Energy And Environment Update -- February 26, 2012


In This Issue:

  • Energy and Climate Debate
  • Congress
  • Administration
  • Department of Agriculture
  • Department of Defense
  • Department of Energy
  • Department of Interior
  • Department of Treasury
  • Environmental Protection Agency
  • Federal Energy Regulatory Commission
  • Federal Trade Commission
  • States
  • International
  • Miscellaneous

Excerpt from Energy and Climate Debate

With Congress in recess for the Presidents’ Day holiday, the Administration made energy issues one of its top priorities last week, reiterating the president’s call for an all of the above strategy to energy policy.

Speaking to college students in Miami February 23, President Obama criticized the pro-drilling approach of Republicans and the reluctance of the oil and gas industry to give up $4 billion a year in tax breaks, which the president has called for zeroing out in his fiscal year 2013 budget request. With the election year heating up, and the administration facing the blame for high gas prices, President Obama last week acknowledged that prices are rising faster and earlier this year than ever before, and that the sticker shock people feel at the pump is another reminder of why developing clean, alternative energy sources is critical.

Taking the opportunity to tour the University of Miami’s Industrial Assessment Center, where students are trained as industrial energy efficiency experts to help manufacturers reduce energy costs and which receives funding from the Department of Energy, the president downplayed the possibility of any quick fix, but called again on Congress to pass clean energy tax credits.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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