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Climate One

Energy Policy: What’s Next? (4/5/11)

Climate One

Climate One

Social Sciences, News Commentary, Earth Sciences, Science, News

4.7583 Ratings

🗓️ 7 April 2011

⏱️ 37 minutes

🧾️ Download transcript

Summary

Energy Policy: What’s Next? T.J. Glauthier, Former Deputy Secretary, U.S. Department of Energy James Sweeney, Director, Precourt Energy Efficiency Center, Stanford Tony Knowles, Chair, National Energy Policy Institute; Former Governor, Alaska The United States does not have a national energy policy. In this panel convened by Climate One three experts long involved in the US energy debate conspire to shape their own. The plan: steadily increasing the cost of gasoline at the pump, replace diesel with liquefied natural gas for heavy trucking, harvest cost-effective energy efficiency opportunities, and boost the production of shale gas.“These are not new issues,” says former Alaska Governor Tony Knowles. “Unfortunately, I think Tom Friedman said it best: ‘Our national energy policy is more the sum total of our best lobbyists, rather than our best wisdom.’” Politics, not science or economics, has shaped our energy policy, Knowles says. A proposal recently put forward by the California Secure Transportation Energy Partnership, where Stanford University’s Jim Sweeney is a member, would add a penny per month to the state’s gas tax for 10 years. Tony Knowles cited a similar proposal recommended by the National Energy Policy Institute, which would increase the federal gas tax by $0.08 per gallon each year for 20 years with the goal of reducing oil consumption by 1.5 million barrels per day. Knowles and T.J. Glauthier, a former Deputy Secretary at the US Department of Energy, advocate for retrofitting the country’s heavy trucking fleet to run on domestic liquefied natural gas (LNG). “We’ve got truck stops all over the country. If we spent some money helping build out the natural gas refueling parts of those truck stops, and provide some help to trucking companies for the conversions, there’s a huge benefit,” says Glauthier. Jim Sweeney, Director of Stanford’s Precourt Energy Efficiency Center, emphasizes the abundant opportunity that exists for consumers to save money with energy efficiency improvements. We just have to get the incentives right. “People talk about those as the ‘low-hanging fruit.’ Unfortunately, some of that fruit has been low-hanging for decades now and hasn’t been picked, which means there’s a reason,” he says. Knowles and Glauthier also recommend that shale gas be a part of the energy mix. “It’s great for the American public, it’s great for the energy sector, to have natural gas supplies that are much larger, and they’re all domestic,” says Glauthier. This program was recorded in front of a live audience at the Commonwealth Club of California, San Francisco on April 5th, 2011 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:14.9

How will we power our future?

0:17.2

Can we create a healthy and clean economy?

0:20.1

Climate 1 at the Commonwealth Club is at the forefront of the global debate about energy, economy, and the environment. Bringing together the brightest and most provocative leaders of our time, Climate One is the place where big ideas get heard. With thoughtful and insightful discussions on policy, business, science, and culture, Climate One founder Greg Dalton gets to the heart of the matter.

0:41.4

It's our future. It's time to come together.

0:44.5

Welcome to Climate One at the Commonwealth Club. I'm Greg Dalton.

0:47.6

Middle East turmoil and Japan's nuclear disaster are raising questions about how America should power its economy.

0:54.4

Crude oil has risen nearly 20% this year, driving gasoline to prices last seen three years ago.

1:01.0

How will consumers respond during the upcoming summer travel season?

1:04.8

How should government respond for the long run?

1:07.4

Has Fukushima doomed new nuclear plants in this country?

1:10.7

For the next hour, we'll discuss

1:12.1

America's energy future with our live audience in San Francisco and three experts. T.J. Glothier is a

1:18.2

consultant to several energy companies and former deputy U.S. Secretary of Energy under President

1:23.6

Clinton. Tony Knowles is chair of the National Energy Policy Institute and former

1:28.2

Democratic Governor of Alaska, and Jim Sweeney is director of the Precourt Center for Energy

1:33.3

Efficiency at Stanford. Please welcome them to Climate One.

1:40.9

Jim Sweeney, let's begin with you. The Middle East turmoil is put that in historic context for us.

1:48.0

We've seen oil supply shocks in 73 and 79, then again around the first Gulf War.

1:55.0

I mean, in terms of historic magnitude, how is this as an energy event what's going on with oil supply in the Middle East?

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