28 December 2009

GREEN ENERGY POLICY OUTLOOK PART 4

We noticed his strong advocacy for developing and deploying clean coal technology, because Carbon capture and storage technologies hold enormous potential to reduce greenhouse gas emissions as we propel our economy with domestically produced green energy.

It outlined the need for developing the next generation of sustainable bio-fuels and providing suitable infrastructure for bio-energy growth. It recognized, "advances in bio-fuels, including cellulosic ethanol,biobutenol and other new technologies that produce synthetic petroleum from sustainable feed stocks offer tremendous potential to break our addiction to oil." Now, any green-energy, irrespective of any party color, may raise the question- what is the progress, or where the current administration stands in terms of fulfilling the promises? The answer is, now it is too early for performance analysis. There is definitely a laundry-list of priorities that the current administration is exhaustively engaged in. It obviously includes,as the primary focus, the gigantic tasks of reforming the banking and financial sectors to arrest the economic down-turn. The next is the healthcare reform which is currently gaining heavy momentum, with Obama spearheading and pushing hard on it. But truly, energy policy reform does occupy a significant position in the list of priorities. We can patiently wait and see.

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