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Obama: Oil Disaster "Most Painful And Powerful Reminder" That We Need Clean Energy

The president says the oil disaster "is the most painful and powerful reminder yet that the time to embrace a clean-energy future is now."

"I am happy to look at ... ideas and approaches from either party, as long they seriously tackle our addiction to fossil fuels," he said. "Some have suggested raising efficiency standards in our buildings like we did in our cars and trucks. Some believe we should set standards to ensure that more of our electricity comes from wind and solar power. Others wonder why the energy industry only spends a fraction of what the high-tech industry does on research and development, and want to rapidly boost our investments in such research and development.

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