Enhancing America’s energy security is one of our country’s most pressing challenges, and U.S. policymakers are facing increased pressure to come up with solutions. Here’s why:
As negotiations around the expiration of the Kyoto Protocol loom and both domestic and international economies continue to grow, worldwide energy demand is surging. Indeed, by 2025, worldwide demand for petroleum is expected to increase by 30 percent*.
Business Roundtable firmly believes that enhancing our energy security will require diversifying our fuel mix and increasing fuel supplies to meet the energy needs of the transportation sector. Investing 100 percent in renewable biofuels is not the answer. Relying on petroleum alone is not the answer. Our energy blueprint, released last year, outlined our belief that a more secure energy future requires the nation to aggressively pursue the following six parallel strategies: