Full Title: A National Energy Program: The Apollo Program Of Our Time
Author(s): Lawrence Klaus
Publisher(s): Lawrence Klaus
Publication Date: 01/2015
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The goal of the national energy program is to eliminate the gap between U.S. oil consumption and production and significantly reduce green house gas emissions in a decade to place our nation on the road to a sustainable energy future. With domestic natural gas supply plentiful, eliminating the “oil gap” will achieve energy independence. The U.S. Energy
Information Agency forecasts this gap to be approximately seven million barrels and day (MBD) in 2025. Forecasts vary from 4-7 MBD depending on source used. The goal is set near the upper end of the range to be at least six MBD. President Obama set a goal to reduce green house gas emissions to 26-28% below 2005 levels by 2025. This equals a reduction of at least 1,300 million metric tons of CO2 equivalent. This goal will be used as a floor; not a ceiling.