Obama’s Clean Energy Agenda on Track

Resource Intelligence reported on President Obama’s recent agenda on clean energy.

The market news is quoted as saying:

President Obama made global warming one of the main planks in his election platform. Included in his Clean Energy Agenda were pledges to eliminate oil imports from the Middle East and Venezuela within a decade and to slash his country’s carbon dioxide emissions by more than 30 per cent by the year 2020.

Lithium batteries could be part of the answer to increasingly expensive oil, energy dependence on foreign suppliers and global warming. Now, with the big push to renewable energy and far less reliance on fossil fuels, a market is starting to develop in the United States for more advanced batteries. This, combined with loan guarantees, will act as an incentive that could very well jumpstart the advanced battery industry in the US.”

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