Our Don Quixote Energy Policy

Apparently the administration isn’t watching what is happening in the Middle East. While we could be in a critical situation at any moment if the Suez Canal is shut down or we can’t get oil from that region of the world, the Obama administration is dilly-dallying around with wind.

You might, like me, think that we should have an “all of the above” energy policy, and that includes wind and solar and anything else that is economically feasible. Unfortunately, wind and solar aren’t economically feasible. They receive heavy subsidies at all levels. Yet we insist on putting money into these marginally productive energy sources while ignoring drilling for oil and natural gas. This makes no sense.

As the article, linked below, says:

After decades of subsidies, wind provides only 1% of our electricity, compared with 49% for coal, 22% for natural gas, 19% for nuclear power and 7% for hydroelectric. To replace natural gas’ 22% with wind would require building 300,000 1.5-megawatt turbines occupying an area the size of South Carolina. Again, ask the NIMBYs where they want them.

During this time of very limited resources, you’d think we’d be putting our resources into those energy sources that are proven and don’t require millions in subsidies to make them feasible.

From Investors.com, (Inevstors Business Daily)

Tilting once again at windmills, the Interior Department has announced that it’s fast-tracking wind farms off four Atlantic states. Now, if they were oil rigs, we might actually get some real energy.

While vast reserves of oil and natural gas lie undeveloped off both coasts and in the eastern Gulf of Mexico, barred from development by federal edict for the next seven years, the obsessive pursuit of green energy continued on Monday.

Energy Secretary Steven Chu and Interior Secretary Ken Salazar, architects of the economy-killing administration war on fossil fuels, said the Obama administration would speed the development of offshore wind farms, with a goal of issuing leases off four Atlantic Coast states by year-end.

“The mid-Atlantic Wind Energy Areas are a key part of our ‘Smart From the Start’ program for expediting appropriate commercial-scale wind-energy development in America’s waters,” Salazar said.

The areas, on the Outer Continental Shelf off the coasts of Delaware (122 square nautical miles), Maryland (207), New Jersey (417) and Virginia (165), will receive early environmental reviews that will help cut the time required for review, leasing and approval of offshore wind turbine facilities.

Read the rest here: Our Don Quixote Energy Policy




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