President Barack Obama will renew his push to spur investment in renewable energy projects that create jobs as a key part of his second-term strategy for tackling climate change, a top White House policy adviser said on Thursday.
This time around, though, Obama won't have the $90 billion in economic stimulus funds that his administration earlier pumped into clean energy and "green jobs" projects.[Fox Business]
1 comment:
We often wonder why BP appears to be so determined to hang on to a project in spite of all the evidence that it is increasingly unwelcome. It probably isn’t very complicated. They are watching developments in Washington to see how they go. If some initiatives move to their advantage they will continue to keep at it. If they come up empty with PTC extensions, national tax reform policy changes or carbon standards, they will pack it in. Because these developments in Washington will remain undecided or unclear for months to come, BP will delay pulling the trigger (actually filing an application) as long as possible. They are in no hurry until the smoke clears in Washington. The local tension they create by having their sword hanging over the town for years is of absolutely no concern to them.
Post a Comment