The global energy story of today is coal, which dwarfs the output of solar and wind.
Rasheed Wallace gained notoriety during his 16-season NBA career for being a hot-headed power forward. If called for a foul (or, as was often the case with him, a technical foul) that he thought was undeserved, and the opposing team missed the ensuing free-throw attempts, Wallace would often holler, “ball don’t lie,” as if the basketball itself was pronouncing judgment on the ref’s call.
The “ball don’t lie” expression has gained fame and is even the title of a popular basketball blog.
I’d be inclined to adopt a variation on Wallace’s catchphrase for whenever energy use or energy policy is being discussed: Numbers don’t lie.
Indeed, on Monday, BP released the latest edition of its BP Statistical Review of World Energy, and that document shows that once again, the global energy story of today isn’t wind, solar, or “clean energy,” it is coal. The numbers put the lie to the ongoing story being pushed by the Obama administration, the Sierra Club, and their many allies on the green Left.
Earlier this month, the EPA released its new Clean Power Plan, a 645-page set of regulations that aims to cut carbon dioxide emissions from the domestic electricity-generation sector by 30 percent by 2030 when compared with 2005 levels. The EPA claims that the new rules are needed because greenhouse gases such as carbon dioxide threaten “the American public by leading to potentially rapid, damaging and long-lasting changes in our climate that can have a range of severe negative effects on human health and the environment.”
Let’s look at the numbers. As I wrote in these pages on June 3, the EPA’s proposal aims to cut U.S. carbon dioxide emissions by about 720 million tons over the next 16 years. But that reduction will amount to a drop in the global carbon dioxide bucket. According to the new BP numbers, in 2013 alone, global CO2 emission rose by 630 million tons. In other words, in one year, global CO2 emissions rose by nearly 90 percent of the reductions being proposed by the EPA.