I understand these things, trust me. This is one of the few things I agree with Obama on.
Now, if he'd just follow up with even more Nuclear power, domestic oil drilling, and *gasp* coal mining/power ALONG WITH the ideas of more green technologies like wind/solar/biofuels then we'd actually have a energy policy that is looking to the future.
And, coal and not the environmental lobbyist "clean coal" is definitely a way to get the US off foreign oil.
I'm all for the "clean coal" we do now where all coal power plants have to scrub all sulfur emissions out of their power generators (SOx that I mentioned above). THis actually creates more local businesses as the bi-product of this scrubbing is gypsum. Near every coal fired power plant you'll find dry wall plants taking their emission scrubbed gypsum to make drywall.
What I'm not talking about is the idea of carbon sequestering coal fired power plants. Do that and you shut them down due to the cost of doing it for minimal gain on the environment/emissions.
Edit: Side story about how the environmentalists have been killing one of the greatest biofuel ideas in the history of man. Yes, that's right, the EPA is killing a biofuel.
There is a technology out there that can turn ANY organic trash (food, plastics, wood, anything that is mostly carbons, hydrogens, and oxygens) and convert it into a liquid fuel similar to ethanol. Basically taking a great portion of our trash and converting it into liquid fuels. The process to do so involves superheating the trash with a specific catalyst to break it down. The EPA sees "trash" and "heating" in the same idea and believes its a trash incinerator and kills the idea because of the bad emissions from a trash incinerator.
However, while there is combustion involved, its indirect to the trash. There are some burners (typically natural gas, but can be liquid fuels) used to heat up the process, but the trash itself is never burned. Currently the company who came up with this process can not use the process for their intended use (what I described above) since the EPA makes it cost prohibitive due to their lack of knowledge on the process at hand. The company currently uses the process to turn wood into a liquid. This liquid is then used as a spray on a lot of our foods to add the "smoked" taste to it (read lunch meats like smoked turkey, smoked ham, etc).
Burger King also buys a spray from this company to "spray" on their grill lines on their hamburgers...sorry folks, hate to tell you but BK's burgers don't get their grill marks from a grill.
This is another unfortunate case where a technology exists to help our country in two ways, in landfill mitigation and in foreign oil consumption, but the EPA/environmental activists basically won't let it happen.