Monday, July 13, 2009

In Search of an Intelligent Energy Policy

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No responsible energy policy can go forward that is rooted in the belief that man-made carbon dioxide (CO2) emissions significantly contribute to global warming or "climate change" as it is now called.

Unfortunately, the Waxman-Markey bill, recently passed by the House, sets the foundation for an energy policy guided by the premise that man-made CO2 emissions are causing climate change and must be reduced regardless of the economic consequences... [snip]

The ice-core data is interesting on two accounts: one, it demonstrates that the simple cause and effect relationship presumed by the current man-made climate change hypothesis - "that changes in CO2 levels cause changes in the temperature" - is actually the other way around; two, it demonstrates that the earth has experienced significant warming periods in the past - much warmer than the current period at a time when man wasn't burning fossil fuels... [snip]



The most recent cooling trend, displayed on the above graph, is well outside the predictions of the models used by the Intergovernmental Panel on Climate Change or IPCC (shown [within, top] below). The IPCC has been the most influential body in driving energy policy in countries around the world and uses climate models like the current Waxmen-Markey bill to make projections regarding how much warming we can expect to save by cutting CO2 emissions to certain levels.

The following graph from the Science and Public Policy Institute displays the real temperature trend from 2001-2009 versus the IPCC projections. This graph emphasizes that assumptions used by the IPCC models - that a certain level of CO2 causes a certain degree of warming - MUST be incorrect.



A recent study from EnergyTomorrow.org projected that the economic impacts of private sector spending in 2020 - if drilling bans were lifted on the Alaska National Wildlife Refuge (ANWR), Outer Continental Shelf (Pacific and Atlantic offshore and the Eastern Golf of Mexico), and the Rocky Mountains - would result in the creation of 110,000 - 160,000 jobs and 22 - 33 trillion dollars in revenue.

Lifting these drilling bans would appear to be a reasonable place for an intelligent energy policy to begin.

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1 comment:

Dan in NC said...

I couldn't agree more. Offshore drilling will solve many problems in the US!! http://tinyurl.com/mh5p36