Thursday, February 26, 2009

Obama budget proposes shift to green energy

President Barack Obama's first budget plan moves aggressively to tackle climate change and shift the nation from reliance on foreign oil to green energy. The proposed budget released Thursday by the White House would rely on $15 billion a year, beginning in 2012, from auctioning off carbon pollution permits to help develop clean-energy technologies, such as solar and wind power. But Congress has yet to write a bill that would regulate heat-trapping gases and collect that money. Across the government, Obama's commitment to dealing with climate change is apparent. There's more money at NASA for space-based monitoring of greenhouse gases, expanded support at the Energy Department for finding ways to economically capture carbon emissions from coal-burning power plants, and more money for the Interior Department to mitigate the impact of climate change on public lands and wildlife. The document also asks Congress to approve an additional $19 million for the Environmental Protection Agency to measure how much climate-related pollution industries are releasing...AP

1 comment:

Anonymous said...

I honestly don't mind Obama's plans... Sure they're costly, but you gotta admit he does have a knack for the nature: clean environment and steady climate is what he wants. It's something that affects all of us and is far more important than money and whatever indulgences people are focusing on.