The
President
is
signalling
that
clean-technology
development
and
renewables
deployment
will
remain
a
focus
during
his
second
term,
although
his
ambitions
will
be
constrained
by
the
government’s
enormous
fiscal
problems.
The
federal
debt
is
soon
expected
to
equal
gross
domestic
product,
and
servicing
it
will
consume
a
growing
chunk
of
revenue.
Factor
in
out-of-control
healthcare
spending,
and
less
money
will
be
available
for
the
green-energy
programmes
that
Obama
generously
financed
in
his
first
term.
However,
he
intends
to
expend
political
capital
gained
from
re-election
to
find
money
to
support
renewables
growth.
For
instance,
he…