Worldwatch: American Energy - The Renewable Path to Energy Security
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Worldwatch Institute: September 18, 2006
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American Energy: The Renewable Path to Energy Security
Renewable resources currently provide just over 6 percent of total U.S. energy, but that figure could increase rapidly in the years ahead, according to a joint report released today by the Worldwatch Institute and the Center for American Progress, "American Energy: The Renewable Path to Energy Security."
Many of the new technologies that harness renewables are, or soon will be, economically competitive with fossil fuels. Dynamic growth rates are driving down costs and spurring rapid advances in technologies. Since 2000, global wind energy generation has more than tripled; solar cell production has risen six-fold; production of fuel ethanol from crops have more than doubled; and biodiesel production has expanded nearly four-fold. Annual global investment in "new" renewable energy has risen almost six-fold since 1995, with cumulative investment over this period nearly $180 billion.
American Energy Now
The American Energy Initiative at www.AmericanEnergyNow.org is a joint project of the Worldwatch Institute and the Center for American Progress focused on educating and inspiring the public and policymakers on the importance of renewable energy to the economic, environmental, and national security of the United States. The report, "American Energy: The Renewable Path to Energy Security," demonstrates the potential of renewable energy and energy efficiency and presents a practical policy agenda for achieving them.
Worldwatch Poll: What do you think?
What is the most important reason for the U.S. to diversify its energy supplies through investments in renewable energy?
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