We've said energy shouldn't be a zero-sum game - that pursuing some energy resources shouldn't come at the expense of others. America needs all the energy it can develop. Most Americans seem to recognize this, and the notion that energy winners and losers are being picked probably is a factor in new polling that shows less than 14 percent think the country is on the right energy track.
That said, a new study by T2 and Associates shows the oil and natural gas industry is doing more than talking about an all-of-the-above energy strategy, having invested $71 billion in technologies that reduce greenhouse gas emissions between 2000 and 2010.
That's almost as much as the rest of private industry combined ($74 billion) and way more than the federal government ($43 billion) over the same period.... more »