Denying the market

To be honest, I’m not sure if I was sent this to provoke a comment or if I just happen to be on a list that gubernatorial candidate Heather Mizeur doesn’t use all that often. I think most observers know I have an interest in energy issues, and this definitely falls into one of them. You just have to ask yourself why Mizeur counts herself among the Democrats are so insistent on denying the opportunity for shovel-ready jobs and investment – I thought that was what they were all about.

First of all, this is what Mizeur had to say about the proposed Cove Point LNG export facility.

(Yesterday), Delegate Heather Mizeur (D-Montgomery), candidate for governor, called on Governor O’Malley to join her in opposition to the Dominion Resources liquefied natural gas (LNG) export facility at Cove Point in Calvert County. She made the announcement during a speech at the Stop Cove Point Rally in downtown Baltimore City earlier today.

“I am calling on Gov. O’Malley to take a stand with us today to reject Cove Point,” Mizeur told the audience. “You cannot leave a legacy on addressing climate change and be silent on Cove Point. It’s time for Gov. O’Malley to break the silence and join us in saying no to Cove Point.”

The rally, which was attended by 500 people, was organized by climate, health and anti-fracking activists from across the state, and was one of the largest environmental rallies ever in Baltimore City. It came as the state Public Service Commission begins official hearings on the project.

Mizeur is currently the only gubernatorial candidate to state her opposition to the project. When she announced her opposition in December, both Lieutenant Governor Brown and Attorney General Gansler – the two other Democratic candidates in the race for governor – expressed a desire to build the project without environmental damage, but failed to explain how such a plan would be possible.

Dominion Resources, a Virginia-based energy company, is pursuing the construction of a $3.8 billion facility to serve as a collection point for fracked natural gas from throughout the Mid-Atlantic region, where cargo tankers would then ship it throughout the world.

But the Cove Point facility would release 3.3 million tons of carbon dioxide and other harmful greenhouse gases into the air annually, making it a serious setback to achieving the state’s goals on fighting climate change, including a plan for a 25% reduction of greenhouse gases by 2020.

Mizeur has also called on Dominion Resources to invest $3.8 billion – the construction cost of the proposed facility – in the state’s renewable energy sector. According to the U.S. Department of Energy, clean energy investments create more permanent jobs than exporting fracked gas.

Obviously Mizeur is an adherent to the religion of manmade climate change, a belief system which fails to address why none of the climate models have predicted the lack of warming this century. The fact that they managed to get just 500 people to a climate change rally shows how small the cadre of believers really is – a good Second Amendment or TEA Party rally can rustle up similar numbers without really trying. If this is “one of the largest environmental protests in state history” then we really are letting a tiny minority dictate policy.

But let’s say these guys are really serious – I suppose living in a state foolish enough to believe that artificially limiting its carbon emissions will have an effect on our overall global climate will do that to you. Even if the point source of 3.3 million tons is correct, it doesn’t take into account the reduction in emissions at destination points abroad. Natural gas is cleaner burning than coal, and until we figured out that fracking was a way to supercharge the moribund domestic natural gas market it was a fossil fuel environmentalists weren’t uncomfortable with. To show how the market has changed, the Cove Point facility was originally built in the 1970s as an import facility because the domestic natural gas market was thought to be in an irreversible decline.

On the other hand, the point source investment of $3.8 billion will have a positive effect on the regional and state economies. Last year, in announcing its filing, Dominion claimed the project will create up to 4,000 jobs during the construction phase and perhaps over 14,000 jobs overall, not to mention billions in royalty payments. Because most of the supply would come from regional producers, the entire mid-Atlantic area would benefit (except Maryland and New York, which currently have bans on fracking.) The facility would also provide a needed boost to our export tally to address a persistent American trade deficit, as the LNG is already contracted out to distributors in Japan and India.

Finally, Mizeur complains that the $3.8 billion Dominion is willing to invest in the project could be better spent in the renewable energy sector. Does the name “Solyndra” ring a bell? Despite its best efforts to create a market for offshore wind, companies aren’t willing to make the investment in that area – remember Bluewater Wind? In the area of solar energy, it took billions in taxpayer-guaranteed loans – and mandated renewable energy portfolios such as the one Maryland is saddled with – to get that market off the ground, yet it still produces but a tiny fraction of our electricity needs at a cost several times the going rate for electricity produced from coal or natural gas.

And it’s funny that Mizeur worries about the cost of natural gas going up due to exports, but had no problem with raising the gasoline tax on a perpetual basis. So much for supporting hard-working Marylanders.

So the choices are either zero or $3.8 billion; that’s reality. We can take advantage of proven resources we already have or listen to alarmists whose real goal is to foster dependence on government under the guise of saving the planet. It’s just too bad our little sandbar is energy-poor, unless you deign to call chicken manure an energy gold mine, and even the proponents concede its not as efficient as natural gas.

Comments

One Response to “Denying the market”

  1. […] – one which derives its basis from the private sector. New pipelines aren’t just for export facilities like Cove Point, but could benefit this area and perhaps bring more natural gas service to our […]

  • Political Ads

    Christopher is running in District 37B.

    Authority: Friends of Christopher Adams, Valorie Adams, Treasurer.

  • Johnny is running in District 37B.

    Authority: Friends of Johnny Mautz, Linda Seemans, Treasurer.

  • Mary Beth is running in District 38C.

    Authority: Friends of Mary Beth Carozza, Pat Schrawder, Treasurer.

  • Campaign 2014 – Maryland

    Election will be November 4, 2014.

    Governor:

    Larry Hogan (R)
    Shawn Quinn (Libertarian)
    Anthony Brown (D)

    Comptroller:

    William Campbell (R)
    Peter Franchot (D)

    Attorney General:

    Jeffrey Pritzker (R)

    Leo Dymowski (Libertarian)

    Brian Frosh (D)

  • February 2014
    S M T W T F S
    « Jan   Mar »
     1
    2345678
    9101112131415
    16171819202122
    232425262728  
  • Advertise with monoblogue and you’ll reach a lot of people!

    Freedom fighters and TEA partiers in Maryland and beyond are discovering monoblogue!

    Click on the photo for details.

  • I haven't. Have you?
  • Part of the Politics in Stereo network.
  • Link to Maryland Democratic Party

    In the interest of being fair and balanced, I provide this service to readers. But before you click on the picture below, just remember their message:

  • Categories

  • Locals flock to monoblogue

    More and more locals come here for 'News and views from Maryland's Eastern Shore.'

    Click on the photo for details on advertising opportunities.

  • Archives

  • More Campaign 2014

    Contested races only.

    First District - Congress

    Andy Harris (R)
    Bill Tilghman (D)

    ___

    Maryland General Assembly (local)

    Senate District 37

    Addie Eckardt (R)
    Chris Robinson (D)

    ___

    House District 37B

    Republican

    Christopher Adams (R)
    Johnny Mautz (R)
    Rodney Benjamin (D)
    Keasha Haythe (D)

    ___

    Senate District 38

    Mike McDermott (R)

    Jim Mathias (D)

    ___

    House District 38A

    Charles Otto (R)
    Percy Purnell, Jr. (D)

    ___

    House District 38B

    Carl Anderton, Jr. (R)

    Norm Conway (D)

    ___

    House District 38C

    Mary Beth Carozza. (R)

    Judy Davis (D)

    ___

    Wicomico County

    County Executive

    Bob Culver (R)
    Rick Pollitt (D)

    ___

    County Council at-large

    John Cannon (R)
    Matt Holloway (R)
    Laura Mitchell (D)

    ___

    Council District 2

    Marc Kilmer (R)
    Kirby Travers (D)

    ___

    Council District 3

    Larry Dodd (R)
    Josh Hastings (D)