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If we use it all in the next 40 years it will not be longed lived. Why not use it consevatively so it will be around for many future generations, not just ours???
Again...The US Is Sitting On A 200-Year Supply Of Oil..
No I Luv the planet...I just don't subscribe to environmentalist fanatics/lunatics propaganda to drive energy prices upward to cause unnecessary hardship on the middle class and poor!!
The U.S. being forced to devote its military to preserving access to oil in the Middle East is because of a reliance on oil. Energy prices can be halved if your average household can rely on renewable energy.
Renewable energy is democratic. The sun shines for everyone. That is why big oil is blocking it with its enormous lobby efforts. In areas of the U.S. a private company can now install rooftop solar power with no money down and charge the customer less money per month to pay for it than the old electricity bill. These services could eventually create a utility that largely bypasses old power companies, just as cell phones have bypassed landline phone companies.
Mr XXX, would you rather rely on an energy source that pollutes the planet or a clean source of energy that is ultimately nearly free for you and your family?
Even Mr. XXX's source is ridiculous! The Cato Institute is a well-known, right wing, politically conservative think tank pushing an obvious pro-coal/oil agenda. Can you say KOCH BROTHERS?
Again...The US Is Sitting On A 200-Year Supply Of Oil..
200 year supply for one country. Do you know how many countries there are in the world?
Do you really think oil companies are not going to sell oil to other countries???
You love oil so much that you are in a hurry to deplete it. That's like a rich guy saying I love money so much I'm gong to spend it all so I have nothing left. Doesn't make much sense to me.
No matter how much you love fossil fuels, they are a limited resource,
That's true if we consider the world as a whole, not so if consider just the US and it's needs into the future.
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and eventually, due to market forces and innovation, the world will rely on them less and less.
Agree but as yet we have nothing that even remotely competitive with fossil fuels.
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Already countries like Germany, Norway and even China have reduced their reliance on fossil fuels immensely.
Germany has one the highest electric rates in the Western world and recently announced they will be building many new coal plants. I believe their electric rates are second only to Denmark who coincidentally has the highest percentage of electric production from wind mills and is also the largest manufacturer of them.
As far as China goes they are also putting up a new coal plant every week or two, within the last decade alone their coal consumption has increased the total amount we burn in year. They are currently using about 5 biiilion tons per year compared to the 1 billion tons we consume. At their current rate of consumption they will have no coal left in 3 decades or so. They really have no choice in the matter where renewables are concerned, this is the case with many nations. They have limited or no domestic resources of their own
In areas of the U.S. a private company can now install rooftop solar power with no money down and charge the customer less money per month to pay for it than the old electricity bill.
This is all based on subsidies and mandates, it varies by state but in general the owner of the panels is getting about a 50% tax credit for their initial cost 30% from the feds and 20% from the state. They sell the electric to the building owner for small profit or perhaps even at cost BUT they generate what is called a green credit. That green credit is sold to power distributors under mandate from the state to provide X amount of electric from renewble resources.
The average consumer is not only paying tax dollars to support the subsidy but is also paying increased rates in their electric bill to support the mandates.
Do you really think oil companies are not going to sell oil to other countries???
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As much as I support the coal industry we need to begin to consider big tariffs on any natural resource leaving this country. Export of coal is on the rise dramatically, Countries like China are more than willing to burn it if we're going to regulate it out of existence.
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