US Energy Policy Caught in the Vise of Economics and Politics
From New York Times
“DRILL, baby, drill.” It is among the best-remembered lines of the 2008 presidential campaign, colorfully capturing the desire of many Americans for cheap, reliable energy produced at home rather than in unpredictable places like Iran or Venezuela.
No slogan in the current presidential campaign has emerged to match it, but energy has taken center stage again as an issue that encompasses concerns about the environment and national security, and now, even more pressingly, economic revival.
Presidential campaigns have a way of producing stark contrasts between candidates. In the presidential debates, President Obama and Mitt Romney clashed sharply on fossil fuels and renewable energy.
