White House Official says, Obama will push clean energy jobs

US President Barack Obama will promote clean energy in his State of the Union address Tuesday night as part of his push to bolster the nation’s economy and create jobs, a senior White House official said.

Despite pushback from critics who say the White House has focused too much on renewable energy instead of traditional energy sources like oil, the Obama administration remains committed to more sustainable energy sources, said Nancy Sutley, head of the White House Council on Environmental Quality.

“The President has talked since the beginning of the administration about how important it is to move us to a clean energy economy. He’ll talk about it tonight,” Sutley told reporters on the sidelines of a clean energy economy summit. Sutley said clean energy is now a Key focus for the administration.

“A clean energy economy is…good for jobs, good for growth. It’s also good for our planet,” she said.

Administration officials Monday said Carol Browner, a Key architect of Obama’s energy policy, would step down soon, raising questions about whether the White House may be changing its approach to energy and climate change.

The Obama administration has put billions of dollars toward loan guarantees for clean energy projects, related research and tax breaks for wind and solar projects.

The White House failed to get comprehensive climate change legislation signed into law. With Republicans now in control of the House of Representatives in the new Congress, that goal is now basically unattainable in the next 2 yrs.—Paul A. Ebeling, Jnr. www.livetradingnews.com

Posted by Shayne Heffernan on Jan 26th, 2011and filed underEquities, Latest News, Markets.You can follow any responses to this entry through theRSS 2.0You can leave a response by filling following comment form or trackback to this entry from your site