By Stephen Moore • Investor’s Business Daily
If you listen to the media narrative on climate change and “clean energy,” you’d think that the rest of the world has moved smartly and seamlessly toward 21st century green energy, while the U.S. is the high-polluting laggard that just won’t get with the program to save the planet.
The Green Energy revolution around the world has turned into a Big Green meltdown with many nations sprinting away from “renewable” energy as if they were Usain Bolt.
Here are a few of the latest news flashes from Europe and Asia.
In Germany, the world leader in green energy, electricity prices have now reached a level triple those paid in the United States. See chart. Imagine the anger here if middle class Americans saw a tripling of their utility bills each month. Continue reading
by John Stossel • Fox News
Thanks, Environmental Protection Agency! You’ve required sewage treatment plants, catalytic converters on cars and other things that made the world cleaner than the world in which I grew up. Good work.
Today, America’s waterways are so much cleaner that I swim in New York City’s once-filthy Hudson River — right beside skyscrapers in which millions of people, uh, flush. The air we breathe is also cleaner than it’s been for 60 years.
In a rational world, environmental bureaucrats would now say, “Mission accomplished. We set tough standards, so we don’t need to keep doing more. Stick a fork in it! We’re done.”
OK, I went too far. America does still need some bureaucrats to enforce existing environmental rules and watch for new pollution problems. But we don’t need what we’ve got: 16,000 environmental regulators constantly trying to control more of our lives. EPA should stand for: Enough Protection Already. Continue reading
by Peter Roff • US News & World Report
America is about as likely to become reliant on green energy to meet its baseload power requirements as a unicorn is to stroll down the middle of Washington’s Pennsylvania Avenue during rush hour followed by a pink elephant.
It’s just not happening – but that’s hasn’t deterred the modern day snake oil salesmen and their allies inside the Obama administration from continuing to make a push for wind and solar power as an eventual replacement for energy generated from traditional sources like coal, oil and natural gas. Renewable technology has improved, no doubt, but it’s a long way away from being ready to make a substantial contribution to the heating of our homes and the powering of our businesses unless the generous tax subsidies that create the illusion of cost competitiveness continue.
There’s nothing wrong per se with the pursuit of renewable energy; it’s just that what it actually costs is being masked by taxpayer subsidies, federal loan guarantees and renewable fuels mandates at the state level that force power companies to put wind and solar into the energy mix, sometimes at two to three times what traditional power costs. Ultimately, one way or another, the taxpayers and energy consumers are footing the bill even if they don’t know it. Continue reading
More people are employed in green energy than in fossil fuel energy. So says Senator Sheldon Whitehouse (D-R.I.) in a recent speech, relying on numbers generated by researchers at the Brookings Institute and other places. Before the speech disappears down the memory hole, lets look a little bit at what these numbers mean.
It isn’t at all what the good Senator implies.
First off, while the numbers have been challenged by the usual suspects in the fossil fuel industry, let’s stipulate to them: Green energy employs 2.7 million people; only 2.4 million are employed in fossil fuels.
What the Senator doesn’t realize is that employing a lot of people is not the goal of energy production. We could employ a lot more people to supply energy if we went back to burning wood. Think of all the people we could employ to plant the trees, cut them down, chop them up, and deliver them to houses by horse-drawn carts. And instead of running air conditioners, we would employ a lot more people if we hired menials to wave palm fronds over us. Continue reading
by Andrew Stiles
President Barack Obama appears to be doubling down on his policies of using taxpayer money to finance green energy investments despite an increasingly spotty track record.
“We’ve got to control our own energy, you know, not only oil and natural gas, which we’ve been investing in, but also, we’ve got to make sure we’re building the energy source of the future, not just thinking about next year, but 10 years from now, 20 years from now,” he said during Tuesday night’s presidential debate. “That’s why we’ve invested in solar and wind and biofuels, energy-efficient cars.” Continue reading