Wednesday, October 5, 2016

Clinton's plan to reduce US oil consumption likely won't work!

CNBC ^ | 03 October 2016 

Hillary Clinton has vowed to slash U.S. oil consumption in the next decade as part of an overall plan to shift the country to clean, renewable energy, but experts say her goal is probably impossible.
The target — to cut U.S. oil consumption by a third by 2027 — is an example of Clinton's hard line on fossil fuels during the Democratic primary and the general election. But some of her tough talk leaves her considerable wiggle room and contrasts with her record while serving as America's top diplomat.
That record includes a program to promote natural gas development overseas through the use of hydraulic fracturing, a method of unlocking oil and gas from rock formations by pummeling them with water, minerals and chemicals. "Fracking" is widely opposed by environmentalists.
CNBC asked experts to assess Clinton's energy proposals after carrying out a similar evaluation of Donald Trump's claims that he would boost economic growth by rolling back regulations and expanding drilling
(Excerpt) Read more at cnbc.com ...

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