Sarah Palin Doesn’t Understand Cap-and-Trade

27 07 2009
Sarah Palin wrote an Op-Ed piece for the Washington Post on July 14th this year. It is full of BS and truth stretching, as well as a good old fashioned lack of concrete information. Allow me to retort:

There is no shortage of threats to our economy. America’s unemployment rate recently hit its highest mark in more than 25 years and is expected to continue climbing. Worries are widespread that even when the economy finally rebounds, the recovery won’t bring jobs. Our nation’s debt is unsustainable, and the federal government’s reach into the private sector is unprecedented.

Unfortunately, many in the national media would rather focus on the personality-driven political gossip of the day than on the gravity of these challenges. So, at risk of disappointing the chattering class, let me make clear what is foremost on my mind and where my focus will be:

I am deeply concerned about President Obama’s cap-and-trade energy plan, and I believe it is an enormous threat to our economy. It would undermine our recovery over the short term and would inflict permanent damage.

Ok Sarah, you say this plan will undermine the economic recovery in the short term. Here’s some news for you, the plan is not to take affect until 2012, if the United States is still in recession over two years from now, I think we have some bigger issues to worry about.

American prosperity has always been driven by the steady supply of abundant, affordable energy.

Yes, this is true, but is it all encompasing and defining? To put the matter close to home, Alaska’s average retail price for electricity in April 2009 was 14.76 cents/kWh. That one of the highest prices in the United States. The cost of electricity is generally between 10 and 15 pence/kWh in England. That translates to between 16.48 and 24.73 cents/kWh in American dollars. Would you say that England is not prosperous?

Particularly in Alaska, we understand the inherent link between energy and prosperity, energy and opportunity, and energy and security. Consequently, many of us in this huge, energy-rich state recognize that the president’s cap-and-trade energy tax would adversely affect every aspect of the U.S. economy.

Every aspect? Thats pretty broad. I bet it would lead to less pollution? Is that an adverse affect Sarah?

There is no denying that as the world becomes more industrialized, we need to reform our energy policy and become less dependent on foreign energy sources. But the answer doesn’t lie in making energy scarcer and more expensive! Those who understand the issue know we can meet our energy needs and environmental challenges without destroying America’s economy.

All energy on earth comes from the sun in some way or another. The scarcity lies in fossil fuels, which takes millions of years to develop. Sun and wind happen naturally every day of the year. Until the sun implodes, I don’t think you can call that a scarce resource.

Job losses are so certain under this new cap-and-tax plan that it includes a provision accommodating newly unemployed workers from the resulting dried-up energy sector, to the tune of $4.2 billion over eight years. So much for creating jobs.

Take a trip down to Neon, Kentucky and look at how people are living after the coal industry left the area. The lifetime of fossil fuel industries is finite and will eventually leave people without jobs. The lifetime of a renewable energy sector is infinite, therefore, in the long run, there are far more permanent jobs. Oh ya, its cap-and-trade Sarah, not cap-and-tax, you made  a typo there.

In addition to immediately increasing unemployment in the energy sector, even more American jobs will be threatened by the rising cost of doing business under the cap-and-tax plan. For example, the cost of farming will certainly increase, driving down farm incomes while driving up grocery prices. The costs of manufacturing, warehousing and transportation will also increase.

For the second time, 2012 is not immediate. And for the second time, its cap-and-trade. Poor farming practices are already subsidized by the government because we demand cheap terrible food. If subsidies were granted to the poor rather than the farmers, higher food costs would be so big an issue. Buying vegetables from your local stand sure is cheaper than buying them from the grocery store.

The ironic beauty in this plan? Soon, even the most ardent liberal will understand supply-side economics.

The Americans hit hardest will be those already struggling to make ends meet. As the president eloquently puts it, their electricity bills will “necessarily skyrocket.” So much for not raising taxes on anyone making less than $250,000 a year.

Even Warren Buffett, an ardent Obama supporter, admitted that under the cap-and-tax scheme, “poor people are going to pay a lot more for electricity.”

This might be a valid point. Though it has been disputed and stated that the poorest families will actually benefit from cap-and-trade. Additionally, rising costs will force an increase in conservation efforts. And if energy costs too much to purchase, part of the cap-costs that corporations pay could go to financing solar panels for the rooves of those who can’t afford to pay for energy. I don’t think this is in the plan though, so Sarah, maybe you could use your influence for something productive like this?

We must move in a new direction. We are ripe for economic growth and energy independence if we responsibly tap the resources that God created right underfoot on American soil. Just as important, we have more desire and ability to protect the environment than any foreign nation from which we purchase energy today.

Umm…the plan IS to move in a new direction….not the same old direction that you’re proposing.

In Alaska, we are progressing on the largest private-sector energy project in history. Our 3,000-mile natural gas pipeline will transport hundreds of trillions of cubic feet of our clean natural gas to hungry markets across America. We can safely drill for U.S. oil offshore and in a tiny, 2,000-acre corner of the Arctic National Wildlife Refuge if ever given the go-ahead by Washington bureaucrats.

Oh those darned Washingotn bureaucrats, trying to protect what little natural environment is left in the world! How dare they take away our black gold! Sarah, there is a reason that the Arctic National Wildlife Refuge is protected! Once you start drilling in one protected environment, you’ve set the precedent that allows drilling to occur in every wildlife refuge in the country. And who’s to stop you from ploughing through the whole thing? Not to mention the environmental impacts that an oil drilling operation would have on the wider surrounding environment. Take a look at what Texaco did to the Amazon in Ecuador.

Of course, Alaska is not the sole source of American energy. Many states have abundant coal, whose technology is continuously making it into a cleaner energy source. Westerners literally sit on mountains of oil and gas, and every state can consider the possibility of nuclear energy.

Please see my post on the issues surrounding the myth of ‘clean coal’

We have an important choice to make. Do we want to control our energy supply and its environmental impact? Or, do we want to outsource it to China, Russia and Saudi Arabia? Make no mistake: President Obama’s plan will result in the latter.

This is my only gripe with Obama’s plan and I think Sarah Palin might be semi-correct on this one point. However, pretty much everything we consume comes from outside of the continent already anyways. There are bigger problems that pertain to our North American lifestyle than those relating to where our electricity comes from. We continuously greed for the fastest and cheapest of everything, no matter what the external costs to society and the environment. While I could see this cap-and-trade system resulting in the export of even more jobs to foreign countries, I don’t think it is the fault of the plan so much as it is the fault of the North American people as a whole. Make a choice with your wallet and buy what little goods are still made within the continent and we will see those jobs comes back. Only consumers can change the market. Sarah can agree with that.

For so many reasons, we can’t afford to kill responsible domestic energy production or clobber every American consumer with higher prices.

The renewable energy sector is domestic energy production. Buying oil from the middle east is not.

Can America produce more of its own energy through strategic investments that protect the environment, revive our economy and secure our nation?

Please, oh please explain to me how mining for more coal and drilling for more oil is protecting the environment?

Yes, we can. Just not with Barack Obama’s energy cap-and-tax plan.

Wow. That was difficult. To be clear though, I’m not even much of a supporter of the plan proposed by Obama. So many concessions have already been made, so many loopholes, and so many freebies given to big polluters, that the bill has already failed to do what it was meant to do before even beeing enacted. For the most part, the bill is a greenwash effort so that the United States can say they are doing something about climate change. Sarah Palin though, does not have the answers. She’s not remotely close.

 

Advertisements

Actions

Information

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s




%d bloggers like this: