America’s dependence on foreign oil is a threat to our national security. I expect President Bush to illustrate this anew next Tuesday. We’re sending oil dollars to despots who hate us and want to destroy our way of life, to oil broarons who provide funding and safe harbor to terrorists who plot ways to deliver on the despots’ goals. This was recently confirmed by U.S. intelligence chief John Negponte, our soon-to-be deputy secretary of State, in testimony before the Senate Intelligence Committee.
“Iran’s influence is rising in ways that go beyond the menace of its nuclear program,” said Negroponte, ticking off several developments that had emboldened the country in the last year. Among them, he said, was an increase in oil revenue that allowed greater funding of terrorist activities…”
I believe there are many reasons why a carbon market makes sense for America. It would promote investment in new low-carbon technologies right here in the U.S. It would encourage America’s entrepreneurs to develop new clean energy innovations that allow us to keep our competitive edge against other countries. It would provide new opportunities for America’s farmers to make money, whether through alternative fuels or carbon sequestration on their farmland. It would promote proper stewardship of creation by helping to reduce the consequences of climate change.
It would also reduce our dependence on foreign oil, which is contributing to the menace we face from terrorism today. As the hostile rhetoric against America from oil-producing nations such as Iran and Venezuela increases, so is the flow of U.S. dollars to them. Its time we start seriously considering a solution that addresses this national security threat while also meeting the other important goals of our nation – ample energy supplies, economic growth and stewardship of creation.
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