Samuelson writes in today’s Washington Post:

“For decades, we’ve talked and talked about the need to end America’s century-long addiction to fossil fuels. . . . Time and time again, the path forward has been blocked — not only by oil industry lobbyists, but also by a lack of political courage and candor.”
– Barack Obama, June 15 address on the BP oil spill
Just once, it would be nice if a president would level with Americans on energy. Barack Obama isn’t that president. His speech the other night was about political damage control — his own. It was full of misinformation and mythology. Obama held out a gleaming vision of an America that would convert to the “clean” energy of, presumably, wind, solar and biomass. It isn’t going to happen for many, many decades, if ever.
For starters, we won’t soon end our “addiction to fossil fuels.” Oil, coal and natural gas supply about 85 percent of America’s energy needs. The U.S. Energy Information Administration (EIA) expects energy consumption to grow only an average of 0.5 percent annually from 2008 to 2035, but that’s still a 14 percent cumulative increase. Fossil fuel usage would increase slightly in 2035 and its share would still account for 78 percent of the total.
Unless we shut down the economy, we need fossil fuels. More efficient light bulbs, energy-saving appliances, cars with higher gas mileage may all dampen energy use. But offsetting these savings will be more people (391 million vs. 305 million), more households (147 million vs. 113 million), more vehicles (297 million vs. 231 million) and a bigger economy (almost double in size). Although wind, solar and biomass are assumed to grow as much as 10 times faster than overall energy use, they provide only 11 percent of supply in 2035, up from 5 percent in 2008.
There are physical limits on new energy sources, as Robert Bryce shows in his book “Power Hungry: The Myths of ‘Green’ Energy and the Real Fuels of the Future.” Suppose an inventor “found a way to convert soybeans into jet fuel,” Bryce writes. “Even with that invention, the conversion of all of America’s yearly soybean production into jet fuel would only provide about 20 percent of U.S. jet fuel demand.” Jet fuel, in turn, is about 8 percent of U.S. oil use. Similarly, wind turbines have limited potential; they must be supported by backup generating capacity when there’s no breeze.

The rest here. For more on Bryce’s book, see Sterling Burnett’s post from Friday here.