Flunking Basic Math

Forbes on the Marxman-Wacky fraud bill:

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.

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4 Responses to Flunking Basic Math

  1. Pingback: Maggie's Farm

  2. J says:

    We are now “ruled” by the dems who consider the voters too stupid and need their rulers to make the decisions for them…..it is no use talking to the party that a MAJORITY of USA voters elected to dictate to us.

  3. Mwalimu Daudi says:

    Meanwhile, the GOP is too befuddled and frightened of its own shadow to mount an effective opposition. Just watch – in the Senate enough RINOs will cave in to give the Won at least a fighting chance to pass this monstrosity.

    A third political party, please. One that will actually be in opposition to the Democrats and not constantly casting aside its principles in search of opportunities to practice “bipartisanship”.

  4. martian says:

    Current estimates are that if this stupid bill gets through the Senate, they day it goes into effect virtually everyone’s electric bill will DOUBLE. Did you get that? That means if you currently average an electric bill of $200/mth it will immediately go to about $400/mth. I don’t know about the rest of you folks but, with two kids in college, I know I can’t afford that.

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