Obama energy proposal drills to fund clean fuel tech, jobs
President Obama leaves the White House Friday to speak in Chicago about his energy proposals.
March 15th, 2013
11:25 AM ET

Obama energy proposal drills to fund clean fuel tech, jobs

Washington (CNN) - With climate change as one of his administration's top priorities and the decision on the controversial Keystone pipeline expected at any time, President Obama takes his energy message to Chicago Friday.

The president is expected to press Congress to pass an energy proposal that the administration says would target two billion dollars over ten years to wean cars and trucks from fossil fuels to clean energy and create clean energy jobs.

The president announced his Energy Security Trust plan at his State of the Union address last month.

Friday Mr. Obama will lay out details of the plan as he speaks at the Argonne National Labs outside Chicago. White House officials told reporters on a conference call Thursday, the money to fund the alternative fuel research will come from increased royalties from oil and gas drilling and leasing on federal land.

The White House officials were quick to point out the administration does not plan to expand drilling areas especially on the Outer Continental Shelf but instead expect increased revenues due to streamlined leasing, increased production and upward price trends.

The Energy Security Trust would require an act of Congress but White House officials said they are encouraged by early bipartisan support.

The White House says this is just the latest in the president's "all above" energy approach. The Environmental Protection Agency Friday is expected to release a new report which the administration says underscores the progress made on the clean energy front including EPA estimates that CO2 emissions have decreased by 13% in the past five years and that fuel economy standards have increased by 16%.

Topics: Environment • EPA • President Obama
Obama's EPA draws praise, fire over new emission regulations
December 21st, 2011
02:42 PM ET

Obama's EPA draws praise, fire over new emission regulations

(CNN) – The Environmental Protection Agency has unveiled new federal standards on toxic pollutants and mercury emissions from coal power plants – a move being praised by environmentalists but criticized by others, who predict lost jobs and a strain on the nation’s power grid.

EPA Administrator Lisa Jackson, at an event at the Children’s National Medical Center in Washington, announced that for the first time U.S. coal and oil-fired power plant operators must limit their emissions of mercury and other hazardous air pollutants.

“I am glad to be here to mark the finalization of a clean air rule that has been 20 years in the making, and is now ready to start improving our health, protecting our children, and cleaning up our air,” said Administrator Jackson.  “Under the Clean Air Act these standards will require American power plants to put in place proven and widely available pollution control technologies to cut harmful emissions of mercury, arsenic, chromium, nickel, and acid gases. In and of itself, this is a great victory for public health, especially for the health of our children.”

Topics: EPA • President Obama • The News