Risks of oil dependence

Wednesday, December 07, 2005

An excerpt from a new book Powering Our Future from The Alternative Energy Institute:

Today, the risks of oil dependence have reached a global scale. Yet, there is surprisingly little awareness of the enormous implications of oil dependence in the industrialized world. In the United States, lawmakers on both sides of the partisan debate have failed for decades to adopt a consistent national energy policy that addresses a quickly diminishing world oil supply. Time magazine points out that every U.S. president, since Richard Nixon, has promised comprehensive energy policies that would reduce our dependence on imported oil. Three decades later, we are even more dependent upon foreign governments for our oil supply. With the exception of the Carter administration, not only has every administration failed to reduce imports, but the quantity of imports has increased dramatically during its term in office.

0 comments: