Obama 'not satisfied' with progress thus far on renewable energy(by Alexander Duncan via Petroleum World)US President Barack Obama spoke from a town hall meeting at Fox Senior High School in Arnold, Missouri. As he marked his 100th day in office.WASHINGTON - US President Barack Obama took to the road Wednesday to mark his 100th day in office, saying that he was "not satisfied" with the progress his administration has made thus far on renewable energy.]Renewable power is one of his signature energy proposals and he included more than $40 billion in his $787-billion economic stimulus bill to expand the energy resource in the US."I'm not satisfied and I know you're not either," he said in a town hall event outside of St. Louis."We can't rest." Obama also told the audience that the US is "trapped by our dangerous dependence on foreign oil" and that demands a response with clean, domestic energy.The "only way to truly spark" that sort of energy innovation is a carbon cap-and-trade system, he said."We can do this in a way that creates jobs," Obama said in the suburb of Arnold, Missouri.Obama backs a carbon cap plan that would cut emissions 83% by 2050 in an effort to curb the effects of climate change.For the latest stimulus jobs in your region please click here |