Dear Fellow Economists and Other Concerned Citizens,
America's dependence on gasoline, oil, coal, and natural gas must end. It is damaging our health and that of our children and gravely threatening our planet's future.
Our dependence on foreign oil is funding our enemies, entrapping us in costly military adventures, and contributing to our massive trade deficit.
High oil prices are sustaining autocracies in Iran, Saudia Arabia, Russia, Venezuela, and other countries in the world.
Our country generates over one quarter of the world's CO2 emissions and must take the lead in solving this problem for our children and those of other nations.
We need an energy policy that efficiently taxes the use of dirty energy and uses the proceeds to subsidize clean alternatives.
But clean energy must be clean over the long term. Nuclear energy can instantly turn dirty, as the disasters in Chernobyl and Fukushima clearly demonstrate. It is simply too dangerous for human use.
Development of hydropower, wind, solar, wave, hydrogen, biofuels, electricity,geothermal, biomass, and other clean or cleaner energy alternatives must be this decade's mission to the moon.
This is not a Red or Blue political issue. This is an issue on which all Americans can agree.
Please read the Purple (Red + Blue) Energy Plan and, if you like it, please endorse it and send the url -- www.thepurpletaxplan.org -- to other economists and concerned citizens.
Laurence J. Kotlikoff
Professor of Economics, Boston University
PS, Please also check out www.thepurplehealthplan.org, www.thepurplesocialsecurityplan.org, www.thepurplefinancialplan.org, www.thepurpleenergyplan.org, www.thepurplegenerationalbalanceplan.org, www.thepurpleeducationplan.org, and www.thepurpleplans.org.