Obama and CSR - a reality?

You won’t have missed that Barack Obama was voted the first black

president this week, after a record turnout. But with many months of campaigns, comes many policy promises, so will the ones that matter be kept?

Americans don’t do things by halves, but his energy plans are super-sized. Obama wants to: save more oil than the US currently imports, put 1 million hybrid cars on the road, ensure 10% of US’ electricity comes from renewable sources by 2012 and implement an economy-wide cap to reduce greenhouse gas emissions 80% by 2050.

Greenbang.com, a business blogging site, said: “He could really accelerate funding and promotion of clean tech projects…President Obama backs a big nationwide plan to boost financing for alternative energy. And if the US does it, so will the UK.”

Although not everyone is hopeful that CR will top the agenda. Hill & Knowlton’s blog, ResponsAbility, admits that Obama is, “advocating a much more aggressive climate change platform. But with the election year, there’s very little chance that much will get done in terms of environmental policy.”

It is uncertain how quick CR will be addressed, come January, with the current uneasy economy. But he is facing the right direction – forward, also promising to fight for a trade policy that opens up foreign markets to support jobs, which could influence standards around the world.

We watch this space.

For more please visit:

http://my.barackobama.com/page/content/newenergy

http://www.greenbang.com/6250/well-done-barack/

http://blogs.hillandknowlton.com/blogs/responsability/default.aspx