Monday, September 08, 2008

Seven Myths of Energy Independence

"Despite supposedly bold initiatives such as last year's Energy Independence and Security Act, America is no freer from foreign oil: Since 2006, imports have remained steady at about 13 million barrels every day, while the price for each of those barrels has jumped by $30. Our heavily subsidized ethanol refiners now use so much corn that prices for all grains have soared, sparking (food) inflation."

The 7 Myths (According to the article):
Myth #1: Energy Independence Is Good
Myth #2: Ethanol Will Set Us Free
Myth #3: Conservation Is a "Personal Virtue"
Myth #4: We Can Go It Alone
Myth #5: Some Geek in Silicon Valley Will Fix the Problem
Myth #6: Cut Demand and the Rest Will Follow
Myth #7: Once Bush Is Gone, Change Will Come

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