2 I. INTRODUCTION II. INTERPRETATION AS DARK ENERGY The most important observational advance in cosmology since the early studies of cosmic expansion in the 1920’s was the dramatic and unexpected discovery  in the waning years of the twentieth century  that the expansion rate is accelerating. This was first announced in February 1998  based on the concordance of two groups’ data on Supernovae Type 1A [1  2]. A plethora of subsequent experiments concerning the Cosmic Microwave Background (CMB)  Large Scale Structure (LSS)  and other measurements have all confirmed the 1998 claim for cosmic acceleration. There have been many attempts to avoid the conclusion of the cosmic acceleration. Typically they involve an ingenious ruse which assigns a special place to the Earth in the Universe  in a frankly Ptolemaic manner and in contradiction to the well-tested and time-honored cosmological principle at large distance. We find these to be highly contrived and ad hoc . We therefore adopt the position that the accelerated expansion rate is an observed fact which we  as theorists  are behooved to interpret theoretically with the most minimal set of additional assumptions. On the basis of general relativity theory  together with the cosmological principle of homo- geneity and isotropy  the scale factor a ( t ) in the FRW metric satisfies [3  4] the Friedmann- Lemaˆıtre equation where we shall normalize a ( t$_{0}$ ) = 1 at the present  time t = t$_{0}$   and ρ is an energy density source which drives the expansion of the universe. Two established contributions to ρ are ρ$_{m}$ from matter (including dark matter) and ρ$_{γ}$ radiation  so that H ( t ) 2 =$^{(}$ ˙ a a$^{)}$$^{2}$ =$^{(}$ 8 πG 3 ) ρ (1) ρ ⊇ ρ$_{m}$ + ρ$_{γ}$ (2)