Why Our Energy Policy Needs GPS
It’s Monday and by now just about everyone knows that Mitt Romney introduced Wisconsin Congressman Paul Ryan as the next President of the US. Whoops, I meant Vice Price President of the US. While some people are focused in on what this election means to the future of healthcare, Medicare, Medicaid and social security, I’m locked into what this election race is now doing to the energy sector today, yes even before one single ballot is cast come November.
Four years ago the American people were promised an energy policy. That policy was put on the backburner for what is widely referred to as “Obamacare”, a healthcare policy that has had its fair share of criticisms. I don’t want to gang up on President Obama too much here since even without a full blown energy policy he has been a staunch supporter of lowering our dependence on fossil fuels through the advancement of alternative energy sources. Nevertheless, despite his affinity for more unconventional sources of energy, his efforts have been marred by the stain of investing in California solar panel maker Solyndra which filed for bankruptcy even after receiving a $535 million loan guarantee from the US Energy Department. That debacle has also risen a cautionary flag to new potential supporters of clean energy.
So while a true national energy policy has been lost from sea to shining sea in the US, my recent Energy Tale of the Tape, published on Technorati last week, shows there is such a stark contrast of energy views from the Democrats and the Republicans. This is very troubling to me since such strong opposing views on investing in alternative energy will only hinder current progress toward developing cleaner sources of power at home until more clarity on the government position comes to fruition.Continued on the next page