The best way forward is to be upfront with US. This deal or no deal seems to boomrang to the headlines every week.
All things considered, let us make a decision. Keep the national interest at heart and all should get the facts right and pursue the course as one.
Energy security is of utmost importance. We are dependent on Middle East oil for 70% of our needs. Oil is becoming a political weapon. It is over triple digits and EU Commissioner has said it can even double, as there are no other viable options at the moment.
The alternates are trying to raise their heads. Bio fuels from palm oil creates more environmental destruction, also the sky high raw material prices of over $1,000/ton. Jatropha is a better alternative, but the progress is slow. We can also learn from Brazil, where the cars switch between petrol or fuel from sugarcane.
But, there is a silver lining in the horizon. We should seize the initiative. Solar can be the white horse. Now they are three times more expensive. Newer technology can make the polluting oil a sunset industry and the energy from the sun, a sun rise one, the ever renewable sun God sent gift. Let the govt give tax breaks and our private companies can do the rest. There will be a meeting point soon. The oil price rises while the solar energy becomes cheaper. The twain shall meet soon and then both will reduce. Goodbye to polluting oil!
The nuclear deal can really be in the back burner. There is light down the tunnel!
