By Terrence Murray | 24 January 2011, 12:57 BST
Given last November’s conservative tilt, there’s no chance for comprehensive energy reform legislation will land on the President’s desk in the next two years. But that new reality shouldn’t intimidate President Obama from protecting the EPA’s stated goal to regulate Co2 and green house gases in tomorrow’s State of the Union, say environmentalists. Quoting an unnamed environmentalist, The Hill’s E2 Wire writes that Obama should use tomorrow’s speech “to send a powerful signal that even must-pass bills can’t be used to block EPA.”
Last week the Environmental Protection Agency (EPA) said cars and light trucks manufactured in 2001 onwards could have a blend of 15 percent ethanol mix pumped into their engines. That a five percent increase from the previous blending mandate, reports the New York Times Green blog. Could these new regulations fuel a new ethanol bubble? Not likely, at least in the short-term. The EPA’s approval comes at a time when overall gasoline sales are down. Also, Green writes, distributing ethanol to consumers will require investments at the pump that retailers might be unwilling to do.
GE CEO Jeff Immelt is joining the Obama administration as a part-time head of the newly-formed Council on Jobs and Competitiveness. Having Immelt joining the president’s “advisory circle” is good news for the green industry and assures them some clout in Washington because as TreeHugger writes, Immelt “has been an outspoken advocate for clean energy.” Also, the appointment is an indication that the President has not given up on his green agenda but is using the Executive branch (rather than Congress) to execute his green quest!
Source: Green Energy Reporter