Cheney in a chignon
From Anne B. Butterfield
Cheney in a chignon
Sunday, September 7, 2008
With intense fanfare, crowds at the Republican National Convention in St. Paul roared "Drill here! Drill now!" Some wore hardhats and safety vests emblazoned with images of caribou nestling up to pipelines. It was a drilling cult festival with Gov. Sarah Palin, her hair done up in a high, puffy chignon known as a beehive, as their newly crowned princess.
John McCain was just this guy they could interrupt during his speech to keep up the roar for more drilling.
When it comes to oil that lady is Dick Cheney in a chignon. She tackled big oil in Alaska by threatening to evict major companies from their leases because they had sat on them fruitlessly for decades. She then slapped a windfall profit tax on them and rejected their plans to own the new natural gas pipeline.
Palin's colleagues have worried that she drove too hard a bargain, making it not profitable enough for the companies which can build big enough to draw out large supplies, and which also require high profits to stay in the high risk ventures. But Queen Sarah has also given large incentives to drill for more oil, up to half a billion in "contribution" from Alaska to the company winning the license.
Thomas Freidman of the New York Times sums it up dryly, "Palin's much ballyhooed confrontations with the oil industry have all been about who should get more of the windfall profits not how to end our addiction."
He's right. Palin's windfall profit tax has added $1,200 into the pocket of each Alaskan to help them meet oil prices, which is how many Alaskans still tragically heat their homes. Even Palin's Republican critics have complained this rebate provides no incentive to economize or make changes.
The handouts are cash in hand for Alaskans so they can stay committed to carbon-based fuels, and no renewable portfolio standard exists in Palin's state. On the up side, the state has created a weatherization rebate and programs to promote efficiency. To serve her cities and remote villages, Palin should use every legislative tool of Colorado's to reap the state's rich wind energy, fast.
If you put together Palin's record with McCain's you get bats in the belfry: tax incentives and gifts for fossil fuels as well as high consumption of same, but no tax credits for renewable energy, and a bunch of technical lies or ignorance. Like McCain, Palin is woefully out of date, dismissing alternative energy solutions as "far from imminent and would require more than ten years to develop."
She's got it backwards. The new sources of fossil fuels take serious time to get to market, and wind turbines are the fastest way to get new megawatts onto the grid. A drive on I-80 through Iowa will surprise any regular driver (like your humble scribe) in its town of Adair which has been transformed in the 31 days of this August with 11 new wind turbines, or a megawatt a day.
Our panhandle prophet T. Boone Pickens has paid a bundle in television ads to remind us that the fast way out of our energy crunch is with wind and natural gas to power homes and cars. On oil, he drawls: "Drill, drill, drill but the debate misses the point -- you're still dependent on oil." He knows that any effort to enable oil at the center of our lives is fooling around.
In spite of delivering product a good ten years from now, Palin's new pipeline is in fact a boon because natural gas, the cleanest of the fossil fuels, can provide the quick-start reserve power that partners well with the variability of wind and solar on the grid, and it can power existing, converted cars. Natural gas is one key lubricant of our energy transformation.
Palin has contributed to the future of energy, but overall she's favoring the past as she does with her hairstyle. And John McCain is still muttering about nuclear energy even as the technology for "new nuclear" has been stayed for lack of hundreds of design certifications and always has been the slowest to install. Nuclear and its party date clean coal are as slow and unpromising as John McCain's athletic future. It you want fast results, focus on wind and natural gas, and tell the Governor of Alaska.