Unlocking Progress on Climate Change
The landslide election of progressives to the White House and Congress last November has ushered in a new energy era in American politics. President Obama set the stage for this shift last year when he tied energy policy to economics on the campaign trail, promising to move away from fossil-fuel reliance towards clean sources of energy to promote economic growth and job creation.
After less than six months in office, President Obama has already begun to make good on these promises. A list of the Administration’s achievements – one that is not exhaustive – includes strict new fuel efficiency standards for cars, a directive that allows the Enviromental Protection Agency to independently regulate CO2 emissions, several productive meetings of the Major Economies Forum to encourage direct conversations among the world’s major carbon emitters, and a $90bn clean energy investment in February’s massive stimulus bill.
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