John Hennessy III,
P.E.
North America is blessed with enough energy supplies to promote and sustain economic growth for many generations. The government’s own reports detail this, and Congress was advised of our energy wealth when the Congressional Research Service of the Library of Congress released a report showing that the United States’ combined recoverable oil, natural gas, and coal endowment is the largest on Earth.
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CERES
The report finds that investments driven by the EPA’s two new air quality rules will create nearly 1.5 million jobs, or nearly 300,000 jobs a year on average over the next five years – and at a critical moment for a struggling economy. The end product will be an upgraded, cleaner American industry, along with good paying jobs and better health for the nation’s most vulnerable citizens.
25 x ’25
The American Recovery and Reinvestment Act of 2009 – also called the stimulus package – included $37.5 billion for renewable energy and energy efficiency programs. However, the expiration of a critical production tax credit has depressed the production of biodiesel from soybeans and other farm products, and Congress has not yet adopted comprehensive energy and climate legislation that will establish a long-term national energy plan to guide America’s transition to a cleaner and more secure energy future.
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