This post on ChicagoBoyz points out that the political left, including Obama, has no intention of investing in energy infrastructure. The post notes this NY Times editorial piece which exposes the left’s antipathy to transmission infrastructure. Here is the agenda as seen from the left:
PRESIDENT Obama has laid out an ambitious agenda for dealing with our energy needs and climate change: he proposes to double the supply of renewable energy within three years, establish a cap-and-trade program to reduce carbon emissions and use federal stimulus dollars to help homes, businesses and governments use energy more efficiently. This is the right blueprint for increasing the number of green jobs, encouraging economic growth, ensuring that the United States has the energy it needs at reasonable prices, and reducing the risk of global climate change.
Aside from “renewable energy” which constitutes 3% of US energy production with a practical cap of 10% of need by 2020, let alone three years, there are no plans to produce more energy.
lawmakers should resist calls to add an extensive and costly new transmission system that would carry electricity from remote areas like Texas, the Great Plains and Eastern Canada to places with high energy demands like Boston, Chicago and New York. This idea is being promoted by energy companies and by elected officials who see it as an economic development opportunity for their particular state or region. Long-distance transmission lines are needed, they argue, to ensure that the president’s energy goals are met.
We have already eliminated windmills near Cape Cod because they offend Ted Kennedy. Does anyone think New York City is to be covered with solar panels ? The only possibility for wind power and solar power is to generate it in places where it is possible, then transmit it to the places where it is needed.
In Massachusetts, we get about 5 percent of our power from hydroelectric plants in Quebec. Our distribution utilities are negotiating to install a second transmission line for Canadian hydropower, which would be paid for through long-term power-purchase contracts approved by the New England states whose residents use that power. Developers of remote wind-power farms in eastern Canada have said they would also like to sell us electricity, but unless the combined cost of the power they could provide and its transmission is competitive with our other renewable energy choices, their projects won’t get approved. That’s the way it should be.
The real agenda of the political and environmental left is to reduce power usage, no matter what the consequences. Cap and Trade will certainly do that. Now all we have to do is find work for all those laid off by factories leaving the environmentally sensitive states. The real story is here:
the US has failed to invest in generation and transmission assets over the last 25 years or so. “Base load” generation primarily consists of 1) coal plants (no one is building new ones because of environmental legislation) 2) hydroelectric plants (no one is damming rivers due to the Sierra Club) 3) nuclear plant (they are far too expensive, regulation is uncertain, and Three Mile Island hasn’t gone away). There have been some “peaker” plants running natural gas (more expensive) and some minor “renewable” projects but generally we have just been “running in place” with regards to capacity and utilizing up all the “reserve” capacity that had been built up in previous years, as evidenced by blackouts in places like California.
The future with Obama, Reid and Pelosi is grim.
Here is an upbeat appraisal of Obama’s plans but note very little about building new transmission lines.
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I work in semiconductor manufacturing. This is a very energy intensive industry. The amount of electricity it takes to produce a single device is staggering.
That power has to be dependable, as well. A <1 sec. flicker in the power to one of our fabs caused the loss of half a month’s output with a capital loss in the millions, as well as delays in delivery that took two months to catch up on. That’s not counting the loss our customers took from not having their parts on time, and the loss of future business that excursion cost us. Wind power just cannot support semiconductor fabrication, and any artificial localized increase in energy prices will drive the industry to friendlier shores.
Cap-and-trade will end semiconductor fab manufacturing in the US in five years; just enough time to buy and put in enough infrastructure in some non cap-and-trade country to support it. (Mexico would love to have our semiconductor industry, but I think it will likely go to the first non-Japan Asian nation to enact firm IP protections.)
I had a laser in my office about 20 years ago. It was a copper vapor laser for treating varicose veins and was very sensitive to voltage fluctuation. I had to add a line sensor and voltage modulation device, something like a UPS. The voltage in Laguna Hills, CA would fluctuate from 95 to 130 volts all day. This was coming from a combination of coal fired and nuclear generation. Most of it was probably load fluctuation. I suspect big manufacturing firms that are dependent on energy sources will have to go to self generation. The problem then is cap and trade.