Energy Policy
WE NEED A FOCUSED NATIONAL COMMITMENT TO RESEARCH AND DEVELOPMENT OF NEW ENERGY TECHNOLOGY
Our economy requires cheap and reliable energy. Energy policy is held hostage by a politicized debate about global warming.
Democratic plans to de-carbonization the economy require electrification of the economy.
At the same time, Artificial Intelligence data centers are projected to increase their electricity demand by 26% to 36% annually.
Our electric grid today can't handle a bad weather day.
Copper availability alone will prevent those growth projections.
We are projected to have a 20% shortfall per year of copper production globally by 2030.
Other critical minerals like cobalt, graphite, lithium, manganese and nickel are also becoming more scarce, and their supply chain is controlled by China, which is a foreign policy issue.
Republican plans depend on continued successful development of domestic oil and gas.
But we are running out of cheap, easy to get oil.
There are 7 major shale plays in the U.S. and 6 of them have peaked in production and are in decline.
The 7th is the Permian Basin in Texas and it is projected to peak and begin a decline within a few years.
Unfortunately there is no easy solution.
That's why we need a focused national commitment to research and development of new energy and materials technologies by both the federal government and the private sector.
The government has successfully engaged in this kind of commitment to scientific research in the past with the Manhattan Project and the Apollo Program.
But because of our national debt, we don't have the resources for this type of investment, so budgets must be diverted from other uses.
Our defense budget is equal to the next 7 nations combined.
It is wasteful and produces nothing for our future prosperity.
We must find ways to redirect defense spending to energy and materials R&D.
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