Jubilee Prosperity

Some of today’s Green Movement may be the functional misguided
equivalent to 19th Century Luddites who destroyed machines, fought
economic progress and free markets to make more work.


Look no further than SLOTH (Speaker Left of the House) Pelosi who owns
Pickens Clean Energy shares, AlGore and the Sierra Club, who signed on
to the In the tent Nose Pickens Plan seeking billions more in taxpayer
funding for not producing economic or reliable energy.

North America has 55 to 149 years of oil reserves, 245 years of coal and
thousands of years of recyclable uranium reserves to fuel this country
economically, with Canada the world’s largest producer of Uranium.

Yet some Green Movement Lawyers crippled our ability to develop, produce
and distribute these energy assets safely. We haven’t had a new coal or
oil refiner or nuclear plant in decades because of Green opposition to
bringing energy prices down by safely increasing supply. Some Greens are
the same people who promote AlGore’s Nobel and Oscar Prize Winning works
of CO2 Global Warming fiction, yet think nothing of hopping a CO2
producing plane with their travel plans to exotic destinations such as
Galapagos Island being destroyed by eco-tourism.

By the way, Cap & Trade Free Market Credits worked from 1989 to reduce
Sulphur Dioxide emissions 45% at an operating cost to utilities of 0.6%,
so current opposition appears to be more hot air scare fear mongering.

Although natural gas prices are the lowest since 2002 because of the
weak global economy, knowledgeable industry sources say US natural gas
production already peaked in North America (Western Gas Resources Inc
and Exxon’s CEO Lee Raymond.) Importing more gas like LPG from overseas
is a risky inviting target for pirate terrorists and more economic
deficits. And some countries still flare off gas, an illegal practice
here.

Meanwhile, Green jean dreamers prefer uneconomic, unreliable sources
like hot air wind, hybrids, sun and tide which require polluting
batteries and new transmission lines with the exception of PG&E putting
solar satellites in orbit and beaming the energy down. The dirty little
secret is that many of the electric, fuel cell or hybrid car dreams are
neither economic or clean.

The Gates and Rockefellers invested in algae biomass diesel and jet fuel
demonstration ventures that may one day be economic.

Maybe one of these days BLDP, ENER, GM Volt, PLUG or Tesla Sedan may
offer economic auto or home electricity or hydrogen fuel cells running
on economic natural gas. Right now the cost of refining, compressing and
distributing hydrogen or natural gas auto infrastructure are not
economic, which is why visionaries such as Pickens are asking taxpayers
to pay up. Many people who have contemplated buying green energy
products have found them uneconomic even with tax credits.

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This entry was posted on Thursday, April 16th, 2009 at 12:56 pm and is filed under Prosperity. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.