On the recordJune 16, 2021
I would like to close, as I often do, by observing that there are really only three things we have to do as a country. The first thing we have to do is cut the energy--double the efficiency with which we convert energy into economic activity. If we were to cut our energy use per dollar of GDP in half, we would almost be at the level that Switzerland has already achieved. I think we are better than Switzerland, personally, but let's at least aspire to be as good as Switzerland; double our efficiency. The second thing we have to do is do the research and development to figure out how to decarbonize industries like steel- and cement-making because we don't know how to make silicone; we don't know how to make steel; we don't know how to make cement; we don't know how to make fertilizer without fossil fuels today. That is an R&D challenge we have to figure out. Then we have to get to zero CO<INF>2</INF> emissions; not by 2050, not by 2030, by 1990. We have to get back to 350 parts per million in the atmosphere because that is the point that we can say to our children: We are leaving you a better planet than the one we inherited, where wildfires are not the norm, where droughts are not the norm. And is it going to be easy? No. But we know how to do it. The first thing we ought to do is take our hand off the emergency brake. Stop subsidizing yesterday's technology. Embrace markets. Embrace innovation. Embrace all that makes us American.…





