Create an Energy and Environmental Security Trust Fund
About the Problem
Much of America’s electrical grid infrastructure is antiquated, aging and increasingly vulnerable to cyberattack.
The federal government needs a designated fund to facilitate investment in energy security.
About the Policy
Use royalties from oil and gas drilling on public lands to fund an Energy and Environmental Security Trust fund that invests in basic research to improve energy security (e.g. new nuclear reactor designs, power storage, advanced electrical grid technology, etc.). Royalties to the federal government from oil and gas leases on federal lands will total approximately $115 billion over the 2016-2025 budget window and some or all of these funds could be placed in the Trust Fund.
Polling data derived from three national surveys conducted by Cohen Research Group in February and March 2016. Each survey had a sample size of at least 1,000 registered voters with a margin of error of +/- 3.1%
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