You know what higher interest rates mean. To you it means a higher mortgage payment, a higher car payment, a higher credit card payment. To our economy, it means business people will not borrow as much money, invest as much money, create as many new jobs, create as much wealth, raise as many raises.
I did a lot of work on energy efficiency at the White House. By the time I left we had taken the equivalent of six hundred cars a year off the road in reduced greenhouse gas emissions just in the White House complex.
Everybody has a gas-guzzling car because people like SUVs. They would like SUVs if they were hybrid vehicles that had the same horsepower and used less gasoline. Instead, what the auto manufacturers are doing is building SUVs that are hybrid vehicles that use the same amount of gasoline because they up the horsepower. That's a decision that they make to market irresponsible economic behavior. The American people like the SUVs, they have kids, they, they need them, they get around in them, but we have options.
The new energy future is decentralised, entrepreneurial and needs people like you to say 'Give me a clean car, give me solar shingles to put on my roof - give me a clean future'
The Republicans could mess up a two car parade
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