They get little credit for their efforts, but most resource extraction, manufacturing and power generation companies strive to be “socially responsible” – by emphasizing energy efficiency, resource conservation, pollution control and worker safety in producing the raw materials, consumer products and electricity that improve, safeguard and enrich our lives.
It’s not easy, due to the nature of their business, public intolerance for any ecological impacts – and the fact that “corporate social responsibility” is often defined and used by activist groups to promote ideological agendas. Above all, activists want to engineer a “wholesale transformation” of our energy and economic system, away from hydrocarbon fuels and into “eco-friendly” renewable resources; reduce our living standards to “sustainable” levels (their definition again); and give them power over the power that sustains our modern society.
This “hard green” version of CSR largely ignores socio-economic considerations, the many benefits of fossil fuel and nuclear power, the significant land and environmental impacts of wind, solar and ethanol – and the oppressive effects of soaring energy prices on poor families.
Speaker Nancy Pelosi closed down the House of Representatives on August 1, to avoid an energy vote that Democrats would have lost, and later displayed her acumen on the subject when she opined: “natural gas is a clean, cheap alternative to fossil fuels.” News flash: Natural gas is a fossil fuel.
An Energy Economics 101 course is clearly needed, so that members of both parties can legislate more astutely – and understand why mining and burning coal is a socially responsible component of sound energy policy.
Energy is the master resource, the foundation for everything we eat, use and do. Sound policies ensure that energy is abundant, reliable and affordable. Restricting supplies in the face of rising global demand drives up prices and sends shockwaves through families, industries, communities and nations.
America has centuries’ worth of coal. Our reliance on this resource has tripled since 1970 – but sulfur dioxide and particulate emissions are down 40% and 90% below 1970 levels, respectively, notes air pollution expert Joel Schwartz. New technologies and regulations will reduce coal power plant emissions even further by 2020, but even current emissions (including mercury) pose no significant risks to human health, he emphasizes.
Thankfully, most electricity bills rose more modestly, because half of all US electricity is generated using coal, and the price for that fossil fuel has risen far less than oil, gasoline and natural gas prices. However, in places like Florida – where coal is verboten, natural gas is promoted but drilling for it is banned, and wind and solar are all the rage – electricity prices continue to climb. Florida Power & Light must pay four times as much for photovoltaic power as for coal power, the Heartland Institute reports, and schools face budget crunches for buses and electricity.
America has centuries’ worth of coal. Our reliance on this resource has tripled since 1970 – but sulfur dioxide and particulate emissions are down 40% and 90% below 1970 levels, respectively, notes air pollution expert Joel Schwartz. New technologies and regulations will drive emissions even lower by 2020, and neither mercury nor other pollutants pose significant risks to human health, he emphasizes.
Radical environmentalists worry about speculative health risks, to justify anti-coal campaigns. But their concerns disappear when the discussion shifts to millions of Africans who die every year from real lung and intestinal diseases that result from an absence of electricity for cooking, heating, refrigeration, safe drinking water, hospitals and decent living standards. Wind and solar will not save many of those lives – and yet green pressure groups stridently oppose fossil fuel, nuclear and hydroelectric power for Africa.
US electricity consumption will continue climbing, even with conservation, because our population and technology use are increasing steadily. Meanwhile, 59 coal-fired plants were cancelled in 2007 thanks to eco-activists, who are challenging 50 more.
The US now has virtually no excess capacity, and switching to natural gas as a primary power plant fuel (and fuel for backup generators to support wind farms) means electricity prices could increase “as much as tenfold,” says energy analyst Mark Mills, especially if we continue to ban drilling. “After that we may see forced conservation, or even blackouts in rotation among business and residential customers.”
Energy shortages and price hikes could cost millions of jobs in the automotive, airline, tourism, food and beverage, textiles, paper making, plastics, chemicals, metals and manufacturing industries – especially if Congress also enacts cap-and-trade rules. Most will never be replaced by “green collar” jobs that some claim will be created by intermittent, unreliable wind and solar energy.
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