Fossil fuel interests, others are fighting alternatives, Obama says

Oil & Gas Journal: Fossil fuel interests, conservative think tanks, and groups funded by billionaires Charles and David Koch are fiercely fighting a growing wave of alternative energy in the US, President Barack Obama told participants at a clean energy conference in Las Vegas on Aug 24.

He emphasized that it’s important to address legitimate issues such as distribution of generated electricity and costs. “But when you start seeing massive lobbying efforts…pushing for new laws to roll back renewable energy standards or prevent new clean energy businesses from succeeding, that’s a problem,” Obama said.

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