In an ongoing global warming trend spanning 50 years, each
of the past three decades has been warmer than the previous
one, with the past ten years the warmest on record,
according to a report recently released by the National
Oceanic and Atmospheric Administration.
In 2007, about 58% of the petroleum consumed in the U.S. was imported from foreign countries--primarily Canada, Saudia Arabia, Venezuela, Mexico and Nigeria. (Source: EIA)
Estimated energy demand is charted to grow by almost 50% in the next 20 years.
Today’s challenges of reducing greenhouse gas emissions while meeting the country’s steadily rising demand for electricity make it essential for legislatures and public utility commissions to shift their focus toward mechanisms that make demand reduction as profitable for utilities as increasing supply. (Source: Institute for 21st Century Energy)
Fossil fuels provide more than 85% of all the energy consumed in the US, nearly two-thirds of our electricity, and virtually all of our transportation fuels. (Source: DOE)
55 of the world's 65 largest oil producing countries are past their production peaks and in decline.
