The Sierra Club doesn’t appreciate what fracking, a free market energy solution, is doing for its cause to clean and preserve our environment. Germany for example is lauded for its government sponsored green energy policy favoring solar and wind, but unfortunately for our atmosphere they rely on dirty coal to take care of the intermittency problem when the sun don’t shine and the wind don’t blow to the point where they did not make their CO2 emissions goals of the past two years while contributing to the scar making mountaintop scraping coal mining machine. The U.S. on the other hand finds itself as the world’s leader in the reduction CO2 emissions these past few years and before the supposed onerous EPA utility emissions regulations are to take effect. This reduction come from power plant converting to gas from coal purely for the fact that it’s cheaper!
Today’s New York Times article in its business section describes how U.S. energy companies are now setting up their fracked wells as underground storage tanks to be turned on and off as the price of energy dictates. This market flexibility means the death knell to long term hard to turn on and off projects such as Canada’s oil tar sands and Arctic Ocean oil exploration and drilling. Apparently fracking is the gift that keeps on giving unintended victories to the Sierra Club.
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