Last month, President Obama proposed a plan that will, in his words, “pave the way toward a sustainable energy future” by using billions of dollars from offshore oil and gas leases to fund clean energy technology. While we share the vision of a sustainable energy future, the President’s proposal exemplifies two major reasons his “all of the above” energy strategy won’t get us there. First, the President’s proposal calls for more pollution today to generate money for a clean energy tomorrow. This is absurd, especially when we can have clean energy today if the president uses the tools already at …
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Jigar Shah is the author of the upcoming book: Creating Climate Wealth: Unlocking the Impact Economy and the founder of SunEdison, the largest solar services company.