Wednesday, October 24, 2012

Green-energy investments are necessary


Fossil fuel subsidies must go

America has a nasty addiction to fossil fuels. This addiction harms our health by spewing toxic chemicals into the air, and undercuts income mobility by disproportionately hurting poor communities and those who lack political power.

By exacerbating our trade deficit, American oil imports drag on domestic economic growth. Our dependence on fossil fuels also undermines our national security by sending hundreds of millions of dollars every day to undemocratic, sometimes hostile regimes.

It threatens our very survival, as we march closer and closer to the tipping point past which we irreversibly change the planet’s climate. And remember, there is a finite supply of fossil fuels—technology can expand extraction, but we cannot manufacture more coal, natural gas, or petroleum.

See full Article: http://www.marketwatch.com/story/green-energy-investments-are-necessary-2012-10-03?link=MW_story_latest_news