07/27/2009 05:12 am ET | Updated May 25, 2011

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