Monday, August 11, 2008

More Energy Insanity: this time from Thomas Friedman

Friedman, never one to let facts get in the way of his argument, says in his latest column the US should follow the example of Denmark, who is energy independent, and has high taxes (sometimes a good idea but probably excessive here) and a lot of senseless regulation (no driving on Sundays, at least once upon a time). (He's also easily impressed by the two button toilets, which I've had in my bathroom for the past year or two).

He says we should follow their example, instead of pursuing dumb ideas like drilling for offshore oil.

Of course, what he neglects to mention is that Denmark produces about 5 times more oil per person than the US, nearly all of it from off shore drilling. If the US had the same amount of off shore oil drilling per capita, it could supply the oil needs for roughly half the world.

Similarly, in Brazil, held up by NPR as the model of using biofuels for energy independence, still produces 7 times more oil than ethanol, and has achieved energy independence largely because of new offshore oil discoveries. (The story also mistakingly fails to account for the energy content of ethanol.)

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