On the day following the elections, President Obama urged policymakers not to forget about climate change. While he ideally would like to get help from the Congress in enacting legislation aimed at curtailing greenhouse gas emissions, he seems willing to let EPA do the heavy lifting in the absence of Congressional action. He is also looking to the states that the United States citizenry does not want to have done collectively.
In his post-election press conference last Wednesday, November 3, 2010, the president gave some clues about what his future aspirations are for a climate/energy policy. It was most obvious in his response to a question put to him by the Wall Street Journal’s Laura Meckler, and indicates that his Dream Green Team playbook is still alive and well.
Question:
…Thank you, Mr.
Barring the trickery of a lame duck conference committee, cap-and-trade is dead in the 111th Congress. Some blame President Obama for not taking a more hands-on role. Others blame environmental groups for waging a $100 million lobbying campaign without winning a single GOP convert to the Kerry-Lieberman bill. Others blame the allegedly “well-funded denial machine,” even though proponents, who include major corporations like BP as well as Big Green, must have outspent free-market and conservative advocacy groups by more than 100 to 1.
The August 11 edition of Climatewire (subscription required) featured interviews with Exelon Corp. VP Betsy Moler and Resources for the Future President Phil Sharp, who lament that Republican lawmakers, the “inventors” of “market-based” environmental policy, turned against their own “invention.” Moler and Sharp are trying to spin GOP opposition to cap-and-trade as self-contradictory, hence as unstable, hence as reversible. …
According to USA Today, the energy elements of Obama’s “stimulus” package add up to about $58 billion. He’d use $32 billion to fund a smart electricity grid;$20 billion for Renewable energy tax cuts and a tax credit for research on energy efficiency and clean energy, plus a multiyear extension of the green energy production tax credit; and $6 billion to weatherize modest-income homes.
There’s not all bad here.…
