4.3: Energy Security
Enhance U.S. and global energy security by: promoting open and transparent, integrated, and diversified energy markets; encouraging
appropriate energy-sector investments to expand access to energy and increase economic growth and opportunity; and developing
clean and efficient energy technologies.
Other Information:
We will enhance U.S. and global energy security by: promoting open and transparent, integrated, and diversified energy markets;
encouraging appropriate energy-sector investments to expand access to energy and increase economic growth and opportunity;
and developing clean and efficient energy technologies. Energy supply disruptions caused by hurricanes in the United States,
disruptions in Russian natural gas supplies, and internal disputes in Nigeria underline the need for policies that strengthen
energy security. We will intensify engagement with key producers to increase oil production and capacity and strengthen investment
climates to facilitate U.S. oil investment in key resourcerich countries. Our diplomatic efforts in support of multiple pipelines
for Caspian oil and natural gas will broaden the diversification of energy supplies worldwide. Working with the International
Energy Agency, we will widen engagement with key drivers of global demand in the developing world (e.g., India and China)
on the need to build strategic petroleum stocks, enhance efficiency, adopt clean and renewable energy technologies, and accelerate
market-based domestic policy reforms. In support of the President’s 2006 Advanced Energy Initiative to develop alternative
sources of energy and reduce foreign dependence, we will strengthen major international collaborations on cutting-edge energy
technology research and development in biofuels and clean coal power generation, as well as hydrogen, methane, wind, and carbon
sequestration.
Indicator(s):
|
