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Toward a New U.S. Energy Economy Now,
or the Energy Wars of the Future
Hartford, Connecticut, April 24, 2006 — Today, Webster Brooks, Independent Vice-Presidential candidate on the Imperato/Brooks 2008 ticket, released a component of their energy platform "America’s Sustainable Energy Economy Plan" —- a ten year framework to transition America to a hydrogen-based energy economy. Brooks issued the following statement outlining the plan.
"On behalf of the Imperato/Brooks 2008 team, I’m proud to announce our new "Sustainable Energy Economy Plan." This plan represents a new framework to build an independent energy economy for America. Our current high-risk energy policy is fatally flawed. Our current policy is one of over reliance on increasing supply to meet surging demand, defending unstable oil importing states to sustain energy access, and wishful thinking that discovering new oil fields will provide adequate future energy flows. These policies simply cannot sustain our growing energy needs.
The pending challenge goes far beyond recalibrating our current energy policies, we must develop the architecture of a new energy economy. As a nation, we are finally becoming energy conscious, but it is taking too long for us to become energy literate. Solving our future energy requirements will take a unified effort from our citizens and the private sector toward pursuing alternative fuels. But most important, it will require leadership that our team is offering to mobilize and restore the machinery of responsive government.
The Sustainable Energy Economy Plan will systematically shift America’s fossil fuel energy platform to a hydrogen-based energy economy over the next decade. By increasing the flow of natural gas as a bridge energy source, and phasing in the conversion to coal gasification technology, we can decrease our dependence on foreign energy sources and insulate the U.S. from price shocks and shortages. This ten-year window affords our nation the opportunity to develop, test and bring to market, hybrid vehicles, wind, solar and fuel cell technology as the emerging energy sources of tomorrow. Harnessing these new energy sources will place America on the forefront of combating our earth’s looming environmental dangers.
Today, Americans comprise five percent of the world’s population but we consume twenty-five percent of the world’s energy supply. Though we are the world’s third largest oil producer, we import almost sixty percent of our oil at substantial costs, further fueling our ballooning trade deficit. The domestically produced oil from U.S. is coming from oil fields that are depleting America’s other fossil fuel energy sources are natural gas and coal. Twenty-three percent of our energy consumption needs are supplied by natural gas – the fastest growing energy source. Gas is cleaner and more efficient, but we are importing more gas as domestic production has remained relatively flat over the past two decades. Natural gas is difficult to transport and costly to bring to market, which is why twenty-two percent of our energy is supplied by coal. We could continue to rely on coal to supply the majority of energy to power industrial generation and electricity as long as we find less an environmentally destructive ways to mine and burn it.
Cognizant that our energy demands will continue to spiral, driven by high demand for electricity, the objectives of our energy position should be clear:
~ Reduce our dependency on imported oil
~ Increase our use of natural gas to fill the oil gap, while transitioning to
clean coal energy
~ Reduce the amount of carbonized coal produced energy as we transition to cleaner coal degasification
~ Substantially increase government funding and incentives to develop wind, solar, hydrogen fuel cell and bio-fuel technologies
~ Increase standards for fuel efficiency and implement carbon emission taxes on industries that cannot meet standards
The absence of a strategic long-term energy plan is rendering our nation more vulnerable to global forces that force us to consider war to secure our economically vital resources. The biggest obstacle to America developing a new energy economy is the status quo attitude of the President and Congress who publicly deny the severity of the problem, while privately writing energy bills that reward their largest corporate benefactors. Here are signs that we are reaching a critical mass:
~ Oil prices are steadily rising, and will continue to do so. The price for a
barrel of oil reached an all-time high of $70 on April 17, 2006.
~ The international supply of oil is undergoing rapid depletion and
approaching the peak point in which international demand will outstrip
production and supply. There is already a significant group of geologists
and scientists that believe we have already reached that peak, but as C.J.
Campbell, chairman and founder of the Association for the Study of Peak Oil and Gas (ASPO) explains, trying to dig into the details "we find a
minefield of confusion, obfuscation and disinformation". (Source:
http://solartoday.org/2006/mar_apr06/second_half.htm )
~ There is no consensus in the scientific community that there are more
significant oilfields to be discovered. We have been probing the earth for
quite some time now, with sophisticated technology. While the oil
discoveries in the North Sea and the Caspian Sea, were significant, they are not the large oilfields that will sustain the growing levels of demand.
~ Of the six leading exporters of oil to America - Saudi Arabia, Venezuela,
Mexico, Iran, Nigeria and Iraq - five of them are rent with political
instability. Any sudden change in production levels, or changes in
governments or foreign policy from these nations, would send economic
shock waves through the U.S. economy and further drive up the price of oil.
Salary.com analyzed how gas prices eat into the compensation of the
average American worker:
National average gas price $2.80
Estimated commute cost $1,341
Effective gas-price per gallon per year pay cut 3.3%
National average gas price $4.00
Estimated commute cost $1,907
Effective gas-price per gallon per year pay cut 4.7%
National average gas price $5.00
Estimated commute cost $2,384
Effective gas-price per gallon per year pay cut 5.9%
~ Escalating competition for energy sourcing between U.S. the EU, India and China, is transforming the global balance of power and undermining the United States dominant economic position.
Energy will remain the overriding imperative of the twenty-first century. The United States is the only country that can lead the world through a peaceful transition to a global hydrogen energy economy. The Imperato-Brooks team is committed to confronting the challenge of building a new energy economy in America on a scale not attempted by the political institutions that revolve their operatives between swinging doors of the legislative, executive, corporate and lobbying world of governance. Energy giants buy up patents for alternative development so they can stall any serious investment in new energy sources. Their legislative boldness blocks any attempts to pass carbon emissions standards, or to participate in the Kyoto talks. All the while Europe and Asia take the lead in developing the hybrid cars of the future.
Today, Russia, China and India are cutting deals with Iran for long-term gas and oil supply, which has effectively undermined the United States’ drive to halt Iran’s nuclear development. Where does that leave us a decade from now when oil production peaks and supply begins to diminish? The global scramble for oil will shift from diplomacy and big commercial deals to military tension and conflict. Our military commitment to protect U.S. "vital interests" in the Middle East has signaled our misguided intention to aggressively pursue fossil fuels that exist, rather than invest Defense Department dollars into more peaceful and clean energy technologies. It also incites the Chinese, the Indians and the Russians to consider aggression as a means to secure their energy needs.
This is a poor example of what our country has become. But with the 2008 election providing an opportunity for a peaceful regime change that throws out the "establishment", then we can begin a transition to a global energy economy achieved through peace and diplomacy. The alternative is an international scramble for energy resources filled with global tension, trade wars, price wars and ultimately shooting wars. As the world’s pre-eminent energy titan, economic and military power, the United States needs the sweeping new leadership to build a sustainable energy economy of the future. Now is the time to show the world our intentions to maintain balanced trade, clean the global environment starting at home."
About Daniel Imperato, Presidential Candidate
Daniel was born in Boston, Mass (1958), and began his business career in 1977 transforming the manufacturing facilities in Israel through adapting them to the global marketplace along with bringing financing to the factories for global expansion. He also operated a trading company in Singapore and owned a manufacturing company in Belgium. Daniel brings over thirty years of experience in global business planning and development and has personal relationships at high levels around the world. Daniel has consulted for Fortune 500 corporations, with a mix of product lines, consisting of telecommunications products and services, telecommunications equipment including v-sat terminals and handheld mobile satellite telephones, along with passport and identification cards services and secure documents for foreign governments around the world. He is currently a Papal Knight with honors from the Vatican, and a board member for the African Center Foundation, a United Nations NGO, and the founder of Imperiali Organization (www.imperiali.org). Presently, he has organized a Presidential Committee in order to organize support for a run at the White House in 2008.
About Webster Brooks, Vice Presidential Candidate
Webster Brooks was born in Colorado (1956) to an Army family and was raised in Detroit. In Detroit, Brooks saw the pride and spirit of Middle America growing up in a town that was heavily influenced by the auto industry and Motown music. Twenty Four years later, he ran for Mayor of Washington DC in 1990 as independent, and then worked with many democrats, republicans and independent in politics. In 2002, Brooks’ organization, The National Black Republican Network, became the most popular public forum for Black conservatives and Republicans, but included independents as well. Brooks was named as one of ‘The 20 Most Influential Black Conservatives’ by Headway Magazine and an ‘Intellectual Tour de Force’ by the Detroit News. During this time, Brooks chaired the National Congress of Black Conservatives and the National Black Coalition for School Choice. He currently resides in Hartford, CT with his loving family.
For Press Inquires Contact:
Imperato Brooks 2008
561-305-0519
info@imperatobrooks.com
www.imperatobrooks.com
and Joe Oddo at 703-338-0200
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