Offshore royalities

From The Breakthrough Institute Blog:

What could have a significant impact on our energy security, however, would be to invest the hundreds of billions in potential federal revenues from oil and gas royalties to accelerate clean tech innovation and deployment, helping America develop the clean and affordable energy sources needed to truly diversify our energy mix and secure our freedom from oil.

The authors, Jesse Jenkins and Yael Borofsky, go on to point out that this strategy is suspiciously similar to a plan Republicans concocted last year. We'll have to wait and see how the Party of No reacts if Democrats include provisions like this in the Senate bill - this might just be one area of domestic policy where both parties have something substantive to contribute.