Investing in renewables is crucial for the energy industry, he further argues

Sep 7, 2012 20:21 GMT  ·  By

Only yesterday, President Barack Obama officially accepted his being nominated as candidate for the next presidential elections in the US.

Whilst delivering his acceptance speech, he once again emphasized how important it is that investments continue to be made in harvesting renewable energy sources.

It has not been long since we reported on Mitt Romney's stating that, rather than “heal the planet”, he wishes to help Americans lead a better life by providing them with a secure energy industry, amongst others.

Still, Barack Obama points out that cutting down on carbon pollution and pushing for an ever increased use of renewables has as much to do with looking after ordinary folks, as Mitt Romney's planned energy policies do.

Thus, part of his acceptance speech made a case of how, “My plan will continue to reduce the carbon pollution that is heating out planet – because climate change is not a hoax. More droughts and floods and wildfires are not a joke.”

Quite the contrary: “They are a threat to our children’s future.”

As was to be expected, Barack Obama also wished to emphasize how the use of renewables has helped provide Americans with new job opportunities.

Moreover, thanks to legislations meant to green up the country's fuel standards, many car owners throughout the US can take pride in the fact that their vehicles can cover significant distances without leaving a considerable ecological footprint.

“After thirty years of inaction, we raised fuel standards so that by the middle of the next decade, cars and trucks will go twice as far on a gallon of gas. We've doubled our use of renewable energy, and thousands of Americans have jobs today building wind turbines and long-lasting batteries,” explained the President.

“America, I never said this journey would be easy, and I won’t promise that now,” concluded Barack Obama after arguing that, unlike Mitt Romney, he would not allow oil companies to be the ones guiding the future development of this country's energy industry.

Just for the record, drilling for oil and increasing natural gas production by means of fracking are to stand next to renewables for quite a long time in the future, as they are part and parcel of Barack Obama's “All of the Above” energy plan.