ELECTION OF BARACK OBAMA AS PRESIDENT HERALDS MAJOR OVERHAUL OF US ENERGY POLICY
November 1st, 2008
BY RUSSELL BERMAN
THE US president-elect, Barack Obama, will take office later this month (Jan 20) having promised sweeping changes to America's energy policy. This includes aggressive regulations on carbon emissions to combat climate change and substantially increased government funding for alternative energy with the aim of creating a new "green" sector of the American economy devoted to the development of renewable energy, energy efficiency, clean coal and other sources. Mr Obama pledged throughout his presidential campaign that a revamped energy ...
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