,
President Carter’s decision to not allow reprocessing proved to be very
detrimental, requiring repositories for large quantities.
To this
day, one of the largest, Yucca Mountain Repository, authorized in 1987, is
opposed by Greens. Even so, it was approved in 2002 by Congress, but the
funding for its development was terminated by the Obama administration in 2011.
Today there are only four new nuclear power plants under construction and, in
time, all one hundred existing plants will likely be retired starting in the
mid-2030s.
The
Greens’ attack on coal is based on claims that air quality must be protected,
but today’s air quality has been steadily improving for years and new
technologies have reduced emissions without the need to impose impossible
regulatory standards. As the American Petroleum Institute recently noted,
“These standards are not justified from a health perspective because the
science is simply not showing a need to reduce ozone levels.”
The new
EPA standards are expected to be announced in December. We better hope that the
November midterm elections put enough new candidates into Congress to reject
those standards or the cost of living in America, the capacity to produce
electricity, the construction and expansion of our manufacturing sector will
all worsen, putting America on a path to decline.
© Alan
Caruba, 2014
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