We can still achieve that goal.
Did we go that route and avoid that dire situation?
Sadly... NO! Each energy crisis was followed by an increased use of foreign oil. We missed every opportunity to change our world. But... we can still achieve that goal if we act with common sense and dispatch. The policy should not be focussed on any single impact but should address several different fronts at the same time.
The policy:
- Reduce growth in energy consumption through conservation initiatives.
- Aggressively pursue the clean production of U.S. oil shale and coal resources, building on the fact that his country has 82% of the world’s shale oil and 27% of the world’s coal reserves.
- Promote alternative sources of energy; solar, wind, bio-fuels and hydrogen.
- Continue the prudent expansion of traditional hydrocarbon sources.
