In regards to this particular assignment, as the Director of the National Economic Council I need to offer my position on the energy policy while also analyzing the domestic and international economic impact. To begin, the energy bill needs to propose solutions to addressing the multiplicity of growing problems, technological advancements/ obstacles, international political events, changing energy needs, and environmental concerns. Also, the comprehensive energy policy needs to not only meet the economic goals of the nation but also environmental goals. Therefore, the policy positions of both the Director of the National Economic Council and the organization at large are important in effectively creating a comprehensive energy bill. In …show more content…
Renewable energy is an alternative source of energy that is not only dependable and affordable but it also benefits our economy and environment. Our nation should encourage and produce cleaner energy from natural sources including the wind, sun and water and from innovative new processes, such as waste-to-energy conversion, biomass conversion and fuel cells. At large, renewable and clean energy will not only provide economic growth by creating jobs of the future but also will also confront our environmental challenges and improve our energy security. In order for our nation to utilize sources of renewable energy, there should be renewable electricity standard for large utility companies where it is mandatory that they acquire a certain amount of their electricity from renewable energy sources; there also should be proper financial incentives—clean energy tax credits— in order to preserve the growth of renewable energy. An additional recommendation for increasing the amount of renewable energy is to improve parts of the electric grid. Modernizing the electric grid will help make electricity more dependable, spare consumers money on their energy bills, and fortify homegrown American clean energy occupations and commercial ventures; overall this would build the productivity of the transmission infrastructure, uniting renewable …show more content…
Implementing energy efficiency programs and policies in every state is one of the most affordable approaches to confront our nation’s high-energy prices, energy security and freedom, air contamination and global climate change. At this juncture, the President’s leadership and authority is a key component and can be used to aggressively encourage the country to realize its energy efficiency ability and how it can develop the economy, the environment, and improve our overall national security. In order to save billions of dollars and increase energy efficiency, I recommend that the president focus on where most of our energy usage comes from: homes and business. My advice to the President is to first address ineffective energy practices and request that businesses and consumers reduce their energy usage in every state. Thus, there is need for vehicle fuel economy standards, appliance and equipment standards, an increase in the amount of energy star homes, buildings and equipment, a renewable energy checklist for homebuilders, promote Energy Star products and the program and building codes in order to create energy-efficient buildings. Overall, energy efficient policies will significantly reduce carbon emissions and save billions of dollars