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Can We Dig It? Should We Dig It?

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Stephen Pizzo
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It's all up for grabs folks. Big oil wants to cash in on the their dwindling asset, and those desires grow with the price of oil. Big coal wants to figure out how to fill the gap left when oil can no longer feed demand. Big coal wants it all, they want to heat your home, run your electrical devices, even liquify the stuff so you can burn it in your SUV.

Its the biggest gold rush since -- well, the gold rush. And there's a very real risk that in that rush emerging clean, renewable energy technologies will get trampled -- and if that happens you can bet it won't be by accident, but by design. Key to that design is for those industry to convince the public and congress to give them the greenlight light to drill and dig where they've never been allowed to do so before. Their solution is another shoot of the hair of the dog that bit us. More oil, more coal. More of the same.

So this would be a good time to let your member of congress know that you want these questions answered and honestly and under oath before they pass any legislation either expanding oil drilling, coal mining or nuclear plant construction.

Oh, and tell them to pass the legislation mandating carbon caps, even though the President vows to veto it. (Bush will go down in history as probably the only president with the distinction of making the wrong choice on every major issue during his presidency, from war, to peace, to global warming. he's been wrong on each and all.The fact that Bush opposes this legislation is simply further proof that it's the right legislation.)

Congress will, of course, come under blistering attack from the oil and gas industries. Dire warnings will rain down upon them. That propaganda campaign is already in full swing:

US coal lobbyists unveil nightmarish vision of life after cap-and-trade law
Tuesday, 3 June 2008: US businesses have spent tens of millions of dollars trying to kill a proposed law that would introduce European-style "cap-and-trade" rules on carbon emissions – even before the bill hit the floor of the Senate for discussion yesterday. (Full Story)

Hmmm. Is there a anti-tobacco lawyer in the house?  I think we have some fresh, well-heeled defendants for you to chew on.

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Stephen Pizzo has been published everywhere from The New York Times to Mother Jones magazine. His book, Inside Job: The Looting of America's Savings and Loans, was nominated for a Pulitzer.

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