The Alternative Agenda Today

Obama Budget Commits Billions For Clean Energy; Ontario Stops Offshore Wind Development; Lugar Drafting Clean Energy Bill; Lomborg Claims Green Energy Doesn’t Create Jobs;

President Obama is expected to propose $8 billion for clean energy investments in his budget to be released today, the vast majority of that will go to the Energy Department. [National Journal]

In an announcement that stunned both wind power supporters and opponents, the Ontario government has called a stop to any offshore wind power projects. [The Globe and Mail]

Republican Senator  Richard Lugar (R-Ind.) is crafting broad energy legislation that could include a “clean energy” mandate similar to the one President Obama called for in his State of the Union address. [Environment & Energy Daily (subscription required)]

Green energy advocates say cleantech and renewable energy will create more jobs. They’re wrong, says Bjorn Lomborg. [Slate]

Natural Gas Prices/oil — [02.11.11]: Natural gas prices [Nymex] closed at $3.91/MMBtu, down 8 cents; Brent crude shed 50 cents to close at $100.94.

Photo: White House

Source: Green Energy Reporter