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Dissecting Al Gore's $5 Trillion Energy Plan
US News ^ | July 18th, 2008 | James Pethokoukis

Posted on 07/18/2008 12:47:32 PM PDT by The_Republican

In a speech yesterday here in Washington, Al Gore challenged the United States to "produce every kilowatt of electricity through wind, sun, and other Earth-friendly energy sources within 10 years. This goal is achievable, affordable, and transformative." (Well, the goal is at least one of those things.) Gore compared the zero-carbon effort to the Apollo program. And the comparison would be economically apt if, rather than putting a man on the moon—which costs about $100 billion in today's dollars—President Kennedy's goal had been to build a massive lunar colony, complete with a casino where the Rat Pack could perform.

Gore's fantastic—in the truest sense of the word—proposal is almost unfathomably pricey and makes sense only if you think that not doing so almost immediately would result in an uninhabitable planet.

Texas oilman T. Boone Pickens recently came out with a plan to generate 20 percent of America's power through wind. His estimate was that it would cost $1 trillion to build that capacity and another $200 billion to update our electrical grid to transmit that energy around the country.

(And what would be the environmental impact of all those windmills dotting the countryside? Or solar panels covering our pristine deserts?)

By my math, using Pickens's numbers, converting the whole economy to renewable energy in a short period of time might cost $5 trillion—and that is if you assume that government-led projects come in on budget.

(Remember, the current U.S. gross domestic product is $12 trillion.) That would be like creating another Japan. Or fighting World War II all over again. The latter analogy is especially apt since the Gore Plan would effectively transform our free-market economy into a command-and-control war economy full of rationing and scarcity. Of course, there are many folks like Gore who view global warming as the moral equivalent of war. But Gore would extend the concept into the economic equivalent of war. Again, all this makes sense if you think we are doomed otherwise.

This isn't the first time Gore has made a proposal with jaw-dropping economic consequences. Environmental economist William Nordhaus ran the numbers on Gore's idea to reduce carbon emissions by 90 percent by 2050. Nordhaus found that while such a plan would indeed reduce the maximum increase in global temperatures to between 1.3 and 1.6 degrees Celsius, it did so "at very high cost" of between $17 trillion and $22 trillion over the long term, as opposed to doing nothing. (Again, just for comparative purposes, the entire global economy is about $50 trillion.)

You know, when she was running for president, Hillary Clinton gave a speech in which she stated that climate change would make a "great organizing principle" for the economy. What Clinton and Gore miss is the opportunity cost of doing something else—anything else—with all that dough.


TOPICS: Business/Economy; Culture/Society; News/Current Events; Philosophy
KEYWORDS: 5freakingtrillion; agw; climatechange; energy; environment
Also, Energy is not our problem - Oil is.

Our resources should be diverted to two things - Flex Fuel Cars and Electric Cars.

Then finding or developing existing forms of energies to make those cars useable and affordable.

Essentially transitioning from Oil-based transportaion to other alternative means.

This JIHAD against hydro-carbons would kill us all.

1 posted on 07/18/2008 12:47:33 PM PDT by The_Republican
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To: The_Republican

Algore’s a nut.

Pickens is just looking a way to accure greater wealth for himself.

Just my opinions of course.


2 posted on 07/18/2008 12:51:20 PM PDT by BenLurkin
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To: The_Republican
Will this $5 Trillion plan be paid for before or after BHO’s $13 Trillion Global Poverty plan (S. 2433)?
3 posted on 07/18/2008 12:52:03 PM PDT by Roccus (I love my country...the government is another story.)
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To: The_Republican
Dissecting Al Gore's $5 Trillion Energy Plan

Easy!

It's a global redistribution of wealth that will make Al Gore a multi billionaire able to burn as much fuel as he wants, but we'll have to cut our use by 75%.

4 posted on 07/18/2008 12:54:21 PM PDT by RJL
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To: The_Republican

If it is so “achievabl” and “affordable” why doesn’t algore take his own house “off the grid”?


5 posted on 07/18/2008 12:54:26 PM PDT by VeniVidiVici (Barack Hussein Obama=Jimmy Carter Part Douche)
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To: The_Republican
The Re-Primitazation of Mother Earth!


6 posted on 07/18/2008 12:55:19 PM PDT by TexasCajun
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To: The_Republican

This is ridiculous! We’re being manipulated by people like Pickens and Gore to spend trillions on their pet projects. And the Democrats in Congress love it, because it placates the environmental lobby that they depend on.

The immediate problem is to get the price of gasoline down, so that the American public can afford to live. Anybody remember the American public? Congress certainly doesn’t.


7 posted on 07/18/2008 12:59:48 PM PDT by popdonnelly (Boycott Washington D.C. until they allow gun ownership)
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To: The_Republican

All Al has to do is design a supply side load in the gigawatts of power used daily, summer and winter per locale, that meets the criteria of 99.9%+ uptime with the proper base and demand load as to keep our industry, hospitals, humans in general profitable and safe.

Please Al, show us your national layout for generating facilities with a feasibility plan and the corresponding business pro forma that we might critique it.


8 posted on 07/18/2008 1:04:40 PM PDT by PORD (People...Of Right Do)
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To: BenLurkin
AlGore is also a huckster after everyones money, if that makes him nuts.
9 posted on 07/18/2008 1:06:37 PM PDT by gathersnomoss (General George Patton had it right.)
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To: The_Republican
"Then finding or developing existing forms of energies to make those cars useable and affordable."

Atomic energy, of course, as the best alternative!!!

10 posted on 07/18/2008 1:09:23 PM PDT by SierraWasp (I'm not against the environment, just GovernMental EnvironMentalism!!! (our new state religion))
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To: SierraWasp

Atomic energy, of course, as the best alternative!!!

that’s the ticket.....doin’ the atom dance


11 posted on 07/18/2008 1:12:20 PM PDT by BOBTHENAILER (One by one, in small groups or in whole armies, we don't care how we do it, but we're gonna getcha)
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To: popdonnelly

They’ve never managed to produce a rapid transit system that anybody can afford to ride, out here in flyover country, but like Israeli-palestinian “piece” agreements, they just overlook that small detail and still demand that we stop driving. Hey a$$clowns — I stop driving, I stop working. That means I stop paying taxes.


12 posted on 07/18/2008 1:15:34 PM PDT by ichabod1 (If it moves, tax it. If it keeps moving, regulate it, and if it stops moving, subsidize it.)
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To: BenLurkin

His (Pickens) stupid commercials have been on the AM stations a lot recently and that was my exact response too.


13 posted on 07/18/2008 1:28:06 PM PDT by TheZMan (Bitter backwoods east Texan Christian gun clinger with the AC at 72 degrees.)
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To: PORD

Plans? We don’t need no stinking plans! We just and money and power.


14 posted on 07/18/2008 1:46:10 PM PDT by antiRepublicrat
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To: The_Republican

Yet more proof that DemoSocialists are control freaks who want *us* all to live the ‘Life La Lowered Expectations’....

...except for them.

Not to worry! They’ll find ways to make it a *6* Trillion Dollar Scam, with over runs.


15 posted on 07/18/2008 1:49:55 PM PDT by DGHoodini (Nor shall my sword sleep in my hand)
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To: The_Republican
Also, Energy is not our problem - Oil is.

Exactly. Because at current (or should I say recent?) oil prices, those 5 billion are a actually a bargain. 700 billion for oil each year, mostly funding terrorist (Saudi Arabia) or fascist (Venezuela) regimes.

Other than that, the article / blog entry is a waste of time. Gore's hasn't got much of a plan, only hot air and a giant ego, so no (scientific) "dissection" possible.
16 posted on 07/18/2008 2:23:09 PM PDT by wolf78
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To: BOBTHENAILER

I think the answer is ALL OF THE ABOVE. In other words do it all: Nuculer, Wind, Solar, Tidal, etc, etc etc

At 5 Trillion I say we give it a try. About half way through I predict some very interesting things will happen.

The middle east will become very submissive and nuclear war will seem much less likely. The peace dividend will be enormous.

And by the way, our GDP is more like 14 Trillion


17 posted on 07/18/2008 2:36:59 PM PDT by Helotes
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To: BOBTHENAILER
Atomic power covers all the sins except those of traitorious Jane Fonda!!!

Her's are always gonna hang out there for all remaining time for everyone to see!!!

She wasn't young and stupid when she made the illegitimate "China Syndrome!"

18 posted on 07/18/2008 2:46:44 PM PDT by SierraWasp (I'm not against the environment, just GovernMental EnvironMentalism!!! (our new state religion))
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To: The_Republican; Horusra; CygnusXI; Entrepreneur; Defendingliberty; WL-law; Genesis defender; ...
 




Beam me to Planet Gore !

19 posted on 07/18/2008 2:51:33 PM PDT by steelyourfaith
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To: BenLurkin

Yikes. You need to “acquire” a dikshunary


20 posted on 07/18/2008 3:01:07 PM PDT by newbie 10-21-00
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To: newbie 10-21-00

accure = accrue


21 posted on 07/18/2008 9:37:51 PM PDT by BenLurkin
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