BusinessWeek Online
Bush Is Blowing Smoke on Energy
By John Carey
2 hours, 22 minutes ago
n Apr. 27,
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"Our dependence on foreign energy is like a foreign tax on the American people," he declared in a speech to a gathering of small-business owners and entrepreneurs in Washington. What the country needs is "a national strategy," Bush said. "And the most important component of our strategy is to recognize the transformational power of technology. By harnessing the power of technology, we're going to be able to grow our economy, protect our environment, and achieve greater energy independence."
Powerful sentiments, indeed. But the words are largely hollow. Sadly, the plan Bush proposed would do little to increase existing supplies of oil, gas, or electricity, or decrease domestic demand for energy --the two steps that would really make a difference. Charges Frank O'Donnell, head of Clean Air Watch, a Washington-based environmental group: "The new Presidential energy plan seems mainly to be a public-relations stunt aimed at trying to reverse some of the latest polls, which show a growing public discontent with high gas prices -- and the President."
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LOW PRIORITY.
Of course, environmentalists such as O'Donnell can usually be counted on to bash GOP policies. But in this case the criticism is deserved. Plenty of evidence indicates that the White House's sudden interest in energy policy is driven far more by politics than substantive policymaking.
To understand why, recall the last Presidential election. Democratic candidate John Kerry struck a nerve when he called for reducing American dependence on Middle Eastern oil, saying that "we should rely in American ingenuity and not the Saudi Royal family."
Yet, Kerry failed to turn energy into a significant policy issue in the race. And the White House learned a lesson: You can score political points by talking about energy policy -- without ever needing to follow through. It has been widely reported that Vice-President Dick Cheney privately told top Washington energy-policy wonks after the 2004 election that the Administration would put the issue low on its priority list for 2005.
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