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Wednesday 27 July 2005

Info Post
With increasing levels of incredulity I've been skimming the crush of press releases and articles quoting a few fringe environmentalists regarding the energy bill. The common thread in such statements is a condemnation of provisions that provide financial incentives to the energy industry to increase capacity and develop and utilize advanced technologies.

They decry the "waste" of taxpayer money.

So I ask:

Is it a waste to invest in a diverse energy portfolio that limits our dependence on any one generation source and thus supports national security?

Is it a waste to support developing technologies that will decrease polluting emissions and increase security and safety? And as an aside, I will repeat a fact that extremists often exclude; Every energy technology receives research and development support from the federal government.

Is it a waste to ensure that the generation capacity is available to support our growing population and economy?

The recent heat wave in large swaths of the country combined with increased demand exposed points of vulnerabilities in places like California where an electrical emergency was declared. All over the Midwest, the heat claimed the lives of some of our most vulnerable citizens. Like it or not, we are dependent on electricity for our health and safety.

Of course we should invest in energy conservation and the energy bill includes provisions to do so. But conservation can only stem the increase in demand, it won't lower it.

Of course we should invest in technologies like wind and solar power and the energy bill includes these provisions as well. But wind and solar currently provide less than 1% of our energy needs. Even the American Wind Energy Association has concluded that under the best circumstances wind energy could supply only about 6% of our nation’s electricity by the year 2020. And wind and solar will never be suitable for providing baseload capacity.

In short, I can think of few better or more important ways for Congress to spend my taxes. A stable and thriving energy portfolio is vital to our individual well-being and that of our nation.

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