We can still cap carbon, but that needn't be at the top of the agenda that we communicate to voters.

Energy is a sector of the economy that has been particularly resistant to innovation. This is precisely the problem. It is why we are still dependant on energy sources that are 100 to 150 years old while virtually every other sector of the economy has transformed itself. This is why we believe that the faith that many environmentalists still hold that carbon regulations and taxes will drive sufficient private sector investment into energy markets to create the kind of innovation we need is unfounded.

Environmentalism has become a special interest, incapable of addressing large, complex, and global problems such as global warming.

As social values shifted through the '80s and '90s, as modern conservatism rose to power, and as the electorate became a good deal more skeptical of both government and environmentalists, these strategies, and the institutions that were created to prosecute them, foundered.

Making big investments to get off oil, making clean energy alternatives widely available and cheap, and creating millions of new jobs in clean energy industries is a winner with American voters and can carry the whole suite of policies that we need to address global warming.

It is worth noting that virtually every alternative energy source we have - solar, wind, nuclear, and battery and fuel cell technologies for storage - resulted from public innovation and R&D, not private. The problem is that we haven't done enough of it, and we have done it inconsistently.

The levels of technology investment in the energy sciences pales compared to the kinds of investment we make in the computer and bio-sciences.