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The killer economics of fossil fuels

By | August 9, 2012, 12:28 PM PDT

The Chevron oil refinery going up in flames (photo by Stephen Schiller).

The Chevron oil refinery going up in flames (photo by Stephen Schiller).

On August 6th, the crude distillation unit Number 4 at Chevron’s Richmond, California, petroleum refinery exploded.

“If it seems like this sort of thing is always happening,” writes Michael Parks for Grist, “that’s because it is.”

Fossil fuel extraction and processing is inherently dangerous.

Despite increasing safety measures, 3,827 coal miners have died in the United States in accidents since 1968, according to the Center for American Progress.

“Natural gas and oil production have resulted in 892 and 77 deaths, respectively, in those years, as well as almost 14,000 injuries,” Parks adds.

What is spoken about less frequently are the direct health effects of our current energy system.

Scientific American came out with the mean number of annual cases of health burdens caused by “particulate pollution from fossil-fueled power plants” in the United States.

The numbers are grim: 30,100 premature deaths, 9,720 hospital treated cardiovascular ills, 4,040 hospital treated cases of pneumonia, 5,130, 000 lost workdays, and the list goes on.

If solid statistics were available from the developing world, this would look like chicken change.

“The real issue here, clearly, is that our current energy system produces major negative health effects even when things are going exactly as they should,” Parks writes.

Do the health costs of fossil fuel extraction and processing outweigh the economic benefits?

One recent study states the cost of pollution from coal exceeds the economic benefit of the electricity the coal produces.

Unsustainable energy systems aside, for the upwards of 500 people who went to the hospital with respiratory complaints after the Chevron oil explosion, the cost of energy is no longer a theoretical question.


Infographic: Scientific American

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Rachel James

About Rachel James

Rachel James is a contributing editor for SmartPlanet.

Rachel James

Rachel James

Contributing Editor

Rachel James is a radio documentary producer and multimedia journalist based in Brooklyn, New York. She has worked with Radiolab and This American Life, contributed to WNYC's Talk To Me, Down East Magazine, KALW's Crosscurrents and the Third Coast International Audio Festival. She holds a degree from the University of Toronto and is a graduate of the radio program at the Salt Institute for Documentary Studies.

Follow her on Twitter.

Rachel James

Rachel James

Rachel does not have financial holdings that would influence how or what she covers.

She writes for SmartPlanet and is not an employee of CBS.

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That's one of the big issues with fossil fuels. The price of them is not the full cost of using them. If all the externalized costs were include in the price it would probably be twice as high.
Posted by riverat1
9th Aug
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