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Energy crash land

07/11/2009
As one reads the editorials of June 1—on the mind-numbing subsidies for renewable energy—and June 9—on the costs of “cap and trade” and “energy reform that will asphyxiate itself with unreasonable ambition and government excess,” plus the note in the commentary on the likelihood of any benefits being allocated “on the basis of political favoritism,” a sense of absolute gloom and doom emerges (OGJ, June 1, 2009, p. 18; June 8, p. 18). It would seem that this administration is forcing our energy system towards a crash landing of unprecedented proportions.Today, we hear much about the danger of fossil fuels, particularly coal. The alarmis...
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