Obama speech set for 1:35 p.m. EDT

President Barack Obama is expected to lay out steps to blunt the effects of climate change during a speech at Georgetown University in Washington, D.C., at 1:35 p.m. EDT.

The speech will be webcast live on http://www.georgetown.edu.

President Obama promoted the speech in a 90-second video posted on the White House website June 22. In the video, Obama noted that he had highlighted the importance of climate change during his January inaugural address.

Media reports in advance of the speech suggest that Obama could take executive action on everything from carbon dioxide limits for existing power plants to more development of renewable energy on public land; to plans for building roads above flood levels. National Public Radio reported that Obama will have EPA draw up CO2 limits for existing power plants.

The Washington Post reported in its June 25 print edition that several publicly-traded coal mining companies saw their stock prices trade lower in advance of the president’s speech.

About Wayne Barber 4201 Articles
Wayne Barber, Chief Analyst for the GenerationHub, has been covering power generation, energy and natural resources issues at national publications for more than 20 years. Prior to joining PennWell he was editor of Generation Markets Week at SNL Financial for nine years. He has also worked as a business journalist at both McGraw-Hill and Financial Times Energy. Wayne also worked as a newspaper reporter for several years. During his career has visited nuclear reactors and coal mines as well as coal and natural gas power plants. Wayne can be reached at wayneb@pennwell.com.