Wonderboy's speech at Carnegie Mellon yesterday apparently ushered in the new era of US energy policy.
Of course, I didn't tune in for the whole slog, because I can't stand the guy's voice for more than two seconds. But I did happen to catch various replays on news programs throughout the afternoon and evening.
The basics are clear- no more oil or coal, which are the staples of heavy power production in our society.
Instead, we're all going to learn to love natural gas, and, I am sure, wind, solar, ocean hydro- but not damming rivers- and probably ethanol/vegetative sources.
As you'd expect from someone with no experience in any sort of productive area of our society, Wonderboy doesn't seem to care that these sources can't provide, in the foreseeable future, the quantities of energy necessary, in the manner required, to replace oil and coal.
Further, all of these other sources, but natural gas, share a trait- they are heavily subsidized.
Thus, our First Rookie's energy policy is of a piece with the rest of his socialist actions. He intends to decrease the importance of market-based priced energy sources, and make us ever more dependent upon those sources which are politically favored, aided and cossetted.
Another large part of our market-based economy bites the dust, while political favors trump all else in the surviving, governmentally-favored parts of the energy sector. So, aside from the cost to taxpayers of the subsidies, we'll be paying more for the scarcer, more expensive alternative-sourced energy.
This is progress?
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