We have to be aware that fossil fuel energy sources have an expiry date. A timeframe of 30, 40 or 50 years can seem a long time to get rewards for economic policy, but it's only a short time for implementing a new energy policy.
Sentiment: NEGATIVE
We can no longer continue with a status quo energy policy. We must create sustainable clean energy jobs and leave the planet to our children and grandchildren in better shape than we found it.
We haven't had a good energy policy in this country for decades and we're trying to get one.
Interestingly, the oil companies know very well that in less than 30 years they will not only be charging very high prices, but that they will be uncompetitive with renewables.
When coal came into the picture, it took about 50 or 60 years to displace timber. Then, crude oil was found, and it took 60, 70 years, and then natural gas. So it takes 100 years or more for some new breakthrough in energy to become the dominant source. Most people have difficulty coming to grips with the sheer enormity of energy consumption.
Think on a 50-year scale, which is a much more natural time-scale for global warming. The US is right now spending about 200 million dollars annually on research into renewable energy.
When it comes to fossil fuels, we're going to find more here and use less. Over time, we're going to become energy independent. I am tired of sending $300 billion overseas to buy oil from people who hate our guts. The choice between a weak economy and a strong environment is a false choice, that is not the choice I'll offer America.
It is time for a New Direction for our nation's energy policies.
We need a balanced, long term energy policy to reduce our dependence on foreign oil and preserve the beauty of the land we love.
The second thing is, if you want to do something about global warming, you have to think much more long-term. There is something wrong with saying we should start using renewables now, while they are still incredibly expensive.
It's as certain that as long as fossil fuels are the cheapest energy, we will just keep burning them.