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Monday, October 24, 2016

In his State of the Union speech, President Obama called on Congress to pass a market-based solution to climate change. The president followed up that request with a promise.

“But if Congress won’t act soon to protect future generations, I will,” he said. “I will direct my cabinet to come up with executive actions we can take, now and in the future, to reduce pollution, prepare our communities for the consequences of climate change, and speed the transition to more sustainable sources of energy.”

He is now following through on that promise. Using the National Environmental Policy Act, signed into law by President Richard Nixon in 1970, Obama will direct federal agencies to assess the impact projects like pipelines and highways will have on climate change before granting approval.

At Argonne National Laboratory near Chicago on Friday, the president tied innovation necessary to fight climate change to growing the economy and breaking the cycle of escalating gas prices.

He also called for the creation of an “Energy Security Trust” to research alternatives to gasoline. Using increased revenue expected from the permitting and production of oil and gas production in the Gulf of Mexico, the fund would disperse $2 billion over 10 years. The White House shared an infographic that makes the case for the trust.

The idea for the trust came from a group of corporate chief executives and former military officers. But unlike regulation, this fund will require Congress’ cooperation.

“For this proposal to even be plausible, oil and gas leasing on federal land would need to increase dramatically,” Brendan Buck, a spokesman for Republican House Speaker John Boehner, told Reuters. “Unfortunately, this administration has consistently slowed, delayed, and blocked American energy production.”

A recent government report found that carbon emissions are increasing at a pace that is faster than the worst-case scenarios given to world leaders. Scientists say the planet is now hotter than it has been for more than 11,300 years. And it’s only getting hotter.

Needless to say, businesses are highly concerned about the threat of new regulation — even though the new standards will not be released for several weeks and some agencies already factor climate change impact in their assessments. The new regulations will be “across the board,” likely requiring regular lifecycle reviews on projects like the Keystone pipeline and drilling for oil or gas on federal lands.

“It’s got us very freaked out,” Ross Eisenberg, vice president of the National Association of Manufacturers, told Bloomberg News.

Environmentalists, on the other hand, are pleased. “Agencies do a pretty poor job of looking at climate change impacts,” said Rebecca Judd, a legislative counsel at the environmental legal group Earthjustice in Washington. “A thorough guidance would help alleviate that.”

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Copyright 2013 The National Memo
  • nobsartist

    These are all great ideas.

    Too bad they are 5 years too late. Those jobs created would have actually created something instead of the paper shuffling jobs that he has concentrated on saving so far.

    One problem is, all of this is still dependent on the banks managing the money.

    • You back smoking that weed again? Just more dumb comments. When are you going to make a comment about something you know something about?? Or is there anything you know something about?? I haven’t seen a comment from you that makes one ounce of sense.

      • nobsartist

        Where is your mommy dumbass? Does she know you are “typing on the idiot box” again, dummy?

    • RobertCHastings

      Yeah, five years ago, shrub could have done what Obama is doing now. Too bad the Republicans couldn’t figure that one out, and too bad you can’t, either. You’re right that this should have happened five years ago, in 2008, while W was still president.

  • suddencall

    Obama needs to organize the world nations and cap Oil and Gasoline and STOP nuclear proliferation , even if it has to be done militarily. It is foolish to leave such important policy to the desecration of foreign industries.Five years of wasted progress is not what the world needs.

  • luschnig

    What critics of Obama ignore is the fierce push-back he’s gotten from Republicans that has been materially augmented by skeptics on the far Left. Nonetheless, he has accomplished a great deal already by significantly increasing electricity from renewal sources and doubling CAFE standards with the cooperation of all the stake holders. Obama deserves better from his non-right wing critics, perhaps even praise.

  • Even Republican spokesman learn how to lie: Boehner’s spokesman said: “Unfortunately, this administration has consistently slowed, delayed and blocked American energy production”. What poppycock!! Here’s a few news tidbits that show what Boehner’s spokesman said is a blatant lie:

    . “U.S. oil production grew more in 2012 than in any year in the history of the domestic
    industry, which began in 1859,” writes Tom Fowler of The Wall Street Journal.

    . The rise in domestic energy-production has already shaved $175 billion off our annual
    import bill compared with five years ago, according to energy analyst Daniel Yergin.

    . Growth in America’s energy output since 2008 has surpassed that of any other country in the world, according to energy analyst Daniel Yergin.

    . According to Enerdata, the U.S. consumed less total energy in 2011 than it did in 2000.

    It’s clear that the Obama administration has openned up and promoted far more drilling for both oil and gas than any president in recent history, and quite likely in all of American history. Guess all the GOP knows how to do is lie about everything.

    • nobsartist

      You are a dumbass that knows nothing of history.

      Keep up the stupid comments asshole.

      • RobertCHastings

        If you feel that you can legitimatley dispute the preceding comments, by all means do so. If you can’t, shut the fuck up, asshole.