Energy Economics
Applied Optimization

Energy and Climate Change Featured in State of the Union Message

The President’s State of the Union message proposes a number of federal initiatives bearing on domestic energy supply and end-use (i) accelerated permitting for oil and gas exploration, (ii) support of R&D to make natural gas burn cleaner, (iii) support of state initiatives for constructing more energy efficient buildings, and (iv) establishment of an Energy Security Trust, funded by royalties generated by oil and gas production on public lands and waters, to support R&D on commercialization of electric and natural gas vehicles and biofuels.