economy
Environmental and energy issues became one of the central issues of the 2008 U.S. presidential election. While the economy itself took center stage, energy issues were right behind it, being pushed by the insufferable chant of “Drill baby drill.” In the four years that have followed, the U.S. has seen a boom in hydraulic fracturing (fracking), the worst oil spill in our history, skyrocketing (and then plummeting) gas prices, a disastrous oil pipeline plan that threatens the safety of our aquifers, and a Republican-led assault on environmental safety standards.
Government financing and new tax incentives are part of a new plan that President Obama announced today to make buildings more energy efficient. The plan is seen as a way to encourage job growth in addition to reducing energy costs.
In 2006, California Governor Arnold Schwarzenegger signed into law the Global Warming Solutions Act of 2006 (AB 32) – one of the first and most comprehensive climate change laws passed in America. But today, a new measure to appear on California’s ballot in November seeks to remove the protections put in place four years ago.
President Obama has signed a bill which will reduce the amount of federal funding offered to renewable energy.
According to a new report released this week by the non-partisan Congressional Budget Office (CBO), the American Power Act, if passed, would reduce the federal deficit by as much as $19 billion over the next decade.
The American Power Act, unveiled by Senators John Kerry and Joe Lieberman less than a month ago, is already fighting for its political life.
At a time when unemployment rates are still at record highs, a new report shows that The American Power Act in its current form could create as many as 200,000 new jobs in America.





