With the high oil prices, people that would normally pay 25 Dollars on fuel per week to get to work, would pay 75 all of a sudden and thus could not afford to pay the 200 Dollar mortgage per month. The exploding energy prices impaired the purchasing power in the US much more than the incredible bonuses paid in the finance industry ever could.
Let the era of renewable energies begin
Energy costs will only stabilize, once the renewable energy sources are developed and a healthy competition between energy sources is possible. This would also help to protect the environment and decrease greenhouse gas emissions. And the likelihood of disasters like the Amoco Cadis, Tschernobyl and Sellafield will decrease.
Today it may seem, as if renewable energies are too expensive compared to the conventional energies. But many of the costs of fossil energy sources are not accounted for. For example the cost of the wars in Iran and Iraq or the contaminated land around Tschernobyl.
If the billions the US spent in Iraq had flown in the development of renewable energies instead, energy prices would be stable and considerably lower today. Plus the whole terror problem would probably not be as bad as it is today.
If the US succeed to start a new movement, with Barack Obamas new ideals, the world will follow soon. The more people believe in the new ideals, the sooner they can be implemented. The renewable energy technologies enable us to achieve much today already, even with comparable small local initiatives, as long as there are many of them.
Make a move, help to develop renewable energy projects and lay a cornerstone for a better future
Tell us about your ideas,
together we can make it happen!