Market Anarchism: From Hyperbole to Democratic Energy
Grant A. Mincy | February 12th, 2015
The future of energy in the United States is a testy topic these days. Politicians, industry officials and special interests are fighting over partisan policy proposals. All actors are fully engaged in the art of hyperbolic mouth breathing — depraved political theater at its finest.
The Obama administration wants to build a legacy of environmental stewardship and energy independence. Not so easy in the current market, as these two tasks seem ever at odds. Regarding stewardship, the administration has put its political clout behind designating the Arctic National Wildlife Refuge (ANWR) as wilderness. This would liberate the landscape from oil and gas production, road construction, clear cuts and other industrial follies. However, the administration also proposes opening up sections of the Atlantic coast for oil exploration for the first time in US history. This would expose previously protected territories to industrialization and the risk of disaster. ...