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 toward economic revitalization to make concrete steps toward U.S. leadership in the global transition away from dirty fuel to clean, renewable energy.
In less than two weeks, leaders from the 20 wealthiest countries (the G20) will meet in Toronto to discuss global economic recovery and closely related matters such as climate change. Outstanding on their agenda — as proposed by Obama last September — is the elimination of fossil fuel subsidies.
Worldwide, developed countries spend up to $100 billion a year making oil, coal, and gas cheaper for energy... Read more