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."
Federal agencies would have to assess the impact projects would have on climate change as part of their reviews under the National Environmental Policy Act, under draft guidelines the White House released Thursday, National Journal reports.
Rep. Jason Chaffetz, R-Utah and the next chairman of the House Oversight Committee, says Rep. Cynthia Lummis, R-Wyo., will head up a new subcommittee charged with monitoring Obama administration environment and energy policies, The Hill reports.
In the Texas legislature, Rep. Phil King has introduced measures that would require local fracking bans to get approval from the state Attorney General, with communities having to bankroll impact studies and reimburse lost tax revenue, FuelFix reports.
The slump in oil prices resumed Thursday, with analysts predicting they could go even lower. U.S. benchmark crude for January delivery dropped $2.36 to settle at $54.11 a barrel on the Nymex, while in London February Brent was back under $60, finishing $1.91 down at $59.27, Reuters reports.
Shell’s decision on whether to proceed with Arctic drilling, expected sometime between now and March, will likely be made more on the basis of court rulings and government reviews rather than oil prices, officials have told Platts.
The National Hockey League has a big climate change goal for its current season: To work with Constellation, an energy services firm, to cut carbon emissions and offset the rest in order to achieve carbon neutrality, National Journal reports.
Bhavesh V. “Bob” Patel – a vice president in LyondellBasell’s international manufacturing operations, will take over as chief executive officer of the chemical company when James Gallogly retires on Jan. 12, FuelFix reports.
Jon Carson, ex-Obama campaign strategist, will be helping SolarCity to find creative ways of persuading people to put solar panels on their roofs, instead of relying on traditional advertising, The Washington Post reports.