Duh: Bipartisan Report Says Nuclear Energy Would Help America
Third Way, a non-partisan think tank, issued a joint report with the Heritage Foundation which concluded that "a rebirth of nuclear energy would deliver vast economic and environmental benefits to the United States." This was of course the highly anticipated follow-up to their well-received "The Sky is Blue" report.
The vote allows oil and gas drilling off the Atlantic and Pacific coasts, but only if the drilling takes place "50 or more miles out to sea," despite the fact that most of the estimated 18 billion barrels of oil below coastal waters are within 50 miles of land, and as such are still off-limits. From Breitbart:
Adam Sacks, director of Oxford Economics USA, said building 53 new plants in the United States would result in reduced demand for fossil fuels domestically and could save the U.S. up to $9 billion a year in energy imports, most of which would be petroleum imports.Update: More developments regarding another piece of the energy puzzle - offshore drilling. The House voted late yesterday to approve offshore drilling. Sweet, now we can start drilling, right? Not so fast.
The expansion of nuclear power will create many jobs, many of them high-paying, technical jobs, Sacks says.
The vote allows oil and gas drilling off the Atlantic and Pacific coasts, but only if the drilling takes place "50 or more miles out to sea," despite the fact that most of the estimated 18 billion barrels of oil below coastal waters are within 50 miles of land, and as such are still off-limits. From Breitbart:
And Pelosi wonders why her approval rating is lower than George Bush's.An administration statement said the bill would "stifle development" of offshore energy resources by essentially making permanent drilling bans within the 50-mile coastal buffer, while imposing new taxes on the largest oil companies.
"How much new drilling do we get out of this bill? It's zero. Just zero," declared House Republican leader John Boehner of Ohio. "It's a hoax on the American people. This is intended for one reason...so the Democrats can say we voted on energy."
Labels: Energy