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Harsher energy regulations coming in Obama’s second term
Secretary of Energy Steven Chu (left) meeting with President Barack Obama (Photo credit: Wikipedia)
Energy companies likely will see more regulation in President Barack Obama’s second term, with less access to federal lands and water even as the administration promotes energy independence.
With a pledge to cut oil imports by half by 2020, Obama during the campaign advocated what he called an “all of the above” approach to developing a range of domestic energy sources. He said, however, that he would roll back subsidies for oil companies and reduce the nation’s reliance on oil by mandating production of more fuel-efficient vehicles.
2012-11-07 16:40:14
Source: http://climatechangedispatch.com/home/10712-harsher-energy-regulations-coming-in-obamas-second-term
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