We will review and remove the obstacles that prevent business from investing in energy-efficient technologies, like the combined heat and power system I toured this morning. Conservation does not mean doing without. Thanks to new technology, it can mean doing better and smarter and cheaper. Innovation helps us all make better choices. Smart electric meters can tell homeowners how they're using power and how they might reduce their monthly electric bill.
Sensors can turn off lights when people leave a room.
And innovation is bringing us transmission wires that waste less of the electricity they carry from plant to home or to office. Outdated buildings and factories have to be upgraded or replaced to consume less and pollute less. Wise regulation and American innovation will make this country the world's leader in energy efficiency and conservation in the 21st century. Our goal is to use less additional energy to fuel more economic growth. And I know we can do so.