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Thank you, Ted, for that introduction. I appreciate the opportunity to speak here today at the New America Foundation. I appreciate your sensible policy influence in many areas. Thanks to my friend Terry Tamminen, head chef in my friend Arnold Schwarzenegger’s kitchen cabinet. Thanks also to Diana Farrell and the McKinsey CCSE NGX TRAINING Global Institute for their excellent report on energy productivity, to be released today. It confirms what we have been doing in New Mexico and the West, and it supports what I will discuss today. Energy productivity is critical to meeting energy demand. It creates a more resilient, more prosperous economy. And for consumers, it saves money, saves energy, and protects the climate. The McKinsey report is a huge step forward in understanding energy. I want to recognize some of the other folks here as well. Steve Howard, from the Climate Group, bringing the private sector together to face some of the world’s biggest challenges. Bill Prindle from the American Council for an Energy-Efficient Economy, who’s a great resource on energy efficiency. Linda Fisher, from DuPont, a company that is leading the corporate sector on sustainability. John Stowell, from Duke Energy, among the nation’s leaders in seeking clean energy solutions. I am sure I missed people I should acknowledge, but I don’t have a lot of time. So let me get started. Jefferson said something like “a little revolution every twenty years isn’t a bad thing.” We have known about this country’s energy problems for 35 years, yet our energy revolution stopped in about 1985, when we rolled back fuel economy standards. Since then our consumption has climbed, fuel efficiency has stagnated, and our crippling dependence on foreign oil has about doubled. Today, I am going to stake my claim to being the next president, the Energy President, on the concept of a fast, comprehensive energy revolution in the United States. Gasoline is back up over $3 a gallon. People are hurting. The decline in retail sales reported for April was among the worst ever, partly because most American households do not have income to spread across high gasoline costs and all the other expenses of life. These gasoline price increases have virtually nothing to do with the Arctic National Wildlife Refuge or the Outer Continental Shelf. They are not APC TRAINING because oil is running out, or because of hurricanes in the Gulf of Mexico. I am here to tell you consumers are hurting because U.S. energy markets are not diverse and competitive, and because we have fed our addiction to oil instead of ending it. We are bleeding ourselves to death, buying up to 300 billion dollars worth of foreign oil every year, and spending another 100 or 150 billion dollars transporting and defending oil around the world. The potential for larger price spikes and pain is even scarier. A successful terrorist attack on critical oil infrastructure, for instance, could drive prices up to $100 or $120 or even $150 a barrel. We need a bold, aggressive national energy and climate policy that helps Americans who are struggling to heat their homes and fill their gas tanks, and that moves us to safe, available alternatives as quickly as possible. That policy will recognize and benefit from the regional differences that give the United States its strength and diversity. These regional strengths – from the wind and solar of my own Mountain region, to the biomass and coal of the Midwest, to the tidal forces on the coasts – will help the United States meet the two great challenges of our era: energy security and global warming. Here are the principles that guide my thinking. Our energy policy solutions must fight global warming, which threatens human, ecological, and economic catastrophe literally everywhere on earth. Our energy policy solutions must wean us from oil, because any oil addiction perverts our nation’s strategic objectives, limits our options, and costs us both blood and treasure. Next, in meeting this challenge, we must support and help people, communities, industries, and small businesses who could be hurt by a careless transition – but are being terribly hurt by soaring prices today. Further, I am a market-oriented Democrat. I want to set clear regulatory standards and systems and incentives, and allow the markets to respond. Finally, we must keep the U.S. at the forefront of ASE TRAINING science and technology development – exploring frontiers, finding solutions to our energy and climate challenges. These are my bedrock principles — they are not subject to negotiation. We need a man-on-the-moon program to end this addiction, this hemorrhage. But we need it much faster and much more boldly than people are suggesting. When John F. Kennedy challenged this country to reach the moon, he challenged us to get there in TEN years, not twenty, or thirty, or forty.


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