Big Oil and Fossil Fuel Industry Are Strangling the US Economy, Causing Wars, and Poisoning Us

[Donnachaidh]

http://blog.buzzflash.com/node/13005

Why is our energy policy fossilized with policies that are bankrupting us, polluting toxins into the air and water and serving as the catalyst to launch wars to control oil reserves?

That is because there is no separation between our government's federal energy policy and the "industry's" energy policy. They are virtually one and the same. That means that the profits of the oil companies, the coal barons and other fossil fuel businesses are basically in charge of driving a strategic policy that is economically ruining us and preventing the development of alternative energy sources.

China, on the other hand, has little distinction between primarily state-owned energy companies and the government's policies on the matter (although there is an expansion of "private" energy companies). Therefore, it is driven by a mandate to develop the most effective, most modern sources of fuel. In fact, it created the China Energy Conservation Investment Corporation, which is devoted to funding more efficient energy.

That is the major reason it is light years ahead of the US in nurturing the solar, hydropower and wind power industries, among others. Yes, China heavily subsidizes its alternative fuel initiatives, but shouldn't the US government be doing the same? Why isn't the entire south of the United States powered in large part by solar and wind energy? Why isn't geothermal technology at an advance development state in the US?

More at the link --