From the article:
Carter faced a crisis from a combination of economic problems, failed policies of his predecessors and, finally, an Iranian revolution that cut access to some Middle Eastern oil.
Carter met the problems by starting sweeping oil-reduction reforms, including creation of the Cabinet-level Department of Energy.
He began spending millions of dollars researching alternative sources for electrical power, including solar power. He got utilities to cut their use of oil for electricity and ramp up their use of natural gas or coal.
“Up until Carter, we were getting about 20 percent of our electricity from oil generation,” said Jay Hakes, director of the Energy Information Administration under Carter and an authority on modern presidents and oil. “And post-Carter, it went down to about 3 percent.”
Carter insisted that U.S. automakers build more fuel-efficient cars, with a goal of 27.5 miles per gallon over the following decade – a requirement passed under Gerald Ford but put into force by Carter.
He offered incentives for getting oil from shale, creating a boom initially in the Rockies – and a bust when it failed to be cost-effective. He offered deductions for using solar water heaters in homes and commercial buildings.
“People in the upper-income bracket were always looking for tax cuts. They were going to build a house anyhow, so they were saying, ‘Well let’s look at this solar stuff and see what we can do,’ ” said Marc Giaccardo, a professor at the University of Texas at San Antonio who at the time was an Albuquerque architect.
Carter even had solar collectors installed on the White House grounds to heat the executive residence’s water.
Then Carter lost re-election to Ronald Reagan in 1980. The so lar panels at the White House eventually came down – and Reagan and his aides gutted the solar research program.
“In June or July of 1981, on the bleakest day of my professional life, they descended on the Solar Energy Research Institute, fired about half of our staff and all of our contractors, including two people who went on to win Nobel prizes in other fields, and reduced our $ 130 million budget by $ 100 million,” recalls Denis Hayes, the founder of Earth Day, who had been hired by Carter to spearhead the solar initiative.
Reagan and Congress stopped aggressively pushing new auto efficiency standards, acceding to Detroit’s desire to leave them at Carter-era levels. They let the solar tax benefit expire, and the nascent solar industry went belly- up.
It was time to let the markets work their magic and stop all this government tinkering, Reagan and conservatives said.
AND LOOK WHERE WE ARE NOW WITH ALL THIS ‘WORKING IT’S MAGIC’ BS?’
2 minutes ago
Following His Word:
I just fell over myself trying to block you.
Your logic sucks.
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