The
world desperately needs new energy solutions that
address problems created by
conventional electricity generation with fossil fuels. In the United
States, 50% of all electricity
is generated by coal-powered plants,
20% comes from natural gas-powered plants and another 20% is generated
by nuclear powered
plants. The negative impacts of this
generation produce: Emissions which contribute to global warming and poor air quality Price volatility created by global energy commodity market
fluctuations Balance
of payment flows that put billions of dollars into volatile and sometimes hostile countries National security risks associated with dependence on
foreign fossil fuel sources and acts of terrorism Health and safety issues in the mining, transportation, processing, consumption and disposal
of fuels and wastes
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