In one of the least shocking developments thus far in 2019, Ivory Tower elites, environmentalists, liberal media talking heads, and a bevy of left-wing politicos have all hopped on Rep. Alexandria Ocasio-Cortez’s (D-NY) “Green New Deal” bandwagon.
If passed into law—as unlikely as that might seem—the Green New Deal (GND) would crash the U.S. economy. The GND would ban fossil fuels in the United States over the next decade and implement a universal basic income program and single-payer health care model. It would also “upgrade” all buildings, including homes, to meet impractical environmental standards.
On the one hand, Ocasio-Cortez’s GND displays her utter lack of knowledge about basic economics and energy policy. On the other hand, it presents a wonderful opportunity to reinforce to the public the inherent value and necessity of fossil fuels. Such is the intent of this article.
For the most part, humans have eliminated the negative aspects of fossil fuel use. We can mine coal safely and burn it cleanly. Drilling sites that bring us oil and gas are safe and efficient. Yes, oil, natural gas, and coal will likely become very scarce someday, but it is very unlikely that this will happen during the lifetime of anyone alive today.
As explained by the late Thomas Gold, Professor Emeritus of Astronomy at Cornell University (ref. here, here, and, updating his work, here), research suggests we likely have enough fossil fuels to last hundreds of years into the future. And just in case those estimates are way off, we can rely on nuclear energy, which is essentially limitless.