Intelligence Squared US

TUESDAY, MARCH 8, 2011

CLEAN ENERGY CAN DRIVE AMERICA’S ECONOMIC RECOVERY

About This Debate

To drag our economy out of the biggest crisis since the Great Depression, America needs another moon shot. Can the investment of billions into the clean energy sector trigger the creation of millions of jobs and innovation? Or would we simply be pumping dollars into the myth of a green economy?
* Motion language and panelists subject to change

The Panel

For The Motion

  • Bill Ritter
    Bill Ritter
    FOR THE MOTION
    Bill Ritter
    Was Colorado’s 41st governor. He established Colorado as a national and international leader in renewable energy by building a New Energy Economy that is creating thousands of new jobs and establishing hundreds of new companies. Gov. Ritter served as Denver's district attorney from 1993 to January 2005. He earned his bachelor's degree in political science from Colorado State University (1978) and his law degree from the University of Colorado (1981).
  • Kassia Yanosek
    Kassia Yanosek
    FOR THE MOTION
    Kassia Yanosek
    Is an investment advisor to the energy sector and is founder of Tana Energy Capital LLC. She also serves as a Steering Committee member of the U.S. Partnership for Renewable Energy Finance, a group she co-founded in 2009 with other financiers from leading institutions to provide insights to U.S. government officials on renewable energy policy from a capital markets perspective. In 2005, she served in the White House as an advisor on energy and economic policy at the National Economic Council.

Against The Motion

  • Robert Bryce
    Robert Bryce
    AGAINST THE MOTION
    Robert Bryce
    Is the author of several books, most recently Power Hungry: The Myths of "Green" Energy and the Real Fuels of the Future (2010). From 2006 to September 2010, he worked as the managing editor of the Houston-based online publication, Energy Tribune. In April 2010, he joined the Manhattan Institute’s Center for Energy Policy and the Environment as a senior fellow. His articles have appeared in dozens of publications including the Atlantic Monthly, Wall Street Journal, Slate, New York Times, and the Washington Post.
  • Steven Hayward
    Steven Hayward
    AGAINST THE MOTION
    Steven Hayward
    writes on a wide range of public policy issues. He is the author of Almanac of Environmental Trends and most recently Mere Environmentalism, an examination of the philosophical presuppositions underlying the environmental movement. He has written biographies of Presidents Jimmy Carter and Ronald Reagan and of Winston Churchill. Hayward is also a senior fellow at the Pacific Research Institute. He contributes to AEI's Energy and Environment Outlook series.

Moderator

John Donvan is an author and correspondent for ABC News. He has served as ABC’s White House Correspondent, along with postings in Moscow, London, Jerusalem and Amman. He is currently writing a book on the history of autism to be published by Crown in 2013.

Poll Results

Pre-Debate Poll Results
46% For | 21% Against | 33%

Post Debate Poll Results
43% For | 47% Against | 10%

Debate Media

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Point/Counterpoint

For

  • The current administration expects its clean energy policies to generate 800,000 jobs over the next two years, laying the foundation for lasting economic growth.
  • Consumers can save billions of dollars relying on clean energy sources and increasing energy efficiency, leaving more money to be spent on other goods and services.
  • Major investment in clean energy will lead to innovation and new technology.
  • Reducing dependence on imported energy frees us to spend our limited resources domestically and protects us from fluctuations in oil prices and climate change.

Against

  • The Department of Energy’s own job creation estimates are far more modest than those of the President’s Council of Economic Advisers.
  • A significant portion of clean energy funding has gone to foreign companies who have the advantage of having been heavily subsidized by their own governments for a number of years.
  • Clean energy jobs face the same problems any other industry faces--competition from cheap foreign labor.
  • A real green economy wouldn’t rely on government regulation and taxpayer financed subsidies.