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Posts tagged Obama
How a Climate-Energy Bill Benefits Everybody’s Bottom Line
Apr 12th
Posted on April 9, 2010
Some argued the nation would crumble under Barack Obama’s leadership, whereas it has endured the disaster left behind by the previous President and has even begun showing signs of a new flourishing. The same folks argued that passage of the health insurance reform bill would bring on utter collapse, whereas the sky remains as intact as the insurance coverage of children with pre-existing conditions. The same rabble-rousers will soon begin arguing that a climate and energy bill will break the nation and drive utility ratepayers into a budgetary corner.
The Union of Concerned Scientists (UCS) begs to differ. Basing More >
TRANSCRIPT: Obama on Energy, FEB 16 @ IBEW
Feb 16th
THE WHITE HOUSE
Office of the Press Secretary
_________________________________________________________________________________________________
For Immediate Release February 16, 2010
REMARKS BY THE PRESIDENT
ON ENERGY
IBEW Local 26
Lanham, Maryland
11:05 A.M. EST
THE PRESIDENT: Thank you, everybody. Thank you. Please have a seat. Have a seat. Good morning, everybody. Before I begin let me just acknowledge some of the people who are standing behind me here: First of all, two people who have been working really hard to make this day happen — Secretary Steven Chu, my Energy Secretary — Steven Chu. (Applause.) And my White House advisor on everything having to do with energy, Carol Browner. (Applause.)
I want to acknowledge the More >
White House Budget Suggests Abandonment of Cap and Trade
Feb 1st
February 1, 2010
The fact that the White House is not including projected revenues from cap and trade suggests that the Obama Administration is acquiescing to the notion that Congress may not pass such legislation, observers say.
Last year the Obama Administration projected that cap and trade would provide $646 billion in revenues from 2012-2019, but those numbers do not appear in the new budget, reportsReuters.
Instead, the White House budget includes a “placeholder” for revenues from cap and trade, provided that Congress passes it, reports the New York Times. The placeholder status assumes that no cap and trade revenues will be coming into the Treasury.
The More >
HOW BIG OIL AND BIG COAL MOUNTED ONE OF THE MOST AGGRESSIVE LOBBYING CAMPAIGNS IN HISTORY TO BLOCK PROGRESS ON GLOBAL WARMING
Jan 11th
Rolling Stone
January 6, 2010
This was supposed to be the transformative moment on global warming, the tipping point when America proved to the world that capitalism has a conscience, that we take the fate of the planet seriously. According to the script, Congress would pass a landmark bill committing the U.S. to deep cuts in carbon emissions. President Obama would then arrive in Copenhagen for the international climate summit, armed with the moral and political capital he needed to challenge the rest of the world to do the same. After all, wasn’t this the kind of bold move the Norwegians were More >
