Obama's Remarks On The Economy

Obama hit three major points in yesterday's press conference, Iran, green energy, and health care.

Here are his full opening comments on energy. Legislation that "paves the way" for a green energy revolution of sorts is in the docks.

Here he pumps that legislation as part of his vision for long term goals for the country.

McClatchy: Obama's opening remarks at news conference 6-23-09

This week, the House of Representatives is moving ahead on historic legislation that will transform the way we produce and use energy in America. It is legislation that will finally spark a clean energy transformation that will reduce our dependence on foreign oil and confront the carbon pollution that threatens our planet.

This energy bill will create a set of incentives that will spur the development of new sources of energy, including wind, solar, and geothermal power. It will also spur new energy savings, like efficient windows and other materials that reduce heating costs in the winter and cooling costs in the summer.

These incentives will finally make clean energy the profitable kind of energy. And that will lead to the development of new technologies that lead to new industries that could create millions of new jobs in America - jobs that cannot be shipped overseas.

At a time of great fiscal challenges, this legislation is paid for by the polluters who currently emit the dangerous carbon emissions that contaminate the water we drink and pollute the air we breathe. It also provides assistance to businesses and communities as they make the gradual transition to clean energy technologies.

This legislation is extraordinarily important for our country, and has taken a great effort on the part of many over the course of months. I want to thank the Chair of the Energy and Commerce Committee, Henry Waxman; his colleagues on that committee, Congressmen John Dingell, Ed Markey, and Rick Boucher. I also want to thank Charlie Rangel, the Chair of the Ways and Means Committee, and Collin Peterson, the Chair of the Agriculture Committee, for their many and ongoing contributions to this process. I also want to express my appreciation to Speaker Pelosi and Majority Leader Steny Hoyer.

We all know why this is so important. The nation that leads in the creation of a clean energy economy will be the nation that leads the 21st century global economy. That is what this legislation seeks to achieve - it is a bill that will open the door to a better future for this nation. And that is why I urge members of the House to come together and pass it.