Fossil Fuels

In his 2011 State of the Union address, President Obama outlined his vision for an America powered by clean energy, traveling by High Speed Rail, and competing in global clean technology markets. Obama set out a clear principle: “[I]nstead of subsidising yesterday’s energy,” he implored, “let’s invest in tomorrow’s.”

Is the sun setting on our chance to move away from fossil fuels? Pic: Damian Shaw

Excellent idea Mr. President.

By choosing the future, not the past, President Obama has opened a fierce technology competition with China and Germany, to bring the cost of renewable energy down below gas, coal and nuclear.

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  • Jordan says:

    02:10pm | 30/11/11

    Is this article seriously trying to argue that the U.S. DoE programs are a proportionally more serious commitment to lowering carbon footprint than Australia’s carbon price? I’m sure the fossil fuel lobbies in the respective countries would agree. Also, if non-hydro renewables really are just about to reach lower costs… Read more »

  • James says:

    01:46pm | 30/11/11

    Peak oil production isn’t even a theory it is an observable fact, you can see it in the data put out by the “hippy love children” at the IEA, well known for their drum circles and wild over estimates of oil price. Read more »

 

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