The Detroit Free Press Insists That The Oil Leak In The Gulf Is Reason To Pass Cap And Trade

The Detroit Free Press (Detroit’s more Liberal News Paper) has published a rambling op-ed urging Obama and his economic wrecking crew to end our addiction to “fossil fuel” because of the oil leak in the gulf.

Via the aforementioned Freep:

A logical nexus

Opponents contend that Obama is mixing apples and oranges by conflating climate change legislation with his campaign to reduce reliance on oil. But the president is merely connecting the dots. Projections indicate the Kerry-Lieberman bill would accelerate the transition from fossil fuels. A study by the Peter G. Peterson Institute for International Economics suggests the bill’s mandates for alternative fuels and more efficient vehicles would reduce oil imports by one-third over the next quarter century.

To start with, we derive much more than gasoline for our cars from oil. Everything from fertilizer for our crops to light weight plastics for automobiles are manufactured from plastics. As I posted previously, our entire economy is based on oil and adding  windmills and solar panels is not going to change that.

And we use very little petroleum to generate electricity

And moving to large scale electric vehicle use will shift the problem from importing foreign petroleum (mainly from Canada and Mexico) to importing foreign lithium form places like Bolivia.

Furthermore nations that have made big pushes for ‘green energy’ have found it not economically viable. Spain, Denmark, The U.K.,  Germany and even China have found that green energy will not pay for itself:

Another big myth is the ‘green energy’ will create ‘green jobs.’ The reality is that ‘green energy’ creates heavily subsidized jobs:

Growth Energy, an industry lobby group, says increasing the percentage of ethanol blended into the U.S. gasoline supply would create 136,000 jobs. But an analysis by the Environmental Working Group found that no more than 27,000 jobs would be created, and each one could cost taxpayers as much as $446,000 per year. (emphasis added)

What a deal.

While Granholm is bullish on wind power, Energy companies in China are finding that even with their significantly lower cost structures, lax environmental regulations, free land and nearly perfect wind conditions, they can’t turn a profit:

No wonder the Detroit Free Press, with a political agenda substituting for an editorial perspective, can’t afford to publish a paper every day.

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