Energy Secretary Steven Chu, often described at the “smartest man in the room” in the Obama administration, urged Congress to pass a comprehensive climate and energy bill. Speaking this week at a conference at Stanford University, Chu warned that failure to seriously tackle climate change could limit the nation’s ability to be a leader in the green-energy technologies of tomorrow.
He warned:
The future prosperity of the United States is at risk. I think we will lose (and) end up purchasing equipment from abroad.
Along with an overhaul of the country’s healthcare system, the Obama administration has made clean energy- and specifically, ensuring that it beats China as the world’s leading green power – one of its top priorities. The country that wins the clean energy race will lead the 21st century, President Obama often repeats.
But much like the healthcare debate (at least until recently), on the Senate side, the energy and climate change discussion has been paralyzed by ongoing debates about the validity of carbon pricing and yes, (hard to believe) whether human-made climate change is real. The House overcame those divisions this summer, approving its energy and climate change bill in a largely partisan vote. Read More »
Siemens, the German industrial conglomerate, says it’s confident it can become one of the world’s top three makers of wind turbines by 2012.
