THE POSSIBILITY OF A REAL POWER LUNCH
October 25, 2006
The Progressive Policy Institute (PPI), which is aligned with the moderate Democratic Leadership Council, has recently crafted an energy platform worth noting, says Investor's Business Daily (IBD).
Among the better proposals from PPI:
- Expand nuclear power -- nuclear power is efficient and virtually emissions-free; as much as 75 percent of France's electric power is created by nuclear reaction.
- Increase natural gas supplies -- natural gas-fired power plants burn cleaner than coal-fired plants and the United States is well-stocked with this resource, with large amounts just waiting to be tapped in the Arctic National Wildlife Refuge in Alaska and on the Outer Continental Shelf.
- Bring clean-coal plants on line -- some coal burns much cleaner than other coal, however, in either case, coal-fired plants can be built and begin to generate electric power much sooner than nuclear plants.
- Update the electricity generation grid -- Texas, New England, the Midwest and the mid-Atlantic region are forecast to have unreliable supplies of electric power on peak-use days as soon as two years from now.
- Construct buildings that will cut energy use -- the private sector can, of course, do this better than government mandate or government regulation.
- Locate power plants closer to consumers -- smaller plants that have short delivery distances are more efficient than large plants that have long delivery distances.
There's nothing about oil, though, among the PPI's proposal.
Avoiding oil will eventually create a huge hole in our energy supply. We need to develop every legitimate energy source if we are going to meet our growing needs. That means pumping every drop of oil that's economically feasible, says IBD.
Source: Editorial, "The Possibility Of A Real Power Lunch," Investor's Business Daily, October 24, 2006; based upon: Jan Mazurek et al., "A Progressive Energy Platform," Progressive Policy Institute, Policy Report, October 16, 2006.
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