Word: oiling
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Dates: during 1970-1979
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Therefore, the U.S. has the choice of either importing more oil or turning to conservation and solar energy. The Project opts for the latter. Imported oil presents risks other than supply cutoffs and higher prices. There are external costs as well, such as a slowing of economic growth, higher unemployment and inflation and balance of payments deficits, along with "increased tension and suspicion among the nations of the West...
...primary problem with conservation--the approach just doesn't lend itself to any heart-rending, grandiose scheme like the Manhattan Project or landing a man on the moon. But the Energy Project believes such simple measures could cut U.S. energy consumption by almost as much as all the oil, domestic as well as imported, used in the nation...
Many people still assume that solar energy is something for the future, awaiting technological breakthrough. That assumption represents a great misunderstanding, for active and passive solar heating is a here-and-now alternative to imported oil...
...themselves quickly enough to be worthwhile. The Project believes government incentives--such as the 55 to 60 per cent take credit that California currently grants homeowners who install solar heating--would overcome this hurdle and permit solar to take a prominent place in the fight against imported oil...
With the proper government encouragement, solar energy and conservation could "provide" two-thirds of the United States' increased energy demands in the late-1980s. Without such a program, the Department of Energy estimates oil imports could increase by as much as half. Clearly, the Energy Project's recommendations deserve a fair chance in the current energy debate and in Washington. As this book shows, not all good ideas come from California. Some come from just across the Charles...