Richardson Book Makes Compelling Case

08/25/07 - 10:06 AM EDT

John Fout

I just finished an advance copy of New Mexico Gov. and Democratic presidential candidate Bill Richardson's book: Leading by Example: How We Can Inspire an Energy and Security Revolution, which will be in stores on Nov. 2. The strength of this book could boost his candidacy, but any benefit may come too late.

In the book, Richardson lays out a plan to change America's future based on a holistic energy policy. He understands energy policy relates to our economy and our national defense.

Richardson calls for a plan similar to JFK's race to put a man on the moon. His 10-year plan calls for leadership, investment and some sacrifice from everyone, with a final result that will be a better America.

He has the credibility after serving as a congressman for 15 years, a U.N. ambassador for three years, Secretary of Energy for three years, and governor of New Mexico for five years (which he enjoys describing as a clean energy state).

Richardson's book has five goals to follow in order to create an energy and security revolution:

1) By 2020, reduce U.S. oil dependence by 50%;

2) Increase efficiency and renewables in the electricity and natural gas markets;

3) Reduce greenhouse gas emissions by 20% (probably 30%) by 2020, 50% by 2030, 80% by 2040, and 90% by 2050;

4) Nurture and invest in science and technology, and;

5) Lead by example.

« Previous Page
1 2
Your Recent Quotes: Quote Up0 | Quote Down0
Dow S&P 500 NASDAQ
Oil*
Gold
10 Yr
0.00%
%
%
%
Data delayed 20 min
Free Newsletters from TheStreet

Cramer's Daily Booyah!
Highlights of Jim Cramer's videos
on TheStreet.com TV & his
"Mad Money" TV show.
Before the Bell
All the information you
need to position yourself
for the day ahead.
Submit
We respect your privacy.

Premium Stock Ideas
Access Action Alerts Plus to find out Cramer’s latest picks now!