High prices have again put energy policy squarely on the U.S. agenda. Political candidates are talking about every energy option under (and including) the sun. And this week, Congress is expected to take up new legislation that could expand energy supplies and increase efficiency—but would not directly address climate change. That would be an unfortunate, missed opportunity.
Today, we face a perfect storm of not one but three major global challenges: energy, climate change, and national security. These three areas are interconnected through our persistent and growing dependence on fossil fuels. We cannot try to solve one of these challenges in isolation and expect a satisfactory result. We must address all three.