The Democrats recently announced they plan to bring the energy debate back to their corner when they return from recess next week. They, too, will embrace an "All of the Above" strategy. But is it focused on what truly matters when it comes to energy policy in 2008?
By Alisha Fowler, Breakthrough Institute
The Republicans have been pounding the Democrats on energy policy so far this summer, effectively adopting an "All of the Above" approach (at least in terms of their messaging) to solving our energy price woes. The Democrats' responses, on the other hand, have failed to frame the debate on their terms, instead offering scattered solutions and saying "no!" to the Republicans' plans.
The Democrats, however, announced they plan to take back the debate as they return from recess next week and head into the fall. According to Congressman Markey (D-MA), they will deploy a counter-strategy capable of doing "a political reverse takedown on the Republicans."
The Democrats will test the Republicans with their own "All of the Above" strategy that will embrace offshore drilling as it calls for a renewable energy mandate, energy-efficiency measures for buildings, and oil industry tax provisions.
As the Republicans chew on that, I also have to wonder if the Democrats are really paying attention, once again, to what truly matters when it comes to energy policy in 2008.
The Democrats say their bill is a work in progress and offered few specifics besides the information above and their certainty that they will pigeonhole the Republicans with an offshore drilling provision.
House Natural Resources Chairman Nick Rahall (D-W.Va.) added that the inclusion of an offshore drilling provision proves that the Democrats are prepared to respond to the needs of some in their caucus and the concerns of the American people.
Democrats say that their message this fall will focus on alternative energy and achieving energy independence. But will their policy solutions match their message? Based on what we have gleaned so far, it is apparent that the Democrats are overlooking some critical details:
It is already September. The crucial Production Tax Credits (PTC) and Investment Tax Credits (ITC) for the emerging renewable industries will expire at the end of 2008 if they are not renewed by Congress in the next few months. If they expire, so will an estimated 116,000 jobs and billions of dollars lost in clean energy profits for homegrown American energy - all at a time when our ailing economy is struggling to pick itself up. These tax breaks are absolutely critical to the continued growth of America's alternative energy industries and their extension will only be good news for our economy.
Promoting a renewable energy mandate - essentially a political nonstarter for Republicans - when the PTC/ITC extensions are at stake indicates that the Democrats' priorities are not set straight. The Democrats should drop the mandate and focus on what matters between now and 2009: extending the critical renewable energy incentives and demonstrating to Americans that Democrats have what it takes to win our energy freedom and strengthen and support the tremendous potential of the emerging clean energy economy.
The Democrats have a ripe opportunity to get this right - they can win on message, and on substance - if they adopt policies that reflect Americans' true concerns: our economy and energy security. In order to do this, the Democrats must also walk the talk when it comes to their "All of the Above" energy policy. The Democrats must at least include what matters above all else for energy policy in 2008: renewing tax credits that will support the growth of America's alternative energy industries and in turn, America's economy and energy security.