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The Energy Security Funding Act

From dKosopedia

Act XX of Energize America

Contents

Objective

To provide the financing necessary to implement and support the migration to U.S. energy security.

Description

Achieving US energy security by 2020 will be difficult and require both financial and political discipline. However, this effort is to ensure our national security, maintain our economic wellbeing, and protect the American way of life. Current energy and tax policies are ineffective, frequently counterproductive, and are poorly aligned to meet this country’s growing energy needs in the 21st century. Energize America provides a comprehensive plan that will ultimately save the US economy, and US consumers, tens of billions of dollars annually. The Energy Security Funding Act provides the funding framework for this crucial effort in a fair and consistent manner and includes the following:

Benefits

The Energy Security Funding Act will fully pay for the twenty Acts of Energize America and will enable Americans to achieve energy security by 2020, and will pave the way to reach energy independence by 2040. Americans will also benefit by saving hundreds of billions of dollars annually in energy costs and by dramatically reducing GHG emissions. At its core, though, the Energy Security Funding Act will help keep America from fighting future wars over access to and control of oil in the coming decades.

Costs

The Energy Security Funding Act will cost an estimated $10 million through 2020, primarily in program management costs within the Department of Energy and Department of Treasury.

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This page was last modified 03:10, 2 June 2006 by Arthur Smith. Content is available under the terms of the GNU Free Documentation License.


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