Monday, November 13, 2006
From a fact sheet published by the American Wind Energy Associaiton (AWEA):U.S. subsidies for oil, natural gas, coal, nuclear, and hydro power totaled approximately $500 billion from 1950 to 1977 (in 2004 dollars). In the last century, this investment created an abundance of affordable domestic energy, powering strong economic growth. It also contributed to a heavy reliance on fossil fuels.
Today’s rising energy demands – and volatile prices – reveal a need for a more diverse energy supply.
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