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The Entrepreneurial Agenda by Robb Mandelbaum

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August 8, 2008

Campaign For The White House 2008

McCain's Coal Contradiction -- In The Bush Tradition

Posted at 6:03 PM

If John McCain's double standard on clean fuel -- opposing government support that "picks winners" among to renewable fuels, but favoring aid for clean coal -- seems familiar, that may be because it's been embraced by the current occupant of the Oval Office.

In April, President Bush announced an extremely modest proposal "to stop the growth of U.S. greenhouse gas emissions by 2025." There is, he said, "a wrong way and a right way to approach reducing greenhouse gas emissions."

The wrong way is to jeopardize our energy and economic security by abandoning nuclear power and our nation's huge reserves of coal. The right way is to promote more emission-free nuclear power and encourage the investments necessary to produce electricity from coal without releasing carbon into the air.

On the other hand, "the incentive should be technology-neutral because the government should not be picking winners and losers in this emerging market."

As Bradford Plumer wrote that day in The Vine, the New Republic's energy and environment blog: "So the government shouldn't pick winners and losers, so long as coal and nuclear are winners. Nice."

Nice, indeed.

Tags: Bush, climate, energy, McCain

1 Comment

Posted by: Adam Sachs at August 8, 2008 7:52 PM

Hey Robb,

I love reading your stuff. I'm an entrepreneur with a startup called Ignighter.com. We're out in Boulder, CO for the summer at TechStars.

We have a great event that we're sponsoring next week in Manhattan and I'd love to give you more details about it. Basically it's a perfect marriage of entrepreneurship and the election and I think it would be right up your alley. How can I contact you to give you more details?

Thanks!
Adam Sachs

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