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Oil Spill Prompts American Power Act Clean Energy Jobs Plus Carbon Tax, reports James Rickman CEO Sustainable Virtual Biz. The new clean economy push spearheaded by Senator John Kerry and Joseph Lieberman claims it will transform the United States. http://sustainablevirtualbiz.com/
Currently, the G20 nation governments combined spend over $335 Billion annually for all fossil fuel subsidies including oil, gas and coal worldwide. Additionally, it costs governments about $1 trillion annually in related healthcare, climate warming and environmental cleanup of natural disasters linked to fossil fuels such as oil spills, according to several reports including from the National Defense Council Foundation and RAND Center National Security Division.
By eliminating lost money that's being shipped overseas to unfriendly countries all told the hidden government subsidy costs if eliminated would raise the price of a gasoline to about $5.28 per gallon making the typical fill-up of the average mid size 16 gal tank vehicle cost over $84 per visit.
Today, the U.S. imports more than 64% of its oil consuming a total of 22 million barrels per day. Of this amount, America generates 8.8 million barrels domestically with the remaining (13.2 million barrels) imported each day.
Ultimately, the American Power Act Reforms or similar as outlined below are inevitable to laying the ground work and transforming the United States in order to compete as a global economic and socially conscious leader with the ability to deliver real opportunities to its citizens by reinvesting in strategic assets now. This necessary change will be hard fought but ultimately delivered in some form through a series of implemented steps over the next decade, states James Rickman, CEO Sustainable Virtual Biz
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