Remember, folks, when you see more and more of your family’s budget for food, housing, health care, and everything else being eaten away by the ever-increasing cost of heating your home and getting to and from work every day: THIS IS WHAT THEY WANT. THIS IS WHAT YOU VOTED FOR.
Chris Hayes: We’re talking about the massive, extractive energy boom happening in America right now and how it’s transforming our politics and how that can be made to work with a sane climate policy, which is really the difficult question. Before the break I left the question on the table about the price of energy being too low right now. Basically we see this massive amount of supply has come onto the grid thanks largely to natural gas. The price has come down, and I think we generally think, “Oh, lower prices are better.” But it seems to me there’s a lot of problematic stuff about the price coming down sharply as it is right now in terms of incentives for efficiency and et cetera.
Dan Dicker: You would want the prices to go up a lot because it would drive the next stage towards renewables, and make that at least cost-effective. Algae fuel, we talk a lot about that…
C.H.: Some people talk about that.
D.D.: Yeah. The cost is about eight and a half to nine dollars a gallon compared to gasoline as it is now. You want the prices to go up to make these a little more cost effective. Drive the technology into them. Unfortunately it’s actually going quite the opposite. You talk about increased supply here in the United States. In fact, overseas demand is dropping. We are still in the midst of an economic problem in Europe. Chinese growth is going down. Indian growth seems to be going down. In this country we’ve done better in terms of efficiencies and our demands are starting to drop, so in terms of what economically you can expect, you will expect the opposite, or at least I do over the next several years, that oil prices will in fact go lower. Natural gas you can – because we have a futures market, we look forward to the future and see what people are betting the price is going to be. That doesn’t go over 5$ an MCF until 2020 according to the futures markets. So although you might want… we have to drive the renewable argument some other way, because price doesn’t look like it’s going to do it.
Frances Beinecke: Look, the only thing that’s going to change that is if we finally put a price on carbon.
Emphasis Jazz Shaw’s throughout. As for the imbecilic “finally put(ting) a price on carbon,” the market already does that. It has also put a price on those other pie-in-the-sky “alternatives,” which is why they’re completely nonviable without government manipulation: interference which distorts the market and costs the hapless, much-put-upon subjects of liberal-fascist governance a lot of money. What they really mean instead is that they want to punish the use of carbon-based fuels, and those who rely on them. Which basically means all of us who don’t wish to live in a cave or have a commute to work longer than we can comfortably walk or bicycle.
The thing that finally squares the Progressivist circle-jerk is this: liberal-fascist douchebags want you to pay higher and higher taxes, which stolen money they will then use to force you to pay more for energy that actually works and is plentiful and readily available, so you can then be forced to pay even more for energy that doesn’t work, isn’t readily available (some of it, like those “algae fuels,” doesn’t even exist), and that nobody wants. This, to them, is “smart” and “efficient” and “responsible” and “sustainable” and “winning the future.”
They are morons–insidious, yes; perfidious, yes; pernicious, yes; cunning and conniving, yes; blankly, blithely evil, yes. But in the end: morons. And if you voted for them, and intend to continue to do so, so are you.
Update! You’ll get nothing, and like it.
“On the face of it, it looks like a good deal. They talk about all these huge jobs and long-term benefits to the county. The truth is, it’s a very short term,” Riverside County Supervisor John Benoit said. “We’re going to be carrying the burden of having these types of facilities for decades to come, and because of the incentives that have been provided by federal and state government, there’s virtually nothing left for the county government or the local people to get benefit back after the small number of construction jobs are gone.”
Unlike Riverside’s 500 megawatt natural gas-fired facility, which pays $6 million a year in property taxes, a solar plant being built a few miles away will pay next to nothing, just $96,000. When Riverside balked at its own upfront infrastructure costs and tried to impose an impact fee, the industry sued.
Solar also promised to be a cheap source of power, fueled by the sun. What the industry didn’t say is the technology only converts a fraction of the sun’s energy, and the intermittent nature of sunshine does not produce the power promised.
And Stanford economist Frank Wolak, a California energy expert, said solar could boost consumer energy bills up to 50 percent, a finding similar to the state Public Utilities Commission. Solar power from two recently approved plants range from $100 to $200 per megawatt hour, at least 8 times higher than the $16 consumers pay for natural gas.
“It’s probably 50 percent more (than coal or natural gas) today,” Benoit said. “Five years ago, it was probably a 100 or 150 percent more costly to generate a kilowatt with solar. The cost of these panels has come down dramatically. But still, getting back to the old equation, do you want to spend a little bit more to be green? And the legislature and the governor in California have said clearly, we’re going to do that.”
Answering critics at a solar ribbon-cutting earlier this year, Gov. Jerry Brown laid down the gauntlet, affirming his commitment to solar energy and saying he would “crush” opponents of solar.
“There are going to be screw-ups. There are going to be bankruptcies. There’ll be indictments and there’ll be deaths. But we’re going to keep going – and nothing’s going to stop me,” Brown said.
Spoken like a true liberal-fascist tyrant. And a wholly typical one. “Nothing’s going to stop me”–not facts, not logic, not reality that fails to conform to liberal fantasy every single time. Not abject failure to fulfill even a single promise, not ridiculous and unnecessary expense, not suffering on the part of his subjects, who are powerless to do a damned thing about any of it. Nothing. Straight on ahead with the tyrant’s muttonhead agenda, no matter what. You can be completely assured that he means it, and is not hyperbolizing or overstating even slightly.
Good. And. Hard.