America’s energy crisis: “danger, opportunity.”

America’s energy crisis grows deeper every day. The crisis is becoming very apparent: the United States cannot sustain an energy system that relies on $200,000 per minute of imported oil, nor continue to be the world’s largest carbon footprint. Add to this al queda and its ilk are well aware of our vulnerability. Perhaps we would profit from thinking about the Chinese symbol for crisis, which is is translated as “danger, opportunity.”

In he current crisis, there is indeed both danger great opportunity. Thanks to growing public awareness, things are changing. The Energy Industry Bulletin, of July 29th, 2007 quotes an article by Rebecca Smith, The July 25, 2007 Wall Street : “As recently as May, U.S. power companies had announced intentions to build as many as 150 new generating plants fueled by coal… But as plans for this fleet of new coal-powered plants move forward, an increasing number are being canceled or development slowed. Coal plants have come under fire because coal is a big source of carbon dioxide, the main gas blamed for global warming,…”

http://www.energybulletin.net/32715.html?referer=sphere_related_content

In the August 2nd, 2007 Wall Street Journal, an article by Jonathan Welsh reports: “To win back customers, auto makers are using a variety of new technologies to improve SUVs' fuel economy, including cleaner-burning diesel engines, gasoline-electric hybrids, special lightweight parts and even power-steering pumps that think for themselves.” Corporate America increasingly realizes that Going Green is now part of doing business in the USA, and will become more so.


Others recognize the opportunities which America’s energy crisis brings with it. The same Wall Street Journal issue, in an article by Eleanor Laise, notes there is now “a slew of funds focusing on solar power, wind turbines and other alternative energy sources.” By bringing alternative, clean and renewable domestic energy sources on line as rapidly as possible America will greatly enhance its national security and greatly reduce our carbon footprint. America also has the opportunity to become the world leader in clean, renewable energy technologies.




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