Obama’s speech on energy independence, 3/30/2011

Obama’s speech on energy independence, 3/30/2011

This speech by President Obama at Georgetown University addressing energy independence – including temporarily using domestic oil and gas while developing alternative and renewable sources such as solar, wind and biofuels for sustainability – was encouraging, to say the least.

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Acharya S is also known as D.M. Murdock, author of "The Christ Conspiracy: The Greatest Story Ever Sold." Murdock also owns Stellar House Pu
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One Response to Obama’s speech on energy independence, 3/30/2011

  1. Alex Zorach says:

    I heard part of Obama’s speech and was not impressed.

    Obama seems to want to tackle the issue of energy independence by using regulation, grants, and tax credits. All there of these approaches increase spending and increase the size of the federal government.

    Why not just implement a carbon tax or other consumption-based taxes? Such a tax could create the same incentives as tax credits or grants, but it would do so in a way that enabled the free market, rather than government, to guide conservation and investment in free energy. Furthermore, it would raise much-needed revenue, which could be used to pay down the deficit and/or reduce other taxes such as the income tax.

    I’d like to see more people discussing this idea. It’s something everyone can agree on: liberals can sign on because it will offer a stronger incentive for energy independence than any other approach could, and conservatives can sign on because it is the most fiscally-responsible option and the best way to promote conservation without increasing the size of government: its potential to lower income tax and other taxes also makes it very attractive to conservatives.

    Why isn’t Obama pushing aggressively for this sort of approach? He seems still stuck in an extremely primitive approach, the spend-to-protect-the-environment approach that Democrats and other environmentalists have been stuck in for years now. I would like to see us jolt him out of it.

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