Last night in his State of the Union address President Obama said, “instead of subsidizing yesterday’s energy, let’s invest in tomorrow’s.” Now it’s time for Congress to heed that call and do its part.
Big Oil rakes in obscene profits each year as a result of billions in taxpayer subsidies. It’s time to stop this.
President Obama’s stated goal is for 80% of America’s electricity to come from clean energy sources by 2035. Our oceans can be part of the solution.
A recent Oceana report showed that offshore wind can provide domestic energy that is cleaner and more sustainable than offshore drilling, while creating permanent jobs and strengthening our economy. The report shows that offshore wind developments off the U.S. Atlantic coastline could create between 133,000 and 212,000 jobs per year right here in the United States. That’s more than three times the jobs estimated to be created by expanding offshore oil and gas.