Electricity is a good thing. It powers your computer, drives economic growth, transmits images from Tehran streets, keeps preemies alive in hospitals, prevents meat from rotting and enchants and cools you in movie theaters.
Yes, electricity is a good thing. Where does it come from?
In the U.S., electricity is produced from these sources. If you are reading this on a handheld and can’t read Wikipedia’s wonderful pie chart, here is the breakdown:
48.9% — Coal
20% — Natural Gas
19.3% — Nuclear
1.6% — Petroleum
Got that? A tick over 88% of U.S. electricity comes from three sources: coal, gas and nuclear. Petroleum brings the contribution of so-called “evil” energy–that is, energy that is carbon- or uranium-based–to almost 90%.
The remaining sources of U.S. electricity, the renewables, are, by comparison, tiny players:
7.1% — Hydroelectric
2.4% — Other Renewables
0.7% — Other
Hydroelectric accounts for 70% of renewable energy in America. But, of course, hydro is mostly tapped out. Almost every dam that could be built has been built. Ironically enough, political opposition to building more dams comes from the same crowd of tree huggers who oppose coal, gas and uranium.
Do you see where I’m going?
The Waxman-Markey bill that passed the House on Friday by a 219-212 margin will punitively tax energy sources that contribute 90% of current U.S. electricity (or 71% if you want to leave out nuclear). The taxes will be used to subsidize the 10% renewable contributors (but really just 3% after you leave out hydro).
I’ve pointed out before that wind energy is a bad bet. Yet this is deemed to be the future of this nation. Marxman-Wacky dooms the United States to a future of rapidly-rising energy costs and a much lower standard of living. On top of the, it hammers the economy while we are still in serious economic trouble.
On top of that, the “science” this is based on is more faith than fact.
Start calling your Senators and help stop this monstrosity.