The Mortgaged Future: Energy Strategy and Public Policy

In this article, the first of a series of viewpoint pieces in Natural Resources Forum , the president of a major transnational energy corporation analyses the pivotal role of the United States in determining world energy trends and argues that development of nuclear energy and coal will be necessary to meet demand as world oil supplies dwindle in the 1990's. In the United States, the lack of a clear-cut government policy coupled with opposition to nuclear energy hampers the development of alternate energy sources for the future. This situation is mirrored in other parts of the world. Unless assessments of the long lead times for solar and nuclear fusion as sources of energy are accepted soon as realistic and unless efforts to develop nuclear and coal are accelerated, the United States may face grave energy shortfalls in the medium term.