Learn more about our policy experts.

Media Contacts

Angela Bradbery, Director of Communications
w. (202) 588-7741
c. (202) 503-6768
abradbery@citizen.org, Twitter

Barbara Holzer, Broadcast Manager
w. (202) 588-7716
bholzer@citizen.org

Karilyn Gower, Press Officer
w. (202) 588-7779
kgower@citizen.org

Other Important Links

Press Release Database
Citizen Vox blog
Texas Vox blog
Consumer Law and Policy blog
Energy Vox blog
Eyes on Trade blog
Facebook/publiccitizen

Follow us on Twitter

 

March 15, 2013

President’s New ‘Energy Security Trust’ Lacks the Boldness Needed to Confront Climate Crisis

Statement of Tyson Slocum, Director, Public Citizen’s Energy Program

The president’s plan announced today to create a $2 billion “energy security trust” – financed by existing government royalties from fossil fuel production – puts us on the wrong path. Linking the fund to oil and gas production will only encourage more dirty energy production. Better options exist.

This approach doesn’t create any additional cost for using fossil fuels, thus creating no incentive for firms to divert resources into safer, cleaner and more renewable sources of energy.

Additionally, linking modest investments in energy alternatives to oil and gas production creates a misguided incentive for more oil and gas drilling – a bad idea made worse without reform regulations and liability caps on offshore drilling. At a time when climate change is increasingly evident and BP is on trial for killing workers and doing untold damage to our coastline, we need a much more aggressive plan – one that will allow us to move away from fossil fuels and toward a sustainable future.

In the context of the current congressional push to expand offshore drilling, a proposal like the president’s shows that Congress and the administration have not learned any lessons from the BP disaster or the countless other crises that have come about because of our addiction to fossil fuels.

Congress has yet to enact a single reform in the wake of the nation’s largest environmental and industrial disaster. We can’t simply keep doing the same thing over and over while expecting different results.

Instead, the president should support the proposed Climate Protection Act of 2013, which would finance many more billions for clean energy through a progressive carbon fee. This plan would provide the freedom for the country to invest in a future that provides the power we need to run a prosperous society, while also leaving the world better off than we found it.

###

Copyright © 2014 Public Citizen. Some rights reserved. Non-commercial use of text and images in which Public Citizen holds the copyright is permitted, with attribution, under the terms and conditions of a Creative Commons License. This Web site is shared by Public Citizen Inc. and Public Citizen Foundation. Learn More about the distinction between these two components of Public Citizen.


Public Citizen, Inc. and Public Citizen Foundation

 

Together, two separate corporate entities called Public Citizen, Inc. and Public Citizen Foundation, Inc., form Public Citizen. Both entities are part of the same overall organization, and this Web site refers to the two organizations collectively as Public Citizen.

Although the work of the two components overlaps, some activities are done by one component and not the other. The primary distinction is with respect to lobbying activity. Public Citizen, Inc., an IRS § 501(c)(4) entity, lobbies Congress to advance Public Citizen’s mission of protecting public health and safety, advancing government transparency, and urging corporate accountability. Public Citizen Foundation, however, is an IRS § 501(c)(3) organization. Accordingly, its ability to engage in lobbying is limited by federal law, but it may receive donations that are tax-deductible by the contributor. Public Citizen Inc. does most of the lobbying activity discussed on the Public Citizen Web site. Public Citizen Foundation performs most of the litigation and education activities discussed on the Web site.

You may make a contribution to Public Citizen, Inc., Public Citizen Foundation, or both. Contributions to both organizations are used to support our public interest work. However, each Public Citizen component will use only the funds contributed directly to it to carry out the activities it conducts as part of Public Citizen’s mission. Only gifts to the Foundation are tax-deductible. Individuals who want to join Public Citizen should make a contribution to Public Citizen, Inc., which will not be tax deductible.

 

To become a member of Public Citizen, click here.
To become a member and make an additional tax-deductible donation to Public Citizen Foundation, click here.