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DEMS' 'FAIRY DUST' ENERGY PLAN
NY Post ^ | September 26, 2007 | MACKUBIN T. OWENS

Posted on 09/26/2007 11:22:18 AM PDT by neverdem

AFTER the Democrats took control of Con gress last year, party leaders said that one goal of the new majority was "to achieve energy independence, strengthen national security, grow our economy and create jobs, lower energy prices and begin to address global warming."

Yet the Democrats' energy bills do just the reverse - thwarting energy independence by taxing oil producers and keeping substantial reserves of oil and natural gas locked up, while favoring "fairy dust" alternative energy and fuel sources that won't be able to compete with oil and gas for decades (if ever).

Now that Congress' is back, a major order of business will be to iron out the differences between the House and Senate energy bills and bring the final version to the floor. But it will be a compromise between two sets of bad ideas.

The House bills, sponsored, respectively, by Reps. Charles Rangel and Nancy Pelosi, do nothing to increase oil and gas production in America - which is necessary if we're to reduce our dependence on imports. Indeed, they would make it more difficult to produce oil and gas, adding new limits on access to domestic reserves and raising costs to producers - by levying $16 billion in taxes on oil companies by repealing a tax credit for exploration, production and refining and by changing the tax treatment of overseas oil-related income.

The House's measures also raise false hopes by promoting the fiction that "renewable" energy sources such as wind, solar and biofuels can replace oil and gas in an economically viable manner any time soon, mandating that 20 percent of electricity be generated from renewable-energy sources...

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Culture/Society; Editorial; Politics/Elections
KEYWORDS: 110th; democratparty; energy; neocoms

1 posted on 09/26/2007 11:22:21 AM PDT by neverdem
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To: neverdem

When will we learn? DRILL FOR OUR OWN OIL, WE HAVE PLENTY.


2 posted on 09/26/2007 11:25:36 AM PDT by RC2
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To: neverdem

I assume that the word “nuclear” is nowhere to be found in the whole of either bill....................


3 posted on 09/26/2007 11:28:53 AM PDT by Red Badger (ALL that CARBON in ALL that oil & coal was once in the atmosphere. We're just putting it back!)
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To: Red Badger

Are you kidding? Nuclear makes too much sense. Politicians don’t have that much sense. We need a house cleaning.


4 posted on 09/26/2007 11:37:25 AM PDT by RC2
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To: neverdem; All

This editorial is well-written with a good presentation of the terrible bills in Congress. The author does miss the reason that the Dims are pushing this energy strategy. The Dims want control over the energy business. They want to direct investments and control job creation. Global warming is an excuse for nationalizing the energy business. The Dims tried the same policies in the late 70s except they lacked globabl warming as a cover.

The public seems largely asleep about the nationalization of the energy industry. The Dims have put the mandates far enough in the future so that impacts may not be felt for 10 years or so. When the inevitable results (high prices, unreliable power, slower economic growth, ...) of these policies are felt, the Dims will find a new scapegoat and then institute even more control over the industry.


5 posted on 09/26/2007 12:01:35 PM PDT by businessprofessor
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To: businessprofessor
Global warming is an excuse for nationalizing the energy business.

It's a lot worse; it's an excuse for nationalizing everything and establishing total Stalinist control of all aspects of our lives. Just look at some of the articles posted here on FR about Watermelons not bathing, not using flush toilets, and minimizing their use of toilet paper, all to reduce their carbon footprints. They want to impose those degrading, unsanitary, and destructive conditions on all of us, excepting only themselves.

6 posted on 09/26/2007 12:37:49 PM PDT by libstripper
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To: businessprofessor

Same thing with health care. Any time they want to control anything, suddenly the Dims start talking about a “crisis”. Global warming crisis. Health care crisis. Gee, is there a pattern here?


7 posted on 09/26/2007 12:44:32 PM PDT by whitedog57
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To: libstripper

PING!!!!!!!


8 posted on 09/26/2007 12:45:03 PM PDT by whitedog57
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To: businessprofessor

I think what they are doing is the same as their proposed bills on Iraq. They don’t actually intend on this passing. When it doesn’t, and the Republicans can’t get anything passed, they will say, “The obstructionist Republican’s didn’t do anything about the energy problem.”

The demoncrats are only interested in obtaining power. And as usual, at the cost of our soldiers and our security. And since an apparent majority of our citizens are dumbasses it will work.


9 posted on 09/26/2007 1:10:29 PM PDT by ChinaThreat (s)
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To: ChinaThreat

I agree that the Dims realize that the energy bill will not pass in its current form. They are obviously interested in obtaining power.

If the Dims take control of the federal government in 2008, they will pass an energy bill that nationalizes the energy industry. Dim state legislatures have passed similar bills in a number of states including Colorado. The public wants to believe the utopian picture created by the Dims. Without some contrary evidence (price increases, power outages, ...), the public will not pay attention. The Dims hope to find a scapegoat when the problems emerge and enforce even more controls on the energy industry.


10 posted on 09/26/2007 1:48:30 PM PDT by businessprofessor
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To: businessprofessor

Agreed completely.


11 posted on 09/26/2007 6:45:04 PM PDT by ChinaThreat (s)
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To: businessprofessor

“The Dims tried the same policies in the late 70s except they lacked globabl warming as a cover.”

No, they went the other way with a new ice age.


12 posted on 09/26/2007 6:49:48 PM PDT by EQAndyBuzz (When O'Reilly comes out from under his desk, tell him to give me a call. Hunter/Thompson in 08.)
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