American Elephants


Sarah Palin Was Right. by The Elephant's Child
May 30, 2009, 4:06 am
Filed under: Economy, Energy, Environment, Global Warming

Sarah Palin told us back last July that we were not doing right.  We were asking the Saudis to ramp up their production of crude oil to help get the price of gas down.  Governor Palin pointed out that we had enough oil and gas in Alaska’s Chukchi Sea to supply America for a decade.  Alaska has the resources, she told us, and we don’t need to beg for them from Saudi Arabia.

The Chukchi Sea, northwest of Alaska’s landmass, was thought at the time to hold about 30 billion cubic feet of natural gas.

Now Science magazine reports that the U.S. Geological Survey has found that the Chukchi Sea holds more resources than anyone believed.  There is estimated to be 1.6 trillion cubic feet of undiscovered gas — 30 percent of the world’s supply— and 83 billion barrels of undiscovered oil, 4 percent of the globe’s known resources, in those icy waters.

So much for the Peak Oil crowd.  And frankly, so much for the cap-and-trade schemes brewing in congress.  The earth has always been warming and cooling, and humanity adapts.  It has been warmer in the past, and cooler in the past.

Cap-and-trade will have no effect on global climate whatsoever.  It will raise the cost of living for each family somewhere from $3,000 to $4,000 a year while rewarding rent seekers in the Climate Action Partnership like Al Gore,  assorted power companies and environmental organizations who expect to profit hugely by trading carbon emission permits.

Global warming alarmism exists only in the computer programs of the UN’s IPCC, not in observed science, nor in geological history, as the preceding videos of Ian Plimer attest.  There is, however,  a lot of money to go to favored Democrat supporters and donors.

Will President Obama have the courage to call a halt to the cap-and-trade insanity? Doubtful.  As he extols wind and solar energy which cannot work, and claims that we need to escape our “dependence on foreign oil” will he seize upon a real solution or keep chasing environmental fantasies?  Or is all the cap-and-trade, the “clean alternate energy,” and the non-existent “green jobs” not about the environment at all, but really about more power for the government over the economy?

President Obama was just at Nellis Air Force Base in Nevada, extolling their $100 million solar power array, which allows them to sell $1 million worth of power to the grid.  There is definitely something wrong with that math.

A recent study by Exxon Mobil calculates that even as efforts to develop alternate fuels go ahead, oil will remain the dominant energy source through at least 2030, probably even more.

If we do not go after our own oil, the Russians will.  They have developed nuclear fueled drilling platforms especially for Arctic waters, and they clearly have ambitions of dominating the world’s energy business, and few qualms about closing in on others claims.

Congress needs to stop caving in to the radical environmental crowd.  The Greens have been wrong about global warming, wrong about green jobs, wrong about the Arctic melting, wrong about wind, solar and tidal power, wrong about nuclear power, wrong about hydropower, wrong about oil and natural gas, and wrong about the polar bears as well.

With a record like that, it really isn’t worth paying attention to them.


1 Comment so far
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Palin’s been right about a lot of things, including her opposition 0bama’s decision to cut missile defense at a time when N. Korea is test firing long range missiles, and detonating a nuclear weapon. She’s was right in opposing the massive spending spree by 0bama and his crowd. She was right when she said that 0bama’s plans sounded a lot like Socialism. The country was wrong in that it did not listen to her.

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Comment by gre




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