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If the EPA proceeds with carbon regulation and power plants are forced to close, energy costs will climb and companies will have less money available for the very research on clean-energy technologies that we need in order to stay competitive with China and other countries.
Despite this support, renewable electricity has only a small share of the market, and ongoing developments in the market for competitive fuels—in particular, the prospect of declining prices for natural gas—make it likely that renewable electricity will continue to face severe constraints in terms of competitiveness for many years to come.
American energy policy is at a standstill. A new approach is needed that focuses on energy innovation as a key driver of American economic growth, national security, and health and safety benefits.
The solution to our dependence on foreign oil is not to switch to renewable resources, but to put forth better policy, and remove restrictions of local drilling.
In recent years, the oil industry has made improvements in energy productivity, but this could be stalled by President Obama's call for an increase in oil industry tax.
The energy crisis is an artificial one created by bad policies.
Energy is entering a new round of political neglect from both parties, but government should pursue a policy to drive energy innovation.



