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POPSThe Best and the Brightest at DOE This pick would certainly fit in with Obama's pattern of hiring extraordinarily smart people: Chu won the Nobel Prize in Physics in 1997. But can he manage the Department of Energy?
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POPSObama: Getting Closer to an Energy Policy Obama suggests tapping the Strategic Petroleum Reserve. So far, he hasn't outlined a comprehensive energy policy. Expect him to pay closer attention to this issue as a response to McCain's ad campaigns
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POPSIs Third Time a Charm for Wind and Solar? Here we go again. The House passes tax credits for renewable energy, tied to raising taxes on Big Oil. As before, this probably will not fly in the Senate. With all the talk about making tax cuts permanent in Washington these days--and a genuine business interest inn being green--it would seem that there should be more momentum behind extending this tax credits. Tying them to oil taxes doesn't work.
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POPSLess Than an Energy Bill It's called an energy bill, but this is not what many lawmakers hoped for. True, it raises fuel economy standards significantly and it boost biofuel production, but it includes basically no incentives for renewables such as wind and solar power. Big Oil got away on this one without a tax increase that would have paid for renewables, but the writing's on the wall for the oil industry--the fuel economy and biofuel hike are aimed at reducing the country's oil appetite. For 2009, the energy debate in Congress shifts to climate change. -- Brian Wingfield
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