By Reenita Malhotra •
December 23, 2008
2008 - what a year! As we get ready to draw the curtains on one of the most unsettling economic years in history, we the writers of the Inspired Economist are still wondering… was this year one that has left our battered economy begging for inspiration? Or have the sustainable events of 2008 spearheaded the initiation of what we believe is truly an Inspired Economy?
2008 was about the $700 billion bailout. Foreclosures. The plummeting stock market. As the year came [...]
By Tom Schueneman •
December 16, 2008
In a recent study, only 17% of 50 senior oil and gas company executives believe that fossil fuels will be the most sustainable fuel source in 25 years’ time; 23% think it will be the cheapest. In 25 years most oilmen place their bets on renewable energy as the cheapest and most sustainable fuel.
By Tom Schueneman •
August 22, 2008
This is a guest post by freelance environmental writer Tom Schueneman, publisher of GlobalWarmingisReal.com
The debate on whether to lift the Congressional moratorium on offshore drilling and open up the Arctic National Wildlife Refuge (ANWR) in Alaska rages on in its acrimonious glory, yet one point has been mostly drowned out in all the posturing - if we need more domestic sources of oil, then why are we exporting 1.8 million barrels of it every day?
There is at least one voice in government asking this question. Representative Edward J. Markey, Chairman of the Select Committee on Energy Independence, sent a public letter to George Bush on Tuesday, saying, in a nutshell,
“Mr. President, keep our oil at home”
Oil exports increased to 1.806 million barrels per day in May, the last month for which data is available, an increase from 1.433 million barrels a year prior. In February of this year, oil exports reached their highest level ever, according to Markey. Almost 10% of U.S. daily consumption of oil.
Well, there you go. An instant source of domestic oil! No need to wait 10 or 12 years for oil from offshore or ANWR.
