Last Friday’s headlines focused on President Obama’s address at Argonne National Laboratory, where he proposed to spend $2 billion on an energy-security trust fund for renewable fuel research. Obama boldly pledged “to shift our cars entirely . . . off oil.”
How exactly is he planning to do that? Research will have an effect over time, but “entirely off oil” is either a greatly exaggerated or a very incomplete account of the administration’s energy plans. The New York Times story on Obama’s speech dryly notes that although the president “has vowed to make addressing climate change a priority in his second term . . . he has provided only scant details on how he intends to act.”
Look closely, however, and it’s possible to spot some troubling plans. The Times, and just about every other major news outlet, neglected to note that on the day of Obama’s Argonne speech, the Department of Energy released a series of coordinated reports called “Transportation Energy Futures” (developed in cooperation with Argonne). This DOE project explores a variety of strategies designed to curb America’s greenhouse gas emissions up to 80 percent by about 2050.