The pro-climate change activists plan to replace fossil fuels with alternative energy sources. If they succeed, it could end in a disastrous shortfall in the global energy supply. Alternative energy as a total replacement for fossil fuels is wasteful and inefficient. Nevertheless, that is the path Barack Obama has put us on, not because he is succumbing to the demands of the radical environmentalists, but because he is one of them. He wants us on the road to 0% fossil fuels.
The federal Department of the Interior on Wednesday announced a decision to auction off 343,833 acres of the ocean off New Jersey to offshore wind power development on November 9th.
The bidding is coming from 13 companies deemed to be “legally, technically and financially qualified” to participate but 87 percent of federal offshore acreage was declared off limits to the oil and natural gas development, as is the entire Atlantic Coast, the entire west coast and most of Alaska.
Obama’s Climate Action Plan is geared towards shutting down coal, oil and gas and to promoting the more expensive and less efficient so-called clean energy sources.
The DOI release stated that “If fully developed, the New Jersey Wind Energy Area could support at least 3,400 megawatts of commercial wind generation, enough to power an estimated 1.2 million homes, according to the Department of Energy’s National Renewable Energy Laboratory.”
That’s equivalent to about five power plants but the costs are far greater.
Without being propped up by subsidies, the costs associated with solar and wind aren’t even in the race with natural gas according to WattsUpWithThat. Coal is even cheaper.
According to the Institute for Energy Research, wind energy accounts for a small fraction of energy production in the United States.
“Today, wind power provides 1.8 percent of all the energy consumed in the United States. Though wind power has increased substantially since 1970, it constitutes only a small fraction of U.S. electricity supply. In 2013, wind power accounted for 4.4 percent of all electricity generated in the U.S.,” the Institute reported.
There is a reason for that. The demand isn’t there. Extremists are creating an unnatural demand.
No matter what it takes and no matter what the cost, the direction has been set.