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New business coalition wants cheaper energy, stat

Posted at 1:40 PM on 15 Jul 2008

A group of businesses has kicked off a new campaign with the goal of making energy cheaper by whatever means possible. The new Coalition for Affordable American Energy -- not to be confused with, ahem, the existing Coalition for Clean Affordable Energy or Coalition for Affordable and Reliable Energy -- is backed by various business associations, including the Business Roundtable, National Association of Manufacturers, and U.S. Chamber of Commerce. "It is not our intention to enter the debate on specific policies at the 'micro' level in great detail," said a letter sent to business associations last week. But the group certainly has its favored policies: "The coalition will support initiatives which encourage conservation and the development of renewable and alternative energy sources," says the letter. However, it adds, "Our focus will be on increasing domestic oil and gas production since alternative sources will not be able to meet U.S. demand for the next 25 years or more."

source:  The Washington Post