• 4 minutes Oil Price Editorial: Beware Of Saudi Oil Tanker Sabotage Stories
  • 6 minutes UAE says four vessels subjected to 'sabotage' near Fujairah port
  • 13 minutes Mueller Report Brings Into Focus Obama's Attempted Coup Against Trump
  • 15 minutes Magic of Shale: EXPORTS!! Crude Exporters Navigate Gulf Coast Terminal Constraints
  • 1 hour Wonders of Shale- Gas,bringing investments and jobs to the US
  • 13 mins Why is Strait of Hormuz the World's Most Important Oil Artery
  • 7 mins IMO2020 To scrub or not to scrub
  • 16 mins Trump bogged down in Mideast quagmire. US spent $Trillions, lost Thousands of lives, and lost goodwill. FOR WHAT? US interests ? WHAT INTEREST ? To get Jared (Frisch School w/ 2.8 GPA) a Mideast win with peace deal ? China greatest threat next 50 years.
  • 7 hours Compensation For A Trade War: Argentina’s Financial Crisis Creates An Opportunity For China
  • 1 hour Rural and Conservative: Polish Towns Go 'LGBT free' Ahead Of Bitter European Election Campaign
  • 1 hour Knock-Knock: Aircraft Carrier Seen As Barometer Of Tensions With Iran
  • 4 hours California's Oil Industry Collapses Despite Shale Boom
  • 6 hours Devastating Sanctions: Iran and Venezuela hurting
  • 7 hours China Downplays Chances For Trade Talks While U.S. Plays ‘Little Tricks’
  • 6 hours Shale to be profitable in 2019!!!
  • 2 hours Misunderstanding between USA and Iran the cause of current stand off, I call BS
  • 1 hour "We cannot be relying on fossil fuels to burn as an energy source at all in our country" - Canadian NDP Political Leader
Alt Text

Europe Throws Billions At New EV Battery Ventures

The European Union is looking…

Alt Text

How The Renewable Revolution Is Reshaping Geopolitics

Investments in renewable energy, especially…

Charles Kennedy

Charles Kennedy

Charles is a writer for Oilprice.com

More Info

Trending Discussions

White House Triples Agency Renewable Energy Mandates

In an executive order released on 5 December, President Barack Obama has tripled the mandate for use of renewable sources of energy for federal agencies by 2020.

According to the executive order federal agencies will have to replace 20% of the electricity they use with renewable sources by 2020—up from a 2005 mandate of 7.5% by 2013. This includes all federal agencies both civilian and military.

The new mandate is part of the Obama administration’s goal of reducing greenhouse-gas emissions 17% over 2005 levels by 2020.

While the order only applies to federal agencies, this represents a significant boost in the renewables mandate due to the fact that it affects some 500,000 buildings, 600,000 federally operated vehicles for agencies that spend on average $500 billion annually in goods and services.

“The federal government must lead by example” in fighting climate change and transitioning to a clean-energy economy, Obama wrote.

The Environmental Defense Fund (EDF) welcomed the release of the executive order as a “good day for clean energy.”

“Renewable energy has become cost-competitive over the years and the quality of innovative clean technologies has dramatically improved.  These are clean, efficient, homegrown resources that we can count on now, and President Obama’s public support of renewables in this announcement will serve to further drive their competiveness in the market,” EDF noted on its website.

While the renewable energy industry and environmentalists heralded the executive order as a landmark move, groups on the other side of the highly polarized environmental-political divide noted that there were no estimates on how much this mandate would cost taxpayers.

The Washington Post quoted Laura Sheehan, senior vice president of communications for the American Coalition for Clean Coal Electricity, as saying that the mandate would prove too expensive.

“We support an ‘all of the above’ energy portfolio that makes sense, but shoe-horning renewable technologies that cannot deliver the baseload electricity this country needs does no one any good and puts the American economy at risk,” Sheehan said in a statement.

By. Charles Kennedy of Oilprice.com




Download The Free Oilprice App Today

Back to homepage

Trending Discussions


Leave a comment
  • Mark Hillyard on December 09 2013 said:
    Is it legal for a President to order our Nation to commit Harry-Kerry?
  • Roger Bird on December 09 2013 said:
    All investment is conventional alternative energy is a waste of money. The day is fast approaching when LENR (Low Energy Nuclear Reactions) will be commercialized: clean and almost free energy for everyone. Below are a few links that can convince the curious and open minded:

    http://arxiv.org/pdf/1305.3913.pdf

    http://www.lenrproof.com/

    http://www.e-catworld.com/why-i-believe-in-the-e-cat/

    http://lenrftw.net/
  • SA Kiteman on December 09 2013 said:
    "Renewability" of energy is NOT a public good, so it is not proper for him to do that. What supporters do you suppose he is paying back?
  • Roger Bird on December 10 2013 said:
    Renewability IS a public good. Depending on non-renewable sources of energy will eventually result in disaster for the public. Therefore it is a public good. Try another argument for condemning the Liar-In-Chief.
  • rbblum on December 16 2013 said:
    Could drastically downsize government . . . which would create an incredible amount of savings and extend personal freedoms.
  • onlymho on December 23 2013 said:
    just another increase in taxes as a result of paying more for energy

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News