Here's Jay Reding:
The best analogy is the stock market: you’d be an idiot to hold all your money in one stock. Right now our portfolio is almost entirely based on oil, with a few alternative holdings. What we need is a diversified energy portfolio. Ethanol is one solution (although it’s economically inefficient, it’s politically popular). Biodiesel is one. Wind power is one. Hydroelectric power is another.UPDATE: Andrew Sullivan likes what he's reading.
But there’s one issue that could significantly impact America’s energy independence, and that’s nuclear energy. The GOP needs to get behind the policy of removing the governmental roadblocks to safe, clean nuclear energy. It’s fundamentally conservative in that it involves removing governmental barriers to private enterprise. It’s also environmentally conscious in that modern nuclear technologies produce minimal waste and product significant amounts of power. As this excellent book points out, there is a strong case that nuclear energy needs to be a key part of America’s 21st Century energy agenda.
There isn’t a “magic bullet” to fix all of our energy woes. Instead, the GOP needs to be aggressively pushing a package of reforms that includes expanding domestic sources of energy, pushing for more efficiency through tax credits and other incentives, and bolstering several different alternative energy sources and letting the market determine which ones work and which ones don’t.