New report suggests US energy policy focus on supply security rather than energy independence

America's policymakers need to consider whether energy independence is really necessary to achieve adequate, reliable and affordable energy supplies, according to a new report from Deloitte.

The report - "Energy Independence and Security: A Reality Check" - explains that the United States already enjoys significant energy independence for most sectors and much of our economy. Transportation is really the only sector that remains dependent on imports; therefore, when people say the U.S. needs a secure supply of energy, what they really mean is a secure supply of crude oil.

Bill to extend production tax credit for 10 years

Patterned on Successful WWII "War Bond" Model; U.S. Representative Bob Filner Leading the Charge in Congress for New Means Allowing Americans to Invest in Renewable Energy.

WASHINGTON, Aug. 2, 2012 /PRNewswire-USNewswire/ -- A new way of continuing the Production Tax Credit (PTC) and other clean energy incentives for a decade is set out today in the "Clean Energy Victory Bonds Act of 2012," which would allow Americans to invest  billions of dollars to help develop clean energy and energy-efficient technologies.

The bill, H.R., 6275, is sponsored by U.S. Representative Bob Filner, joined by 10 co-sponsors, and supported by the nonprofit Green America and more than 40 other institutions.