Obama energy proposal drills to fund clean fuel tech, jobs
March 15th, 2013
10:16 AM ET
2 years ago

Obama energy proposal drills to fund clean fuel tech, jobs

Washington (CNN) – With climate change as one of his administration's top priorities and the decision on the controversial Keystone pipeline expected at any time, President Obama took his energy message to Chicago Friday.

The president pressed Congress to pass an energy proposal that the administration says would target two billion dollars over ten years to wean cars and trucks from fossil fuels to clean energy and create clean energy jobs.

"Right now, few areas hold more promise for creating good jobs and growing our economy than how we use energy, Obama told a crowd numbering 400 at the Argonne National Labs outside Chicago. The crowd was largely made up of engineers and scientists employed at by the federally-funded laboratory.

Speaking in front of three hybrid vehicles manufactured by Honda, Chevrolet, and Ford respectively, Obama pledged that the money to fund the alternative fuel research will come from increased royalties from oil and gas drilling and leasing on federal land.

The president first announced his Energy Security Trust plan at his State of the Union address last month.

"This is not a Republican idea or a Democrat idea. It's a smart idea, Obama said, noting the proposal was first introduced by a coalition of individuals that included business CEOs and former members of the military."

"We can support American ingenuity without adding a dime to our budget," he added.

White House officials were quick to point out the administration does not plan to expand drilling areas especially on the Outer Continental Shelf but instead expect increased revenues due to streamlined leasing, increased production and upward price trends.

The Energy Security Trust would require an act of Congress but White House officials said they are encouraged by early bipartisan support.

The speech followed a tour of a sprawling laboratory that included stops at a thermal test chamber and at prototype hybrid engine. He also met with longtime engineers at the facility. Obama later joked he had hoped he'd come out of the thermal chamber "looking like the Hulk."

Obama also took the opportunity to rail against the so-called sequester, warning that new research projects at laboratories like Argonne would be halted for at least two years if the cuts are allowed to continue.

"Imagine what that means when China, and Germany, and Japan are all continuing to plump up their research and we are just sitting there doing nothing," he said.

The White House says this is just the latest in the president's "all above" energy approach. The Environmental Protection Agency Friday is expected to release a new report which the administration says underscores the progress made on the clean energy front including EPA estimates that CO2 emissions have decreased by 13% in the past five years and that fuel economy standards have increased by 16%.


Filed under: Energy • Illinois • President Obama
soundoff (10 Responses)
  1. S.B. Stein E.B. NJ

    We need to be the leader in advancing energy creation (well, new ways to use the non-fossil fuel energy). There needs to be the realization that just because we still have oil & coal doesn't mean that we should use them until we are out of them. They are affecting the planet. We can't use them in space where we need to explore for more resources. These new advances will allow the US to determine the fate of the planet and humanity in general.

    March 15, 2013 10:36 am at 10:36 am |
  2. Sniffit

    Brilliant. You asked for rope, GOPers/Teatrolls? Here ya go....don't rush to hang yourselves now...draw it out a bit to make it more entertaining.

    /popcorn

    March 15, 2013 10:38 am at 10:38 am |
  3. FIRST!

    Did you know that a model A Ford got 22 miles to the gallon. Which is right about what the average car gets today.

    We've come a long way he says with sarcasm!

    March 15, 2013 10:45 am at 10:45 am |
  4. Ray E. (Georgia)

    There is an actual method to run cars, etc. on water but so far it hasn't been developed. By passing electricity thru water it is broken down into it's two elements hydgren and oxygen and can be burned. Since fossel fuels are still plentiful don't expect their use to subside.

    March 15, 2013 10:52 am at 10:52 am |
  5. GPO Is A Dead Weight for USA

    We had an "Energy President", an oil man from Taxes. Besides brought down the country in everywhich ways possible, gas was at the highest price during Bush terms and energy policies only benefited ExxonMobil and other Oily people.

    March 15, 2013 10:55 am at 10:55 am |
  6. Rick McDaniel

    Simply more wasteful spending........and nothing beneficial, whatsoever.

    Obama is a hopeless case, who refuses to face reality.

    March 15, 2013 11:05 am at 11:05 am |
  7. Rob

    Who can trust anything Obama does?

    March 15, 2013 11:09 am at 11:09 am |
  8. Fair s Fair

    Ray E. (Georgia)

    There is an actual method to run cars, etc. on water but so far it hasn't been developed. By passing electricity thru water it is broken down into it's two elements hydgren and oxygen and can be burned. Since fossel fuels are still plentiful don't expect their use to subside.
    -------
    The amount of potential energy in the hydrogen of a gallon of water is just a tiny fraction of the potential energy in a gallon of gasoline. The amount of extra energy needed to carry around a huge water tank would result in a negative return.

    March 15, 2013 11:10 am at 11:10 am |
  9. Yanni

    We could discuss this idea and others that create need job opportunity in the near future and help us transit to sustainable energy source in the future. However, the GOP/Conservative/tea party will not allow us a sensible discussion. They will pick a single talking point from the whole proposal and will make it a slogan to bark on TV, radio and at carnival.

    March 15, 2013 11:28 am at 11:28 am |
  10. Guest

    Obama administration is accustomed to throwing money at problems but the results have largely been very expensive failures.

    March 15, 2013 11:31 am at 11:31 am |