By Alan Caruba
It is the crime of the century that America, home to some of the world’s greatest reserves of coal, natural gas and oil, is being deliberately destroyed by the Environmental Protection Agency and the Department of the Interior as they do everything in their power to restrict access and drive energy producers out of business.
It is common sense that a nation that cannot produce sufficient electricity to turn on its lights and power its manufacturing sector will be destroyed if current Obama administration regulations and actions continue. Our vital transportation sector and all others that utilize petroleum-based products will suffer, too.
While President Obama babbles about millionaires and billionaires, everyone will be impoverished by the loss of jobs and revenue our energy sector produces now and can produce in the future.
This isn’t an “energy policy.” It’s a “no-energy policy” and it is a guarantee of economic disaster.
Obama’s decision to reject a permit for Canada’s XL Keystone pipeline is just one example. It is a job-killer and a revenue-killer. There are thousands of pipelines serving America’s energy needs and the XL Keystone pipeline would ensure that Canada’s own vast energy reserves would flow to America. It is one of our key trade partners and Obama has slapped it in the face.
In early January, Ken Salazar, the Secretary of the Interior, announced a new 20-year, million-acre ban on uranium mining for federal lands in Arizona, despite the fact that these lands hold the highest-grade of known uranium deposits in the United States. It is an outrage that a new GOP-Congress will have to overturn if the nation is to be assured of sufficient uranium to power its nuclear plants and for weapons development. If the ban remains, these uranium resources would be inaccessible until 2023!
Tom Pyle, president of the Institute for Energy Research said that Salazar’s announcement “further compounds a man-made energy crisis that has been planned and executed in Washington, D.C.”
At the same time we are learning of enormous natural gas discoveries that can reduce our energy bills and turn sleeping little towns into boomtowns, environmental organizations have launched a vast propaganda campaign against “fracking”, a technology that has been safely used for more than fifty years. Their claims about dangers to the nation’s supply of fresh water are baseless. Their claims that fracking has caused earthquakes in Ohio are absurd.
Need it be said that the Environmental Protection Agency has turned its eyes on fracking and is working on a report due later this year that will likely call for harsh crackdowns on its use and more regulations to throttle the expansion of natural gas extraction?
The EPA has just released a report of those power plants that top the list of its regulation of carbon dioxide (CO2) emissions. There is no basis in science to justify the reduction of CO2. Indeed, since it is a gas on which all vegetation depends, much as oxygen is vital to all animal life, reducing it would impair great crop yields and healthier forests.
These regulations are based on the global warming hoax that blamed CO2 for warming the earth. That is utterly false. The Earth is currently in a perfectly natural cooling cycle and the climate of the Earth is almost entirely based on the Sun - solar radiation - along with the actions of oceans, clouds, and even volcanic activity that spews tons of particulates into the atmosphere.
Coal-fired power plants account for fifty percent of all the electricity generated in the United States. Fifty percent! And yet the EPA is determined to shut down dozens of them providing that vital factor in the lives of all Americans and the economy, nor does this take into account the billions that energy producers have spent to upgrade their technology to reduce emissions.
The Obama administration fuel economy agenda, a call for 54.5 miles per gallon ignores simple physics. There is a finite amount of energy a gallon of gas can generate. If you dilute it with ethanol as is currently required, you get even less mileage. The administration is trying to circumvent Congress by issuing standards based on regulating “greenhouse gas emissions”, but there is no need for this. It is a false argument. The Center for Automotive Research says that the proposed new standards would cause the retail price of average motor vehicles to increase by more than $11,000.
Americans and the nation’s future are being victimized by Obama administration policies. The 18th annual Index of Economic Freedom, was released on January 12th by The Heritage Foundation and The Wall Street Journal, measures the many factors that contribute to the economic health of a nation - things like property rights, regulatory efficiency, open markets, free trade and labor policies.
Economic freedom is declining worldwide as governments try to spend their way out of the global recession. The United States fell to 10th place. In 2009 it ranked 6th, in 2010 it was 8th, and in 2011, it was 9th.
We are witnessing the deliberate murder of a superpower.
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Germany’s 100 Billion Euro Solar Fiasco
Solar Stocks Plunge Worldwide As Germany Vows To Phase Out Subsidies
Solar stocks plunged around the world after Germany, the largest market for panels, said it will make quicker cuts to subsidized rates and phase out support for the industry by 2017. --Bloomberg, 20 January 2012
The costs of subsidizing solar electricity have exceeded the 100-billion-euro mark in Germany, but poor results are jeopardizing the country’s transition to renewable energy. The government is struggling to come up with a new concept to promote the inefficient technology in the future. --Alexander Neubacher, Spiegel Online, 18 January 2012
Germany’s exit from nuclear power could cost the country as much as 1.7 trillion euros ($2.15 trillion) by 2030, or two thirds of the country’s GDP in 2011, according to Siemens, which built all of Germany’s 17 nuclear plants. The estimate of 1.7 trillion euros assumes strong expansion of renewables, with feed-in tariffs as the biggest chunk of costs. -–Christoph Steitz, Reuters, 17 January 2012
One fifth of every German industrial company has moved activities to foreign countries, or plans to do so, because of the uncertain energy and raw material supply. This is the result of a survey conducted by the German Chamber of Industry and Commerce (DIHK), in which 1520 companies participated. DIHK-President Hans Heinrich Driftmann finds this alarming: He fears that Germany is losing its appeal for foreign investors in the wake of it’s energy supply transformation.--Dieter Keller, Südwest Presse, 18 January 2012
Germany’s green politicians here were too dim-witted to foresee the obvious consequences. The German electricity market is on the verge of collapse. The scale of the EEG Renewable Energy Feed-in Act is of unprecedented stupidity, a folly that will certainly go down in German history textbooks. The backpedaling away from solar subsidies in Germany is now happening so fast that it’s making people’s heads spin. Call it the reverse energy supply transition - one from fantasy back to reality. --P. Gosslin, NoTricksZone, 19 January 2012
Source: The Hill
Six House Democrats, led by Rep. Dennis Kucinich (D-Ohio), want to set up a “Reasonable Profits Board” to control gas profits.
The Democrats, worried about higher gas prices, want to set up a board that would apply a “windfall profit tax” as high as 100 percent on the sale of oil and gas, according to their legislation. The bill provides no specific guidance for how the board would determine what constitutes a reasonable profit.
The Gas Price Spike Act, H.R. 3784, would apply a windfall tax on the sale of oil and gas that ranges from 50 percent to 100 percent on all surplus earnings exceeding “a reasonable profit.” It would set up a Reasonable Profits Board made up of three presidential nominees that will serve three-year terms. Unlike other bills setting up advisory boards, the Reasonable Profits Board would not be made up of any nominees from Congress.
The bill would also seem to exclude industry representatives from the board, as it says members “shall have no financial interests in any of the businesses for which reasonable profits are determined by the Board.” According to the bill, a windfall tax of 50 percent would be applied when the sale of oil or gas leads to a profit of between 100 percent and 102 percent of a reasonable profit. The windfall tax would jump to 75 percent when the profit is between 102 and 105 percent of a reasonable profit, and above that, the windfall tax would be 100 percent. The bill also specifies that the oil-and-gas companies, as the seller, would have to pay this tax.
Kucinich said these tax revenues would be used to fund alternative transportation programs when oil-and-gas prices spike.
“Gas prices continue to rise, creating a hardship for the American people,” he said. “At the same time, oil companies are making record profits gouging their customers. This bill would tax only the excess profits and create forward-thinking transportation alternatives.”
Specifically, he said the money would be used to fund a tax credit on the purchase of fuel-efficient cars and set up a grant program for mass transit programs when oil-and-gas prices are high.
The bill does not estimate the size of these grants or the amount of money that might be collected through the tax.
Co-sponsoring the bill are five other Democrats: Reps. John Conyers Jr. (Mich.), Bob Filner (Calif.), Marcia Fudge (Ohio), Jim Langevin (R.I.), and Lynn Woolsey (Calif.).
SPPI Comment:
For the word “oil” substitute “gas” or “coal”.
Game plan: With both foreign policy and domestic energy policy, [1] drive the costs of fossil fuels into the stratosphere (as promised during Obama campaign) and [ 2] then tax the non-inflation adjusted revenue, [3] drive more Americans into fuel poverty and welfare dependency,[4] redistribute funds to crony capitalist friends and radical environmentalist allies [5] so they all can kick-back campaign contributions to use for the “politics of personal destruction” campaign ads against any opponent. But do not reduce local, state and federal fuel taxes.
By Joe Bastardi, Weatherbell Analytics
When the PDO turned cold, most of the meteorological and climate community understood that the pattern was turning very similar the last time of the PDO reversal, the 1950s, and it was a matter of time before the global temperatures, which have leveled off, would start falling in the same herby jerky fashion they had risen when the PDO turned warm at the end of the 1970s. I am not going to rehash the sordid details of how the AGW crowd simply ignores the major drivers of a cyclical nature. We all know that. Nor am I going to question them as to why they believe a trace gas like CO2 (needed for life on the planet) with a specific gravity of 1.5 as compared to the atmospheres 1.0, was going to mix with air in a way to affect the earth’s temperatures. Instead I am going to drive home points I have been making since 2007 and are now dramatically validating.
The La Ninas of 2008-09 and now this one had rapid mid level temperature drops that followed their onset and this years was nothing short of the most dramatic mid tropospheric drop since the start of the millennium. It is much more plausible to believe that rapid cooling in the mid levels would have an effect at leading to extremes, rather than what the warmingistas claim, which of course is anything that happens. In any case, one very interesting level that cooled to record cold levels was 400 mb, the very levels that the so called trapping hot spots were going to show up because of CO2...again a neat trick since somehow CO2 was going to defy the laws of Gravity, since, as mentioned above, its specific gravity is higher than the atmosphere (of course even if it was, it a) has not been proven to cause warming and b) man’s contribution is so tiny as to render it a non item anyway in climate considerations.
However first came the flip in the PDO, seen nicely here on the Multivariate Enso Index chart, which clearly illustrates the colder Pacific when the earth was colder, the start of the warming period coinciding with the satellite era, and now.
Now from the AMSU site, the amazing one year drop in temperature, the orange tan line being after the El Nino of 2009/10, the purplish line this past year and one can see the green this year… we are near record cold levels again.
600 mb (14,000 feet) (enlarged)
And oh my my…the trapping hot spot itself.. 400mb or 25,000 feet… again record or near record cold
enlarged)
But the 2 meter temperatures, being in the boundary layer, do not respond as fast as the ocean, or a transparent atmosphere above
Nevertheless three downturns in a jagged fashion started predictably after the last El Nino now falling again in fits and spurts through December.
From Dr Roy Spencers site:
(enlarged)
In May, I forecasted the global temperatures to fall to -0.15C in one of the months - Jan, Feb or Mar this year, and perhaps as low as levels we saw in the 2008 La Nina. A rapid free fall has begun. Dr. Ryan Maue at his site (http://policlimate.com/weather/) maintains a plethora of useful forecast information including GFS global temp projections over the next 16 days.
They have been routinely reading greater than 0.2 C below normal and I suspect the Jan reading will plummet quite a bit from December with February even lower. An example of this can be seen with these two charts off Ryan’s site,
-0.258 C globally for 2 meters. (enlarged)
Day 8.5-16 a whopping -0.352 C (enlarged)
The reason the arctic looks warm is that it has been stormy, and when it’s windy the air is well mixed and so the temperatures are not as low as if it’s calm, but it’s still frigid. Notice in the second map, that the arctic cools because the arctic oscillation is starting to go negative, leading to higher pressures and lighter winds. But the most astounding aspect of this is the northern hemisphere mid latitude temperatures, at -2.1 C.
Currently, with gas so high because we are being handcuffed by an administration that won’t drill (if gas was a 1.50 lower, it would be worth a half trillion dollars to the economy) and an EPA that is causing untold economic damage (I would conservatively etiolate a half trillion dollars, from jobs lost to burdensome regulations) along with a 100 billion dollar subsidy to fight global warming world wide, it is costing each ACTUAL TAX PAYER close to 7000 dollars (1.1 trillion divided by 150 million tax payers).
One has to wonder, how even the most dogmatic of them don’t look at the actual facts, how they can continue to carry on their denial while the results of such things handcuff the American economy and cause untold misery for many as our wealth is not only redistributed, but dwindles. One can only conclude this is being done on purpose, and with purpose.
See By Joe Bastardi, Weatherbell Analytics
When the PDO turned cold, most of the meteorological and climate community understood that the pattern was turning very similar the last time of the PDO reversal, the 1950s, and it was a matter of time before the global temperatures, which have leveled off, would start falling in the same herby jerky fashion they had risen when the PDO turned warm at the end of the 1970s. I am not going to rehash the sordid details of how the AGW crowd simply ignores the major drivers of a cyclical nature. We all know that. Nor am I going to question them as to why they believe a trace gas like CO2 (needed for life on the planet) with a specific gravity of 1.5 as compared to the atmospheres 1.0, was going to mix with air in a way to affect the earth’s temperatures. Instead I am going to drive home points I have been making since 2007 and are now dramatically validating.
The La Ninas of 2008-09 and now this one had rapid mid level temperature drops that followed their onset and this years was nothing short of the most dramatic mid tropospheric drop since the start of the millennium. It is much more plausible to believe that rapid cooling in the mid levels would have an effect at leading to extremes, rather than what the warmingistas claim, which of course is anything that happens. In any case, one very interesting level that cooled to record cold levels was 400 mb, the very levels that the so called trapping hot spots were going to show up because of CO2...again a neat trick since somehow CO2 was going to defy the laws of Gravity, since, as mentioned above, its specific gravity is higher than the atmosphere (of course even if it was, it a) has not been proven to cause warming and b) man’s contribution is so tiny as to render it a non item anyway in climate considerations.
However first came the flip in the PDO, seen nicely here on the Multivariate Enso Index chart, which clearly illustrates the colder Pacific when the earth was colder, the start of the warming period coinciding with the satellite era, and now.
Now from the AMSU site, the amazing one year drop in temperature, the orange tan line being after the El Nino of 2009/10, the purplish line this past year and one can see the green this year… we are near record cold levels again.
600 mb (14,000 feet) (enlarged)
And oh my my…the trapping hot spot itself.. 400mb or 25,000 feet… again record or near record cold
enlarged)
But the 2 meter temperatures, being in the boundary layer, do not respond as fast as the ocean, or a transparent atmosphere above
Nevertheless three downturns in a jagged fashion started predictably after the last El Nino now falling again in fits and spurts through December.
From Dr Roy Spencers site:
(enlarged)
In May, I forecasted the global temperatures to fall to -0.15C in one of the months - Jan, Feb or Mar this year, and perhaps as low as levels we saw in the 2008 La Nina. A rapid free fall has begun. Dr. Ryan Maue at his site (http://policlimate.com/weather/) maintains a plethora of useful forecast information including GFS global temp projections over the next 16 days.
They have been routinely reading greater than 0.2 C below normal and I suspect the Jan reading will plummet quite a bit from December with February even lower. An example of this can be seen with these two charts off Ryan’s site,
-0.258 C globally for 2 meters. (enlarged)
Day 8.5-16 a whopping -0.352 C (enlarged)
The reason the arctic looks warm is that it has been stormy, and when it’s windy the air is well mixed and so the temperatures are not as low as if it’s calm, but it’s still frigid. Notice in the second map, that the arctic cools because the arctic oscillation is starting to go negative, leading to higher pressures and lighter winds. But the most astounding aspect of this is the northern hemisphere mid latitude temperatures, at -2.1 C.
Currently, with gas so high because we are being handcuffed by an administration that won’t drill (if gas was a 1.50 lower, it would be worth a half trillion dollars to the economy) and an EPA that is causing untold economic damage (I would conservatively etiolate a half trillion dollars, from jobs lost to burdensome regulations) along with a 100 billion dollar subsidy to fight global warming world wide, it is costing each ACTUAL TAX PAYER close to 7000 dollars (1.1 trillion divided by 150 million tax payers).
One has to wonder, how even the most dogmatic of them don’t look at the actual facts, how they can continue to carry on their denial while the results of such things handcuff the American economy and cause untold misery for many as our wealth is not only redistributed, but dwindles. One can only conclude this is being done on purpose, and with purpose.
See PDF with enlarged images.