Correction, Please!
“Clean Energy” Used for Dirty Work
Item: Bloomberg News reported on March 1, 2011: “Cutting ozone pollution using the Clean Air Act will have saved $2 trillion by 2020 and prevented at least 230,000 deaths annually, the U.S. Environmental Protection Agency said in a report.” The account continued: “Tougher emission restrictions adopted in 1990 helped avoid more than 160,000 premature deaths, 130,000 heart attacks, 13 million lost work days and 1.7 million asthma attacks last year, according to today’s report, which measured only the impact of amendments from 1990. By 2020, complying with the amendments would prevent 200,000 heart attacks, 17 million lost work days and 2.4 million asthma attacks, according to the report. ‘The Clean Air Act’s decades-long track record of success has helped millions of Americans live healthier, safer and more productive lives,’ EPA Administrator Lisa Jackson said in a statement.”
Item: Writing in his March 4 “DailyFinance” column for the Internet portal AOL, entitled “The Fix for High Oil Prices? Regulate the Speculators,” Peter Cohan pins the blame for the increase in oil prices largely on insufficient regulation by the Commodities Futures Trading Commission and a delay in implementing the Dodd-Frank financial reform law. “Oil speculators using cheaply borrowed money to bet on rising oil prices and a falling dollar are playing on media-fueled fear to make big profits. The good news is that stopping those speculators would be easy: Regulators should demand higher margin requirements. By cutting off their easy ability to gamble with cheap debt, the regulators could push speculators out of the market and relieve consumers from pain at the pump.”
Item: Writing in the New York Times for February 28, Anne Mulkern of Greenwire comments: “As the price of oil climbs over $100 a barrel, it’s fueling arguments for congressional action from groups with very different agendas. The corn ethanol industry and farm groups say it underscores why Congress shouldn’t block federal support for the biofuel. Wind’s trade group argues that switching to plug-in vehicles powered by turbines would improve fuel independence.”
JBS Member or ShopJBS.org Customer?
Sign in with your ShopJBS.org account username and password or use that login to subscribe.
Subscribe Now
- 24 Issues Per Year
- Digital Edition Access
- Exclusive Subscriber Content
- Audio provided for all articles
- Unlimited access to past issues
- Cancel anytime.
- Renews automatically
Subscribe Now
- 24 Issues Per Year
- Print edition delivery (USA)
*Available Outside USA - Digital Edition Access
- Exclusive Subscriber Content
- Audio provided for all articles
- Unlimited access to past issues
- Cancel anytime.
- Renews automatically