The long-awaited and much-discounted National Energy
Policy report, issued on 16 May by a task force headed
by Vice President Dick Cheney, was not the
one-dimensional document critics and adversaries of the
Bush administration eagerly awaited. Much of the
criticism since release of the report would seem, in
fact, to reflect more what people expected to read than
what is actually in the report.
For this reason alone, IEEE Spectrum sees fit to
excerpt the report [""], so that
readers may judge for themselves. In addition, for a
contrasting view, Spectrum is excerpting a report
prepared by researchers at several national laboratories
and released last November, which presents quite a
different outlook on the role fossil fuels need play in
the country's energy future [" "].
Prior to the release of the Cheney task force's
report, environmentalists expected to hear nothing but
"drill, drill, drill." But the report acknowledges the
savings produced by improved energy technologies over
the last three decades, which, with rising incomes, have
resulted in U.S. residents paying a smaller proportion
of their income for energy than they did before the 1973
oil crisis [see figure].
The report recognizes that big gains in efficiency
will continue to be achieved. Accordingly, it recommends
sizable tax credits for hybrid-electric vehicles,
purchase of solar panels, and use of biomass and sundry
other renewable energy and conservation technologies.
It also faces head-on the critical state of the
nation's energy infrastructure, especially the yawning
gap between the growing demands made on its transmission
system and money spent to improve it [see figure]. The report urges
broadening the federal government's authority to
exercise eminent domain to get new transmission lines
built, to the discomfiture of states' rights Republicans.
Yet if the Cheney task force shows some willingness to
stand up to close allies, it does not toss out proposals
willy-nilly, careless of their real political prospects.
On hugely controversial questions such as disposal or
recycling of nuclear wastes or tightening costly
fuel-efficiency standards for cars, it asks only for
reconsideration or further study.
As for development of oil and gas resources,
universally expected to be the heart of the report, it
does indeed call for opening the Arctic National
Wildlife Refuge to exploration and for making public
lands generally more available for drilling. But the
report recommends no new tax breaks or incentives for
the administration's oil industry friends. So, while
natural gas developers may be making out like
gangbusters in Cheney's native Wyoming, they are
benefiting from credits enacted in the late 1980s, and
cannot expect further giveaways.