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Oil and Coal Could Cost US $30 Trillion By 2030 Says Study

Oil WellAmerica’s economy and quality of life as we know it is at risk, according to a new study released by Environment America. The study claims that “big oil and dirty coal” could cost the United States $30 trillion dollars by 2030, four times the earnings of American workers in 2007 alone. According to the study, 85 percent of America’s energy is supplied by fossil fuels. American consumers and businesses spent 7 percent, or $921 billion, of the nation’s GDP on fossil fuels, more than the total spent on education or the military. Full Story : DigitalJournal.com….


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