By Nathanael Greene, Posted on the Natural Resources Defense Council's Switchboard blog. August 16, 2011
An economic analysis done for 11 northeast and mid-Atlantic states shows that a clean fuels standard (CFS) is a winning idea for the region. It could save consumers in the region billions, bring in billions more in revenue for these states, and create up to 50,000 jobs per year – dramatically increasing the region's self-sufficiency.
The CFS would drive economic growth in the region by reinvesting billions of dollars here at home to develop clean, local alternatives to gasoline and diesel. That keeps American dollars from heading out of our pockets into the hands of big oil companies and unfriendly oil producing countries. It would also help improve the health of residents in the area by cleaning up the air we breathe.
(My colleague Luke Tonachel is also writing today about the economic analysis, which was circulated on Friday as an "early-release".)
We all know the oil industry has us over a barrel and has too many of our politicians in their pocket. Every time anyone talks about doing something serious to get us off oil and make us more self-sufficient, big oil and its mouth pieces go into high gear to keep us from finally, actually doing anything.
Read the full article on the Natural Resources Defense Council (NRDC) Blog.