In a new endorsement interview with the Des Moines Register released Wednesday, President Barack Obama argues that a combination of green energy and natural gas development has produced Iowa jobs and will drive economic recovery in the battleground state.
Obama's comments don't reveal new proposals. But they show his belief that Iowans will respond positively to the energy policies that have been attacked by Republican challenger Mitt Romney as a waste of taxpayer money and a roadblock to domestic fossil fuel production.
In their final debate Monday night, President Barack Obama was unmistakably on offense, but offered few new energy policy details. Mitt Romney, on the other hand, was decidedly muted in tone but offered new insights on his plans for clean energy investment and sanctioning Iran's oil industry.
Romney made some news during a defense of his 2008 call for the Big Three automakers to go through bankruptcy without a taxpayer bailout, saying he opposes "investing" in energy sector companies. Such a position would rule out future loan guarantees.
In the final presidential debate, Republican presidential challenger Mitt Romney declared Monday night he would oppose direct government investments in clean energy and other private companies, his most forceful response yet to the Solyndra bankruptcy that cast a shadow over federal loan guarantees.
Drawing contrasts with President Barack Obama, Romney suggested his support for clean energy support would be limited to technology research and not aiding specific companies. "We're going to have to have a president, however, that doesn't think that somehow the government investing in car companies like Tesla and Fisker, making electric battery cars, this is not research, Mr. President," Romney said.
Responding to attacks that President Obama has failed to give proper attention to climate change, the Obama campaign sent an email to environmental groups noting the instances that the president has addressed the issue, The Hill reports.
The third and final debate between President Barack Obama and challenger Mitt Romney on Monday night is being billed as a foreign policy discussion, which seems natural to cause a tussle over global oil supplies and U.S. foreign oil dependence.
But with Romney focused in recent days on the attack on the U.S. consulate in Benghazi, Libya, and Obama ready to tout his record of ending the wars in Iran and Afghanistan and killing of Osama bin Laden, watch for energy to play at best a supporting role to bigger arguments.
Republicans may be joining the ranks of Democrats in calling for cuts to oil subsidies after the election, Politico reports. House Energy and Commerce Chairman Rep. Fred Upton, R-Mich., most notably argued that the subsidies should be eliminated completely.
In its endorsement of President Obama published Friday, The Denver Post bashed Mitt Romney's energy plan, saying that it "runs counter to the predominant view in Colorado, which is one that balances energy and environment."
Dominion Resources has filed papers with the Federal Energy Regulatory Commission, asking for a start to the review process for the proposed 550-mile natural gas Atlantic Coast Pipeline, The Associated Press reports.
Federal agencies have reduced their greenhouse gas emissions 17 percent compared to levels in 2008, according to the White House Council on Environmental Quality, but they also remain vulnerable to the effects of climate change in different ways, National Journal reports.
As part of their fight to become the top-ranking Democrat on the House Energy and Commerce Committee, Rep. Frank Pallone of New Jersey and Rep Anna Eshoo of California have raised and distributed more than $1.2 million to their colleagues during this election cycle, National Journal reports.
Scientists at the National Institute of Standards and Technology and the National Oceanic and Atmospheric Administration are working on a technique using lasers that would more accurately measure greenhouse gas concentrations, E&E reports.
News of production increases in the U.S. and among OPEC members weighed on oil prices Friday. West Texas Intermediate crude for December delivery finished the Nymex session down 58 cents to $80.54 a barrel, a drop of 12 percent over the whole of October, while in London Brent lost 38 cents to settle at $85.86, Bloomberg reports.
Increased demand is leading SolarWorld Americas to spend $10 million expanding its solar modules plant, and the company announced it will be hiring 200 additional workers as well, The New York Times reports.
To encourage the development of advanced nuclear reactors – anticipated to be more efficient – the Department of Energy is spending $13 million to help major companies including AREVA, GE Hitachi and Westinghouse in their research of the technology, The Hill reports.