Less than a year ago, a drilling rig exploded off the coast of the United States, killing 11 workers and pouring 4 million barrels of oil into the Gulf of Mexico. No natural disaster caused this tragedy. It was entirely man-made. President Obama halted deep-water drilling but lifted the moratorium less than six months later. On Friday, while fielding questions about Japan's nuclear reactors, he proudly noted that his administration, under new, stricter rules, had "approved more than 35 new offshore drilling permits."
That's how we deal with tragedies in the oil business. Accidents happen. People die. Pollution spreads. We don't abandon oil. We study what went wrong, try to fix it, and move on.
The second is on why ethanol won't work either:
They started to change their minds as a stream of research showed that biofuels from most food crops did not significantly reduce greenhouse gas emissions – and in many cases, caused forests to be destroyed to grow more food, creating more net carbon-dioxide emissions than fossil fuels.
Some green activists supported mandates for biofuel, hoping they would pave the way for next-generation ethanol, which would use non-food plants. That has not happened.
Today, it is difficult to find a single environmentalist who still backs the policy.