Obama sends mixed signals to oil, gas industry in his climate address

07/01/2013
US President Barack Obama strongly supported continued domestic natural gas development as he outlined measures to combat global climate change. He also suggested the Keystone XL crude oil pipeline's cross-border permit would not be approved if it appears the project would significantly exacerbate climate pollution. In a widely anticipated address at Georgetown University, Obama called on the nation to mobilize its ingenuity to meet ambitious new alternative energy use goals and reassert its position as a global business, technology, and environmental leader. "This does not mean we're going to stop producing fossil fuels. Our economy wouldn't run very well if we did. Transitioning to...
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