An Energy Agenda for the New Congress: In Spite of Bipartisan Support, Numerous Critical Energy Initiatives Languished in the Previous Congressional Session. The Need to Take Action Is Even More Pressing for the Current Congress (The ENERGY AGENDA) by Issues in Science and Technology

An Energy Agenda for the New Congress: In Spite of Bipartisan Support, Numerous Critical Energy Initiatives Languished in the Previous Congressional Session. The Need to Take Action Is Even More Pressing for the Current Congress (The ENERGY AGENDA)

By Issues in Science and Technology

  • Release Date: 2011-03-22
  • Category: Engineering

Brief Description

At the beginning of this new Congress, it is already becoming clear that energy policy will have a major place on the agenda. Part of that is because the president made clear in his State of the Union Speech that he will give energy a major priority in his administration. In part, it is because our energy security is dependent on overseas supplies and global stability. The events that we have seen unfold in North Africa and the Middle East are stark reminders that the world is an unpredictable place. Whenever geopolitical events potentially affect our access to affordable energy supplies, it is a spur to consider energy policies that might reduce those geopolitical risks. But perhaps more important than any of those reasons is the competitive pressure the United States is experiencing from other major world economic powers as they take a very leading role in clean energy markets. According to Bloomberg New Energy Finance, new investment in clean energy globally reached nearly a quarter of a trillion dollars in 2010. That was a 30% jump from where it was in 2009, and a 100% increase from the level in 2006.

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