There was President Barack Obama, working a friendly crowd in Henderson, Nevada, not far from Las Vegas. And then a sympathetic comment from a French businessman who wants to see U.S. regulation of climate-warming greenhouse emissions seemed to get the president all wound up.
After noting that the weather has been particularly wild lately — five feet of snow in Washington DC, rain at the Vancouver Olympics — Obama said the best way to “unleash” dynamism in the energy market is to set fuel efficiency standards, notably for cars.
“If you’ve got a fuel-efficiency standard in place that says your car needs to get 20 miles a gallon or 30 miles a gallon, suddenly all these engineers are thinking, well, how do we do that? And all these companies start coming up with new technologies that make your cars more fuel-efficient. Ultimately, you end up seeing jobs and businesses thriving in response to the regulation that’s been put there,” Obama told the town hall meeting.
Putting a price on carbon emissions could have the same effect by spurring innovation and ultimately creating jobs, he said.
The transition to cleaner renewable energy isn’t going to happen overnight, the president said.