Iain Murray of the Competitive Enterprise Institute puts President Obama’s comments about coal cited below into broader context and asks the reasonable question, “Does Anyone Understand Energy Policy These Days?” Especially since purported supporters of alternative energy really aren’t:
Meanwhile, all those renewable-energy projects that we were promised from the stimulus look like never being built if the environmental movement (you know, the guys pushing for them) have their way. Senator Feinstein is blocking a solar project in the Mojave Desert because of damage to the local tortoise population. I’m going to shock everyone by quoting Gov. Schwarzenegger approvingly:
If we cannot put solar power plants in the Mojave desert, I don’t know where the hell we can put it.
Similar story with wind power in the west. Yet even if the environmental movement weren’t blocking everything, we couldn’t get where they want to be their way. Even Steven Chu recognizes that the technology will require Nobel-caliber breakthroughs. Yet they aren’t going to keep the lights on in the short term, when electricity becomes too expensive as Obama’s cap-and-trade or regulations hit.
Henry Payne, writing at Planet Gore, adds more weight to the ball of confusion, “The Coming Green Burden“:
What one hand giveth, the other taketh away. The federal stimulus bill will reportedly net the average American $13 a week. Today, Michigan’s two major utilities announced that federal green emissions mandates will in part necessitate an 11 percent electric rate hike this year — or approximately $10 a month to the average Michigander.
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