@Cycloptichorn,
Cycloptichorm wrote:If the Dems proposed a compromise plan, which allowed some drilling but sank more money into aggressively pursuing those renewable resources, would you be in favor of it? For your party has generally signalled that it would not be.
And this is the funny thing about compromise; I don't support offshore drilling and I don't think we should be expanding it. But I am willing to compromise on this issue. It doesn't mean that my opinion is changed. It just means that I realize my opinion is not the only one.
What good would "sinking more government money" into "aggressively pursuing renewable sources" entail? Are you advocating more government spending on basic research, or on the actual construction and operation of renewable power generators? Do you believe this government spending will add to or detract from the economic incentives for private investors to develop cost effective renewable generators themselves? I can think of many good reasons to believe this kind of government intervention might do more harm than good - merely creating another permanent drain on the public treasury and an attendant political lobby somewhat like that of the agricultural industry, to keep it going forever, notwithstanding the economic harm it is doing.
Compromise is in principle a good thing. However a compromise that involves doing something that is actually stupid and harmful to the very goals for which it was created, benefits no one.
Boone Pickens says he can create enough electrical energy, using wind turbines in the central plains, to replace 20% of our electrical power generation. He adds that he doesn't want any government money to do it, but unfortunately, he is not clear on just why he is doing all the advertising and just what "help" he wants from the public.
Drilling for petroleum in the offshore areas of both coasts and in the Arctic will most certainly benefit our economy by reducing our trade imbalance on a dollar for dollar basis. Moreover, given the well-known fact that markets adapt now to anticipated new sources of supply, the fact of our development will in fact have some very prompt effects on the international petroleum market. The likely adverse environmental effects are minimal as is being demonstrated every day in offshore drilling operations in the North Sea, ou our Gulf Coast and in West Africa and South America.
It is very likely that this is a loser issue for the Democrat party - the public is desidedly for drilling; Pelosi & Reid are in full retreat and there is no political need for compromise at all.