Obama Announces Actions On Renewable Energy

Posted by Joseph R. Fonseca
Friday, May 09, 2014
President Barack Obama

 

President Barack Obama announced steps on Friday to increase the use of solar panels, boost energy efficiency in federal buildings and train more people to work in the renewable energy field.

"It's the right thing to do for the planet," Obama said, standing in the outdoor lighting display section of a WalMart store that features roof-top solar panels and a charging station for electric vehicles, among other energy-saving retrofits.

The president used the stop to show how major corporations have committed to increasing the generation of solar power at their facilities. Wal-Mart Stores Inc, Apple Inc , Yahoo Inc, Google Inc and Ikea were among the companies that have made such commitments.

Obama made the announcement at the end of a three-day California swing mostly devoted to raising hundreds of thousands of dollars for the Democratic Party.

The president and administration officials have spent much of this week highlighting their concern about climate change and the need to take steps to address the change. Friday's announcement fit into that policy agenda.

"The sooner we work together to adapt the economy to this reality of climate change, the more likely it is that we do right by our kids, and leave a more stable world," Obama said at what the chief executive officer of Walmart U.S., Bill Simon, said was the first visit by a sitting U.S. president to one of his stores.

Obama said an additional $2 billion would be devoted to energy efficiency upgrades to federal government buildings over the next three years.

Several financial institutions, including Citigroup Inc and Goldman Sachs Group Inc, were announcing new plans for "large scale investment and innovative programs" to develop solar and renewable energy installations, the White House said.

Obama's executive actions would support efforts at community colleges so that 50,000 workers would join the solar industry by 2020, it said.

"Investing in solar and efficiency makes sense to reduce our carbon emissions, but also for our pocketbooks and for our economy," Dan Utech, an energy adviser to Obama, said during a conference call on Thursday to preview Obama's announcement.

He said the U.S. solar energy industry had expanded dramatically under Obama's watch, with installations increasing to an amount enough to power more than 2 million homes.

An Obama spokesman also announced the completion of a project to install solar panels at the White House itself. The panels were American-made and part of an energy retrofit that would improve the building's energy efficiency.

"The project, which helps demonstrate that historic buildings can incorporate solar energy and energy efficiency upgrades, is estimated to pay for itself in energy savings over the next eight years," spokesman Matt Lehrich said.

Solar panels at the White House are not entirely new. Obama promised in 2010 to put solar panels on the White House roof. Former Democratic President Jimmy Carter had put up solar panels in 1979, during an oil crisis, but Ronald Reagan, his Republican successor, removed them during repairs.

(Additional reporting by Jeff Mason in Washington; Editing by Leslie Adler)

Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

Venezuela Probes ex-minister accused of corruption in Ferry Deals

A former minister in President Nicolas Maduro's government denied in an interview published on Friday accusations of corruption during the purchase of three

Oil Price Shock Soon to be Positive Overall for Canada

Canada's economy will start to show more positive effects from the drop in oil prices than negatives from the second quarter onwards, Bank of Canada Governor Stephen Poloz said on Friday.

Total Eyes Sale of its Fuel Retailing Business in Turkey

Total aims to exit its fuel distribution business in Turkey and has asked Societe Generale to lead the sale, sources said on Friday, as the French oil producer

Energy

Four Petrobras Platforms Halt Output Due to Oil Leak

Four Petrobras oil platforms off the northeast coast of Brazil have halted production after a leak of about 7,000 liters of oil was detected coming from a pipeline linking them,

Oil Price Shock Soon to be Positive Overall for Canada

Canada's economy will start to show more positive effects from the drop in oil prices than negatives from the second quarter onwards, Bank of Canada Governor Stephen Poloz said on Friday.

Total Eyes Sale of its Fuel Retailing Business in Turkey

Total aims to exit its fuel distribution business in Turkey and has asked Societe Generale to lead the sale, sources said on Friday, as the French oil producer

News

Venezuela Probes ex-minister accused of corruption in Ferry Deals

A former minister in President Nicolas Maduro's government denied in an interview published on Friday accusations of corruption during the purchase of three

Two Rescued from Sinking Shrimp Boat

Two fishermen were rescued from their sinking shrimp boat by a U.S. Coast Guard aircrew Friday off the coast of Saint Simons Island near Brunswic, Georgia.   Watchstanders

IMO: Making Ferries Safer

The International Maritime Organization (IMO) domestic ferry safety conference in Manila April 24 has adopted guidelines to aid the process of reducing the mounting

 
 
Maritime Contracts Maritime Standards Navigation Offshore Oil Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1879 sec (5 req/sec)