Obama Green Energy May Lag Growth Pace of Bush Years

Jan. 26 (Bloomberg) -- President Barack Obama may find it harder to increase renewable energy than his predecessor during a financial crisis that halted lending by Lehman Brothers Holdings Inc. and other alternative-power financiers, investors said.

BBC NEWS | Science & Environment | 'Climate hope' in economic plans

In the 1930s depression, Mr de Boer related, Franklin D Roosevelt had used his inauguration speech to proclaim that "the only thing we have to fear is fear itself".

That was not the case now, he said.

"The shadow of climate change grows darker each year. But the only thing we have to fear now is the fear to act."

Environmental Capital - WSJ.com : Green Lectern: Obama Launches Green Energy Agenda

President Obama again linked his energy agenda to the economy, the environment, and national security. Spending hundreds of billions of dollars on foreign oil helps finance terrorism, subjects Americans to volatile gasoline prices, and courts the “irreversible catastrophe” of climate change. “These are the facts,” he said.