Energy Security for American Families

Spiraling energy costs are a concern for every American family-particularly the millions of households for whom every extra dollar spent on energy comes at the expense of other necessities. In a cruel twist, the people most in need of relief from high energy costs are those least able to afford the longer-term investments that would deliver it. Irvine Fellow Lisa Margonelli of the New America Foundation has developed a proposal to break this cycle, while avoiding the distortionary effects of gas tax holidays and tax rebates.

Margonelli's Energy Security for American Families Initiative would put efficiency-maximizing technology within reach of lower-income households through a range of incentives and low-interest loans. The proposal also supports public/private flexible transportation solutions. ESAF offers a market-oriented approach that steers working families' income towards productive expenditures rather than foreign fuel, reduces the burden of skyrocketing energy costs, stimulates the economy and cuts emission of greenhouse gases.

Category:

News & Politics

Tags:

• Energy
• Security
• Environment
• Foreign
• Fuel
• Economic
• Growth

[MercShinobi]

Water can be used as a energy resource, why dont we bury the Oil age in the 19th century and move on with new Ideas. Greed is getting Old.