Obama faces a 'tough choice' between natural gas and renewable energy development

U.S. President Barack Obama is in a "real bind" as the country could potentially bring in hundreds of billions of dollars from natural gas development, but stall renewable energy projects as a result, The Associated Press reported.

Charles Ebinger, director of the energy security initiative at the Brookings Institution, said the president faced a "tough choice" regarding energy development in the United Stated. Amping up gas drilling in the country could create many, much-needed jobs. However, it could also pose environmental concerns.

"I think the question is what does he want his legacy to be," Ebinger told the new source.

A recent study by the International Energy Agency stated that because of the potential for drilling, the United States could become a net exporter of natural gas by 2020 and nearly energy self-sufficient by 2035. The Obama Administration also recently announced it would continue to fight against climate change by reducing carbon emissions and boosting renewable energy sources.

The energy market in the United States is explored at PennEnergy's research area.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Reducing the Burden of Local Content Development Compliance

Governments across the world are implementing Local Content Development laws.  To comply and...

Know the Standards for Flash Fire Hazards

NFPA 2112 and NFPA 2113. Two companion standards for workers exposed to flash fire hazards, both ...

Pervasive Governance: Rethinking Traditional Approaches to Information Governance for Oil & Gas

Information is an organization’s most important strategic asset – the “lifeblood” of the organiza...

OSHA 1910.269 Are You Regulation Ready?

Read this Q&A to learn about changes to federal regulations and how to select FR garments for...

Latest Energy Jobs

View more Job Listings >>

Archived Articles

PennEnergy Articles
2008 | 2009 | 2010 | 2011 | 2012 | 2013

OGJ Articles
2011 | 2012 | 2013

OGFJ Articles
2011 | 2012 | 2013

Power Engineering Articles
2011 | 2012 | 2013

Power Engineering Intl Articles
2011 | 2012 | 2013

Utility Products Articles
2011 | 2012 | 2013

HydroWorld Articles
2011 | 2012 | 2013

COSPP Articles
2011 | 2012 | 2013

ELP Articles
2011 | 2012 | 2013