Real Change, by Rep. Newt Gingrich (R, GA): on Energy & Oil


Newt Gingrich: Billion-dollar prize for first mass-produced hydrogen car

The America that works focuses on inventing a better future and knows that customers will rapidly switch to a better solution. The same will be true for a new energy strategy. We need very large prizes for fundamental breakthroughs. There ought to be a billion-dollar tax-free prize for the first hydrogen car that can be mass-produced for a reasonable price. Hydrogen has to be the ultimate basis for a truly bold energy program because it has no environmental impact and it is universally available as a natural resource. Therefore it would have huge appeal to China and India if it were commercially competitive in price. American technologies for hydrogen vehicles might be one of the biggest economic winners of the next generation.

There should be a substantial tax break for investing in both ethanol and hydrogen supply stations and hydrogen pipelines so the fuel can be delivered when the automobiles are available at a reasonable cost.

Source: Real Change, by Newt Gingrich, p.203 Dec 18, 2007

Newt Gingrich: 2008 book: Drill Here, Drill Now, Pay Less

In 2008, American Solutions launched an online petition drive to demand Congress lift the 25-year-old moratorium on new offshore drilling. We collected 1.5 million signatures. Our effort sparked a nationwide grassroots rebellion that resulted in Congress allowing the moratorium to expire.

I wrote a book in fall 2008 called "Drill Here, Drill Now, Pay Less," describing America's vast energy potential and explain how misguided government policies have prevented us from becoming an energy powerhouse.

Source: Real Change, by Newt Gingrich, p.205-206 Dec 18, 2007

  • The above quotations are from Real Change:
    From the World that Fails to the World that Works    , by Former Speaker of the House Newt Gingrich.
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