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Event Summary

Energy issues are central to the most important strategic challenges facing the United States and the world. And in the presidential campaign, they are increasingly central to the discussion of how the next president will approach America's environmental, economic and security policy. From the idea of a gasoline tax "holiday" to ethanol subsidies to trade policy, energy issues may well dominate policy and political discussions this summer.

Event Information

When

Monday, May 12, 2008
10:15 AM to 12:00 PM

Where

Saul/Zilkha Rooms
The Brookings Institution
1775 Massachusetts Ave., NW
Washington, DC
Map

Event Materials

Contact: Brookings Office of Communications

E-mail: events@brookings.edu

Phone: 202.797.6105

On May 12, the Opportunity 08 project at Brookings hosted Senator Lamar Alexander (R-Tenn.) for a discussion of energy issues facing the next president. In December of 2007, Alexander was elected by his peers to chairman of the Senate Republican Conference—the third-ranking Republican position in the U.S. Senate. Senator Alexander has recently proposed that the U.S. launch a new, bipartisan Manhattan Project, “a 5-year effort to put America firmly on the path to clean energy independence.”

William Antholis, Brookings managing director, provided introductory remarks. After the program, Senator Alexander took audience questions. A panel discussion followed.

Watch event clips »
Read Senator Alexander's remarks »

Opportunity 08 aims to help presidential candidates and the public focus on critical issues facing the nation, providing ideas, policy forums and information on a broad range of domestic and foreign policy questions.

Transcript

SENATOR ALEXANDER: The overwhelming challenge in 1942 was that Germany would build a bomb before we did. The overwhelming challenge today, according to the National Academy of Sciences President Ralph Cicerone in his address two weeks ago to the Academy’s annual meeting is to discover ways to satisfy the human demand for and use of energy in an environmentally satisfactory way and an affordable way so that we’re not overly dependent on overseas sources.

Most of us know the statistics Cicerone repeated them in his address. We pay $500 billion overseas for oil, that’s $1600 for each one of us. Some of it to nations that are hostile to us, some of them that are funding terrorists that are trying to kill us. It’s half our trade deficit. It’s forcing gasoline prices to $4 a gallon. It’s crushing family budgets. And then there are the environmental consequences. If worldwide energy use continues to grow as it has, humans will inject as much CO2 into the air from fossil fuel burning between 2000 and 2030 as they did between 1850 and 2000. There’s plenty of coal to help achieve energy independence but there is no commercial way, yet, to capture and store so much carbon from so much coal burning. And we haven’t finished the job of controlling sulfur, nitrogen, and mercury emissions.

Participants

Introduction

William J. Antholis

Managing Director, The Brookings Institution

Featured Speaker

The Honorable Lamar Alexander, (R-Tenn.)

Chairman, Senate Republican Conference

Moderator

Carlos Pascual

Vice President and Director, Foreign Policy

Panelists

William J. Antholis

Managing Director, The Brookings Institution

Jason Bordoff

Policy Director, The Hamilton Project

Jonathan Elkind

Nonresident Senior Fellow, Foreign Policy

David B. Sandalow

Senior Fellow, Foreign Policy


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