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The lower prices of natural gas which can be substituted for coal in electricity production to reduce emissions without legislation gives Obama more energy policy flexibility during the second term. The increase in shale oil production which can generate new jobs is supported by Obama and this provides more flexibility to work with Republicans in the second term. The slump in solar energy panel prices removes another element of disagreement with Republicans by making investments in companies like Solyndra unattractive. This makes the second term energy policy prospects very different from the first term.
Grouped Articles
Dark Times Fall on Solar Sector
Wall Street Journal 12.27.2011
Obama to Assert Unilateral Agenda
Wall Street Journal 01.27.2014
In Second Term, Obama Is Seen as Using âHidden Handâ Approach
New York Times 07.15.2013
Falling Oil Prices Spur New Bets on Global Economic Growth
Wall Street Journal 12.08.2014
Overheard: Digging for Answers on Coal
Wall Street Journal 03.29.2015
Wall Street Journal 11.13.2012
Wall Street Journal 01.22.2013
Trump moves to dismantle Obama's climate legacy with executive order
The Guardian 03.28.2017
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