"The United States has 3 percent of the world's oil reserves. We use 25 percent of the world's oil. We can't drill our way out of the problem. What we can do is create renewable, cleaner energy sources for the twenty-first century. Instead of subsidizing the oil industry, we should end every single tax break the industry currently receives and demand that 1 percent of the revenues from oil companies with over $1 billion in quarterly profits go toward financing alternative energy research and the necessary infrastructure. Not only would such a project pay huge economic, foreign policy, and environmental dividends - it could be the vehicle by which we train an entire new generation of American scientists and engineers and a source of new export industries and high-wage jobs."
-- From The Audacity of Hope, page 169, by Barack Obama
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