Scene from the Conflict Oil Wars: Austan Goolsbee v. the Naive Greens
Quick background: there’s a lot of oil in Canada. Quite a bit of it is tied up in the form of oil sands, which radical Greenies hate with the same passion that normal people reserve for ax murderers or child rapists. Despite this hatred, the Canadians have noticed that the price of oil makes oil sand development highly cost effective, which is why they were | Read More »
Everybody stop breathing.
It’s good for the environment. Well, until all the plants suffocate*. Mark Hertsgaard, in the Nation: The IPCC says that rich industrial countries must cut emissions 25 to 40 percent by 2020 (from 1990 levels) if the world is to have a fair chance of avoiding catastrophic climate change. By contrast, the WBGU study says the United States must cut emissions 100 percent by 2020–i.e., | Read More »
President strikes another blow against clean energy.
If you’re surprised that he would renege on a campaign promise: Bethesda-based USEC on Tuesday accused President Obama of reneging on a campaign pledge after the Energy Department turned down the company’s request for $2 billion in loan guarantees for a new uranium enrichment project in Piketon, Ohio. [snip] “We are shocked and disappointed by DOE’s decision,” USEC chief executive John K. Welch said in | Read More »