John Rowe has a message for whoever wins election next month as the nation’s president: pay attention to energy.
Rowe is chairman and chief executive officer of Exelon Corporation, the electric and natural gas utility that owns the nuclear power plant to which Sanatogans awake every morning. Rowe’s take on presidential priorities was offered Wednesday (Oct. 15, 2008) night, in a speech at the Economic Club of Chicago. Not surprisingly, he suggested a national energy strategy.
The next president inherits “a nation with a fragile economy, a war abroad, and a warming climate. Responding to all of these challenges requires an effective energy policy,” Rowe claimed. Five items he’d like to see:
- Mandated federal legislation that addresses climate issues and their effect on the economy;
- National support, programs and investments for energy efficiency and conservation;
- Extending production tax credits for renewable energy sources;
- Financial support for low-carbon energy technologies like clean-burning coal and next-generation nuclear power; and
- Competitive electricity markets.
The full text of Rowe’s speech can be downloaded from Exelon’s website.