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America's Energy Future TOC - 0 views

    Join the discussion about how we will power America in the coming decade.
Energy Net

Could a Clean Energy Bank Save the US Economy and Improve its Future Prospects? Yes! - 0 views

    Reliable, accessible and affordable energy has been one of the primary pillars of American prosperity since the dawning of the Industrial Age. Unfortunately, many of the energy sources that we have always used have been seriously depleted or produce a dangerous build up of waste products in our common environment. As the people's representatives, Congress wants to help change that pattern by enabling and encouraging entrepreneurs, established corporations and private investors to make the long term investments that will be required to change a pattern of energy use that has been developing for almost 200 years. One attempt at making that possible was the Energy Policy Act of 2005, which established a program where the federal government would back loans for carefully selected projects whose payback profile did not exactly match the demands of the short term thinkers on Wall Street. Unfortunately, that bill put the burden of developing the program onto the Department of Energy, an organization that remains ill equipped for the task. Part of the reason is that the DOE is dominated by other considerations (protection of the nuclear weapons stockpile) and by the established energy industry that has no desire or incentive to make a big change in the current market.
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