Obama talks carbon pricing
Obama is finally using the BP disaster to talk about the need to get past the sticky black stuff that's choking the Gulf Coast:
Now, this brings me to an issue that’s on everybody’s minds right now -- namely, what kind of energy future can ensure our long-term prosperity. The catastrophe unfolding in the gulf right now may prove to be a result of human error, or of corporations taking dangerous shortcuts to compromise safety, or a combination of both. And I’ve launched a National Commission so that the American people will have answers on exactly what happened. But we have to acknowledge that there are inherent risks to drilling four miles beneath the surface of the Earth, and these are risks these are risks that are bound to increase the harder oil extraction becomes. We also have to acknowledge that an America run solely on fossil fuels should not be the vision we have for our children and our grandchildren. [...]
The only way the transition to clean energy will ultimately succeed is if the private sector is fully invested in this future -- if capital comes off the sidelines and the ingenuity of our entrepreneurs is unleashed. And the only way to do that is by finally putting a price on carbon pollution.
Now, many businesses have already embraced this idea because it provides a level of certainty about the future. And for those that face transition costs, we can help them adjust. But if we refuse to take into account the full costs of our fossil fuel addiction -- if we don’t factor in the environmental costs and the national security costs and the true economic costs -- we will have missed our best chance to seize a clean energy future.
The House of Representatives has already passed a comprehensive energy and climate bill, and there is currently a plan in the Senate -- a plan that was developed with ideas from Democrats and Republicans -- that would achieve the same goal. And, Pittsburgh, I want you to know, the votes may not be there right now, but I intend to find them in the coming months. (Applause.) I will continue to make the case for a clean energy future wherever and whenever I can. (Applause.) I will work with anyone to get this done -- and we will get it done.
The next generation will not be held hostage to energy sources from the last century. We are not going to move backwards. We are going to move forward.
Good stuff. The problem is that he waited so long to make this pivot that he's now doing it from a place of relative weakness rather than strength.
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