Forging the Climate Consensus: Expanding Production from America’s Domestic Energy Resources
The National Commission on Energy Policy has long argued that a sound, long-term energy policy for America must provide for adequate, affordable, and reliable supplies of energy to support a robust economy on the one hand, while also responding to urgent environmental concerns—most notably the threat of global climate change—on the other.
As Congress considers new energy and climate legislation, there will be vigorous debate about the best approach to limiting U.S. greenhouse gas emissions, about the government’s role in accelerating the deployment of new energy technologies, and about the impact of different policy choices on energy security, the economy and jobs, and the environment. Provisions aimed at expanding domestic energy production and diversifying the array of energy options available to U.S. consumers and businesses during the transition to a low-carbon economy are likely to play an important role in this debate and in winning bipartisan support for final legislation. Accordingly, this paper explores a number of policy proposals specifically designed to promote development and increase production from domestic energy resources as part of a balanced climate and energy agenda.
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