Statement of Dr. Benjamin Zycher Visiting Scholar American Enterprise Institute
Committee on Senate Finance Subcommittee on Energy, Natural Resources and Infrastructure.
March 27, 2012
No analytic difference between inefficient ditch digging and inefficient power generation
March 27, 2012
No analytic difference between inefficient ditch digging and inefficient power generation
Start at 34:08 and watch a measured destruction of the economics of renewables. In particular, Dr Zycher's simplification of a main plank of the disciples of renewable energy - the creation of 'Green Jobs' - is soul destroying to me (as an avowed opponent of renewables) because it magnifies the idiocy of Governments worldwide, who are driven by 'experts' from Greenpeace, Friends of the Earth and the likes.
At 36:57, - "The Green Jobs Rationale borders on the preposterous". To paraphrase: Governments should outlaw the use of heavy equipment for digging ditches and mandate the use of an army of workers using spoons...."There is no analytic difference between inefficient ditch digging and inefficient power generation as tools with which to pursue increased employment"
That is an awesome quote.
ReplyDeleteTrouble is, gripping the nuclear decision demands hard logic, stroking the green lobby offers warm feelings.
ReplyDeletePoliticians are much better at warm than logic - and treasury much better at "no" than "we've got to - and soon".