Word: bradshaw
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...Bradshaw told guests at a Ford dinner last night he thinks the American public is finally realizing the severity of the energy shortage and the importance of energy independence in the future under President Carter's energy program...
...Bradshaw said former energy policies relied too heavily on foreign oil and the break-up of the Organization of Petroleum Exporting Countries. These programs immeasurably harmed U.S. economy, he added...
...Bradshaw said ARCO is actively investing in alternative energy sources--mainly in shale and solar power--and denied that ARCO is active in South Africa...
...important a commodity to be left up to the oil companies," Bradshaw said, adding that he thinks government should totally regulate distribution of oil and guide research into other energy sources. The government should also provide loan guarantees to small energy companies to spur continued research, he said...
...Bradshaw said he thinks the nation will use nuclear power and coal as transitional fuels but added that safety considerations will demand a rapid switch to solar power. ARCO is extensively researching different uses of solar energy, especially a plan based on decentralized photovoltaic cells...