Summary

Portrait of Barack Obama Barack Obama The Coming Storm: Energy Independence and the Safety of Our Planet (2006)

Last September, when I gave my first speech on energy, I talked about how our dependence on oil is hurting our economy, decimating our auto industry, and costing us millions of jobs. A few months ago, I discussed how the oil we import is jeopardizing our national security by keeping us tied to the world’s most dangerous and unstable regimes. And when it comes to climate change, it’s the fossil fuels we insist on burning – particularly oil – that are the single greatest cause of global warming and the damaging weather patterns that have been its result.
Source: Wikisource

Portrait of Barack Obama Barack Obama The Coming Storm: Energy Independence and the Safety of Our Planet (2006)

There is now no doubt that fuel-efficient cars represent the future of the auto industry. If American car companies hope to be a part of that future - if they hope to survive - they must start building more of these cars. This isn’t just about energy – this is about the ability to create millions of new jobs and save an entire American industry.
But that’s not to say we should leave the industry to face the transition costs on its own. Yes, we should raise fuel economy standards by 3% a year over the next fifteen years, starting in 2008.
Source: Wikisource

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