That's the headline on this week's Scripps-Howard column by Joel and yours truly, in which we tackle the Obama administration's announcement this week of plans to lift the moratorium on offshore drilling -- with some crucial caveats, of course.
My take, briefly:
Fact is, the United States is going to be a petroleum-based economy for some time to come. Rather than rely on volatile supplies from increasingly hostile regimes, Obama should open the Outer Continental Shelf -- and Alaska and California, for that matter -- for American firms to explore and use until better, cleaner and greener technologies are ready to for the market.
Joel's take, briefly:
Politics aside, there's a real danger here: Nobody believes that the world oil supply will last forever. Offshore drilling can be useful only if we intentionally use it as a bridge to our low-carbon alternative-energy future. It should only proceed on that basis. Otherwise, Obama might just be the next in a long line of presidents who deepened our unsustainable addiction to oil, even while deploring it all the way.
Why not read the whole thing and share your take?