Sen. Alexander proposes 'grand principles' for cheaper sustainable energy

Alexander said four basic principles could help “guide” the future of U.S. energy. He suggested that the United States promote cheaper not more expensive energy, such as natural gas, use clean not just renewable energy, such as nuclear, have research and development not government mandates, and allow the free market not government to pick winners and losers in the energy sector.

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Alexander suggested that the Department of Energy spend twice as much on research and development in order to allow the free market to work. He said currently $5 billion is spent a year.

“By imposing government mandates, government could force some innovation but I believe the surer path is to double the amount we spend … on research and expect the market place to produce better results,” Alexander said.

Alexander serves on the Senate Energy and Natural Resources Committee.