"We know the country that harnesses the power
of clean, renewable energy will lead the 21st century.
And yet, it is China that has launched the largest
effort in history to make their economy energy efficient.
We invented solar technology, but we've fallen behind
countries like Germany and Japan in producing it.
New plug-in hybrids roll off our assembly lines,
but they will run on batteries made in Korea."
"Thanks to our recovery plan, we will double this
nation's supply of renewable energy in the next
three years. We have also made the largest investment
in basic research funding in American history -
an investment that will spur not only new discoveries
in energy, but breakthroughs in medicine, science,
and technology.
We will soon lay down thousands of miles of power
lines that can carry new energy to cities and towns
across this country. And we will put Americans to
work making our homes and buildings more efficient
so that we can save billions of dollars on our energy
bills.
But to truly transform our economy, protect our
security, and save our planet from the ravages of
climate change, we need to ultimately make clean,
renewable energy the profitable kind of energy.
So I ask this Congress to send me legislation that
places a market-based cap on carbon pollution and
drives the production of more renewable energy in
America. And to support that innovation, we will
invest fifteen billion dollars a year to develop
technologies like wind power and solar power; advanced
biofuels, clean coal, and more fuel-efficient cars
and trucks built right here in America."