Green Energy: Doesn't Work
Examiner Editorial: Admit it, greens --- renewables can't power U.S. economy
Finally, finally, people are waking up to reality: Global warming is a (net) small problem and that 'green' energy cannot power the U.S. economy.
Big Green activists have taken their crusade against hydraulic fracturing to a number of state capitols for the same reason they oppose the Keystone XL pipeline. They want the fossil fuels that power the U.S. economy to remain in the ground, untapped. The fact that the ongoing natural gas boom is doing far more through market forces to reduce the use of coal than any government regulation is apparently irrelevant to them.
But the question they must answer is precisely how they propose to keep the American economy functioning until green power can actually replace fossil fuels. It is an important question, because renewable fuel cannot do the job – not even under the Obama administration's most optimistic projections.
The little discussed reality is that renewable energy cannot function without heavy subsidies in the form of producer and consumer tax credits, purchase mandates, and large loan guarantees to companies like the now-bankrupt Solyndra.
But this is only part of the problem. Not only are renewables (other than hydro-electric) already more costly than other energy sources, but there is also no serious chance they can expand sufficiently to produce the energy the economy needs now or for years to come.
The entire editorial is here.Addition:
And, sure enough, USA Today has an editorial on this topic today:
Is it fair to use climate policies to keep poor people poor?
Access to cheap and abundant power is one of the best ways to lift people out of poverty. Analyses show that there is a clear connection between growth and energy availability in Africa. Most spectacularly, China lifted 680 million people out of poverty over the past 30 years — not through expensive wind and solar, but through cheap, if polluting, coal.
It is immoral to use a speculative problem to keep people in poverty now.
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