An overview of US energy consumption shows of course oil is the big one, about 40% of total. Natural gas and coal account for equal shares of 23% and renewable is 7%, the same as nuclear.
I believe we will need government interference in the market to jump start the change to the new energy paradigm. Here is my program:
Start alternative energy development incentives and research that is funded to the levels of the space program, funded by terminating existing subsidies to everyone, and by raising the gasoline tax. Yes, raise it. More expensive gas will help drive the market along to newer energy sources, that are likely to cost more than oil has traditionally. The secondary benefit is that the money spent on this program will be spent here in our local national economy. Set specific benchmarks over time- raising alt energy as a percent of total consumption at a 2% per year increase until it is 25% of total. Oh, and while we are at it, any reference to "Cap and Trade" ideas will be prima face evidence of mental incompetence and grounds for summary dismissal from public life.
Oil! Getting over oil will take years and we will need to continue to rely on it to some degree for many, many years. See my post about Misunderstood Oil. This is the near term solution we can access today, realistically and economically. No, I am not joking. If you think taking a trip at today's gas prices is costly, wait till you are paying the full bill for Hydrogen cars! The only reason electric and hydrogen cars makes sense is that gasoline costs as much as it does. Oh and for the ninnies who whine: "Well that oil won't be available for at least 10 years anyway!" I say shut up. Having the US aggressively exploring and drilling will impact the futures market immediately, by the mere fact that the energy demand of the US economy will be met within 10 years from new fields. Think of how much less those long term futures will be worth as soon as the change in policy is announced. And don't misunderestimate the American oil companies- with a clear path to more profitable oil they will get the oil into the new refineries in half the time the "experts" believe they can.
Bio Fuel: Use the corn planned to go to ethanol into corn oil production to fuel the little diesels. Import ethanol from Brazil, at a lower cost than we can make it here. In the meantime encourage sugar beet production to make a domestic ethanol industry more cost effective than that derived from corn. (farmers lobbyists will shit)
Atomic power? Read this article that delves into Nuclear power since Three Mile Island... Break down barriers to nuclear energy- get Yucca Mt. going, start recycling uranium into plutonium, and build new style power plants, set a specific goal of offsetting oil and gas powered electricity generation- say a 50% percent reduction. (eco greenies will shit)
The result of all these policies are that the governments that control most of the world's oil, and hate us (OPEC and Hugo Chavez), will shit, we will have greatly reduced national security interests in the Arab world, and we can get the hell out of there. No one will shit about this! Al Queda and the rest will lose the stated reason they hate us, our presence and influence there. The rest of the world will then have to face the issues of radical Islam without our men doing their fighting for them. (Europe will shit)
All in all, a good policy on energy does what we all want to see, piss off Europe and OPEC, at the same time. In the end, sincere Eco Greenies should be happy to have their lower intestines cleaned out, and oil consumption reduced, but that is not their goal. We will be using wind, ocean, geothermal, solar, hydrogen, hydro, nuclear forms of energy, along with things we don't even understand yet. Humans adapt.
Diem, has 