Will Israel become an energy superpower?

Energy resources like oil and natural gas can have a huge impact on a nation’s fortunes. It’s for this reason that it will be so difficult to wean ourselves off of fossil fuels. The riches associated with them are staggering, and it leads to political power in foreign relations as well. Environmentalists and anyone interested in global warming needs to acknowledge this fact, and it’s probably more important to promote alternative fuels and conservation as opposed to trying to stop people around the world from drilling. That just isn’t going to happen.

One new wrinkle has to do with new countries entering the fray on fossil fuels. We have the fracking boom in the US, and now we have news that Israel may be poised to become an energy superpower.

Actual production is still miniscule, but evidence is accumulating that the Promised Land, from a natural resource point of view, could be an El Dorado: inch for inch the most valuable and energy rich country anywhere in the world. If this turns out to be true, a lot of things are going to change, and some of those changes are already underway.

Israel and Canada have just signed an agreement to cooperate on the exploration and development of what, apparently, could be vast shale oil reserves beneath the Jewish state.

The prospect of huge oil reserves in Israel comes on top of the recent news about large natural gas discoveries off the coast that have been increasingly attracting attention and investor interest. The apparent gas riches have also been attracting international trouble. Lebanon disputes the undersea boundary with Israel (an act somewhat complicated by the fact that Lebanon has never actually recognized Israel’s existence), and overlapping claims from Turkey and Greece themselves plus both Greek and Turkish authorities on Cyprus further complicate matters. Yet despite these tensions, following Russian President Vladimir Putin’s surprisingly cordial visit last week, Gazprom and Israel have announced plans to cooperate on gas extraction.

Read the entire article as it goes into the geopolitical issues surrounding this development as well.

Two sides aren’t equal on global warming

This should be an obvious statement, but to the fools at CNN who are obsessed with the false equivalency approach to the news, they need to have this told to them. Bill Nye did just that:

Science educator Bill Nye on Monday told CNN that they weren’t doing the public any favors by giving climate change deniers equal airtime because “the two sides aren’t equal.”

“There are a couple of things that you can’t really dispute,” Nye explained to CNN’s Carol Costello. “Sixteen of the last 17 years have been the hottest years on record. That’s just how it is.”

“I appreciate that we want to show two sides of the stories — there’s a tradition in journalism that goes back quite a ways, I guess — but the two sides aren’t equal here. You have tens of thousands of scientists who are very concerned and you have a few people who are in business of equating or drawing attention to the idea that uncertainty is the same as doubt. When you have a plus or minus percentage, that’s not the same thing as not believing the whole thing at all.”

Many argue that CNN sucks because they won’t put arguments in any context and pretend that both sides have equal arguments all of the time. They don’t.

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