Showing posts with label Harry Reid. Show all posts
Showing posts with label Harry Reid. Show all posts

Thursday, July 22, 2010

It’s Really About Controlling Our Lives ... Paul Driessen


It’s really about controlling our lives
“Low carbon fuel standards” mean higher costs, few environmental benefits and less liberty
Paul Driessen
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Within days, Majority Leader Harry Reid intends to bring sweeping energy and climate legislation to the Senate floor. He won't call it cap-and-trade or cap-tax-and-trade, and certainly not a carbon tax.

“Those words are not in my vocabulary,” he says. “We’re going to work on pollution.”
Senator Reid’s twenty-pound bill will be laden with lofty language about “clean energy,” energy conservation, “green jobs,” reducing “dangerous” power plant emissions, ending our “addiction” to oil, creating a renewable economy, and saving the planet from “imminent climate disaster.”
Environmental euphemisms aside, however, the legislation is really about imposing national “low carbon fuel standards” (LCFS) and forcing dramatic reductions in the use of oil, natural gas and especially coal. It would expand on existing laws, regulations and decrees, like the Environmental Protection Agency’s ruling that carbon dioxide somehow “endangers human health and welfare,” EPA’s June 30 invalidation of flexible air quality permits for Texas refineries, Interior Secretary Salazar’s offshore drilling moratorium, multiple state and federal renewable energy standards and mandates, and various state and regional “greenhouse gas initiatives” that restrict emissions from power plants and industrial facilities.

The EPA, Energy Information Administration, White House and Mr. Reid insist that America can easily limit hydrocarbon use and switch to “eco-friendly” wind, solar and biofuel energy – at low cost and minimal harm to families, businesses and jobs. However, their self-serving, other-planet claims are flatly contradicted by a host of studies by reputable analysts with a solid history of integrity and accuracy.

The most recent is a June 17 report by Charles River Associates, examining the “Economic and Energy Impacts Resulting from a National Low Carbon Fuel Standard.” Prepared for the Consumer Energy Alliance, the study looked only at transportation fuels. (Including coal for electricity generation and other uses would dramatically increase its cost estimates.)
Nevertheless, the study found that national standards implemented in 2015 would:
* Increase average gasoline and diesel prices by up to 80% in five years, and 170% within ten years – sending regular gasoline prices soaring to nearly $5 per gallon by 2020 and $7.50 per gallon by 2025 (assuming other international price pressures remain unchanged);
* Spur sharp cost increases for petrochemicals in plastics, pharmaceuticals and other vital products;

* Reduce employment and consumer demand significantly, by increasing the cost of transporting people, equipment, supplies, raw materials, food and finished products – for work, school, healthcare, business, manufacturing, vacation and other purposes;
* Cut business investment by $200-320 billion annually, compared to the no-LCFS baseline;
* Slash gross domestic product by $410-750 billion annually by 2025;
* Cost 2.3 million to 4.5 million American jobs, including up to 1.5 million in manufacturing and 3.0 million in the service sector; and
* Force household purchasing power downward by $1,400 to $2,400 for a family of four by 2025 – impacting minority, elderly and other low and fixed income families worst of all.

None of this should be surprising. As President Obama himself has said, the very purpose of energy and climate policies like LCFS is to ensure that prices “necessarily skyrocket.” It is to force people to use less fuel, compel companies to change power generation and use practices, drive coal companies and utilities out of business, and force the development of new fuels and technologies that may or may not work.

All on the premise that we waste energy and are causing a planetary meltdown. Climate change is real, and has been since the dawn of time. But there is no consensus and no evidence that carbon dioxide is the primary factor in global warming and cooling, or that humans are causing a climate disaster. Assertions, assumptions and computer models are not evidence, and cannot justify what Harry Reid is pushing.

Restricting, taxing, regulating and penalizing the hydrocarbon fuels that provide 85% of America’s energy would severely hobble our free enterprise system and impact jobs, families, living standards, and basic rights to life, liberty and the pursuit of happiness. Doubling the price of electricity in our industrial heartland – where coal provides 50-95% of all electrical power – would kill millions of jobs, and send millions of families into fuel poverty.

Renewable energy is intermittent, unreliable, land and raw materials intensive, and unsustainable without government mandates and constant infusions of “other people’s money” in the form of subsidies. Navy Secretary Ray Mabus might be ecstatic that an F/A-18 fighter jet recently flew on biofuel av-gas. But brewing $65-per-gallon fuel from camelina is hardly sustainable, even for the Defense Department.

As to the great utopian vision of “green jobs,” Spain’s subsidy-driven wind turbine industry cost the country 2.2 jobs for every eco-job it created, according to studies by Dr. Gabriel Calzada. And when the global recession hit, the subsidies dried up, the turbine-making jobs disappeared, and hundreds of wind and solar companies were driven to the precipice of bankruptcy.

Wind turbines, solar panels and electric cars require “rare earth” metals. America’s probable deposits are locked up in wilderness areas, which leaves China as the world’s predominant producer. So the bulk of the green manufacturing jobs will be in China – while we will get the temp jobs hauling, assembling and installing components made in the Middle Kingdom and shipped to the United States.

Thus, China, India and Brazil will continue to surge forward on plentiful coal and metals, cheap labor, affordable electricity, a can-do attitude, laxer environmental standards, and a rational refusal to accept legally binding carbon dioxide reductions. Thus, even if the USA went cold turkey, and completely shut down all greenhouse-gas-spewing factories, homes and cars, these developing country emissions would overwhelm our sacrifices within a few months, and atmospheric CO2 levels would continue to rise.

And for what? Cars and power plants are already 90% cleaner than their 1970s era predecessors. Climate change is moderate and primarily natural. Mr. Reid’s formula is all pain, for no environmental gain.

Even bright high school students understand this. US senators certainly ought to. But Harry Reid is hoping 60 do not. That’s the magic number he needs to regulate not just one-sixth of our economy (the healthcare sector), but 100% – because nothing happens without abundant, reliable, affordable energy. And enacting any form of fuel rationing legislation will put Congress and bureaucrats firmly in charge of our lives, liberties, hopes, dreams and rights.

Either Mr. Reid’s cadre doesn’t understand these basic facts – or they are so blinded by power, ambition, ideology and desire to control that they willfully ignore them.
Climate change truly is a huge moral issue. What the Political-Activist-Industrial Complex is doing in the name of preventing climate change and creating a green economy is un-American and immoral. Applied to poor countries, to restrict their access to abundant, reliable energy, it becomes lethal and inhumane. It can no longer be tolerated.

Be alert. Speak out. And beware of energy and climate dictators and charlatans, and any lame duck session that may come after citizens vote to replace many of the control freaks on Capitol Hill.
Paul Driessen
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Paul Driessen is senior policy advisor for the Committee For A Constructive Tomorrow (http://www.cfact.org/) and author of Eco-Imperialism: Green power - Black death.

Thursday, April 01, 2010

Resign! Repeal! Renew! ... Alan Caruba



Resign! Repeal! Renew!
By Alan Caruba
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The salvation of America now depends on forcing President Barack Obama to resign, repealing the appalling healthcare bill that is now the law of the land, and renewing a full measure of financial prudence to the conduct of the nation’s public affairs and obligations.

The numbers are now irrefutable. The huge debt the United States faces, along with the collapse of Social Security (now paying out more than it takes in) and Medicare, will sink our ship of state unless reversed and quickly.

The deadly trio of Obama, Pelosi and Reid, along with the brain-dead Democrats in Congress threaten the very existence of the nation. I am concerned that waiting until the November elections will be to wait too long. I no longer believe their agenda to be merely partisan politics. I believe theirs is a deliberate effort to destroy the nation.

The practical actions that must be pursued as soon as possible include a legal challenge to the president’s place of birth, an effort he has reportedly fought with an expenditure exceeding a million dollars. A challenge must be made to the healthcare bill which legal scholars deem to be clearly unconstitutional.

The trio cited is preparing to pass a Cap-and-Trade act, a huge tax on all energy use, and an amnesty for millions of illegal aliens. The result of this will be to create a surge of more illegals and an even greater burden on all public services and welfare programs.

Porter Stanford, publisher of an investment advisory, has issued a frightening analysis. “My concern is the U.S. already has more debt than it can afford, which puts it at an enormous risk of a debt and currency collapse.”

Discussing debt service, the amount of interest that must be paid on borrowed funds, Stanford warned that, “Right now, the federal government takes in roughly $1 trillion in income taxes and a much smaller amount of money in other fees, duties, etc. The government takes in another $1 trillion from Social Security and Medicare taxes, but it spends more currently on these programs than it takes in. So, as a result, this revenue can’t factor into our analysis of debt service.”

Noting that the official number regarding federal debt at the end of 2009 was $11.8 trillion, Stanford predicts that “By the end of Obama’s first presidency (2013), I believe the U.S. will owe roughly $17.8 trillion in federal debt, $2 trillion in GSE debt/guarantees, $500 billion in FDIC obligations, and $500 billion in FHA obligations. My only big assumption is $1.5 trillion in additional deficits each year, which is what the president’s budget also predicts.”

Just to meet the debt service, “That would equal $1 trillion in interest payments due, per year. That’s 100% of all income taxes paid in 2009.”

The vast majority of Americans are already well aware of the financial crisis that is being deliberately brought about at the direction of the president. The results of a USA Today/Gallup poll released on March 30 revealed that “Nearly two-thirds of Americans say the health care overhaul signed into law last week costs too much and expands the government’s role in health care too far.” Robert Samuelson, writing on March 29th in The Washington Post, noted that on March 15th Moody’s Investors Service, a bond rating agency, warned that “The exploding U.S. government debt could cause a downgrade of Treasury bonds.” Despite this, the House of Representatives passed the costly health care legislation a week later! “Obama and his allies sowed the seeds (of financial collapse) because they ignored conspicuous warnings.”

“Let’s be clear,” wrote Samuelson, “A ‘budget crisis’ is not some minor accounting exercise. It’s a wrenching political, social and economic upheaval.”

By whatever legal means possible, the president must be required to resign, the healthcare legislation must be repealed, steps must be taken to salvage Social Security and Medicare, and the nation’s debt crisis must be addressed before the U.S. is forced to default. When that happens, there will be worldwide repercussions that portend a global financial armageddon.
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Alan Caruba blogs daily at http://factsnotfantasy.blogspot.com/. An author, business and science writer, he is the founder of The National Anxiety Center, a clearinghouse for information on “scare campaigns” intended to influence public opinion and policies.

© Alan Caruba, 2010