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For years, hyperactive environmentalists have burned
votive candles to the spirit in the sky, hoping she'd levitate energy
prices high enough to make alternatives to oil economically feasible.
That day has come. Result: The oil has hit the fan.
With gasoline over $4 and with life as they love it in
the suburbs being shut down, did people call for the windmills? Nope. A
heavy majority want to drill the bejeezus out of anywhere in America we
can find familiar black slop.
No one has been hit harder by this unexpected truth than Nancy Pelosi and her green brigades.
Fearful of an up-or-down vote on drilling for oil in,
of all places, our own country, the Pelosi House and Harry Reid's
Senate shut down Congress. House Minority Leader John Boehner calls
drilling the greatest issue Republicans have had in his political
lifetime. A party flat on its back is ready to run on oil pumps.
Why stop there?
Republicans shouldn't settle for making the world safe for SUVs. What's going on here is about more than $4 gasoline.
When Nancy Pelosi and the Democrats spent a week
holding the people's chamber under house arrest, they made plain a
political vulnerability beyond drilling. To achieve greenhouse gas
goals in the out-years, they are willing to risk a slowdown now in the
American economy. How else can you interpret what happened this week?
These Democrats aren't environmentalists. They're enviromaniacs.
An environmentalist with two feet on the planet is
someone who admits that fixing what economists call "externalities,"
such as air pollution or climate effects, requires a balance between
those goals and protecting the productive economy.
An enviromaniac is the sort of person who would say:
"Breaking our oil addiction . . . will take nothing less than a
complete transformation of our economy." The complete transformation of our economy?
So said Democratic presidential candidate Barack Obama
in his major energy statement this Monday. Though the speech had hedged
bows to oil, coal and nuclear, it was overwhelmingly a Goreian jeremiad
about "building" a new economy on a promise called renewables.
"We can see shuttered factories open their doors to
manufacturers that sell wind turbines and solar panels that will power
our homes and our businesses," he said. "We can watch as millions of
new jobs with good pay and good benefits are created." This will "meet
our moral obligations to future generations."
Whoa. "Millions" of new jobs building solar panels and wind turbines, and this is to "meet our moral obligations?"
Virtue aside, here's the biggest problem with Sen.
Obama and Democratic enviromania: It's a risky roll of the dice with
the U.S. economy.
The economy we've got works. We know that
carbon makes the U.S. economy run like a Swiss watch (transportation,
distribution, production, commuting). The bet between carbon inputs and
growing American outputs is virtually 1:1.
Mr. Obama and his Democratic colleagues in Congress
want a "complete transformation" of an already successful economy. Not
partial. complete. Can any of them say what the odds are that
all this economic activity, including the nation's electrical grid,
will work as well with their new fuels? Assuredly, growth's odds aren't
as good as the ones we have now.
Sen. Obama: "I will not pretend we can achieve [my
goals] without cost or without sacrifice." Might this mean foregoing
some GDP for five to 10 years? "Growth" appears in Mr. Obama's speech
only to describe the "clean energy sector."
The problem with Democratic enviromania is that it's
uncoupled from the realities of a nation whose economy has to compete
now with the Chinas and Indias of the world, whose high growth rates
use proven energy sources.
Republicans this fall should push their argument
beyond drilling. Drilling is mainly a proxy for one's understanding of
the U.S. economy. The Democrats and Mr. Obama showed this week they are
so in thrall to Al Gore's big climate bet that they'd risk having a
slow-growth economy. The GOP should run on High Growth America as a
better bet than Democratic Slow Growth.
Instead of enviro-messianism, they should propose a
drill-to-transition for whatever energy source can prove it works at a
nonsacrificial price -- shale, coal gasification, nuclear, solar or
some combination. (Windmill farms are a pox on the land.)
Don't be oil-industry deniers. Mr. Obama and Rep.
Pelosi want to hammer and punish the only players on the field who
actually know how to put massive amounts of energy on the grid. Don't
we want them using their resources to drill here, rather than off in
some godforsaken place producing gushers of cash for people who want to
pound us into a hole? We need Smart Oil on our side for at least 10 years.
Democrats this week chose the prayer of alternative
energy over proven prosperity. They've handed prosperity in the
here-and-now to the Republicans. Run with it.
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