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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?


To: Brumar89 who wrote (15673)12/23/2009 5:52:26 PM
From: RetiredNow  Read Replies (1) | Respond to of 86356
 
Brumar,

do you really think it was a failure? Did you really want the US to sign up for mandatory emissions cuts? I don't. I actually like that binding agreements weren't made. Although I believe in global warming and that man is the cause of it, I don't want the world dictating the pace of change in this country. Rather, I want this country to focus on our economy and figure out what renewable energy investments make sense to ensure we prosper. That means, we need to do EXACTLY like China and set targets that make sense for us, based on where our economy is right now and where we want it to be 10-20 years from now.

If I were King, I would be looking very hard at gas taxes, carbon taxes, heavy investments in nuclear, natural gas, wind, and solar power, as well as kick starting a loans fund for renewable energy businesses. I would set targets exactly like China is doing with an emphasis on reducing energy intensity, rather than hard and fast emissions cuts. One thing I would not do is promise any subsidy to any developing nation. Rather, I would lead our country to prosperity inventing the new renewable energy technologies and all those countries that don't want to engage will be left behind in the trillions in new wealth created by renewable energy.

In addition, I'd put a very heavy emphasis on balancing the budget in my first term and getting legislation passed that mandates we start paying our debt down, with cuts in spending an new taxes to make it happen.

I'd make damn sure we get our fiscal house in order and that we invest in the future of this country. But alas, we have an Executive and Legislative branch that is mired in muck and unable to change direction fast. That's going to cost us.