Obama To Continue Efforts To Curb Greenhouse Gases, Push Efficiency

"President Obama’s reelection, along with key wins by Senate Democrats, ensures that the federal government will press ahead with efforts to promote renewable energy and energy efficiency and to curb greenhouse gas emissions linked to climate change."

"But the scope of these policies could be constrained by congressional opposition and by concern over their economic impact, making it likely that a second Obama term will deliver some, but not all, of environmentalists’ top priorities.

Investors were quaking already, pummeling shares of coal-mining companies that waged a vigorous advertising battle against Obama’s reelection and which are potential casualties of any curbs on greenhouse gas emissions. Shares of Peabody Energy fell 9.6 percent Wednesday, Arch Coal plunged 12.5 percent, Consol Energy dropped 6.1 percent, and Alpha Natural Resources sank 12.2 percent."

Juliet Eilperin and Steven Mufson report for the Washington Post November 7, 2012.

SEE ALSO:

"Obama Finally Talks Climate Change. Now What Will He Do About It?" (Washington Post/Ezra Klein)

"Barack Obama Stokes Expectations of Climate Change Action in Second Term" (Guardian)

"Top Senator Hopes To Work on Climate Change Bill" (Reuters)

"Obama To Weigh Energy Boom, Climate Change in Second Term" (Reuters)

"Obama's Fossil Fuel Policies Poised To Frustrate Industry Through Second Term" (Huffington Post)

"Energy Policy: Status Quo Results Mean Recent Battles Will Be Revisited and Gridlock May Reign" (E&E Daily)
 

Source: Wash Post, 11/08/2012