Oil spill underlines AmericaÂ’s thirst for energy

UNITED STATES - The worsening oil spill in the Gulf of Mexico, which now threatens the fragile wetlands of the Louisiana coast, is not only turning into a major environmental disaster, and a potential new embarrassment for BP, the company operating the drilling rig where the accident occurred.

It also highlights the policy tightrope that America must walk, as the world's greediest consumer of energy chases its dream of a future free from dependence on foreign oil, much of it from politically unstable parts of the world.

Some time this summer, the U.S. Senate will start consideration of the long awaited – and long overdue – climate and energy bill that is one of President Obama's top legislative priorities. The measure has many vital goals, among them a cut in overall consumption, an increase in cleaner renewable energy, a reduction in the emissions of greenhouse gases, improved efficiency standards, and a new impetus for the civil nuclear industry. But the bill cannot change reality at a single stroke.

Much fuss has been made of the country's first offshore commercial wind farm near Cape Cod in Massachusetts, for which the go-ahead finally came. For the foreseeable future, however, fossil fuels will continue to meet the bulk of U.S. energy needs. Savings can be made by higher fuel standards for vehicles, heating and air-conditioning systems. But if the annual oil import bill of over $500 billion is to be seriously reduced, alternate fossil fuel sources must be found at home. Mr Obama recognized as much last month when he opened parts of the Atlantic seaboard to new drilling. But as the Gulf spill indicates, every option carries a risk.

The most abundant and easily accessible fossil fuel in the U.S., coal, is also the most polluting – and as the recent mining tragedy in West Virginia shows can exert a heavy human toll. The country has reserves of shale oil that in theory could replace oil from the Middle East, but commercial extraction on the scale required carries vast environmental hazards. Much the same goes for shale gas, hailed by some optimists as the miracle answer to America's long-term energy problems.

An equal risk, however, is that the new spill will complicate prospects for the comprehensive energy bill, already at the mercy of a potential Republican filibuster. The accident must be thoroughly investigated. But it should not interfere with the most serious effort yet by Washington to confront the creeping U.S. energy crisis.

Related News

canada-extends-net-zero-target-to-2050

Canada Extends Net-Zero Target to 2050

OTTAWA - In December 2024, the Government of Canada announced a significant policy shift regarding its clean electricity objectives. The initial target to achieve a net-zero electricity grid by 2035 has been extended to 2050. This decision reflects the government's response to feedback from provinces and energy industry stakeholders, who expressed concerns about the feasibility of meeting the 2035 deadline.

Revised Clean Electricity Regulations

The newly finalized Clean Electricity Regulations (CER) outline the framework for Canada's transition to a net-zero electricity grid by 2050. These regulations aim to balance the imperative of reducing greenhouse gas emissions with the practical considerations…

READ MORE
PEI wind power

Minister approves 30-megawatt wind farm expansion in Eastern Kings

READ MORE

Hydro One CEO's $4.5M salary Point of Controversy

Hydro One CEO's $4.5M salary won't be reduced to help cut electricity costs

READ MORE

ontario powerlines

Ontario Providing Support for Industrial and Commercial Electricity Consumers During COVID-19

READ MORE

solar and wind power

British Columbia Accelerates Clean Energy Shift

READ MORE