Friday, December 02, 2005

Edward Rendell on PA Energy Harvest at National Press Club

Rendell gave a great speech at the National Press Club explaining how PA has become the nation's leader in alternative energy. I was surprised by how well he understands the issues and the degree of his commitment.

His common sense strategy is proven to work in PA and will work for the nation when we have a leader again. The basic elements are, wind, solar, biofuels, clean coal technology and synthetic fuels produced from coal. We have the world’s largest coal reserves, and the technology that powered the German Panzers with synthetic fuels has improved tremendously over the years. Today we can produce oil from coal for $35 a barrel. This number will fall dramatically when we start to produce plants and equipment on larger and larger scales. Don’t forget, oil hasn’t been $35 a barrel for some time.

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