Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Shaun Polczer
Calgary
26 June 2013
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Obama’s climate conundrum: Oil and gas versus low emissions

Barack Obama wants to cut carbon emissions. The US president also wants to increase domestic oil and gas production. Can he do both?

Even as US oil and gas production reaches new highs, Washington is putting its foot down on climate change.  In a speech to Georgetown University on 26 June, US president Barack Obama fleshed out an ambitious blueprint to reduce coal-fired power generation and position the US as a leader in “a global assault” against greenhouse gases (GHGs). Through a series of executive orders, the Environmental Protection Agency (EPA) will be charged with developing new rules for carbon emissions - these will apply mainly to coal-fired power plants responsible for 40% of US GHGs. The administration has set a goal of obtaining a minimum of 20% of the government’s electricity from renewable sources by 2020.

Also in this section
Venezuela mismanaged its oil, and US shale benefitted
14 January 2026
Chavez’s socialist reforms boosted state control but pushed knowledge and capital out of the sector, opening the way for the US shale revolution
Outlook 2026: From wells to wafers – How MENA is powering the new energy–data nexus
Outlook 2026
14 January 2026
Leading economies in the region are using oil and gas revenues to fund mineral strategies and power hyperscale computing
Outlook 2026: Peru 2026 – A confident step into a new energy era
Outlook 2026
14 January 2026
The South American country offers stable, transparent and high-potential opportunities and is now ready for fresh exploration and partnership
Europe’s rising energy security challenge
13 January 2026
Across Europe, countries have grappled with balancing ambitious energy transition plans with realities about security of supply

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search