Oklahoma’s Winds May Come Sweeping Down the Plains, But the State Whacks Production Tax Credit (PTC) for Wind Energy
Those who may be fixated on kleptocracy that the U.S. federal government has become should be aware that certain of the states are excelling at lying and conducting corrupt business practices as well. Take Oklahoma, for instance, with its dogged support of fossil fuels and its aggression against renewables.
Oklahoma’s Senate Pro Tem Mike Schulz (R), who sponsored the bill to bring an abrupt end to the PTC says, “Accelerating the end date of the wind-energy tax credit provides certainty for the industry and more predictability and stability long term in the state budget.”
Really? Certainty is the result of the sudden, unexpected phasing out of the credit ahead of time? For a moment, think about how blatantly incorrect that is. As the article linked above notes, “It goes against the idea that businesses want certainty. A project proposed for next year, for instance, will now have to recalculate its rate of return.”
Welcome to a world where people will believe essentially anything they’re told.
Craig you point out another example of how our so called reactionary and dark money driven public policy generators and our elected legislatures are prisoners to Dark Money. Our nations so called legislative decision makers are prisoners to Red Herring ideology and even sound fiscal outcomes no longer matter.
Perhaps there much more substance to this Alternative Facts Matter more ERA we have entered!
While some may proclaim or Pontifiacte that they lay claim to some Mythical Free Market forces needing to be at work – or flailing at it some how in this convoluted MIX- they do enjoy their fleeting Photo or press release Op!
the reality is they will end this wind tax policy at all costs even if it costs us more to do so. Even if its market performance outcomes exceeded all cost concerns since its Enactment.
There is a old saying dont fix something it it is not Broke! did that get Blown away with the Wind????
perhaps political dysfunction is the by product of wind energy as a waste stream???
perhaps I ask too many questions. or as Shakespeare said the Man Doeth protest too Much!
The Triumph of Moneyed Interests over Good Public Economic ,Energy or Environmental Policy continues at a ever more rapid pace as our so called experiment in democracy erodes at a faster rate> It is almost like the melting of the Glaciers accelerating !!
faster……while the talking heads are chirping about , well did our naval task force sail North or South or Sail at All ; is it all Fog! Why the FOG ??
Your conclusion is right about this latest knee jerk Okl. state anti Green Energy policy and let s continue climate denial Myths longer……while they still think they can get over with it.
All objective reasons for labeling the Natives GOMERS as their practices continue to defy good business practices.
The economics of this decision fly in the Face of over 9,000 jobs created , positive cash flows through out the state , and the economic impact resulting in more tax revenue generated greatly exceed the PTC tax loss. ( cost of program to state)
Bad policy, poor economics and they get to keep subsidizing oil / gas when its causing them Earthquakes now. Go figure. Bush the First claimed that he did not endorse Voodoo economics long ago but it has more than 9 Lives it seems….
The feeble minds of so called conservative types that run things over there – its not conservatism any more as the facts undermine the economic argument….for doing away with the wind PTC so abruptly means they are working overtime on Earning their cherished Gomer Stripes – like 50 Shades of RED INK !
The irony is the lag time for the revenue impact of the bill to take effect over 10 years or more to impact the so called state budget crisis like in 2028 or so. But it gives the GOMERS a rallying cry almost like a babys nursing bottle pacifier that they took a stand for American energy and not the weak energy of wind…etc etc. and the Minions will soak it up.
Good bar talk…unless you get laid off from your high paying wind or electrical job. Or get lease payments to keep one on your declining family farm as the cost inputs to farm and resources like water are driving you to the edge —- The Life and Times in Gomerland stumble and bumble on – Perhaps it would get boring without these unproductive antics and side shows to laugh or sigh about . this is Regression not Progression
New Straw Man talking points let em ramble….. guess they dont really like Green Money either!
They keep earning their Stripes in Gomerland its endless….
Wholesale Electric prices are going down in ERCOT, CASIO , S W Power Pool and other places as a result of ever decreasing wind power costs. But some how these real facts get lost in the convoluted mix.
Ideological REd Herrings Abound and they Overwhelm good policy much to our Collective Detriment and so it goes….
Carbon Forces are mounting last stands stay tuned….Keep your headlights On and dont drink the Koolaid.
Craig,
Both the articles and your conclusions are distorted by prejudice.
Oklahoma’s largest taxpayer is the Oil/Gas industry. Without the revenue from this industry the State budget wouldn’t exist. Oil/gas prices are at the lowest point for many years as the entire world is experiencing a glut of oil/gas production.
Oklahoma is experiencing tough competition to attract investment in the oil/gas industry during a time of low profits and low prices.
In contrast the Wind industry contributes very modest revenue to the State coffers and has been the recipient of very generous State and Federal incentives.
The Governor and legislators first duty is for the economic well being of her State and it’s people. The governor must keep the money flowing for public services. Maintaining or increasing tax on Oklahoma’s oil/gas industry would be suicidal. Killing the goose that lays golden eggs, would be irresponsible.
Likewise, continuing to subsidize an low revenue industry isn’t helpful when the State has massive debt and budget crisis.
It also reveals how dependent the Wind industry is on State subsidies, despite considerably generous federal subsidies.
Four books, 7100 blog posts, and 8 years later…and I still haven’t gotten anything right. Too funny.
Craig,
” I still haven’t gotten anything right”. That’s as inaccurate as saying “I’ve got everything right”.
After careful consideration, I observe since the election of Donald Trump you have become even less objective and realistic.
In your “Crusader” mode, you are giving way to viewing more issues through a narrow prism of ideological belief, ignoring facts and circumstances you dislike.
How do you expect to appeal to anyone outside a small group of “true believers” if you never take into consideration all relevant circumstances and dynamics.
Michel de Nostredame was also a prolific writer, but although his work was, and remains popular, it’s only real value is to provoke discussion.
Provoking discussion is very valuable, especially in these troubled times.
Craig,
” I still haven’t gotten anything right”. That’s as inaccurate as saying “I’ve got everything right”.
After careful consideration, I observe since the election of Donald Trump you have become even less objective and realistic.
In your “Crusader” mode, you are giving way to viewing more issues through a narrow prism of ideological belief, ignoring facts and circumstances you dislike.
How do you expect to appeal to anyone outside a small group of “true believers” if you never take into consideration all relevant circumstances and dynamics.
Michel de Nostredame was also a prolific writer, but although his work was, and remains, popular, it’s only real value is to provoke discussion.
Provoking discussion is very valuable, especially in these troubled times.
Marco your point about Oil and Gas being primary source of state revenue for Oklahoma is noted. There is accuracy to that.
However several analysis of the OKl budget and the wind related tax revenues indirect and employment related show that wind delivers more than it has gotten.
I support wind but see the technology as ready to exit the PTC world in a step down basis which is now under way. The phaseout can be handled and will not kill the industry.
The wind industry wants the States to start pulling back some of the many various tax breaks that Big Oil and gas have depended on for close to a century. so there needs to be some evening out of things.
I think we will see some States move in that direction. And the climate is growing for the public to accept some gas tax increases to fund roads etc. Okl. NM. and even Texas do need to nurture their fuel sector and cant ignore it , while I am on the Green side of the river I realize that we do need the other side and cant throw the whole baby out at one time.
There seems to be awareness in so called red States that they need to raise revenues and abandon their phobia and aversions to all taxes as times and conditions are changed and growing more challenging.
We shall see where it goes. But the big subsidy arguments dont hold much water any longer things have balanced out much more than one would think.
Okl needs to diversify and many former farmers are looking at indoor agricultural hydroponics and other low intensity practices. Maybe this will catch on. they are centrally located in respect to markets.
To add to Craig s points and Positive Post – The success of wind Industry sector while Global in its reach has some new Mile stones
One of them is notable as it is right in our Mate Marco Polo’s neighborhood. The world’s Largest hybrid wind and battery Power power plant is being built in Australia .
so even our Mate will have access to more wind Power in coming days ….part of sustainability is spreading good things around sharing!
enjoy it…..
Silent,
I live in the coal/gas/hydro State of Victoria, so the South Australian installation has little effect on me as a consumer.
I’ve got my doubt’s about the economics of the South Australian facility, but it will be interesting to see how it all works out.
You should probably examine the viability of lithium-ion battery technology before passing judgement. (Although I’ll concede it’s logical to assume superior technology will replace today’s Lithium-ion)
Trying to compare the economic value of revenue from Oil/Gas production with wind is a mistake. It literally comparing apples and carrots !
The tax revenue gained from Oil/Gas production and value to the state as an export industry is vastly different to local electricity supply.
Oil products attract a raft of taxes, spread over many products, and brings money into the State. In contrast local electricity supply contributes very little to State revenue, except if provided very cheaply and reliably.
Intermittent power generation will always prove expensive.
Marco
What part of Australia is where you live? Geographically in the N E area or Central?
I knew Aussies mine Nat Gas and export it as a cash crop to India, and SE Asia etc. but I did not know about oil resources. Does Aussie land have some decent reserves?
yes the fossil fuel sector does have a much longer tail of rtax revenues due to the many products that are derived from Oil. That is a good point and it is reasonable to include in the discussion Marco.
States and Countries though over dependent on certain tax revenues and it creates a safe comfort zone that can inhibit more diversification to the resource base.
The folks in Wyoming are learning that lesson now. coal is declining and its 40 % or more of the budget and they discouraged more wind development and have lost market window opportunities as the red necks saw wind as a threat and not as a diversification and chance to expand the tax base etc. So that is my take on that.
Now Wyoming in a reactionary mode may raise the sstate tax on wind too high and under cut the marketability of some large projects that want to export wind to Californaia.
if they push too hard Cal government will put more money into Transmission Lines to Salton Sea area of California. This would allow greater build out of the vast Geo Thermal resources there.
many have said this is a better option as Geo thermal is firm generation – dispatch able power etc. So a wy. wind Tax over reach might shoot them selves in the boot as they say!!!
Be happy that Australia is expanding energy options and gets diversified like a good investment portfolio hey right Mate !
There are some new developments cooking in the Trump administration re wind and finding a way to slow it down to benefit coal…. if this discussion goes anywhere I will discuss.
Silent,
I live in Australia’s second largest city, Melbourne, in the State of Victoria. Victoria is the most southerly of the mainland states,
I also farm in a beautiful valley in northern Victoria close to the mountains. The property isn’t large by some Australian standards, but very fertile and productive thanks to the locations and considerable environment investment.
Australia has considerable reserves of oil and gas,fortunately most of it in arid, sparsely populated areas.
Recently, Oil reserves have been upgraded from 58 billion barrels to over 500 billion. In the past it was held to be a ‘scientific’ certainty Australia possessed about 0.3 per cent of the world oil reserves.
Recent discoveries have raised those estimates enormously, and may still be just the tip of a much larger discoveries.
Australia also possess large quantities of high grade Lithium and Thorium deposits.
Marco to carry forward Craig’s message on Wind here is the end result of the large Growth and continued Growth of WIND Power in UK.
Your Homelands are getting cleaner you may consider a return perhaps. Even if just for a Longer Holiday perhaps!
Congratulations to the Good people in the UK a country I long to visit before my time is gone. TURNING OFF COAL ALL DAY THIS FRIDAY
Britain could see its first full day without coal
April 21, 2017
By The Associated Press
Britain’s National Grid says Friday may be the first full 24-hour work-day since the Industrial Revolution in which the nation doesn’t depend on electricity generated from coal.
NOTHING THE CON MAN TRUMPET CAN DO EITHER WHAT WILL HE SAY OR DO OR TWEET !
LONDON (AP) — Britain’s National Grid says Friday may be the first full 24-hour work-day since the Industrial Revolution in which the nation doesn’t depend on electricity generated from coal.
As alternative energy production grows, Britain has several times since last spring managed to fully supply its power grid without relying on coal. But the longest period has been 19 hours, and grid officials seem confident that a full day will be achieved.
SPONSORED CONTENT ?
If Britain goes coal-less Friday, it will be the first time since the world’s first centralized public coal-fired generator opened at London’s Holborn Viaduct in 1882.
Britain wants to phase out coal by 2025.
David Elmes of Warwick Business School says a coal-less work-day is a “milestone in a transition to fuels that will be more flexible and sustainable.”
God may save the Queen after all with a little help from our friend in the WIND !!!!
Silent,
Don’t get too excited by articles such as these. Such announcement are more publicity stunts than realistic endorsement for Wind Power.
The growth of natural gas fired power to almost 30% of total electricity production, coupled with nuclear 21%, Hydro with pump storage, etc are mostly responsible.
Lower demand helped, but what most UK citizens fail to realize is most of Britain’s “renewable energy’ is imported.
The hugely complicated and labyrinthine EU and UK charges, taxes and incentives relating to energy trading are almost incomprehensible and bear no relation to reality. However, the effect is to justify the use of ‘imported’ power in preference to locally produced coal powered generation.
It’s ironic that today’s ardent greenies and leftist demonstrators stridently demanding the demise of Coal, are also vehement in their hatred of the late Margaret Thatcher who as PM fought so bitterly to reduce UK coal production !
One of the effects of Brexit will be a more comprehensive and clearer reassessment of UK energy consumption and emissions targets.
Holy ravioli Marco – thanks for sharing where you are are . I have seen pictures of that Big Bridge I think in Melbourne .
so you are in N Melbourne area and its Green must get some rains …
Back to ravioli ….500 Billion barrels is that Proven reserves , or Potential reserves ? What is the economically proven reserves at current prices?
is it shale or conventional as that is alot of Oil Marco. Aussie land only has 7 million folks or so right ?? concentrated in the East and South mostly so domestic consumption must be Low.
you guys can export and afford a bigger Navy and Air Force mate. Be independent of us. call your own shots.
If the oil is out in the Outback or West maybe then the environmental conflicts are much reduced as there is no water to ruin which contrasts with the States. Much of our shale is in populated areas and where the water table or resources are close to the surface so there can be issues of conflict. That is where I get more concerned.
I reckon you dont have much of winter ? so heating degree days not a issue so you can afford exporting large amounts of gas.
You probably can run the country on Gas and solar and turn off your coal like England is doing.
I think the article is quite clear and its not Greenie Weenie Hype ….let Maggie Thatcher rest in peace that ERA is over.
UK is expanding its EU and Norway interconnections so they exchange energy continuously . They are building out to over 8 GW of interchange and maybe more.
the potential Black Swan is the financial risk involved with Hinckly Point nukes and now the Moorhead nukes in England due to Westinghouse going under with Toshiba so there could be a Black Swan events cascading from that. EDF is shakey now too as is the entire French nuclear supply chain and plants and the French government will have some Tall hard choices to make as the bill’s are coming due …
so things in Aussie land look real pleasant in comparison the old World has looming issues but You are in the New World.
The US now uses around 17 million barrels a day down from 23 million 10 years ago. So Aussie land with 500 Billion barrels has many many years of supply for 7 million people and I assume most travel to Darwin on west coast is done by Train or plane?
Marco I would beef up your defense capability as PRC may come hunting for more OIl in the future!!! Don t repeat the hard lessons of Singapore that tragedy should never have happened.
so prepare now.
Hi Silent,
Australia is a great country in which to live. (Much like the US, but fortunate to retain the UK political system).
My state of Victoria, does suffer from drought every generation or so, but winters are fairly mild, it seldom snow below 1500 ft. I live in an affluent, low density inner suburb on Melbourne, a city blessed with the world’s largest suburban Transport system of Train and Tramway.
I work in a skyscraper in the CBD.
My farming property is located 4 hours drive from my home in Melbourne.
Australia’s population is only, 24 million yet despite being nearly the size of the continental USA, Australia is one of the most urbanized nations on the planet, with 95% of people living in a handful of large coastal cities.
Coal provides about 68% of Australian electricity production, with Victoria and NSW as leading producers.
Coal is Australia’s second most valuable export commodity ($70 billion annually), Australia technology in harvesting and using Coal Seam Gas, methane-based gas etc is the most advanced in the world. Carbon sequestration is very much a hot topic with considerable interest, especially since Australia has proven coal reserves to last hundreds of years.
Coal has considerable environmental defects, despite being a proven economically reliable energy resource. The industry is working hard to develop technology and methods of mitigating negative environmental emissions, and these efforts are beginning to show real promise.
Grrr,…the “big Bridge” you are referring to belongs to Melbourne rival Sydney! (The Sydney Harbour Bridge).
Most of Australia’s oil reserves are shale, or unconventional.
Darwin is a smallish city in the Central Far North of Australia, the city you are thing of is the capital of Western Australia, Perth. (Most travel is by aircraft, trains really struggle to be viable for passenger traffic).
The Australian armed forces are relatively small, and volunteer professional. It’s fair to say that since the second World War, Australia has depended on it’s US ally for defence from larger hostile nations.
It’s also fair to say, the US has never wavered in it’s commitment to Australia.(Nor Australia’s support of the US).
Today, is Australia’s ANZAC day, which along with NZ is our Veterans’ day. I have just returned from the service and am spending a quiet hour or two before joining old comrades for the annual diner.
Incidentally, the PRC don’t need to come hunting for resources, Australian governments are eager to sell to the PRC !
The energy picture in the UK, and all of Europe, is not as rosy as you would suppose from the media.
Most of the media isn’t very interested in analyzing or penetrating the mind-numbingly complicated structures that are set to obscure Europe’s real energy dynamic matrix.
The result is about like employing Craig as an analyst. Only positive data is admitted, negative or contradictory data ignored or deliberately discounted.
Hopefully, in the years to come, the picture in the UK will become more obvious once Brexit is complete.
Like all technology, some Nuclear Power Generation technologies are more advanced than others.
IMHO, Japanese designed Thorium powered mini-reactors, are the best and most economic method of replacing coal generation, while providing economic, environmentally efficient, clean, large scale electric power generation for the later half of the Twenty-first century.
Marco thanks for summary on Australia energy resource mix. I knew you export large volumes of coal and are second to only Qatar in exporting GAS.
Hope that coal seam gas lasts a long time!! In the states the coal bed methane sector has pretty much dried up with the exception of a few fields. They were in and out in around 7 years in Wyoming – salted up some of the ranch land with their produced waters and the gas volumes dropped real quick . short term Boom. In Ala and So Col. along the N NM line, the coal bed methane sector keeps viable and has had some longevity. The US has Too much Shale gas here to harvest so we moved on.
Back to Wind , yes it has some challenges but here is a summary of where wind is at today in the United States – Strong Impressive Position and only a ideologue would argue with these market facts .
Answering the Call: Wind Powers Jobs & Growth in America’s Heartland
April 21, 2017
Last year, while overall U.S. jobs grew at a sluggish 1.8 percent, jobs in America’s wind industry grew 16.5 percent — nine times faster. By the end of 2016, U.S. wind employment hit a record-high 102,500 jobs, reaching all 50 states. By 2020, U.S. wind jobs are expected to more than double, to a quarter million, including jobs in communities near wind farms and factories.
Across the nation, there is a booming U.S. workforce that is powered by the wind. Every new modern wind turbine installed creates on average 44 years of full-time employment for U.S. workers over its full lifetime. Of these jobs, 80 percent are in blue-collar construction, operations, transportation, the supply chain and manufacturing. They include the fastest-growing U.S. job — Wind-Turbine Technician — and substantial numbers of American Veterans, who the wind industry hires at a 50 percent higher rate than the U.S. industry average.
Each wind project also generates tens of millions of dollars for rural America, through jobs, taxes and lease payments to farmers and ranchers, enriching those families and communities
The Take Home – Political and Economic and Corporate support is Diverse Now – getting entrenched in the economy so it will be challenging Task for the pro Carbon sector to undermine it. Be going against the Money and Job makers!
For 2017, wind’s strong market momentum is bringing more good news to Americans and the nation’s energy future — with more jobs, growth and cheap clean electricity for U.S. workers, businesses and ratepayers. Surging orders and investor confidence are underscoring wind’s increasing market dominance and new reality as America’s #1 renewable energy. Wind is now a mainstream player in the U.S. energy mix, and common ground that Americans agree on.
Wind is winning in the marketplace because of its proven reliability and market-beating cost, down 66 percent since 2009. It’s the cheapest source of new electricity and a growing, secure presence on power grids across much of the nation, attracting utilities such as Xcel Energy and MidAmerican Energy and corporate buyers including Amazon, General Motors, Google, Target and 3M.
In 2016, wind capped a second straight year installing more than 8,000 megawatts (MW), and exceeded both natural gas and solar in new U.S. utility-scale capacity for 2015-2016 combined, according to the Federal Energy Regulatory Commission.
Wind now counts more than 82,000 MW in U.S. capacity, enough to power 24 million American homes. Last year, U.S. wind invested more than $14 billion, building new wind farms and facilities across rural America. Nationwide, wind totals more than 1,000 utility-scale projects, 52,000 wind turbines and 500 factories
That’s very good news for America’s heartland, where wind power has arrived in a big way. Wind development plays an important role in advancing energy and economic renewal in rural America, the Rust Belt and Midwest states, and has bipartisan backing from large majorities. In last year’s Presidential race, 83 percent of all Americans favored more U.S. wind development. And 74 percent of U.S. Congressional districts have operating wind power projects or wind-related manufacturing facilities, including 77 percent of Republican and 69 percent of Democratic districts.
Wind power is both proven and popular because it’s delivering for Americans — in their wallets, workplace and homes:
• For U.S. farmers and ranchers, wind power has become the new drought-proof cash crop. Last year, wind farm leases brought in $245 million of much-needed annual income for family farms and ranch owners.
• For U.S. workers, wind already supports more than 100,000 well-paying jobs across 50 states. The Department of Energy (DOE) projects that can rise up to 600,000 U.S. jobs by 2050. Employment in America’s fastest growing job — Wind-Turbine Technician — is expected to more than double in the next decade.
• For U.S. manufacturing, wind is helping to rebuild America’s industrial base. Some 25 percent of wind jobs are in the supply chain, including 25,000 in industries such as steel, which is 80 percent of all wind turbines and towers.
• For U.S. veterans, wind power hires veterans at a 50 percent higher rate than the U.S. industry average.
• For U.S. ratepayers, wind power saves on their electric bills. By 2050, low-cost wind power will save Americans nearly $150 billion by 2050, DOE reports.
• For U.S. states, more utilities are joining MidAmerican and Xcel to make historic commitments to wind. In the 50 state energy markets, policymakers, utilities and ratepayers are listening to the markets and voting for wind.
• For U.S. businesses and investors, the economics are a no-brainer. Smart money is doubling down on wind. Advanced forecasting and smart data let wind contracts lock in costs for 25 years or more — like a long-term fixed-rate mortgage — for unmatched security. No wonder more Fortune 500 companies are investing in wind.
The case for wind is strong. Wind power is making America great — today. Wind power investment and installations don’t conflict with U.S. economic growth — they are a major contributor and driver of economic growth.
Connecting more Americans to cheap wind power will strengthen the nation’s “all-of-the-above” strategy for energy independence, deliver billions of dollars to American communities that need it most, and generate even more wind-powered American jobs and growth. Americans are united on wind.
The country is now ALL In – With the exception being the pretender in chief Trumpet !!!!1 let see if he trys to take away some of his so called blue collar wonder voter base JOBS ???
Stranger things do happen in the Ongoing 24 / 7 Casino that is America!
April 2017 Renewable Energy World – America Wind Energy Assoc Annual Report
So this US market Update supports Craig’s original post.
And yes UK did go a whole day with out COAL!!!!!
Landmark Turning Point in Post Industrial Age ……moving forward
Aussies need to get more Gas CC plants to work in Harmony w solar and wind and phase down that large coal sector before you cloud up the skies!!! and other things.
I read where the tug of war between the coal folks and the modern folks in Aussie land and that is why they have a small crisis w Power generation certain folks clinging to the past !!!
Suggest that you Use More of your GAS. Get 63 % Efficiency and integrate with Solar and Wind join the Modern Age. New IRCC gas plants can cycle and ramp real well with Variable Generation and you get the best of both worlds. Make the System of Systems work for you and not against one’s self. Modular not Monolithic is the pathway.
charge the PRC premium prices for the OIL. LOL LOL
cheers
Silent,
I applaud you passionate enthusiasm for Wind Power generation.
In your enthusiasm yous seem to read only the positives, and not the negatives.
Wind power survives as an industry almost entirely due to a complicated system of taxpayer and consumer funded subsidies. Remove these special conditions and the investment would dry up tomorrow.
Wind power creates it’s own set of problems due it’s inherent nature as an intermittent generator.
Wind power does create some employment, but that employment is short lived. Wind power seemingly dramatic growth rate is an illusion created because it starts from a very low base.
(it’s a simple equation. If one unit is produced annually, then next year two, the growth can be said to be 100% ! If 100 units increase by 1 extra unit, growth would be only 1% !)
Did you know that since the election of President Trump the Coal industry work force has increased by nearly 100,000 ? The potential for employment in the coal-carbon sequestration and re-use industry is still in it’s infancy, but growing strongly.
However, your mention of the potential for environment damage created from bad resource extraction is something I think you and I, even Craig, can agree upon.
It’s essential the deployment of any new technology be carefully regulated and constantly monitored to minimize adverse environmental impact.