A True "All of the Above" Energy Policy Is What We Need
In President Obama's State of the Union address, the "all of the above" energy policy approach was discussed and favored by the president as the best option to create jobs, ensure energy security, and cut carbon emissions. However, Obama's definition of the "all of the above" energy approach should be limited to natural gas production and renewables.
A true "all of the above" approach would still rely heavily on crude oil production, nuclear energy generation, and even more efficient coal. The president should be applauded for his efforts in reducing carbon emissions but a true "all of the above" approach would force our energy policy to choose either carbon emission goals or energy security. Both lofty goals cannot be achieved inclusively and the sooner we realize this and let free markets dictate winners, the sooner our own policy will stop standing in our way to accomplish our energy goals.
A winner for the new year
There's a huge difference between a good stock and a stock that can make you rich. The Motley Fool's chief investment officer has selected his No. 1 stock for 2014, and it's one of those stocks that could make you rich. You can find out which stock it is in the special free report "The Motley Fool's Top Stock for 2014." Just click here to access the report and find out the name of this under-the-radar company.
This segment is from Thursday's edition of "Digging for Value," in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy and materials sectors @TMFEnergy.
The article A True "All of the Above" Energy Policy Is What We Need originally appeared on Fool.com.Joel South and Taylor Muckerman have no position in any stocks mentioned, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.