Obama’s legislation increases jobs in the alternative energy sector – saves US from recession and collapse.
Fahey 6/25/10(Anna, Sightline Daily news, “Americans Want Strong Energy Policy, Pronto!”)AQB
The economic benefits of clean energy policy—good business, more jobs—are clear. The Wall Street Journal-NBC Poll—conducted June 17 – 21—found that 69 percent of respondents feel that Obama’s proposals to develop alternative sources of energy and reduce the amount of oil and other fossil fuels produced and used in the US would increase the number of available jobs in the US. Seventy-nine percent felt that such proposals would make life better for the next generation of Americans. On June 9, Small Business Majority released the findings of a national poll of small business owners’ opinions on clean energy and climate legislation. A majority (61 percent) agree that moving the country to clean energy will help restart the economy and help small businesses create jobs, and 58 percent think that adopting new energy policies will transform the economy and they want their business to be a part of it. A solid 50 percent of small business owners said they support policy that would “put a price on carbon emissions from energy sources like oil and coal, so companies would have to pay if they release these emissions into the air.” Interestingly, 78 percent of African-American and 60 percent of Hispanic small business owners support such policy.
Energy legislation increases reliance on market forces while reducing limiting regulations.
Summers 10(Lawrence, 71st United States Secretary of the Treasury and 8th Director of the National Economic Council, “"The Economic Case for Comprehensive Energy Reform” National Economic Council)AQB
Third, comprehensive energy legislation will reduce reliance on heavy-handed regulation and increase reliance on market forces. This is true in our country and this is true around the world. You know, the first rule of holes is that when you’re in a hole, you should stop digging. In that spirit, the first principle of rational energy policy is that when a fuel is associated with all kinds of what we economists call externalities, pollution locally, carbon dioxide globally, national security risks associate with importation, it is a bad idea to subsidize it. Yet around the world, fossil fuel subsidies exceed $300 billion a year – $300 billion a year – and account for 12 percent of global greenhouse gas emissions. I think there’s a chance that when the history is written the most important thing that happened in the last year was the agreement by the G20 countries that contain the vast majority of the world’s GDP to eliminate over time their energy subsidies. It doesn’t go far enough – ultimately the price of carbon is going to have to rise – but an elimination of those $300 billion of energy subsidies is a substantial step forward towards allowing market forces to operate in the energy arena. It’s not just eliminating subsidies in other countries. It’s what we do here. Now I’m an economist, so I’m a bit of an evangelist for markets. But anyone who thinks about our energy policy debates has to be impressed by the record of the smaller-scale, because this is a smaller-scale issue, but similarly designed sulfur oxide program in the United States. Many thought it was too hard to introduce a market. Many thought that the right answer was command-and-control legislation. But the fact is that by 2000 sulfur dioxide pollution had fallen nearly below 30 percent below 1990 levels, and the cost was a relatively small fraction of what everybody expected in 1990. We are going to regulate fossil fuel emissions in the future. Much better than we do it with market based mechanisms than enable those who can economize most cheaply to be the ones who economize. Allowing market forces to operate is the third reason why this is so important. Adding flexibility for the private sector will be particularly important with respect to ensuring that we take advantage of the vast increase in our potential natural gas supplies that has been identified over the past several years.
I/L Economy – Generic
Energy reform is an economic imperative
Jenkins and Swezey 4/19 [Jesse, Director of Energy and Climate Policy Breakthrough Institute, Devon, Energy Political Analyst Project Director for Breakthrough Institute, 2010, http://www.google.com/#hl=en&q=Devon+Swezey&aq=f&aqi=&aql=&oq=&gs_rfai=&fp=355c0c6008861bf6] KLS
Accelerating U.S. clean technology innovation, manufacturing, and market creation has become not just an environmental necessity but an economic imperative. A recent Pew study showed that the global clean energy industry has experienced rapid investment growth over the last five years. New clean tech investments in 2009 reached $162 billion, which is expected to grow 25 percent to $200 billion in 2010. With the global clean energy economy emerging as one of the largest economic opportunities of the 21st century, government policy and public investment will be critical determinants of which countries come out on top in the race to attract private sector investment in clean energy technologies.
Energy reform will revolutionize America’s clean energy market- ensuring US economic competitiveness, reaffirming American leadership
Jenkins and Swezey 4/19 [Jesse, Director of Energy and Climate Policy Breakthrough Institute, Devon, Energy Political Analyst Project Director for Breakthrough Institute, 2010, http://www.google.com/#hl=en&q=Devon+Swezey&aq=f&aqi=&aql=&oq=&gs_rfai=&fp=355c0c6008861bf6] KLS
In the face of aggressive foreign competition in the clean energy industry, the United States urgently needs a comprehensive competitiveness strategy of its own to accelerate the development of a domestic clean energy industry and take advantage of emerging export opportunities. Such a strategy should prioritize large and sustained public investments in clean energy R&D, advanced clean energy manufacturing, innovative deployment, and clean energy education. Clean energy technologies today are still too expensive relative to fossil fuels to be widely deployed at scale around the world. In the long term, relying on either high carbon prices or permanent ongoing subsidies to make clean energy competitive will effectively close off export opportunities to developing nation markets that will be unable to impose either high carbon fees or sustain large ongoing subsidies for clean energy sources. If the United States wants to tap the multi-trillion dollar export opportunity that lies in meeting the rapidly growing demand for energy in the developing world, we much therefore focus on making clean energy technologies cheaper in unsubsidized terms. The overarching goal that should permeate all aspects of a new clean energy competitiveness strategy should be to make clean energy cheap. In light of this goal, there is strong expert consensus around the need to dramatically boost public investment in energy R&D by at least $15 billion per year in order to invent new breakthrough technologies, and improve existing clean energy technologies and reduce their costs. The U.S. government must also invest in the creation of a robust clean energy manufacturing industry in the United States, and should adopt an explicit manufacturing agenda. They U.S. government has consistently lacked a set of policies to help U.S. clean energy manufacturers scale up, reduce costs, and stay at the cutting edge. The government must help provide the financing necessary for the creation of expansion of clean energy manufacturing facilities here in the United States. The government must also rethink the way that it structures its clean energy deployment policies. Currently policies like the wind production tax credit (PTC) are designed simply to drive more wind turbines into the ground. Rather, we need a set of policies that treat deployment as part of the innovation process and rationalize deployment around reducing the real costs of clean energy technologies. One proposed institution, the Clean Energy Deployment Administration (CEDA), would help achieve this goal, and has explicit technology and cost improvement goals as part of its mission. Lastly, and perhaps most importantly, the United States must inspire and train a new generation of scientists and engineers and equip them with the tools necessary to solve our long-term energy, climate, and economic challenges. U.S. students consistently trail their peers in leading science and math education indicators. Securing long-term economic competitiveness will require major new investments in our energy workforce as clean energy emerges as one of the most promising economic opportunities of our time. America can still be the world leader in new global clean tech industry. We remain one of the most innovative and entrepreneurial countries in the world. But without a comprehensive clean energy competitiveness strategy that can compete with those implemented around the world, America will lose out on one of the greatest economic opportunities of the 21st century.
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