It’s been five years since U.S. Sen. Lamar Alexander called for a new Manhattan Project for energy independence, and during a Wednesday update, the senator said four “grand principles” should guide America’s energy policy.

The senator said his principles—which include research and development, free market forces, and cheaper, clean energy—would “end an obsession with taxpayer subsidies and strategies for expensive energy.” They would instead focus on “doubling research and allowing marketplace solutions to create an abundance of clean, cheap, reliable energy,” Alexander said during a Wednesday afternoon speech at the Tennessee Valley Corridor Summit in Oak Ridge.

The senator called for doubling research funding and ending long-term subsidies for “big oil” and “big wind.” [Read more…]