Reforming Energy Policy for New Technologies

The focus should be on reforming energy policies to encourage investment in new technologies without picking winners. Instead of mandating specific technologies or offering huge subsidies, the approach should involve motivating an all-of-the-above strategy for improving fuel economy standards. This could include incentivizing innovations like electric vehicles, hybrids, as well as addressing issues such as vehicle weight. By promoting abundant, affordable, and reliable energy sources, the aim is to lead in oil, refined product, LNG exports, and new energy technology exports while avoiding a restrictive approach like technology bans.