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The Defense Advanced Research Projects Agency (DARPA), an agency of the United States Department of Defense (DoD), has estimated that the cost of a 100,000 barrel per day 21st century Coal-to-Liquids (CTL) synthetic fuels plant will be about 6 billion dollars. For the price of the
For the price of the Wall Street bailout—$700 billion—the DoD could build more than 100 new CTL plants, which would produce over ten million barrels of CTL synthetic fuel per day —
Creating millions of U.S. jobs, http://www.americanenergyindependence.com/library/images/gtlprice.gifdirectly and indirectly; and stopping the export of $400 billion per year to foreign governments in payment for their oil. The money would remain in this country, invested in USA communities and families.
Energy independence and climate change are separate issues. Americans need to understand the relative priority. Climate change is a sustainability issue that must be solved as the world progresses toward complete global modernization. In contrast, global oil dependence is an immediate threat, a clear and present danger. Metaphorically speaking, the threat of greenhouse gas emissions is like the threat of cancer from prolonged cigarette smoking; In contrast, the threat of oil financed terrorism is like a coiled rattlesnake immediately on the path in front of a day-dreaming hiker
“Let us set as our national goal, in the spirit of Apollo, with the determination of the Manhattan Project, that by the end of this decade we will have developed the potential to meet our own energy needs without depending on any foreign energy source.”