While Dick Cheney was Vice President of the United States he said that conservation is a “sign of personal virtue, but it is not a sufficient basis for a sound, comprehensive energy policy.”
This from a man who didn’t know that his country was chiefly dependent upon other countries for fossil fuels. (What are you going to do, Dick? Shoot people for their oil?)
He should have done the math after David J. O’Reilly, Chairman and CEO of Chevron Texaco Corporation, said the following in 2003, while Cheney was the invisible VP:
“Conservation indeed makes a difference. Over the last 20 years, global improvements in energy efficiency were so significant that it’s as if the world ‘discovered’ an extra 20 million barrels of oil a day.
“With global energy demand expected to grow significantly, we’ll need all the energy we can get.”
Let’s do the math using the current price of a barrel of oil:
$73.80 x 20,000,000 x 365 = $538,740,000,000 savings per year.
That’s 540 billion bucks per year, every year - saved by conservation.
Political leaders of countries that have the highest per capita greenhouse gas emissions (e.g., USA, Canada, Australia) should look at conservation as governmental policy - not just as a ‘personal virtue’ - and save more than money.
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Do you know of other ‘words not to live by’ that we should rebut?
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