Posted January 23, 2015
This year, he acknowledged rising U.S. oil production and the benefits of cheap energy that have come with it, and then he made a backhanded reference to the Keystone XL pipeline.
In calling on both parties to support the infrastructure projects such as “modern ports, strong bridges, faster trains and faster internet,” he then encouraged lawmakers to pass a bipartisan infrastructure plan by saying: “So let’s set our sights higher than a single oil pipeline.”
Certainly, the Keystone pipeline has become a far greater political punching bag than a meaningful piece of infrastructure. Environmentalists have greatly exaggerated its role in climate change, and Republicans in Congress are now determined to push through legislation supporting it almost out of spite for the administration’s foot-dragging on a decision.
Posted September 24, 2013
Progress, Not Perfection, in Tackling Global energy Challenges: WEC Report
Breaking Energy: The US, which ranks at number 15 on the 2013 Energy Sustainability Index, is facing serious challenges to improving its place on the index, and more importantly, its energy sector investment outlook, because of policy uncertainty. The recent moves by the Obama Administration to regulate carbon emissions from coal-fired power plants are, despite the President’s good intentions, “the worst kind of thing that can happen” in energy policy design, Mark Robson said. “The value of … doing nothing has gone up.”
“It’s not enough for the policy to be good, it needs to be implemented well,” MacNaughton said, echoing Robson’s point. Companies can now expect a period of lobbying and litigation over the EPA carbon rule adjustment proposal that delays investment and corporate decision making still further in a country with a rapidly aging power sector, MacNaughton said.
Read more: http://bit.ly/18nRBZQ