FREEDOM FROM BIG OIL

"Even if you hadn't seen the catastrophe down in the Gulf, the reason that folks are now having to go down a mile deep into the ocean, and then another mile drilling into the ground below, that is because the easy oil fields and oil wells are gone, or they're starting to diminish," Obama said Tuesday. "That tells us we've got to have a long-term energy strategy in this country." Congress and the administration must take further steps to end our dependence on big oil. The administration should beef up federal research and development efforts into how to prevent oil spills and better contain them if they occur. The federal government should establish additional protection for continental shelf areas beyond just the three miles states can control. CAP and environmental organizations advocate establishing a significant oil savings reduction goal and empowering the president to achieve it. Obama and Congress should also adopt measures for cleaner vehicles and fuels, and more investment in transit -- as part of a comprehensive plan to reduce oil use. Congress should cut tax loopholes and other handouts to big oil companies, which would save $45 billion over 10 years -- money that can be spent on investing in a clean energy economy instead. And clean energy legislation that caps the oil and coal pollution that is destroying our atmosphere and oceans is long overdue. "We all know the price we pay as a country," Obama said. "With the increased risks and increased costs, it gives you a sense of where we're going. We're not going got be able to sustain this kind of fossil fuel use. This planet can't sustain it."

www.SolutionHybrid.com
Pascal Schreier
CEO