SMRs and AMRs

Saturday, September 06, 2008

NYT editorial: John McCain’s Energy Follies

The industries that create energy — coal, wind, nuclear, ethanol, and, of course, oil and gas — all clamored to be heard at the Republican convention. At cocktail receptions and in hundreds of ads, each claimed to welcome the challenge of creating a cleaner, greener energy future.

A lot of that was corporate boilerplate. But one advertisement, from Chevron, seemed strikingly on point. “It took us 125 years to use the first trillion barrels of oil,” it said. “We’ll use the next trillion in 30.” This nicely framed a big part of the energy challenge. It was also a reminder of why John McCain is proving, so far, to be such a disappointment on issues he once seemed to understand better than almost anyone else in his party.

The world is consuming oil at a ferocious pace because of runaway demand in India and China and because America — the world’s largest consumer — is only beginning to confront its addiction. This cannot go on forever. Even the conservative United States Geological Survey predicts that oil production will peak by midcentury, meaning that future prices will make today’s $3.70 gas look like chump change.

Emissions from fossil fuels — not just oil but the coal and natural gas used in power plants — are the main drivers of global warming. Mainstream scientists have warned that unless they are sharply reduced the planet will face rising sea levels, prolonged droughts, widespread famine and other frightening consequences.

(Continued here.)

0 Comments:

Post a Comment

<< Home