Energy Tomorrow Blog
Posted September 22, 2017
Here are some of my thoughts after this week’s news that San Francisco and Oakland have filed lawsuits against five oil and natural companies, arguing that the companies should pay for sea walls to protect the cities in case ocean levels rise due to changing climate:
First, the courts aren’t the place to address climate change policy. This is a complex, global issue that requires global engagement in the public square, not in a courtroom. In this country, elected officials debate public policy issues and then take appropriate action. Lawsuits of the type filed this week tend to serve special interests, polarize people and hinder real solutions.The second point is action. Contrary to the lawsuit’s assertions, our industry is a leader on climate action, working to reduce emissions as part of a broader solution to those challenges. Since 2000 our industry has invested nearly $90 billion in emissions-reducing technologies – almost as much as the rest of U.S.-based private industries combined and more than twice the amount invested by each of the next three industry sectors.
Posted October 8, 2015
These things are true:
- The U.S. gets the majority of its energy from oil and natural gas, and is projected to continue to do so for decades.
- Since 2005 U.S. production of natural gas is up 43 percent.
- Since 2008 U.S. production of crude oil is up 88 percent.
- U.S. air quality continues to improve, with concentrations of carbon monoxide down 60 percent, ozone down 18 percent, lead 87 percent, nitrogen dioxide 43 percent, particulate matter 35 percent and sulfur dioxide 62 percent since 2000.
- The federal U.S. budget deficit for FY2015 was $435 billion.
- The U.S. trade deficit rose in August as exports hit a three-year low.
- Since 2008 our working age population has grown by over 16 million, while employment is up 8.5 million, leaving the U.S. at odds with trends in other countries.
- U.S. poverty and wages are stagnant, and it is getting harder for people to move beyond a minimum-wage job.
- Americans' trust in the federal government's ability to handle domestic problems has reached a new low.
These things are true, and thus, when presented with bipartisan legislation to reduce consumer fuel costs and the trade deficit while increasing U.S. investment, domestic crude oil production, GDP and government revenues and creating good paying jobs – all via U.S. crude oil exports – the White House obviously had no choice but to … threaten to veto it.