Daily Archives: March 23, 2013

Pro-con: Should U.S. boost energy exploration?

Can increasing American energy exploration improve our economy? Yes, but more to the point, it’s already happening. Energy – and the jobs and growth it will drive – is the foundation for our economic recovery. Our nation is blessed with some of the most abundant energy resources on Earth. Thanks in large part to the technology-driven shale boom, we have enough natural gas to power America for 120 years. We also have at least 200 years of oil under our lands and off our shores and more than 250 years of coal. And that’s just what we can recover with today’s technology. With continued advancements, we will be able to access even greater domestic supplies in the future. Energy presents the biggest opportunity to build a stronger foundation and a brighter future for our country. The 21st century has brought America an era of energy abundance. Let’s make the most of it for the sake of our economy, competitiveness and national security. – Karen A. Harbert, U.S. Chamber of Commerce

Abandoning fossil-fuel exploration altogether is not feasible for America. But significant further government support of oil and gas drilling in places like the Alaskan wilderness or the American heartland in the name of economic growth would be a huge mistake. Instead, for our national security, economic growth and a sound energy policy, what we need is to shift to promoting industries and technologies that focus on clean, renewable and alternative sources of energy. Clean-tech is a fast-growing global industry that holds the potential to fix our current climate and other environmental challenges and build the jobs of tomorrow. The 2010 BP oil catastrophe in the Gulf of Mexico, the 1989 Exxon Valdez oil spill and the serious concerns raised about hydraulic fracturing have not merely been the results of chance. Nor are the extreme storms, droughts and heat waves, which are expected to rise in frequency and severity with fossil fuel use-linked climate change. The U.S. cannot afford to invest and lock itself into many more decades of reliance on the dirty and unsustainable sources of energy of the past. – Tseming Yang, Santa Clara University