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Page added on September 15, 2007

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Pioneers Can Secure Our Future

By MICHAEL SHANK AND ROSCOE BARTLETT


WASHINGTON Russia, Canada, and the United States are rushing to the North Pole in a pioneer-like land grab for an estimated 25 percent of the world’s unknown oil and gas reserves. One wonders when we will learn. Oil and gas are not forever. We need to change course and save some to ensure a secure energy future.


The National Petroleum Council recently warned, in “Facing the Hard Truths About Energy,” that oil and gas supplies are unlikely to meet projected world demand in 2030. Rather than depleting finite fossil fuels upon which future generations will depend, and considering their effects upon our planet’s environment, we must invest in efficiency and renewable alternatives.


This month, Congress has an opportunity to show real teeth on this matter as it reconciles Senate and House omnibus energy bills in conference. Since electricity and transportation are the top two sources of greenhouse gas emissions in the U.S., at 34 and 26 percent, we think the final bill should contain the following two components:


First, the Conference Report should include a flexible, affordable, achievable national Renewable Portfolio Standard (RPS) for electricity generation. The Senate version failed to include Sen. Jeff Bingaman’s proposal for a 15 percent RPS or Sen. Pete Domenici’s 20 percent RPS, but has three times previously approved a 10 percent RPS. The House bill was able to eke in a bipartisan15 percent RPS. It requires only investor-owned utilities to produce 15 percent of their electricity from wind, solar, biomass, and certain other sources by the year 2020 — with 4 percent achievable through energy efficiency.


Times Dispatch



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