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Obama to unveil climate change action plan Tuesday — boon for cleantech?

President Obama plans to address the nation on how America will tackle climate change during a speech at Georgetown University on Tuesday (1:30PM EST). In a video the White House published over the weekend (embedded below), Obama said the speech this week would lay out his vision for where he believes America needs to go, which includes: “a national plan to reduce carbon pollution,” a way to “prepare our country for the impacts of climate change,” and a strategy for leading global efforts to fight climate change.

Will the speech — one of the first following his State of the Union Address where he will talk about climate change — act as a boost for the entrepreneurs and investors who have been building the next generation of clean technologies? The reality is that the cleantech sector, which includes technologies from clean power generation to energy efficiency software to electric vehicle tech, has had a difficult past few years.

Investors in Silicon Valley have been shying away from the sector, while the industry has witnessed some major flameouts. I’ve personally seen very few early-stage cleantech startups emerge in 2013 and have seen a lot of maturing cleantech companies struggle to scale.

Obama notes in his video address his desire to grow an American clean energy economy, as well as create the next generation of biofuels, and “new sources of energy.” He calls for businesses, scientists, engineers and farmers to help lead this clean energy economy.

The big question is what concrete plans will Obama actually announce? The Washington Post reports that Obama intends to discuss his intention to limit greenhouse gas emissions from existing power plants, increase appliance efficiency standards and promote renewable energy development on public lands.

Limiting greenhouse gas emissions would likely lead to the closing or retrofitting of aging coal plants, as well as older natural gas plants, which provide most of the electricity in the U.S. That move would no doubt be controversial as it could raise electricity prices in coal states and reduce fossil fuel-related jobs.

7 Responses to “Obama to unveil climate change action plan Tuesday — boon for cleantech?”

  1. First…we already have clean-burning coal plants that Obama isn’t allowing to be run. We have natural gas reserves, offshore, that Obama isn’t allowing to be drilled for. We have nuclear power that Obama isn’t allowing to be harnessed and supply the nation with an almost limitless amount of energy. These are all clean energy possibilites that exist, right now.

    And on top of all this Obama is now being shouted down by the majority of the G8, because places like the UK, France, Germany, and Canada are all showing cooling trends over the last three years, as predict by NOAA 35 years aho and again by the UK’s MoS, six years ago.

    We need to stop thinking like we did 20 years ago which was the same thinking that got us into this global economic mess and start putting people to work and building infrastructure and deceloping technology.

  2. Rann Xeroxx

    Even if you are a believer in AGW, the US could spend a trillion dollars on reducing CO2 and it would not reduce global temperatures by even 1 degree.

    The elites pushing these agendas fly around, criss crossing the world, live in huge energy consuming mansions, own multiple houses, cars, etc. yet want the little people to reduce their CO2 emissions. Obama flys himself, his family, about 1000 staff to Hawaii to vacation, dumping hundreds of thousands of tons of CO2 in the air just for the Obama’s enjoyment.

    Wake up to the new world order. Its all about the elites telling you whats good for you (but not them).

  3. Charles E. Campbell

    I am cautiously optimistic when President Obama talks about Climate Change. Whatever is announced, I’m sure that cleantech starts like Allen Hydro Energy Corporation (AHEC) will not be able to “Pay-To-Play”. If the Obama Administration is serious and wants to become a leader in renewable energy, then AHEC has a US Patent for hydroelectric generating process that is scalable, exportable and cheaper than fossil fuels.

    Charles E. Campbell, Founder & CEO
    Allen Hydro Energy Corporation (AHEC)
    [email protected]

    • DavidNutzuki

      And get up to date:
      *Occupywallstreet now does not even mention CO2 in its list of demands because of the bank-funded and corporate run carbon trading stock markets ruled by politicians.
      *Canada killed Y2Kyoto with a freely elected climate change denying prime minister and nobody cared, especially the millions of scientists warning us of unstoppable warming (a comet hit).
      *Julian Assange is of course a climate change denier.
      *Obama had not mentioned the crisis in two State of the Unions addresses.