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Energy and Climate: Black to Gold to Green
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Energy and Climate: Black to Gold to Green

Memorandum to the President

Charles K. Ebinger and Kevin Massy
Brookings Institution Press, 2013
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Editorial Rating

7

Qualities

  • Controversial

Recommendation

Energy security experts Charles K. Ebinger and Kevin Massy appeal to President Obama to use America’s hydrocarbon resources to strengthen its geopolitical position and take a leading role in combating climate change. Though they propose a seeming contradiction, the authors advocate a “black-gold-green” approach to exploiting growing demand for oil and gas (the black) and using the resulting income (the gold) to ensure a more environmentally friendly future (the green). Although this memorandum is controversial and doesn’t offer the most innovative or eco-friendly way to tackle climate change, getAbstract recommends this brief contrarian text to anyone with an interest in energy security, resource technology, the environment and geopolitics.

Take-Aways

  • Developing nations require more and more energy to fuel their economies. This demand will have a negative impact on the environment.
  • America faces significant economic and political problems, but it can strengthen its position by meeting the growing demand for oil and gas from the developing world.
  • The United States can use hydrocarbon revenues and taxes to develop key technologies essential to fighting climate change.

About the Authors

Charles K. Ebinger is a senior fellow and director of the Energy Security Initiative at the Brookings Institution, a nonprofit public policy organization. Kevin Massy is an associate fellow and associate director of the Energy Security Initiative.

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