Filed under: Capitalism, Democrat Corruption, Domestic Policy, Economy, Election 2012, Politics, The United States | Tags: Recession 2012, Understanding Business, We Built It
Filed under: Domestic Policy, Economy, Energy, Capitalism, National Security, The United States, Election 2012 | Tags: Romney/Ryan Energy Plan, The Energy Capital of the World, Ideological Filters
When the price of gas at the pump was climbing this spring, President Obama unveiled his “All of the Above” energy plan, which included blocking the Keystone XL pipeline and the thousands of jobs that promised, shutting coal-fired power plants and the hundreds of jobs eliminated there, and in spite of the debacle with the Solyndra bankruptcy, continuing federal taxpayer support for alternative energy. Gas prices are headed up again, but haven’t yet hit $4.
Mitt Romney’s energy plan includes signing the Keystone XL pipeline agreement immediately, and opening more domestic resources for drilling and fracking, streamlining regulations, and limiting federal energy “investments” to basic research and development. That promises millions of good-paying jobs.
One of the most fascinating revelations offered by the problem of energy, has been the extent to which the Left simply does not keep up with the times. Because wind and sun are natural sources of energy, the assumption on the left has been that we only need the right kind of windmill and the right kind of solar panel, and it would replace nasty, dirty fossil fuels and our economy would run on these clean resources. No more reliance on “foreign oil.”
Somebody was way too ready to listen to promoters’ snake oil, and unprepared to listen to engineers and experts. Besides, cronies were enthusiastic, promises were vast and everybody talked about “capacity” which means what a wind turbine will produce if the wind blows just at the right speed all the time, and for solar cells, what energy they will produce on a long day of cloudless sun. Days are not always long, clouds drift in, the wind dies.
Those ideal situations rarely happen, and in the case of solar, the sun has a habit of going down at night. Wind is too intermittent to be a successful source of electricity, and requires 24/7 backup from a conventional power plant. Solar energy is too diffuse, and requires a method of power storage for the long hours when the sun does not shine — that is not yet available.
The world’s energy situation has changed just in the last few years. Newly discovered shale deposits are turning out to be widespread; fracking and slant drilling have made the oil and gas from those deposits economical to reach.
Frederico Pena (Former Secretary of Energy) said “We need to invest in clean energies, and advanced biofuels, and you don’t get there by cutting investments in those energy sources. …Here in Colorado, the President’s policies have resulted in natural gas production at an all-time high and oil production at its highest since 1981. Mitt Romney is trying to fool voters into thinking he has a plan, when really he would just cede our clean energy economy to our foreign competitors.”
Jennifer Granholm (Former Governor of Michigan and energy expert?) “Mitt Romney’s plan for energy independence cannot be taken seriously. Energy independence is just political rhetoric if you don’t include investments in home-grown clean energy sources like wind, solar, and other renewables. …President Obama’s all-of-the-above energy strategy, fostering innovation and the development of our domestic renewable sources of energy, and doubling production of solar and wind energy—is getting us closer to energy independence that Mitt Romney’s plan ever could.”
How can two people who have held important offices be so completely oblivious to the fact that the entire energy picture of the world has changed? The United States of America is the energy capital of the world. We are blessed with enough energy supplies to sustain economic growth for many generations. The government’s own reports detail this and Congress was told about our energy wealth when the Congressional Research Service of the Library of Congress released a report showing that the United States’ combined recoverable oil, natural gas, and coal supplies is the largest on earth.
The scarcity is one of good governmental energy policy, not a shortage of energy. In his three-and-a-half years as president, Mr. Obama has shown, categorically, that he is completely opposed to expanding our abundant, accessible and affordable energy industry. He blocked the XL pipeline, promised to open offshore drilling sites and then added roadblocks to development, and his EPA is engaged in a war with the coal industry and doing everything they can to end the industry and the hundreds of jobs involved.”All of the Above
Mr. Obama makes the error of viewing everything through an ideological filter. When you refuse to have a dialogue with those who have different ideas, your ideas are never tested in the give and take of natural discussion. You never find out where you might be wrong or whether there are factors you have never considered. When you don’t read the reports or look at the footnotes, you may miss more than you realize.