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Clean energy catalyst launches

By Juliet Eilperin

Climate legislation may be in suspended animation, but a new group combining investors, labor unions and policymakers hopes to leverage the market to expand energy efficiency efforts.

The Clean Economy Development Center, which will be run by former Change to Win executive director Chris Chafe and former investment banker Jeffrey King, has raised $1 million in operating capital and aims to galvanize retrofit efforts across the country.

Chafe said that while there are plenty of policies aimed at creating a clean economy, "What we need is to connect the players so we can overcome the market barriers. The Gulf oil disaster is another reminder of why we have to do this."

The center's leaders say they are in what they call "serious discussions" with more than 12 major financial investment firms, nine unions, and policymakers at the Department of Energy and in a dozen states.


Juliet Eilperin

 |  May 4, 2010; 6:00 AM ET Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   StumbleUpon   Technorati  
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The BP Deepwater Horizon oil platform blowout in the Gulf of Mexico has three impacts. It was a local human tragedy for friends and families of the eleven killed workers. It will also have real regional, but temporary, negative ecological and commercial fisheries impacts. And, the spill will chronically damage the image and political influence of corporate petroleum interests – even though BP was a significant funder of Obama’s election. The top recipient of BP-related donations during the 2008 presidential election was Barack Obama, who collected $71,000, according to the nonpartisan Center for Responsive Politics. What the BP blowout was certainly not, is a proper justification for the Obama Administration to suspend their recently-authorized expansion of offshore oil explorations in the Gulf of Mexico, Atlantic Seaboard, Arctic and Pacific Coasts. Oil and gas products supply about 60% of America’s energy needs. And, they represent 7% of our gross domestic product (GDP).

Today’s U.S. Interior Secretary Salazar’s suspension of oil explorations is the daily political posturing of an administration that is in chaos, and desperate to maintain and expand power over all branches of U.S. Government. They fear an expected fall off-year congressional election blowout of Democrats.

Neither government nor environmentalists has ever produced a single drop of oil. Oil and gas will continue to fuel our prosperity through the 21st century. Political progressives exhibit a perverse pattern of dividing and exploiting Americans into voting blocks by race, labor class, gender identity and religion, including environmentalism.

Posted by: PAULTAYLOREXAMINER | May 8, 2010 10:54 AM
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