A Climate Bill Surge?

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Last week, we noted that Larry Summers, director of Obama’s National Economic Council, called for an “eclectic” energy policy in a speech at the Energy Information Administration. But the rest of his speech was far more interesting than that soundbite suggests. Summers painted the need for an energy overhaul as a strategic economic move that must be made post-haste.

Energy & Environment News posted the full speech today, which calls for “a new gestalt, a new view, a new paradigm, and a commitment to renewal” on energy policy:

Which, I ask you, has greater danger going forward: that we will, in the name of comprehensive energy policy somehow do too much that will affect energy markets by encouraging efficiency or encouraging exploration, or that we will again miss the opportunity, that we will again not act strongly enough with respect to a gathering storm?

Read the history of great nations. Read how they succeed and read how they fail. Their ability to mobilize to solve problems before they are absolutely imminent crises is what determines their longevity. That’s why this task of economic renewal is so important broadly. And that’s why I believe it is so important that we move for economic reasons to pass comprehensive energy legislation.

The E&E story posits that the Summers speech is a prelude to a “climate-bill surge” in the coming weeks. The three senators working on climate legislation—John Kerry (D-Mass.), Lindsey Graham (R-SC), and Joe Lieberman (I-Conn.)—have said they will have a bill ready for release next week, in anticipation of Earth Day on April 22. But the opening for passing a major law this year is quickly narrowing. If the Obama administration is serious about getting legislation in place, go time is now.

HERE ARE THE FACTS:

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ONE MORE QUICK THING:

Our fall fundraising drive is off to a rough start, and we very much need to raise $250,000 in the next couple of weeks. If you value the journalism you get from Mother Jones, please help us do it with a donation today.

As we wrote over the summer, traffic has been down at Mother Jones and a lot of sites with many people thinking news is less important now that Donald Trump is no longer president. But if you're reading this, you're not one of those people, and we're hoping we can rally support from folks like you who really get why our reporting matters right now. And that's how it's always worked: For 45 years now, a relatively small group of readers (compared to everyone we reach) who pitch in from time to time has allowed Mother Jones to do the type of journalism the moment demands and keep it free for everyone else.

Please pitch in with a donation during our fall fundraising drive if you can. We can't afford to come up short, and there's still a long way to go by November 5.

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