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,
