Jordan Silva
Blog 1
Environmental Econ
Dr. Eubanks
Is
This the End of New Pipelines?
This
article talks about numerous different fossil fuel pipelines around the United States
and their effect on the people and environment around them. In the United States
there is enough pipeline to circle the globe! These pipelines damage waterways
and the many animal species that lay in the pipelines path.
Clean energy is becoming
more relevant and as of today can be used in a variety of ways that make it
superior to fossil fuels. However, “the federal government approved projects
and permits without the complete analyses required under environmental laws.”
The government is knowingly approving permits without proper analysis. I would
assume this probably has to do with lobbying and special interest groups
throwing money around to get what they want. The current administration has “vowed
to expand America’s oil and gas infrastructure and his administration has
pushed to limit the ability of states to challenge pipelines.”
A chief executive of the
American Petroleum Institute stated that ““Our nation’s outdated and convoluted
permitting rules are opening the door for a barrage of baseless, activist-led
litigation, undermining American energy progress and denying local communities
the environmental, employment and economic benefits modern pipelines provide.” According
to chooseenergy.com, “a successful clean energy transition could generate 65
million new jobs worldwide and result in $26 trillion in financial benefits by
2030.” Jobs will be lost due to clean energy transition but as with every new
technology some jobs get lost but many are gained as well, and society as a
whole will have a greater benefit from clean energy.
Investment into fossil
fuels will decline in the future as cleaner sources of energy will be needed to
combat climate change.” Microsoft and Apple wrote a letter to Dominion, a company
that backs the Atlantic Coast pipeline, questioning
its plans to build new natural gas power plants in the state, arguing that
sources like solar power and battery storage were becoming a viable alternative
as their prices fell. And earlier this year, Virginia’s legislature passed a
law requiring Dominion to significantly expand its investments in renewable
energy.” These two companies are on the right side of the argument. Investment
is going to grow substantially in solar power and other sources of clean
energy. As demand increases for clean energy alternatives such as solar power
or a battery powered Tesla these products should be come cheaper and more
affordable for the everyday consumer.
Works
Cited
1. https://www.chooseenergy.com/news/article/report-says-clean-energy-create-65-million-new-jobs.
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