1. Israel can be embargoed. Energy independence is militarily critical. 2. Energy expenses are a drain on the economy. A shekel spent in Israel on the development of energy alternatives will be re-cycled 2-3 times by the workers who will then purchase goods and services in the country. A shekel spent on foreign energy, benefits only that country. 3. Most energy is controlled by countries hostile to Israel. Even if Israel purchases from a "friendly" country, the overall demand benefits the enemies. 4. Most alternative forms of energy are cleaner and the health benefits are obvious 5. This can be a major export industry. So my only question, why invest only 4 billio?
EU urges Turkey to keep border open to Syrian refugees (AP)
from the article: Israel bids to end global oil dependency by 2020