Tuesday, September 26, 2006

BUSH BLEW BILLIONS TO HOLD ONTO MID-EAST OIL FOR AMERICA'S FUTURE

US NOW LEFT BEHIND IN RACE TO DEVELOP ALTERNATE ENERGY

This writer argues that President Bush blew billions of dollars in his fight to secure the oil wells of Iraq, in an attempt to secure the future supply of US oil-based energy. But he could have better spent those hundreds of billions of dollars investigating and developing solar power, clean coal and safe nuclear energy, and made the world a safer place at the same time (excerpts below) :

It always comes back to oil. The continuing misguided interventions in the Middle East by the United States and the United Kingdom have their roots deep in the Arabian sand. Ever since Winston Churchill led the conversion of Britain's navy from coal to oil at the start of the last century, the Western powers have meddled incessantly in the affairs of Middle Eastern countries to keep the oil flowing, toppling governments and taking sides in wars in the supposed "great game" of energy resources. But the game is almost over, because the old approaches are obviously failing.

Just when one is lulled into thinking that something other than oil is at the root of current US and UK action in Iraq, reality pulls us back. Indeed, President Bush recently invited journalists to imagine the world 50 years from now. He did not have in mind the future of science and technology, or a global population of nine billion, or the challenges of climate change and biodiversity. Instead, he wanted to know whether Islamic radicals would control the world's oil.

Whatever we are worrying about in 50 years, this will surely be near the bottom of the list. Even if it were closer to the top, overthrowing Saddam Hussein to ensure oil supplies in 50 years ranks as the least plausible of strategies. Yet we know from a range of evidence that this is what was on Bush's mind when his government shifted its focus from the search for Osama bin Laden to fighting a war in Iraq.

It is ironic that an administration fixated on the risks of Middle East oil has chosen to spend hundreds of billions - potentially trillions - of dollars to pursue unsuccessful military approaches to problems that can and should be solved at vastly lower cost, through R&D, regulation, and market incentives. The biggest energy crisis of all, it seems, involves the misdirected energy of a US foreign policy built on war rather than scientific discovery and technological progress.
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