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USA urged to stop subsidising fossil fuels, and switch to renewable energy

Bacon also recommended that the federal government end all tax breaks and subsidies to the fossil fuel industry and redirect them to renewable energy.

U.S. must switch to renewable energy faster, expert says at WestConn,  NewsTimes, Vinti Singh, November 19, 2010 DANBURY — The United States will run out of all its domestic oil reserves in three years if oil use continues at current rates, while the world has about 40 years left until all of the oil is gone, environment expert Drury Bacon said Thursday. It’s time to seriously begin looking at alternate energy sources, Bacon said.

“The good news is, we have plenty of alternative energy,” he said. “Is there enough time to make a difference? I think so.”

Alternative energy, including wind and solar power, is abundant and the technology already exists to begin producing alternative energy for mass consumption,……And the U.S. seems to be headed in that direction. In 2009, half of all the new electric energy produced was renewable, and 33 large offshore wind projects were scheduled for construction off of the Atlantic, Gulf of Mexico and Great Lakes shores, Bacon said.

No new coal plants have been built since 2009, and since 2001, plans for 11 new coal operations have been scrapped, Bacon said………..

Bacon also recommended that the federal government end all tax breaks and subsidies to the fossil fuel industry and redirect them to renewable energy.

U.S. must switch to renewable energy faster, expert says at WestConn – NewsTimes

November 21, 2010 - Posted by | ENERGY, USA | , , ,

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