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The
environment needs to be protected in a practical manner. In this regard,
I believe that global warming is happening, and that action should be
taken to protect the environment. As the States regularly compete for
new industry based on tax breaks, etc., and pollution rarely remains
within a State’s borders, it is imperative that a strong federal
Environmental Protection Agency be maintained.
Air quality
will become a very significant issue in the very near future. Benefits
of action will include better health and less health care costs (and
Medicare/Medicaid costs) in the future.
While I am in
favor of permitting drilling for oil in an environmentally protective
manner in virtually any area, I do not believe that additional drilling
in the U.S. is going to solve our long-term energy needs. I have
heard my Democratic opponent, Jim Martin, claim that a significant part
of the run-up in the cost of gasoline is due to actions of oil
speculators. However, according to an article in the July 5th-11th 2008
edition of The Economist magazine titled "Don't Blame the
Speculators": "Politicians who try to make oil cheaper by
restraining speculation will just make things worse." At its
end, the article provides: "Despite their dismal reputation, the oil
speculators provide a vital service. They help airlines and other
big oil consumers to hedge against rising prices, and so to reduce risk
- a boon amid the economic turmoil. By the same token, they provide oil
producers with much more predictable future revenues, and so allow them
to expand more confidently and borrow more cheaply. That, in turn,
should help lower the price of oil in the long run. Any attempt to
curtail speculation, by contrast, is likely to make life harder for
firms and oil more expensive."
We need to
create special incentives for clean-burning alternative sources of
energy to oil. Such alternative sources would be a potential means of
substantial withdrawal from the Middle East. We would need to consider
implications upon withdrawal. I believe that hydrogen fueling for
vehicles and planes is the solution to many problems. A hydrogen-based,
water emissions system that worked on a global basis would: (a) help
stop global warming; (b) substantially reduce our need for oil; (c)
reduce health problems; and (d) ultimately cost much less than gasoline.
Tremendous strides are now being made by BMW, GM, Ford, Honda and other
companies to move to hydrogen fueling. In an article by Kevin Ransom for
AOL AUTOS, Matt Zuehlk of Ford was quoted as saying, "I still think this
is the technology that's going to win out in the long-run picture.
I think Hydrogen presents the most plausible long-term path to
widespread viability -- both due to driving range advantages, and the
zero-emission benefits." See:
How Hydrogen Will Work (PDF).
While
technology now exists to produce hydrogen at the equivalent of $1.50 to
$3 per gallon of gas, the production price is expected to decline
dramatically in the future. Very importantly, hydrogen engines are 2 to
3 times more efficient than the internal combustion engine, meaning that
$3 for hydrogen equates to $1.50 or less per gallon of gasoline.
Hydrogen is now readily made from natural gas, and creation of hydrogen
at stations from natural gas may be the best way to get started.
It has been estimated that hydrogen can be produced from natural gas for
as low as 63 cents per gallon, while reducing greenhouse gas emissions
by 50% for ordinary vehicles on a "well to wheels" basis. See:
Hydrogen Press Release.
Consider the
potential economic boon if the U.S. leads the hydrogen charge. As real
estate slows, the U.S. needs a new economic catalyst. Hydrogen could be
it. No excise taxes should apply to any clean-burning fuel such as
hydrogen. Rather, gasoline should carry the burden of federal excise
taxes for roads and bridges. It may be that the most efficient system
would be one wherein individual filling stations convert ordinary water
(perhaps even rain water) to hydrogen and then store it underground.
Electrolysis could perhaps be used to split water into hydrogen and
oxygen. An efficient and safe system should be utilized. If such an
individual filling station system is the best system, then we need to
look at figuring out the best way to implement it. A major reward should
be granted for a “turn-key” solution for hydrogen fueling. The reward
should be $7 billion for the first company or venture that installs 10
stations and places 1,000 vehicles on the roads in each U.S.
metropolitan area with a population of 3 million or more. The vehicles
would need to be safe and would reasonably be anticipated to cost less
than $2 per gallon in gasoline-equivalent terms. Solar and
wind power also provide clean energy, and they should not be taxed.
On October 3,
2007, the Atlanta Journal-Constitution reported that Mazda had unveiled
a hybrid powered by hydrogen. The car could run on both hydrogen and
gas. (BMW has also produced cars that run on both hydrogen and gas.) The
hydrogen tank could propel the vehicle over 124 miles. The emissions:
only clean water. Mazda’s current plan is for utilization only in Japan.
The U.S. needs to jump on hydrogen’s tremendous economic and
environmental opportunity as soon as possible.
Solar and wind
power also provide clean energy, and they should not be taxed. I also
believe that nuclear power can be safely utilized, and its utilization
should be expanded. Nuclear power could be the source for creation
of hydrogen through electrolysis.
Overall, I
like the T. Boone Pickens plan. I especially like the wind power piece.
The best use of natural gas must be determined. The market is the best
source to determine.
Concerning
electric cars, Chevrolet will soon introduce the Volt. As advertised,
the car will travel 40 miles on one charge, with the fuel cost equal to
70 cents to 80 cents per gallon in gasoline equivalent terms.
Corn-based
ethanol and numerous other sources of ethanol are not the
solution. They are a short-term stopgap measure. “(C)orn-based ethanol,
the sort produced in America, is neither cheap nor green. It requires
almost as much energy to produce (more, say some studies) as it releases
when it is burned. And the subsidies on it cost taxpayers . . . between
$5.5 billion and $7.3 billion a year. . . . America should bin its silly
policy. If it stopped taxing good ethanol and subsidizing bad ethanol,
the former would flourish, the latter would wither the world would be
greener and the American taxpayer would be richer.” (Source: The
Economist - “Castro was right” April 7, 2007.)
The October
2007 edition of National Geographic magazine provides the
following concerning biofuels and ethanol: “Biofuels as currently
rendered in the U.S. are doing great things for some farmers and for
agricultural giants like Archer Daniels Midland and Cargill, but little
for the environment. Corn requires large doses of herbicide and nitrogen
fertilizer and can cause more soil erosion than any other crop. And
producing corn ethanol consumes just about as much fossil fuel as the
ethanol itself replaces. . . . Some studies of the energy balance of
corn ethanol—the amount of fossil energy needed to make ethanol versus
the energy it produces—suggest that ethanol is a loser’s game, requiring
more carbon-emitting fossil fuel than it displaces. Others give it a
slight advantage. But however the accounting is done, corn ethanol is no
greenhouse panacea.”
The
environment is an area where cooperation and agreement with other
countries is necessary. Any environmental treaty should include all
industrialized countries and all countries reasonably anticipated to
become industrialized.
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