President Calls for Profitable Green Energy

  • President Obama's address to a joint session of Congress on February 24 (Photo by Pete Souza, courtesy of the White House)

Health care and education are always
top priorities in a Presidential budget.
But last night President Barack Obama
told Congress in his budget address,
“It begins with energy.” Lester Graham
reports:

Transcript

Health care and education are always top priorities in a Presidential budget. But last night President Barack Obama told Congress in his budget address, “It begins with energy.” Lester Graham reports:


The President reminded us the recent stimulus package included doubling the supply of renewable energy in the next three years, investments in basic research – including energy, a better power grid and making buildings and homes more energy efficient.


“But to truly transform our economy, protect our security, and save our planet from the ravages of climate change, we need to ultimately make clean, renewable energy the profitable kind of energy.”


And to do that the President called on Congress to pass legislation that places a market-based cap on carbon pollution. A carbon cap and trade program would make fossil fuels more expensive… and encourage solar, wind and other renewable energy.


Climate change legislation opponents say a carbon cap-and-trade program would be a jobs killer. By tying it to creating new green jobs, President Obama hopes to challenge that argument.


For the Environment Report, this is Lester Graham.

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