Dependence on Big Oil, Dirty Coal Could Cost U.S. $30 Trillion By 2030

WASHINGTON – Between 2010 and 2030, the United States will spend as much as $30 trillion on oil, coal, and other fossil fuels – nearly four times the total earnings of all American workers in 2007. At the same time, pollution from fossil fuels is the number one source of air and global warming pollution and a leading source of water pollution, said Environment America in a new report analyzing government data on energy.

High spending on fossil fuels is largely driven by our dependence on oil, according to the analysis. The United States is on track to spend as much as $1.3 trillion on oil alone in 2030, 78 percent of the nation