So, let’s suppose that there is a blue wave, the Democratic
Party sweeps the Presidency and the Senate, and the Democratic-controlled
government legislates an end to fracking and fossil fuel subsidies. What
happens? To begin with, coal mining stops almost completely. The price of
natural gas perhaps quintuples, while US domestic petroleum stops being a
marketable product. Ten million aggrieved suburban homeowners descend on
Washington DC with trowels.
If we’re going to
do this properly, we have to have subsidies to convert our heating systems away
from fossil fuels.
But it doesn’t stop there.
Natural gas is used for other things than heating. Liquefied natural gas (LNG)
is used as a maritime fuel, where it is preferable to the incredibly dirty
marine diesel oil (MDO) that ships burn. (The whole merchant marine is a huge
pollution problem, but that is for another post.) Ethane from “wet” natural gas
is used as a plastics feedstock. Propane is used as a ground transportation
fuel, and everything heavier goes into the various petroleum industries.
We need to plan for all this. We
need to be thinking about it. Is there anyone planning?