In my ongoing effort to bring the kind of balance to this blog that you have come to expect from big media, here are excerpts from today’s Financial Times:
Washington’s energy and environment policy risks plunging the US into an economic tailspin that could turn it into “the world’s cleanest third world country“, one of the US oil industry’s most successful chief executives has warned.
James Hackett, chairman and chief executive of Anadarko, one of the US’s largest independent oil and gas companies, said in an interview: “The histrionic and maniacal focus on carbon dioxide is intellectually repugnant to me.”
Mr Hackett’s assessment echoes the private views of many oilmen less willing to be quite so direct and reveals the fissure developing between the industry and Washington. His views contrast with those of cautious, politically and environmentally correct European oil executivesRoyal Dutch Shell. [sic]
Yeah, well “environmentally correct European oil executives” ain’t what they used to be — see “Shell shocker: Once ‘green’ oil company guts renewables effort” and “Investors warn Shell and BP over tar sands greenwashing” and “I see a green wash and I want it painted black” and “Shell spanked for greenwashing ad.”
Actually, I decided to excerpt this interview mainly because of two words added by the reporter, Carola Hoyos:
As with many industry veterans and proponents of improved energy security, he warns government officials and environmental advocates to stop suggesting that solar and wind could reduce the US’s need for petrol.
Instead, he said focusing on solar and wind would work against Washington’s goal of reducing the US’s dependence on foreign oil as it would displace sources of energy produced domestically, such as uranium, natural gas and coal. Somewhat predictably, opening more US land to drilling would be his solution.
Finally, some much needed snarkiness from the mainstream media. You go, Carola.
I’m filing this whole thing under humor because
- I don’t have a category for “tragedy.”
- Hackett claimed uranium is produced domestically, when, in fact, we import the vast majority of the uranium we use. What a comedian!