Obama’s Wishful Thinking on Green Energy
From The Washington Times
By Paul Driessen
Wishful thinking guides today’s federal energy policymakers. The Obama administration is now exploring ways to exert control over hydraulic fracturing technology that has increased U.S. petroleum production — despite federal leasing and drilling delays and moratoriums — even though the states have successfully regulated the practice for decades.
The administration lavishes billions of taxpayer dollars on sun, wind, wave, algae and cornfield energy that they hype and hope will replace fossil fuels. They ignore health and environmental laws in order to green-light these favored technologies, overlooking killed birds and bats, the impact to scenic and wildlife habitats, and harm to people’s well-being from wind turbines, rising energy costs and high unemployment resulting from their actions.
Other policies tilt the playing field against sources they fear and loathe, especially hydrocarbons that provide 83 percent of all U.S. energy, versus 2 percent for biofuel and 1.4 percent for wind and solar.
Whereas renewable energy schemes and scams require tens of billions in annual taxpayer and consumer subsidies, hydrocarbons generate millions of jobs and hundreds of billions of dollars annually in royalties, taxes and economic activity. Yet the administration continues to throw senseless obstacles in the path of fossil fuel production and hinder proposals for a pipeline that would carry Canadian oil to American refineries.
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