Posts tagged with: nuclear energy

Last week President Obama gave an address outlining his new energy policy. In light of the tragic events in Japan, the speech was much anticipated especially considering the president’s prior commitment to nuclear energy.

As expected President Obama continued advocating for a greener energy policy while continuing to push for the country’s independence from oil. However, the President’s speech, an article by Reuters points out, was “short on details on how to curb U.S. energy demand.”

Furthermore, the President’s call for a path towards greener energy and energy independence will not be easy. The New York Times appropriately states, “The path to that independence — or at least an end to dependence on the Mideast — could well be dirty, expensive and politically explosive.”

President Obama continues to voice his support for alternative fuels and green energy. He argued for energy from wind, solar, natural gas, biofuels, natural gas, and nuclear. However, as I have argued in the past, these alternative fuels have costly subsidies, unintended consequences, are not cost effective, and have proven to be largely inefficient (I address the unintended consequences of ethanol here, here, and here and the unintended consequences with wind turbines here).

The president is calling for more government regulation. He gave a glimpse of a new energy standard he is going to pursue this summer, “This summer, we’re going to propose the first-ever fuel efficiency standards for heavy-duty trucks. And this fall, we’ll announce the next round of fuel standards for cars that build on what we’ve already done” he said. In an economy that is looking to rebound from a recession, businesses do not need another costly government mandate forcing them to change their transportation fleet. Instead, the President should rely on the market. Businesses will upgrade their transportation fleet naturally through the market when it is efficient and more cost effective for them to utilize heavy-duty trucks that are more fuel efficient.

The president also stated that we need to look to other countries, such as Brazil, for oil. However, an article published by Real Clear Markets is very critical of the President’s pursuit of Brazilian oil:

Now, with a seven-year offshore drilling ban in effect off of both coasts, on Alaska’s continental shelf and in much of the Gulf of Mexico – and a de facto moratorium covering the rest – Obama tells the Brazilians:

“We want to help you with the technology and support to develop these oil reserves safely. And when you’re ready to start selling, we want to be one of your best customers.”

Obama wants to develop Brazilian offshore oil to help the Brazilian economy create jobs for Brazilian workers while Americans are left unemployed in the face of skyrocketing energy prices by an administration that despises fossil fuels as a threat to the environment and wants to increase our dependency on foreign oil.

Furthermore President Obama’s talk of expediting drilling permits is not wholly accurate. The Obama Administration has not been friendly to offshore domestic drilling since the BP disaster last year. As the above quoted article from Real Clear Markets explains, there has been a seven-year offshore drilling ban on Alaska’s continental shelf and in much of the Gulf of Mexico. That has not changed under the Obama Administration. The Heritage Foundation pointed out in February:

Putting aside calls from some who want to increase domestic exploration to areas in Alaska and elsewhere, President Obama has completely shut down the existing oil drilling infrastructure in the U.S. At least 103 permits are awaiting review by the Bureau of Ocean Energy Management, Regulation and Enforcement. The federal government has not approved a single new exploratory drilling plan in the Gulf of Mexico since Obama “lifted” his deepwater drilling moratorium in October 2010. Obama also reversed an earlier decision by his administration to open access to coastal waters for exploration, instead placing a seven-year ban on drilling in the Atlantic and Pacific Coasts and Eastern Gulf of Mexico as part of the government’s 2012-2017 Outer Continental Shelf Program.

As expected the president’s energy speech is not receiving much praise from the oil industry. Obama claimed that the oil industry is sitting on leases instead of using these for oil production. Ken Cohen, Exxon Mobile Corp.’s vice president of public and government affairs addressed the President’s claims and reflected on his speech in a Wall Street Journal article:

Said Mr. Cohen: “90% of the words sound relatively right in line with what you’d hear us say,” in terms of enhanced use of natural gas, increasing energy efficiency, more research and development and more domestic production. But the speech didn’t address policies that Mr. Cohen said are hampering oil development, such as opening areas that are off limits to the industry, and insisted on uneconomic mandates for renewable fuel. Moreover, the mention that oil companies are hoarding unexploited leases is off the mark, he said.

“The notion that there’s some economic incentive to sit on a lease is wrong,” Mr. Cohen said, particularly when oil prices are above $100 a barrel.

Despite the recent tragic events of Japan’s nuclear power disaster, it was relieving to see the president not call a halt to nuclear energy. While it will most likely take time for nuclear energy to rebound from the catastrophic events, the president looked at the situation pragmatically by continuing to voice support for nuclear energy while requesting a Nuclear Regulator Commission safety review to make sure all existing nuclear energy facilities are safe.

Despite the criticism, it is still important to keep in mind that we are all stewards of the Earth and need to take care of the planet God has given us. We do not get a replacement and we must see that future generations have a planet they can live in without problems created by our generation. The President’s call to not waste energy should be applauded, and advice we should all heed. However, as the United States continues to define its energy policy it is also equally important to keep in mind we are called to not just be environmental stewards, but also financial stewards. Our energy policy should be for the well-being of the planet but also economically feasible without being burdened with costly subsidies and unintended consequence.

Full text from President Obama’s speech can be found here.

The American Enterprise Institute also provides and insightful critique on the President’s speech which can be found here.

Blog author: jcouretas
posted by on Monday, March 14, 2011

With the terrible human toll from Japan’s earthquake and tsunami catastrophe only now being comprehended, and the grave follow on crisis at the country’s nuclear power plants unfolding by the hour, the anti-nuclear power crowd has already begun issuing statements such as the one Greenpeace put out saying that “nuclear power cannot ever be safe.”

Predictably, reports Geoffrey Lean in the Telegraph, “battle lines” are being drawn:

On Saturday, some 50,000 anti-nuclear protesters formed a 27-mile human chain from Germany’s Neckarwestheim nuclear power plant to the city of Stuttgart to protest against its government’s plans to extend the life of the country’s reactors. Green politicians in pro-nuclear France urged an end to its dependence on the atom, and Ed Markey, a leading Democratic US Congressman, called for a moratorium on building new reactors in seismically active areas.

But Chancellor Angela Merkel, after holding a meeting of the German cabinet on the issue, reaffirmed her confidence in the safety of nuclear power. The leader of Silvio Berlusconi’s party said that Italy would stick with plans to build new reactors. And a spokesman for US Senator Lisa Murkowski said it would be “poor form for anyone to criticise the nuclear industry, or pronounce the end of nuclear power, because of a natural disaster that has been a national tragedy for the Japanese people”.

Poor form, indeed. Now we have an example of an unseemly statement on nuclear power at the worst possible time from a religious leader.

Ecumenical Patriarch Bartholomew I, the Orthodox hierarch based in Istanbul, Turkey, today called for nations to stop using nuclear power and to adopt “green” energy technologies:

… with regard to the explosion of the nuclear reactor and the aftermath of a nuclear adversity, there is indeed a response that we are called to make. With all due respect to the science and technology of nuclear energy and for the sake of the survival of the human race, we counter-propose the safer green forms of energy, which both moderately preserve our natural resources and mindfully serve our human needs.

Our Creator granted us the gifts of the sun, wind, water and ocean, all of which may safely and sufficiently provide energy. Ecologically-friendly science and technology has discovered ways and means of producing sustainable forms of energy for our ecosystem. Therefore, we ask: Why do we persist in adopting such dangerous sources of energy? Are we so arrogant as to compete with and exploit nature? Yet, we know that nature invariably seeks revenge.

This is magical thinking about very practical policy questions and complex technology overlaid with a spiritual gloss. (more…)

Passed on to me by a friend about a post last week:

If a thorium reactor, among other things “created no weapons-grade by-products,” and Iran wants nuclear reactors simply “to establish a complete nuclear fuel cycle to support a civilian energy program,” as it claims, perhaps we could set it up so that potentially dangerous regimes like Iran can use thorium and not uranium based nuclear reactors.

As Tim Dean highlights the possibility in the Cosmos article: “Imagine the West offering thorium-fuelled ADS reactors to countries such as Iran or North Korea: this would satisfy their demands for cheap nuclear power, but entirely avert the risk of the civil nuclear program leading to the development of nuclear weapons.”

In this week’s commentary, “Transcendence and Obsolescence: The Responsible Stewardship of Oil,” I ask the question: “Why did God create oil?” I raise the question within the context of debates about global warming and the burning of fossil fuels, including Al Gore’s movie An Inconvenient Truth and the work of the Evangelical Climate Initiative.

I argue that nonrenewable resources, especially fossil fuels, “have the created purpose of providing relatively cheap and pervasive sources of energy. These limited and finite resources help raise the standard of living and economic situation of societies to the point where technological research is capable of finding even cheaper, more efficient, renewable, and cleaner sources of energy.” Nuclear power is one source that meets these criteria. The NRO blog Reconcilable Differences passes along this NYT magazine story about the potentially bleak future for nuclear power in America, “Atomic Balm?”

The point about nuclear energy is important because the burning of coal accounts for over half of the domestic use of electricity, and that high-profile campaigns like “What Would Jesus Drive?” paper over this key fact. I wonder “just how many coal-powered SUVs have you seen lately?”

Well, it turns out that there is technology that allows us to turn coal into oil, although it is costly and potentially ineffecient. Even so, the high costs of oil are currently turning this into a more feasible economic possibility. For more on this, see this NYT story, “Mining for Diesel Fuel; The Search for New Oil Sources Leads to Processed Coal” (TimesSelect required).

Read the entire commentary here.