Heb! Big Energy Plan Doesn't Event Mention Renewables; Fracking - That's Innovation!

[hatrack]

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Increased fracking will result in more jobs and more growth, he said, citing a Harvard Business School paper on energy. But unlike that paper, Bush’s plan makes no mention of renewable energy of any kind, even though renewable energy sources such as wind, solar, and hydro now account for half the new electricity generation in the United States. In more economic terms, solar accounted for one out of every 78 new jobs created nationwide last year.

But solar and wind are not the energy revolution; the energy revolution is fracking, according to Bush. “We have, thus far, benefited from the energy revolution simply because Washington did not have time to quash it, but we will never know how many other innovations have been lost due to overregulation,” Bush’s campaign wrote in a Medium post.

In fact, the current laws making it difficult to export natural gas — which Bush wants to get rid of — may actually keep prices low for consumers and manufacturers. The U.S. Energy Information Administration found that a surge in the global natural gas supply would cause prices to rise “between 4 percent and 11 percent, on average, over [the EIA’s] current projections for the 2015 to 2040 period.”

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It’s also worth considering how fracking has benefited in the United States from skirting environmental regulation. The so-called Halliburton Loophole, implemented during the George W. Bush presidency, exempts fracking companies from disclosing the chemicals they use, as long as they don’t use diesel. So fracking’s boom — while lowering the cost of natural gas — has also raised myriad environmental concerns, including groundwater contamination, earthquakes, and explosions. The practice has also proved difficult for localities to effectively regulate. After one town in Texas passed a ban on fracking, the state legislature passed a ban on banning fracking. Bush announced his plan at Rice Energy, a shale gas company in Pittsburgh, Pennsylvania. “Your success makes environmentalists miserable,” he told Rice owners and employees gathered for the speech.

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You sneering, snotty, stupid little prick. FUCK YOU.

http://thinkprogress.org/climate/2015/09/29/3706874/jeb-energy-plan/

[Octafish]

1. Cheney wrote the rule.

"Scientific advisory panels at the Department of Energy and the EPA have enumerated ways the industry could improve and have called for modest steps, such as establishing maximum contaminant levels allowed in water for all the chemicals used in fracking. Unfortunately, these recommendations do not address the biggest loophole of all. In 2005 Congress—at the behest of then Vice President Dick Cheney, a former CEO of gas driller Halliburton—exempted fracking from regulation under the Safe Drinking Water Act. Congress needs to close this so-called Halliburton loophole, as a bill co-sponsored by New York State Representative Maurice Hinchey would do. The FRAC Act would also mandate public disclosure of all chemicals used in fracking across the nation."

-- Scientific American, Nov. 2011, "Safety First, Fracking Second"

Fracking is so Buy Partisan, though. Like money.