In a landmark speech with significant consequences for renewables, US President Barack Obama will today unveil a series of measures giving far more political weigh to climate change and energy issues in the remaining years of his second term.
At the heart of ObamaÂ’s speech, to be delivered Tuesday, is a three-pronged approach the US will take towards climate change: cutting carbon emissions beyond what the shale gas boom alone can deliver; preparing the country for the physical impacts of climate change; and pouring more geopolitical capital into finding solutions to climate change at the international level, including new bilateral treaties.
For renewables, one of the biggest boosts on offer will be a new goal for the Department of Interior to approve 10GW of utility-scale wind, solar and geothermal plants on
