Did Bad Energy Policy Cause the Economic Crisis? (VIDEO)

Here's the thing about the current economic crisis and global warming. For the past decade, there were lots of smart people warning about the housing boom and about climate change, yet they were largely ignored.

We're now being forced to address both these matters -- at last. But rather than embrace each of them one at a time, this country and others have the opportunity to create a virtuous circle between sound energy policy and economic recovery.

To understand how we got here, watch David Goldstein of the Natural Resources Defense Council. He makes a convincing case linking jobs, inflation, and the savings rate to smart environmental practices. "If we're going to get out of the hole," he says, "we need to stop digging ourselves into it first."

Watch the full program at FORA.tv.

Follow Blaise Zerega on Twitter: www.twitter.com/BeeZee

Comments

[sc300nc]

We do need a sensible energy policy, and it appears we will still need one when Obama's term is over.

[Dolmance]

Eight years of no governance. It was as if there was no government at all. Just a guy who was delighted to have a jet to fly around in and really enjoyed having people call him Mr. President and letting him fly around in a big jet.

This was a Revolution of Morons. And the bastards still dream of following it up with a Sarah Palin Presidency.

A Revolution of Morons. And now we are screwed beyond all recognition.

[shamaniceconomist]

The economic problems in the United States can't really be solved without addressing the trade deficit -- and half of U.S. imports are energy. Energy policy can't wait until the economy improves, because without some kind of rational energy policy the economy will not improve much.