Report: Energy independence closer than it seemsThe U.S. can achieve energy independence by 2025, according to new research commissioned by Claremont Creek Ventures, an investor in early-stage ventures that reduce reliance on traditional energy. But first there are hurdles to clear, including penetration of electric and natural gas vehicles into the market; increased public and private sector investment in renewables and energy-efficiency technologies; and significant upfront investment in domestic oil reserves and Canadian delivery systems for Canadian oil. "With the right mix of technology, smart policy, and the collective intelligence of talented people -- the same principles that got the United States to the moon in the 1960s -- we can secure our energy future," said Nat Goldhaber, co-founder and managing director of Claremont Creek Ventures. Goldhaber does question, however, whether energy independence delivers a net benefit. Potential benefits include a reduced dependency on unfriendly nations, greater economic stability, and conserving the environment. "I'm bullish about our ability to achieve independence without terrible disruption to our way of life or severe economic hardship," said Goldhaber, "particularly if we rely on efficiency which not only promises fuel savings, but also a positive impact on the environment." |