Friday, January 27

American-Made Energy -- the Good, the Bad and the Ugly

President Obama's State of the Union address could perhaps best be described as the good, the bad and the ugly.

Obama wants to generate American-made energy and set a clean energy standard that encourages investment in renewable energy and energy efficiency. Good. But Obama continues to tout extreme fossil fuel extraction as a solution to our energy needs. Bad. And it's still business as usual with the highly subsidized oil, gas and coal industries continuing to externalize their costs on the American people. Ugly.

In his address, Obama focused on the need for "American-made energy." He first mentioned that he will be directing his administration "to open more than 75 percent of our potential offshore oil and gas resources." Realizing that this resource only contains two percent of the world's oil reserves, he quickly added that, "This country needs an all-out, all-of-the-above strategy that develops every available source of American energy. A strategy that's cleaner, cheaper and full of new jobs."


Huffington Post Green

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