Thursday, September 29, 2011

Barnet Shale Bonanza

Yet another in our compare and contrast series...

This time compare the myth of 'Green Jobs' propagated by the entire political class on both sides of the Atlantic, from Obama to Cameron to the many and varied functionaries of the EU politbureau - along with their allies in the bloated NGO sector, with the reality of job creation and economic activity surrounded shale gas in the United States. Look at the Spanish experience:

The internal report of the Spanish administration admits that the price of electricity has gone up, as well as the debt, due to the extra costs of solar and wind energy. Even the government numbers indicate that each green job created costs more than 2.2 traditional jobs, as was shown in the report of the Juan de Mariana Institute

Now take a look at the report high-lighted by the Global Warming Policy Foundation:

The Barnett Shale natural gas field has generated $65.4 billion in economic activity and created more than 100,200 jobs over the 24-county area since 2001, according to a new study commissioned by the Fort Worth Chamber of Commerce.

The full report can be found here: http://www.fortworthchamber.com/BarnettShaleStudy11.pdf

This should be cause for celebration in the UK. Given the scale of recent discoveries of vast shale gas deposits in the UK, we too should be looking forward to a major boost to jobs and economic activity. This really is a no-brainer. You'd have to be totally ideologically blinkered and/or have some personal financial stake in "renewables" not to see this. Not that we would suggest that David Cameron's father-in-law or Chris Huhne's wife would have much of an influence, despite their financial profit from wind farm subsidies and the like.

It's such a no-brainer in fact, that it really begs the question, yet again, of why our leaders believe what they do.

1 comment:

Elby the Beserk said...

"It's such a no-brainer in fact, that it really begs the question, yet again, of why our leaders believe what they do."

Because they are all cunts?