“Rich countries are still not pledging enough money to begin financing a shift to a cleaner global economy,” reports the Financial Times (FT) in its coverage of the United Nations climate talks in Warsaw that ended with little more than a “vague road map on how to prepare for a global climate pact they’re supposed to adopt in two years.”
Author: Marita Noon
[The idea of green energy] was in the 1970s, following the OPEC Oil Embargo that solar panels began popping up on rooftops and “gasohol” subsidies were enacted. It was believed that green energy would move the U.S. off of foreign oil and prevent oil from being used as a weapon against us.
The fight against hydraulic fracturing has recently ratcheted up. On November 5, one town in Ohio and three in Colorado, passed ballot measures designed to ban or temporarily halt hydraulic fracturing—the brief (3-5 day) phase, often referred to as “fracking”—that is essential to the advanced oil-and-gas extraction processes that have given America the lead in global energy production.
October 17 was the fortieth anniversary of the oil embargo slapped on America by the Organization of Petroleum Exporting Countries (OPEC). That action changed the entire geopolitical map by taking the power from the United States and giving it to the Middle East. As a result of the embargo, America slid into a serious recession.
Let free enterprise solve problems that are beyond the capabilities of government. Let’s build the Keystone pipeline and work with Mexico to use techniques, perfected in America’s oil fields, to bring its wealth to the surface. North America can be an oil-and-gas powerhouse—but government energy polies have to change. Then prosperity and liberty can be restored.
The case for the Keystone XL pipeline is straight forward. Jobs will be created. Families will benefit. Local businesses and professions will grow. Governments will increase their tax receipts. The US economy will be fueled, to a larger extent, by oil from a nearby friendly country, thereby improving national security
When Paul Revere made his famous ride announcing that the British were coming, the pending battle was over high taxes, and the consequences threatened America’s future independence. Likewise, today the battle is over higher-cost electricity which impacts all aspects of modern life and threatens America’s economic independence.
Coming before Ronald Reagan, Carter embraced an “environmental paradigm”—that placed environmental limits on growth. Carter’s America is the one about which President Obama stated: “…we want optimism, we want a return to that sense of dynamism and entrepreneurship that had been missing.” Yet, Obama has followed Carter’s direction, not Reagan’s and the results are Carter’s, not Reagan’s.