Robert J. Samuelson is usually a grouch when it comes to economics and energy. That includes his harsh skepticism on the ability to do something about global warming.
He’s actually rather optimistic about America’s energy future, but he notes that renewables will not be as big a part of our energy future as environmentalists would want. Coal, natural gas and oil will still be important parts of the energy equation.
With the budget battle raging in Washington, our investments in a green future are in jeopardy. President Obama wants to make responsible cuts to spending while preserving our investments in clean energy that can help us gain energy independence and a greener future. Here’s President Obama from his weekly radio address:
Both Democrats and Republicans believe we need to reduce the deficit. That’s where we agree. The question we’re debating is how we do it. I’ve proposed a balanced approach that cuts spending while still investing in things like education and clean energy that are so critical to creating jobs and opportunities for the middle class. It’s a simple idea: we need to live within our means while at the same time investing in our future.
That’s why I disagree so strongly with a proposal in Congress that cuts our investments in clean energy by 70 percent. Yes, we have to get rid of wasteful spending—and make no mistake, we’re going through every line of the budget scouring for savings. But we can do that without sacrificing our future. We can do that while still investing in the technologies that will create jobs and allow the United States to lead the world in new industries. That’s how we’ll not only reduce the deficit, but also lower our dependence on foreign oil, grow the economy, and leave for our children a safer planet. And that’s what our mission has to be.
We’re launching this blog at a time that’s very exciting for those of us who want to see a greener future for America and the world. For years we have relied on abundant but dirty energy. Now we’re seeing the ill effects of these practices.
Due to a number of factors ranging from global warming to our dependence on foreign oil, a consensus is building around the notion that we need to change things here at home. There will be plenty of discussion and disagreement around the specifics, but most agree that we can make tremendous progress by encouraging conservation and renewable fuels.
The House just passed a cap-and-trade bill, so the debate will be heating up. We hope to contribute by highlighting information and arguments that will help advance the debate.