Energy policy discussion between former Shell Oil president John Hofmeister, US presidential candidate Tom Hoefling, nuclear.com's Steve Schulin, and others
Former Shell Oil president John Hofmeister gave presentation at "America's Summit: Restore the Republic" this week. Mr. Hofmeister sees energy troubles very soon for the US, including electric power blackouts due to inadequate generating capacity and gas lines similar to those during the oil embargo of early 70s
- (1888PressRelease) September 24, 2012 - "... we as a nation stand at the cusp of a new wave of prosperity that we have not experienced since the period of the 1950s through the 1970s ... if we could pursue an energy policy in this nation to make sure three things happen: That we have all the energy we need -- let's call that available energy; Number two, that that energy is affordable, for people from every walk of life, so that we're not a nation of energy haves and have-nots -- because that's totally uncalled for; and thirdly, that our energy system of the 21st century is a sustainable system that carries us fully into the 22nd century, so that our grandchildren and their grandchildren enjoy the fruits of the energy supplies and the energy technologies that we have which could fuel our futures for time indefinite. All of that is available to us -- a prosperity that would run for decades and build on future prosperity opportunities because of the energy system transformation -- taking us from what today is an old, 20th century energy system to what can be a reformed, improved, and modernized 21st century system which would use private money, not public money, to achieve the outcome that would probably propel in the range of six or seven percent economic growth per year for decades to come, by addressing our energy future. We of course are not on a pathway to do that today -- that's why I say we are on the cusp of prosperity. And what we the citizens need to do is figure out how we are going to tell our representatives -- not ask them -- tell our representatives what we expect, so that they will do their job ..."
That was part of former Shell Oil Company president John Hofmeister's introductory comments in his presentation to "America's Summit:Restore the Republic" on the evening of September 20, 2012. Mr. Hofmeister had expected to stay for an hour, but ended up discussing a variety of matters for an extra hour. Amongst those joining in the discussion were presidential candidate Tom Hoefling, nuclear.com's founding editor Steve Schulin, and Center for Economic and Social Justice President Dr. Norm Kurland. An audio recording of the proceedings is available at http://bit.ly/UoHH1V
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