[COLUMN] The amazing energy race

By Thomas L. Friedman | The New York Times

President Obama delivered his most important national security and jobs speech last week. I think he also mentioned something about climate change.

coal-vs-natural-gasThe headline from Obama’s speech was his decision to cut America’s carbon emissions by bypassing a dysfunctional Congress and directing the Environmental Protection Agency to implement cleaner air-quality standards. If the rules are enacted — they will face many legal challenges — it would hasten our switching from coal to natural gas for electricity generation. Natural gas emits about half the global-warming carbon dioxide of coal, and it is in growing supply in our own country. As a result of market forces alone, coal has already fallen from about one-half to one-third of America’s electric power supply.

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Also: Oil Boom Gives U.S. More Policy OptionsA1

If you’d like to discuss energy issues, contact Court Rich, Co-Chair of Rose Law Group’s Renewable Energy Department at crich@roselawgroup.com

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