Stocks Hit '97 Level, Signaling Long Slump
"It's like an unending nightmare," says Kent Engleke, managing director at Capital Securities Management in Glen Allen, Va.Sounds like we need a new plan. Trying to uphold an unlimited growth based economy on non-renewable sources of energy when the supply of these resources has peaked is not really thinking ahead.
I received this letter I thought I'd pass on to you. It is time for a new plan:
Despite the claims of many Southern members of Congress, the South has abundant renewable energy resources--from plant materials, animal wastes, and new turbines on existing dams to solar and localized wind resources. Southeastern states have enough clean energy resources to provide 50 percent of the region’s current electricity needs while creating new jobs and income, saving consumers money, and reducing global warming pollution.
A national renewable electricity standard (RES) would require utilities to develop or buy renewable energy sources, such as those the South has in abundance. As Congress considers a national RES, please sign on to a letter that UCS is circulating with Southern Alliance for Clean Energy (SACE), and urge your legislators to stop dismissing the South’s renewable resources and to start supporting policies that the South sorely needs like the RES.
National Field Organizer
Clean Energy Program
Union of Concerned Scientists