Green Options » energy independence myth http://greenoptions.com/tag/energy-independence-myth Posts tagged 'energy independence myth' Tue, 30 Jun 2009 20:31:26 +0000 http://wordpress.org/?v=2.5.1 en The American Clean Air And Security Act: What Is It? http://inspiredeconomist.com/2009/06/30/the-american-clean-air-and-security-act-what-is-it/ http://inspiredeconomist.com/2009/06/30/the-american-clean-air-and-security-act-what-is-it/#comments Tue, 30 Jun 2009 20:31:26 +0000 Fred Etcheverry http://inspiredeconomist.com/2009/06/30/the-american-clean-air-and-security-act-what-is-it/ At the time of this post, The American Clean Air and Security Act has passed Congress as Waxman-Markey. It will now go to the Senate. Supporter and opponents are divided over its efficacy. It is full of compromises needed to pass, but will these compromises make it ineffective?

These is something in this bill for almost everyone. There is also something for almost everyone to hate. Alan During gives 14 things he love and 6 he hates about Waxman-Markey.

It’s no surprise that the United States Chamber of Commerce and the National Association of Manufactures oppose this bill, but so does Greenpeace and Friends of the Earth. Dow Chemical and Ford Motors support it.

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]]> http://inspiredeconomist.com/2009/06/30/the-american-clean-air-and-security-act-what-is-it/feed/ Coal Has Peaked: Will This Impact The American Clean Energy And Security Act? http://inspiredeconomist.com/2009/06/26/coal-has-peaked-will-this-impact-the-american-clean-energy-and-security-act/ http://inspiredeconomist.com/2009/06/26/coal-has-peaked-will-this-impact-the-american-clean-energy-and-security-act/#comments Fri, 26 Jun 2009 18:56:20 +0000 Fred Etcheverry http://inspiredeconomist.com/2009/06/26/coal-has-peaked-will-this-impact-the-american-clean-energy-and-security-act/ coal plant

Oil peaked several years ago. Now coal has peaked. The Costs of their production will soar when the global economy recovers and demand returns. Some say that this is a bad time to launch an ambitious energy policy as that envisioned by the American Clean Energy and Security Act. They claim that this Act will raise taxes, and cost jobs. At the time of this post, a draft of this proposed Act is a bill before Congress.

According to Brenda Pierce, head of the of a US Geological Survey team that recently conducted a study of US coal reserves, “We really can’t say we’re the Saudi Arabia of coal anymore.” (wsj 6-8-09) It’s not that her survey found less coal, but analysis shows that the cost of recovering it is escalating.

The DOE (Department of Energy) published a similar analysis on US oil reserves several years ago. Several studies of world oil and coal reserves have shown that these energy sources have peaked. That is, once the world economy returns to its pre-recession level, the price of fossil fuels will surge.

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