Posted on 06/13/2022 12:24:18 PM PDT by Wuli
President Biden’s energy program is crystal clear: an all-of-government assault on the domestic fossil-fuel industry to further a green agenda. But its economic and political fallout is a muddled contrast. The Biden plan distorts or undermines so many other domestic and international priorities that it is in dire need of a midcourse correction.
The administration’s efforts, led by climate czar John Kerry and propelled by the progressive wing of Mr. Biden’s coalition, have included curtailing new leases for drilling, preventing new pipeline development, and expanding the areas off-limits for production. The Securities and Exchange Commission has discouraged new financing of fossil-fuel projects. New automobile mileage standards and increased mandates for ethanol blending in gasoline are part of the program. Pressure to phase out coal-fired electricity production and thwart new mining projects also contribute to the higher prices deemed the best tool to force the transition to a green-energy infrastructure.
To avoid the political brunt of historically high consumer energy prices, the administration apparently is considering allowing more exports of oil by Iran, as it is for Venezuela. It is also tolerating the somewhat inconsistent application of oil and gas embargoes on Russian supplies and increased purchases by China and India.
Despite the urgent global need to displace supplies of Russian oil and gas, encouraging domestic production of these fuels isn’t part of the administration’s response to Vladimir Putin’s aggression in Ukraine. And pressure on domestic production undermines other administration initiatives, such as rebuilding the manufacturing sector, creating jobs, strengthening supply-chain resilience, and weakening dictatorial adversaries such as Iran and Venezuela.
(Excerpt) Read more at wsj.com ...
He’s just a genius. Biden, Kerry and Cortez (three people who have never had a real job) are making these decisions and destroying the country
they promise the jetsons
but deliver the flintstones
binge watching gilligan’s island is also helpful
Brandon did that.....and EVERYBODY knows it. Which is why his approval ratings sink deeper into the toilet bowl with every new poll.
That's technically true, but a bit misleading. If the context of the paragraph is about U.S. consumers buying American made solar panels, there are a handful of American suppliers who aren't "competitive on a global scale" but have good products. Mine were made in Texas, not by First Solar.
This whole subject has some big contradictions.
Such as, the desire to have electric cars, is problematical. The electricity to recharge electric cars, in many parts of the country, is generated in fossil fuel fired power plants. So how “green” is that energy? Also, the electric cars require some “dirty” mining of various minerals. And, the electric grid would collapse if we suddenly had tens of millions of electric cars on the road, all recharging every day.
A very clean source of energy, nuclear, is verboten per the liberals, so we aren’t developing those resources because it offends the sensibilities of Greta Thunberg and her ilk.
There are trade offs and pluses and minuses with our energy futures. The liberal view is that we can only have solar and wind. Some liberals are ok with hydroelectric, but the most extreme enviro extremists don’t want hydro, so there’s that.
I think that, as far as these energy debates go, we need adults in charge, not demanding adolescent mindsets which see “fossil fuels” as evil, solar as purely good, and are actually happy about gasoline being so expensive to “punish” all of us for having the audacity to drive a car fueled by gasoline. We need adults with an adult mindset, to manage our energy future, and manage many other issues as well.
It’s simple logic, and even common-sense...
Oil and other fossil-fuels, are the lifeblood of the economy, any economy, anywhere.
If you stop the ‘flow’ or reduce the flow, or tamper with the flow, or introduce ‘objects’ into the flow...
then...
the patient (aka: the economy) will get sick or die or stop functioning like before, or have its functions reduced.
No progress is possible, and what occurs is contraction of the economy to the point that, its dependents (companies, governments, people) have to cut back or stop functioning.
But, it’s either common-sense that democrats cannot understand, or refuse to understand,, or simply don’t care about. From what’s happening right now, democrats simply don’t care. The American people DO CARE and it’s time to bring on the remedy to kill the illness that hampers the economy and country, and that medicine is to vote democrats out, preferably totally. Leaving even a single virus or bacteria (aka: a democrat) in office, means that, the illness can redevelop.
Collectivism answers the question, What Could Go Wrong.
I am still waiting for an answer as to “What kind of green energy” is supposed to replace carbon-based fuels. No doubt that there are some bright members of FR who could offer an answer. No doubt that windmills and solar panels add some needed energy, but never enough to make up what really is needed. In the long run no country can prosper and thrive without a plentiful supply of cheap or at least reasonable priced energy. No doubt that sooner or later we will have energy derived via nuclear fusion, but until then it is sheer stupidity to reject carbon-based energy sources, which by now are pretty clean.
If the Joe Stolen/”Que mala” Harris regime were TRULY concerned about making everything “green” in terms of converting everything to electric power, first make sure the capacity to generate the electric power is there in both quantity and reliability. Nobody EVER had to question the reliability of power generation by hydroelectric means, whether at Niagara Falls, or the many hydroelectric installations that even today dot the landscape. The largest problem with the hydroelectric generation is that they are limited in their placement, sometimes far from population centers, requiring long-distance transmission lines, with their cost and inevitable loss of power while passing through the wiring, radiated away as heat. Only a little bit for each mile, but it adds up over distance.
That is why coal plants and Diesel generation stations came into operation in the nearer locations to the population and industrial centers, to reduce this loss of power over long transmission lines. And eventually why uranium-fueled light water reactor power generation plants were funded and built relatively close to industry and residential user locations. These nuclear power plants could run 24/7/365 at flat-out maximum output for YEARS before needing refueling, but this meant that “spent” uranium fuel rods, which still retained about 97% of residual power, had to be removed and either reprocessed, or kept in storage for periods ranging up to something like 10,000 years before the residual radioactivity died down.
Enter several technical and engineering advances, making it possible to use thorium, a much more available and stable nuclear fuel, to build thorium-fueled molten salt nuclear reactors, which can also run 24/7/365 flat-out full maximum for years, but are inherently much safer, and also as important, can be scaled up or down in size to fit the locality. Because of the design, there is no possibility of having a meltdown that releases a large radioactive cloud, like the Chernobyl or Fukushima nuclear disasters. And perhaps even more important than any other reason for adoption, the “spent” uranium fuel rods must be used to initiate the thorium-fueled reaction which does not start spontaneously, eventually consuming most or all of the fuel rods now in storage, so the world does not have to wait 10,000 years for them to become relatively harmless.
So get the hell busy building all this electrical generation infrastructure, so the grand schemes of making the whole world powered by electricity other than by burning hydrocarbon fuels can be realized. Wind and solar power are just too unreliable and wasteful of resources for use in other than niche applications, they cannot possible supply the power demands for any advanced civilization by themselves.
The Dims have only unstudied and unscientific “green” mandates, which satisfy ideologes but have zero to do with what is achievable, what has been analyzed and figured out to be achievable, without wrecking the economy. They are to the world economy what Pol Pot was to Cambodian society - the consequences do not matter and can’t be allowed to get in the way of the ideological objective(s).
You are finding the contradictions because the crusade isn’t really for Green energy.
price increases result from too much money or too few goods, thus either too much money or too few goods can cause inflation. the current inflation is NOT primarily a function of monetary policy [too much money] but a secular function of biden implementing the New Green Deal with across-the-board polices designed to destroy domestic fossil-fuel production ...
the resulting run-away energy prices are causing price increases because energy is THE primary input into everything that makes up modern living, including resource extraction, resource refining, manufacturing, transportation, farming, fertilizer and agricultural chemicals, food preservation, medical care, communications and telecommunications, computing, internet, online commerce, construction and construction materials, clothing, and heating and cooling ...
as a consequence, no amount of trying to “fix” the above inflation by raising interest rates will solve the underlying problem, but WILL instead simply crash the economy ...
While inflation currently has an energy component, and a large one, the seeds of inflation have been laid into the economy for many years, and was rising (as was oil) before Biden took office, with Fed easy money and historically low interest rate policies. The energy aspect, while maginfied by Biden’s policies, has merely brought the chickens home to roost sooner rather than later. Without Biden in office, we would still be seeing inflation and the need for the Fed to tighten the interest rates and unwind its own ballooned balance sheet. Biden has merely taken some bad situations and made them worse.
“If the Joe Stolen/”Que mala” Harris regime were TRULY concerned about making everything “green” in terms of converting everything to electric power, first make sure the capacity to generate the electric power is there in both quantity and reliability. “
Uh huh. IF they wanted to get out of Afghanistan the best way, they would have followed the negotiated plan set up by their predecessor, working the way out with strength, understanding, careful planning, grace.
But no, not them, not that way. Not even cut and run, but HACK carelessly at existing connections, needs and abilities with disastrous results. No real plan, absolutely no concern for the many involved and effected by the War on Fossil Fuels.
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