Barack Obama’s Energy Plan
A new report published by Energy Business Reports, “Understanding Barack Obama’s Energy Plan” examines the proposed energy policies of the new White House administration.
In his New Energy for America plan, Obama proposes to reduce overall U.S. oil consumption by at least 35%, or 10 million barrels per day, by 2030 in order to offset imports from OPEC nations. Obama voted in favor of the Energy Policy Act of 2005, which provided incentives (chiefly tax breaks) to reduce national consumption of energy and to encourage a wide range of alternative energy sources. It also resulted in a net tax increase on oil companies.
This report takes a look at what energy changes Obama has in store for the United States of America.
View Details of This Report
Other Topics covered in this report include: Investing in a Clean Energy Economy; and Strengthening Oil Security and Ensuring Energy Independence; Increasing the Availability of Renewable Fuels; and Investing in the Smart Grid.
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