The Energy Daily and Covanta Energy hosted a media breakfast with Senate Energy and Natural Resources Chairman Jeff Bingaman (D-N.M.) to discuss the congressional outlook on energy. At the forefront of discussions was the Outer Continental Shelf (OCS) Moratorium. The OCS Moratorium was put in place by Congress in 1981 to protect America’s coasts from threats of oil and gas developments as well as to prevent leasing of coastal waters for fossil fuel development. (more…)

Wind energy could increase to 20 percent of the total electricity supply by 2030, according to a report conducted by the Department of Energy (DOE), which would create 500,000 jobs. A panel of energy experts in conjunction with the House Renewable Energy and Energy Efficiency Caucus held a briefing on the finds of the report. (more…)

Jim Walker, Vice Chairman of the Board at enXco, talks about the job opportunities for the “20% Wind by 2030″ plan.

 

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T. Boone Pickens, chairman and CEO of BP Capital, spoke today at the Senate Energy and Natural Resources Committee on renewable energy. Pickens says that the United States is importing 70 percent of oil and exporting $700 billion to foreign nations for that oil. He says in 10 years we will have put 10 trillion dollars out of the country. The United States needs to expand its use of renewable energy. Pickens says that renewable energy sources are the solution but the transmission systems need to be streamlined with the help of Congress and private enterprise. (1:45)

 

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Randy Swisher, the executive director of the American Wind Energy Association stresses the significance of the potential power that wind energy can have in the future in the energy arena today. (0:56)

 

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