Wednesday, November 24, 2010

Energy Fuels America's Success : More Now, Less Later

Just as the UN continues to run up the flag for global warming even as this has been shown to be a lie, the 'green' crowd continues to push for more regulation on fossil fuel development in favor of solar, wind and bio fuels. As in global warming, the facts show green technology is far from being able to produce adequate amounts of energy to support our industrial and domestic needs

One has to question just what are the motives of the green movement? Common sense says they have no idea what makes industry run and what it costs to keep it running. Do the 'greenies' know just how many people heat and cool their homes with fossil fuel electrical generation? Also, just who will take responsibility for the collapse of the economy if we all adapt the green energy agenda when it fails to support our needs?

There have been many article on this subject detailing how the 'green agenda' will fail and just who is actually behind the demands for more wind and solar and to stop searching for more fossil fuels in America. The result of these articles shows those that demand America to stop being exceptional are the same people that help destroy Europe in the late twentieth century.

Guess who!


Disarmament in America's Energy Security Battles
Source: Larry Bell, "Disarmament in America's Energy Security Battles," Forbes, November 18, 2010.

Development of abundant power and fuel sources is being restrained by regulatory headlocks in favor of much higher-cost "renewable" and "green" alternatives with relatively scant capacity prospects, says Larry Bell, a professor at the University of Houston.

The European Union, which like the United States relies heavily upon coal and oil, has found little salvation through enormous investments in renewable alternatives.
A report from Spain discredited the notion of wind power as a job creator, a claim touted by the Obama administration.

Researchers at King Juan Carlos University concluded that every "green" job created by the wind industry eliminated 2.2 jobs elsewhere in the Spanish economy. The researchers also found that when a government artificially props up the industry with subsidies, higher electrical costs (in Spain's case 31 percent) and tax hikes (5 percent) along with government debt follow.

Every job created was estimated to cost $800,000 to create, and 90 percent of these were temporary.

The researchers specifically presented lessons for the United States, warning that potential "self-inflicted wounds" could cost our country 6.6 million jobs if we follow Spain's example.
The European Commission has finally concluded that nuclear power offers the only clean energy solution that can avert a rapidly approaching energy crisis. Even formerly antinuclear Italy, weary of paying the highest electricity prices in Europe, plans to begin building nuclear plants, says Bell.

Long neglected, expansion of nuclear infrastructure development (which currently provides about 20 percent of U.S. power), is an inevitable priority here as well. Such initiatives are being hampered by regulatory and permitting processes, and also by a lack of safe waste storage accommodations.

Let's heed lessons from Europe's failed green adventures:

Develop all practical energy alternatives, but let free markets, not government, pick the winners, says Bell.

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