The Atlantic Energy Article – Why are both of these articles so bad

What is up with these major news sources. Both the Christian Science Monitor and the Atlantic ditch alternative energies and go for coal or something more esoteric. They make it sound like alternative energies will be a failure.

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Dirty Coal, Clean Future

To environmentalists, “clean coal” is an insulting oxymoron. But for now, the only way to meet the world’s energy needs, and to arrest climate change before it produces irreversible cataclysm, is to use coal—dirty, sooty, toxic coal—in more-sustainable ways. The good news is that new technologies are making this possible. China is now the leader in this area, the Google and Intel of the energy world. If we are serious about global warming, America needs to work with China to build a greener future on a foundation of coal. Otherwise, the clean-energy revolution will leave us behind, with grave costs for the world’s climate and our economy.

By James Fallows

Image credit: Bryan Christie

Through the past four years I’ve often suggested that China’s vaunted achievements are less impressive, or at least more complicated, seen up close. Yes, Chinese factories make nearly all of the world’s consumer electronic equipment. But the brand names, designs, and most of the profits usually belong to companies and people outside China. Yes, China’s accumulated trade surpluses have made it the creditor for America and much of the world. But the huge share of its own wealth that China has sunk into foreign economies ties its fate to theirs. Yes, more and more Chinese people are very rich. But hundreds of millions of Chinese people are still very poor. Yes, Chinese factories lead the world in output of windmills and solar-power panels. But China’s environmental situation is still so dire as to pose the main threat not just to the country’s public health and political stability but also to its own economic expansion.

This report will have a different tone. I have been learning about an area of Chinese achievement that is objectively good for the world as a whole, including the United States. Surprising enough! And China’s achievement dramatically highlights a structural advantage of its approach and a weakness of America’s. It involves the shared global effort to reduce greenhouse-gas emissions, of which China and the United States are respectively the No. 1 and No. 2 producers, together creating more than 40 percent of the world’s total output. That shared effort is real, and important. The significant Chinese developments involve more than the “clean tech” boom that Americans have already heard so much about. Instead a different, less publicized, and much less appealing-sounding effort may matter even more in determining whether the United States and China can cooperate to reduce emissions. This involves not clean tech but the dirtiest of today’s main energy sources—coal.

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I know. Kinda leaves you hanging doesn’t it. Go there and read more.

More tomorrow.

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The Atlantic And Christian Science Monitor Both Run Major Energy Articles

First up the Christian Science Monitor.

http://www.csmonitor.com/Environment/2010/1108/New-energy-climate-change-and-sustainability-shape-a-new-era

New energy: climate change and sustainability shape a new era

A new energy revolution – similar to shifts from wood to coal to oil – is inevitable as climate change and oil scarcity drive a global search for sustainability in power production. But even the promise of renewable energy holds drawbacks.

New energy: climate change and sustainability will shape a new era in which renewable sources such as solar power will ultimately replace oil. A solarplant near Seville, Spain uses mirrors to concentrate the sun’s rays onto towers where they produce steam to drive a turbine, producing electricity.

Marcelo del Poso/Reuters

“Tonight I want to have an unpleasant talk with you,” a somber President Jimmy Carter said gravely into a television camera on an April night in 1977.


A series of oil embargoes and OPEC price hikes had hit the nation hard. Gasoline prices had tripled. Auto-dependent Americans had sometimes waited hours in line to buy the gasoline needed to get to work. The president, in an iconic fireside chat – in a beige cardigan – two months earlier had congenially urged Americans to turn thermostats down to 65 degrees F. by day, 55 by night.

But on this night, he ratcheted up his tone: Warning of an imminent “national catastrophe” and scolding Americans for selfish wastefulness, the president declared it time for Americans to curb consumption of oil, which he said had doubled in the 1950s and again in the ’60s – time to end their dependence on imports.

“This difficult effort will be the moral equivalent of war,” he said.

Mr. Carter created the Department of Energy. He called for energy conservation and increased production of coal and solar power. He installed solar panels on the White House.

But his vision – to push America and the world into a new energy era as significant as the shift from wood to coal that fueled the Industrial Revolution – never materialized.

Gasoline prices plummeted in the 1980s, removing the incentive to end oil imports. Driving returned to precrisis levels. Carter’s successor, Ronald Reagan, withdrew funding for renewable energies. And the White House solar panels were torn down.

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More tomorrow.

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Anyone Who Does Not Compost Is Part Of The Problem

No one and I repeat NO ONE should be throwing out food. Everyone can compost. If you can’t use the resulting dirt (everyone should have house plants if they value their health) then you can just throw it outside. It doesn’t matter if you live in an apartment in a urban center or a house in the country, the message is stop throwing food in the garbage. The problem starts at the store though. Please stop overbuying food…especially meat.

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http://articles.latimes.com/2010/nov/07/opinion/la-oe-bloom-food-waste-20101107

Help the planet: Stop wasting food

Producing it and then getting rid of leftovers require a lot of fossil fuel. Just taking a few simple steps can ease the problem.

Op-Ed

November 07, 2010|By Jonathan Bloom

Let me guess: You’re concerned about the environment. You recycle, buy the right light bulbs, drink from a reusable water bottle (preferably one made of metal) and wish you could afford a hybrid. You try to remember your reusable shopping bags when you go to the market and feel guilty when you don’t.

But there’s something you could be doing that would make a much bigger difference, and it’s not one of those really hard things like carpooling to work or installing solar panels on your roof.

All you need to do is minimize your food waste. If you buy it and bring it home, eat it. That alone is one of the easiest ways to aid the environment.

About 40% of the food produced in the United States isn’t consumed. Every day Americans waste enough food to fill the Rose Bowl. And our national food waste habit is on the upswing: We waste 50% more food today than we did in 1974.

Squandering so much of what we grow doesn’t just waste food; it also wastes the fossil fuel that went into growing, processing, transporting and refrigerating it. A recent study estimated conservatively that 2% of all U.S. energy consumption went to producing food that was never eaten. To give you a sense of perspective, every year, through uneaten food, we waste 70 times the amount of oil that gushed into the Gulf of Mexico during the three months of the Deepwater Horizon spill.

That waste of resources continues after we throw away food. There is the energy required to haul the discarded food to the landfill. And once there, food decomposes and creates methane, a greenhouse gas 23 times more potent a heat trapper than carbon dioxide. Landfills are the second-largest human-related source of methane emissions, and rotting food causes the majority of methane there. It’s climate change coming directly from your kitchen.

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America should be ashamed. More tomorrow.

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The Earth Is 50% Over Its Human Capacity – We have tapped our planet out

This is the start of part 3 of a 3 part essay on overpopulation and the finite resources that exist on this planet. The only one we have. Science fiction is nonsense. The Mars Mission is never going to happen because we have not solved the fundamental issues. Cosmic radiation is powerful and lethal. We have never found a way to block it. It causes cancer while you are on this planet where we are generally protected by 150,000 ft. of atmosphere, an ozone layer and a powerful magnetic field. Until we can duplicate that we ain’t going nowhere. Then there is the issue of speed. After Mars and Venus, even going full throttle (what ever that is) there is nothing near to us that wouldn’t require years of travel to get to.

So the ramifications of this multipart essay are important. It does come from a Peak Oil perspective so it has all the doom and gloom, survivalist type trademarks, but if you put that aside it is still important.

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http://www.swans.com/library/art16/ga290.html

The Economy Is Not Coming Back
Part III: The Reasons it Shouldn’t

by Gilles d’Aymery

Fundraising Drive: If rants appeal to you, dear readers, then turn your attention to MSNBC, Fox News, Antiwar.com, other news aggregators, and the myriad noisy outputs that emphasize either the status quo or some reactionary future. If not, and you wish to keep thinking about real matters like, say, working to change the socioeconomic system, and you consider that culture is an intrisic component of society, then Swans is directed to you. If a few original thoughts (and original work not found anywhere else) are your call, then Swans is for you. Understand the difference. Whether a donation of $5, $75, or $100, they all are welcome, but again — if our approach is worthy of your interest — you need to up the ante. $180 in the past cycle were much appreciated. Still it won’t be enough to keep Swans going in its current form. Please, friends and comrades, help us. We need another $1,700+ to keep providing you with real content. Do Donate now!

Many thanks to Brandon Haleamau, Dimitri Oram, and Philip Fornaci for their generous contributions.

Read the first part of this essay, “A Short History of the Maelstrom.”
Read the second part of this essay, “The Reasons it Won’t [come back].”

“This meeting is part of the world’s efforts to address a very simple fact — we are destroying life on Earth.”

—Achim Steiner, head of the U.N. Environment Program, Nagoya, Japan, October 18, 2010

“We are nearing a tipping point, or the point of no return for biodiversity loss. Unless proactive steps are taken for biodiversity, there is a risk that we will surpass that point in the next 10 years.”

—Ryu Matsumoto, Japanese Environment Minister, Nagoya, Japan, October 18, 2010 (1)

(Swans – November 15, 2010) The first part of this long essay presented an abridged history of the road to the current deep socioeconomic crisis that some observers had predicted, even though no one could pinpoint the exact timing of the implosion. The second part submitted that there are objective factors that explain why the economy is not going “to come back” any time soon. But, more importantly, profound and intensifying environmental and ecological crises militate in favor of not having the economy revert to the shape and form it had. Some of these crises are the object of this third part. In short, to return to business as usual will lead to collective suicide, which Mother Nature will trigger in the not so distant future.

According to the WWF (2) 2010 Living Planet Report, “human demand outstrips nature’s supply.” “In 2007,” the report states, “humanity’s Footprint exceeded the Earth’s biocapacity by 50%.” The Global Footprint Network (GFN) has calculated that on August 21, 2010, the world reached Earth Overshoot Day — that is, “the day of the year in which human demand on the biosphere exceeds what it can regenerate.” As GFN president Mathis Wackernagel stated: “If you spent your entire annual income in nine months, you would probably be extremely concerned. The situation is no less dire when it comes to our ecological budget. Climate change, biodiversity loss, deforestation, water and food shortages are all clear signs: We can no longer finance our consumption on credit. Nature is foreclosing.” Though these environmental organizations are promoting policies that are essentially based on demographic and increasingly economic Malthusianism — independent researcher Michael Barker has written in-depth analyses, particularly in regard to the WWF, in these pages (3) — they do acknowledge the gravity of the situation. As the WWF report states, “An overshoot of 50% means it would take 1.5 years for the Earth to regenerate the renewable resources that people used in 2007 and absorb CO2 waste. … CO2 and other greenhouse gas emissions from human activities are far more than ecosystems can absorb.” In other words, the world, or to be more precise, some parts of the world, over-produces and over-consumes natural resources that are being depleted at an exponential rate. That’s the main reason for not having US (and other rich nations’) households “spend again at pre-crisis levels.” (4) The socioeconomic paradigm built on capital accumulation, perpetual material growth, and financial profits for the infinitesimal few must be not just overhauled but buried, and replaced by an equitable new arrangement that takes into account all natural ecosystems.

Fossil fuels

Fossil fuels have been feeding the materialistic economic paradigm, whether under capitalism or socialism, since the early 1800s. Their use increased moderately between 1850 and 1950, thereafter shooting up like a rocket. (5)

According to the US Energy Information Administration, “in 2007 primary sources of energy consisted of petroleum 36.0%, coal 27.4%, natural gas 23.0%, amounting to an 86.4% share for fossil fuels in primary energy consumption in the world.” Today, worldwide transportation depends on oil for 90 percent of its needs. There is not one sector of the economy that is independent of fossil fuels. From 1990 to 2008 the global consumption of fossil fuels has increased as follows: oil: 25 percent, with a stabilization since the beginning of the economic crisis; coal: 48 percent; and natural gas: 54 percent. (6)

With these few facts in mind, where does the world stand in regard to fossil fuels?

Petroleum

Since the beginning of the current latent depression, as oil consumption has flattened or slightly decreased, the topic of peak oil has by and large disappeared in the mainstream media. Were it not for the Blogosphere (7) that keeps bringing facts of oil depletion to the fore, one would believe that everything is fine and dandy — and, anyway, the alarmists are deemed radicals (right or left) and as such are discounted. However, what to make of Charles Maxwell, a senior energy analyst at Weeden & Co. — certainly not a “radical” — who has written and talked extensively about The Gathering Storm? (8)

Or what about Robert Hirsch? Swans readers may recall Hirsch’s 2005 report “Peaking of World Oil Production: Impacts, Mitigation, and Risk Management” that was highlighted on January 29, 2007, in the dossier, “Energy Resources And Our Future,” by Admiral Hyman G. Rickover. In that report, Hirsch, an oilman par excellence, showed the dire challenges the world faces and how to possibly mitigate them. What happened to that report is best explained by Hirsch himself, which he did in a potent interview (in English) with the French Le Monde on September 16, 2010 (the report was shelved by both the Bush and Obama administrations).

Still, Hirsch remains adamant. In The Impending World Energy Mess, co-authored with Roger Bezdek and Robert Wendling (Apogee Prime, October 2010), Hirsch makes the case that oil production is on the decline; that no quick fixes are available; and that societal priorities will have to change drastically.

The research done by the British Chatham House, the UK Industry Taskforce on Peak Oil & Energy Security, the German military analysis, and other US military reports, like the “2010 Joint Operating Environment” (pdf) shows that oil-consuming countries are bracing themselves for the decline of oil and the risks of conflicts it will engender. But for a few scientists supported and financed by energy conglomerates and pro-growth lobbies, the scientific community has by and large reached the conclusion that the decline of oil was not reversible — a conclusion reached as early as 1998 by the Paris-based International Energy Agency though this crucial information was left out of its annual World Energy Outlook report under pressure from powerful players. (9) Keep in mind that peak oil does not mean the end of oil, as some doomsayers claim. It denotes the end of cheap oil on the one hand and on the other the physical (and economic) inability to find new reserves proportionately to the oil being consumed.

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Reading the whole 3 parts at one sitting can cross your eyes. I put up the parts that got me going as an energy guy. You can read the rest on your own at the site. Also the organization is asking for donations…I am not a regular reader of their stuff so whether they are worthy or not is up to you to decide.

More tomorrow.

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He Is Not A Survivalist – He just likes to do things the hard way

MY favorite quote that I shall only paraphrase is, I could just jump in the car and go to the store for a lot of this stuff..but.

http://www.straight.com/article-357270/vancouver/peak-oil-spurring-locals-selfsufficiency

Brennan Wauters believes that the world has reached peak oil production, and that learning how to do things such as grow your own food and fix household items will help you take care of yourself.
By Carlito Pablo, November 10, 2010

What if you woke up one day and found that the world as you knew it had ceased to exist? It’s a thought that has probably crossed the minds of many and perhaps been quickly dismissed by most as silly.

For Brennan Wauters, this prospect is real. That’s why he’s preparing for what he describes as a “collapse”.

From Wauters’s perspective, the game changer is peak oil. He believes that in the past five years, the world has reached the point of maximum production of oil, and that the supply of this fuel source is on the decline. One day, the pumps may run dry.

But the 42-year-old Vancouver man is not the type to hunker in a bunker. He isn’t storing food, buying gold, or stocking up on weapons to survive in a post-oil world.

“I’m more a survivalist in the sense that I think we have to be psychologically prepared,” Wauters said. “I concentrate on being able to do things with as little as possible. It’s also an exercise to me, like there’s many things that I could just go to the store for. But I deliberately take a harder route just to test my own capabilities, to give me confidence that whatever happens, everything will be fine.”

Learning to grow food is one of those things. Peppers were ready for picking when Wauters showed the Georgia Straight the vegetable plots at the East Side house where he lives with a number of other people. There were also chickens and honeybees out back.

“If there’s a general economic collapse, people are not going to have jobs,” he said. “So they’re going to have time on their hands. And that probably means growing food so that they don’t have to depend upon some larger infrastructure. That’s the clear objective.”

Wauters is also collecting books on edible and medicinal plants. That way, when the Internet is no longer working, he’ll have something to rely on for farming information.

He’s also learning “wildcrafting”, or methods of gathering food from the wild and living off the land. He likewise considers knowledge of canning and smoking food to be important.

Wauters builds sets for movie productions for a living, and that partly explains why he has a large collection of tools. He particularly values hand implements—drills, saws, and sets of screwdrivers—which he said will all be useful when power devices can no longer be plugged into wall sockets.

He can also fix a bicycle, noting that this human-powered conveyance will eventually become more valuable than the automobile.

According to Wauters, neighbours come to him to repair various broken household items. The house where he lives has a shed that stores numerous tools, such as pickaxes, shovels, and rakes.

“The survival aspect is really two things,” he said. “It’s a mental exercise which helps you cope with adversity, and then the other thing is that it prepares you to be creative. You have to be creative to solve those problems that we’re going to face. We can no longer run to the store to buy something to solve our problem.”

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More tomorrow.

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Wind Power From Lake Michgan – We want it…No we don’t

Why would wind energy generation on or in Lake Michigan be controversial? Well first there is the “Chicago Attack”. This will just benefit large cities. Then there is the “pristine view” attack. It will block my beautiful view of this beautiful lake on a beautiful day. Finally there is the, “sure it will create jobs….but not ones I will be qualified for”.

http://domesticfuel.com/2009/12/23/scandia-proposes-1000-mw-lake-michigan-wind-farm/

Scandia Proposes 1,000-mw Lake Michigan Wind Farm

28 Comments Posted by John Davis – December 23rd, 2009

A Minnesota company is proposing to build a massive wind farm in Lake Michigan, but some of the residents of Michigan, which has some of the highest unemployment rates in the country, still aren’t pleased about the project that would bring green energy and jobs to the economically distressed region.

The Detroit Free Press says that Scandia Wind, a Minnesota firm partnering with a Norwegian wind developer, wants to put up a 1,000-megawatt wind farm just offshore from the communities of Pentwater and Ludington:

Several companies have been sniffing out offshore wind farm possibilities in Michigan, but Scandia was the first to jump in and publicly announce its plans. The turbines would be visible all along the shore, which takes in Silver Lake and Mears state beaches, Little Sable Lighthouse and Pentwater Harbor.

The firm wants to build foundations on the lake bottom, which is owned by the citizens of Michigan, and place 100 to 200 turbines — 5 to 10 megawatts each — on top.

The total size would make the wind farm bigger than any proposed new coal plant in Michigan and nearly as large as the Fermi 2 nuclear plant.

Local residents say the wind turbines would ruin the view off their beaches and hurt tourism. Scandia officials point out that the $3 billion project would put people to work to the tune of at least 2 million man-hours.

COMMENTS

LakeShoreOwner

I attended the meeting in Ludington. Dirdal (Scandia Rep) said after the project was completed, only about 100-150 jobs would remain, and that national bidding for these positions wouldn’t guarantee they would be local. The skills for these jobs are not your garden variety skill sets.

I believe this project will only help those who need the energy and are willing to pay for it (Detroit and Chicago). Locally, aesthetically, and economically the Oceana and Mason residents will pay for it in lost property values and tax bases.

Julie Burdick

Wind turbines in Lake Michigan would lower property values and lower the tax base because the reason property values are high in this area is because of the access to the natural resources. This includes sailing, boating and fishing on the great lake and admiring the views from the beaches. This may work in Denmark etc. but it is not the reason people live and visit Pentwater and surrounding areas. Why should Pentwater bear the brunt of creating “green energy” for the surrounding metropolitan areas??

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OH then there is the coal, oil and gas push back – they are unreliable and costly.

Dustin

I thought this was interesting…..”Despite their being cited as the shining example of what can be accomplished with wind power, the Danish government has cancelled plans for three offshore wind farms planned for 2008 and has scheduled the withdrawal of subsidies from existing sites. Development of onshore wind plants in Denmark has effectively stopped. Because Danish companies dominate the wind industry, however, the government is under pressure to continue their support. Spain began withdrawing subsidies in 2002. Germany reduced the tax breaks to wind power, and domestic construction drastically slowed in 2004. Switzerland also is cutting subsidies as too expensive for the lack of significant benefit. The Netherlands decommissioned 90 turbines in 2004. Many Japanese utilities severely limit the amount of wind-generated power they buy, because of the instability they cause. For the same reason, Ireland in December 2003 halted all new wind-power connections to the national grid. In early 2005, they were considering ending state support. In 2005, Spanish utilities began refusing new wind power connections. In 2006, the Spanish government ended — by emergency decree — its subsidies and price supports for big wind. In 2004, Australia reduced the level of renewable energy that utilities are required to buy, dramatically slowing wind-project applications. On August 31, 2004, Bloomberg News reported that “the unstable flow of wind power in their networks” has forced German utilities to buy more expensive energy, requiring them to raise prices for the consumer.”

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Bunch of crap if you ask me. More tomorrow.

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Diabetes And Pollution – Another reason to save energy

I have tried to get people to save energy at home to save money. You always will. I have tried to get people to save energy to avert global warming. I have tried to get people to save energy to be modern. You know better appliances equals a better life. But now there is a health advantage as well.

http://www.medicalnewstoday.com/articles/203295.php

Pollution Levels Constantly Linked To Diabetes Risk

rate icon Editor’s Choice
Main Category: Diabetes
Also Included In: Water – Air Quality / Agriculture
Article Date: 02 Oct 2010 – 10:00 PDT

Scientists have found compelling evidence of a link between adult diabetes and pollution levels – when particulate air pollution is higher, diabetes risk goes up, even after taking into account such factors as ethnicity and obesity rates, according to an article published in Diabetes Care. This study was carried out by researchers from Children’s Hospital Boston and Harvard Medical school. The study focused on adult diabetes prevalence, meaning diabetes Type 2.

The fact that higher pollution usually means more cars, which could mean less physical activity, which might lead to higher obesity levels, resulting in higher diabetes rates were factored into this study – in other words, the scientists found a direct link between pollution levels and diabetes risk, after taking into account these variables which may occur in high pollution areas.

This is one of the first large-scale population based studies to detect an association between diabetes rates and levels of air pollution, the authors write. It corroborates previous studies which found a link between higher insulin resistance and particulate exposure among laboratory mice.

The investigators concentrated their attention on fine particulates of 0.1 to 2.5 nanometers, or PM2.5, which is commonly found in motor vehicle exhaust fumes, haze and smoke.

John Pearson and John Brownstein, PhD, of the Children’s Hospital Informatics Program and team gathered data on PM2.5 pollution in every country in mainland USA (not including Alaska) from the EPA (Environmental Protection Agency) for 2004 and 2005.

They combined the EPA information with data from the US Census and the CDC (Centers for Disease Control and Prevention) to establish adult diabetes rates, as well as adjusting for obesity, physical activity, geographical location, population density and ethnicity – known risk factors for diabetes.

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Clear the air and we are all healthier. More tomorrow.

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Cap And Trade Rises From The Ashes – It made it into the Senate

It’s Jam Band Friday – http://www.youtube.com/watch?v=LJ16hEpB_Sk

Conventional post election wisdom has the Cap and Trade legislation being declared dead. But, it is sitting in a Senate that the Democrats control. Will they bust it lose during the end of the year session. Who knows, but I think the issue will not go away so sooner or later something will have to be done. I mean Russia caught on fire. How much more does it take than that.

http://www.washingtontimes.com/news/2010/nov/4/clean-coal-is-as-dead-as-cap-and-trade/

MILLOY: Clean coal is as dead as ‘cap-and-trade’

Mitch McConnell had better study up on the election results

By Steve Milloy-The Washington Times

While we shouldn’t expect our left-wing elitist president to understand Tuesday’s electoral rejection of his “progressive” prescriptions for America, we should expect Senate Minority Leader Mitch McConnell, Kentucky Republican, to get it.

But Mr. McConnell seems to have missed the message, at least when it comes to “cap-and-trade” – odd for a coal-state politician. The day after the election, Mr. McConnell said, “The president says he’s for nuclear power. Most of my members are for nuclear power. The president says he’s for clean coal technology. Most of my members are for clean coal technology. There are areas that we can make progress on for the country.”

Aside from the canard of President Obama sincerely supporting nuclear power and the fact that Republicans ought to avoid the loaded and already co-opted-by-the-left word “progress,” so-called “clean coal” is a form of Obama-think – a discredited cap-and-trade concept that was more trap than sincere policy.

Some in the coal industry and some coal-burning electric utilities had been talked into supporting cap-and-trade, provided that taxpayers and ratepayers forked over billions (if not trillions) of dollars for so-called “carbon capture and sequestration” (CCS) – that is, burying utility carbon-dioxide emissions deep underground and hoping they stay there safely.

But to the extent that any so-called environmentalists paid any lip service to clean coal and CCS, it was only to lure coal and utility suckers into cap-and-trade. Does anyone really believe, after all, that the greens would allow utilities to inject underground billions of tons of highly pressurized carbon dioxide all over the nation? They fought tooth-and-nail, after all, to prevent the storage of sealed casks of spent nuclear fuel one mile underground in the Nevada desert.

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http://www.youtube.com/watch?v=Vm-pFqdqcZY&feature=related

Which would they prefer, a tax on carbon? This guys lists all the reasons for cap and trade mechanisms to be set up by the Federal Government and heavily policed by the Federal Government. Nonetheless he likes carbon taxes because they supply more stability. But his belief that it won’t be passed on to the customer is asinine.

http://www.youtube.com/watch?v=RSJdjb6K5i4&feature=fvw

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http://www.greenchipstocks.com/articles/cap-and-trade-legislation/810

Cap and Trade Legislation is Fatally Flawed

My First Ever Mea Culpa

By Nick Hodge
Tuesday, April 13th, 2010

We may never see cap and trade in this country.

Those are words I never thought I’d write.

In fact, I’ve been touting the benefits of a cap and trade market since 2007. But new ideas, unraveling facts, and recent events have changed my thinking.

So today, I’m publishing my first ever mea culpa.

Cap and Trade Legislation is Fatally Flawed

My First Ever Mea Culpa

By Nick Hodge
Tuesday, April 13th, 2010

We may never see cap and trade in this country.

Those are words I never thought I’d write.

In fact, I’ve been touting the benefits of a cap and trade market since 2007. But new ideas, unraveling facts, and recent events have changed my thinking.

So today, I’m publishing my first ever mea culpa.


Carbon Should Still be Priced

To be clear, I’m not saying that carbon shouldn’t have a price. By all means, it should.

What I’m saying is that cap and trade isn’t the way to implement it.

At the end of the day, carbon dioxide is a harmful waste product that needs to be handled. Companies don’t get free passes for treating and disposing of other waste streams their businesses generate. Why should carbon be any different?

Not charging companies for emitting carbon is giving them free reign over something they cannot and will not ever own: the atmosphere.

We don’t let companies freely dump waste into rivers or lakes… We don’t allow companies to dump waste in forests… So why, then, are we still letting companies dump a known pollutant into the atmosphere unchecked?

This is why everyone speaks of how cheap coal is. It’s not really that cheap, we just don’t include the price of carbon in its costs.

Carbon isn’t a business externality — meaning, companies that produce it can shift the cost to society — and it can no longer be treated as such.

The Trouble with Cap and Trade

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You can go to the article for the rest. I personally support a carbon tax. But I have always said that Cap and Trade is what we get because high finance wants it that way. More Monday.

http://www.youtube.com/watch?v=wdAhR-c–20&feature=related

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The ANWR Is Nothing But One Giant Dry Hole

Oil People are nothing but proven liars. There is always “oil down there” they tell investors. But only 10 or 20 of the holes they drill actually produce any oil, so is it any wonder that they are unprepared when they come in? Especially in the case of the Gulf Spew if they come in violently.

http://www.fcnp.com/commentary/national/7696-the-peak-oil-crisis-the-leading-edge.html

The Peak Oil Crisis: The Leading Edge

By Tom Whipple
Wednesday, November 03 2010 01:01:22 PM

Do you remember the furor over drilling for oil in the Alaska National Wildlife Refuge a few years back? The whole country was up in arms. At various times some 50 to 60 percent of Americans favored drilling in the area as they were told this would result in lower gas prices.

Last week the USGS lowered its estimate of the amount of oil that could be extracted from the region all the way from 10 billion barrels down to less than one billion, making drilling in the area uneconomical. By the way, the amount of crude being pumped down the Alaskan pipeline now has fallen from 2 million barrels a day (b/d) when the pipeline first opened back in the 1970’s to about 600,000 b/d in recent weeks. The trouble is that when the flow of oil falls below a quantity estimated to be 200-300,000 b/d (some say 500,000) the line will have to be closed as there will simply not be enough hot oil being sent down the pipeline to keep it from freezing in winter.

Last week an organization in California, The Post Carbon Institute, released a new book, “The Post Carbon Reader,” which draws a much broader picture of the serious issues facing mankind. With 30 authors, each specializing in some aspect of the multiple troubles we face, the scope of the book touches on nearly every aspect of our civilization that is out of balance, unsustainable, and headed for a fall. The basic proposition of the book is that the world has reached the limits of growth in terms of its population, economic activity, and the ability of the atmosphere to absorb more carbon emissions. Either the world’s peoples must transform themselves into a sustainable number living in a sustainable manner or there will be many dire consequences right up to the possibility that the human race itself could become extinct. Clearly, this is serious stuff.

As long as a problem is perceived as being decades, or even a few years away, it is not a concern.

Some hold that our sustainability problem started when we first started planting crops and domesticating animals 10,000 years ago. This thesis says if we had stuck with hunting and gathering as a race we would have been able to sustain our act indefinitely, but then we would never have had enough surplus energy to learn reading & writing, and to build cities, the Internet and space ships. Our immediate problem, however, started in earnest with the industrial revolution about 200 years ago when we first started digging up prodigious quantities of coal and feeding it into steam engines. It wasn’t long before we struck oil and the rest is history. The world’s population went from an estimated 5 or 10 million when we first started farming, to a billion when we started serious coal digging, to about 7 billion today. We also got incredibly richer in terms of material goods and could sure get around much faster.

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More tomorrow.

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