Photo: The White HouseTonight, President Obama addresses the nation to talk about how his administration will hold BP accountable for the damages incurred by what has become the worst oil spill in U.S. history, and how he plans to reregulate the oil industry. The American public will be looking for bold action. Obama has a golden opportunity to show the growing ranks of disappointed progressives and moderates that his administration is about changing politics as usual -- if he and his advisors have the political courage to seize the moment. Obama must harness the public outrage at BP and momentum …
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Janet Redman is co-director of the Sustainable Energy and Economy Network at the Institute for Policy Studies where she provides analysis of the international financial institutions' energy investment and carbon finance activities.