LIVE VIDEO: Obama on $2B energy program

Energy Security Trust regarding America's energy

President Barack Obama-10933

Posted: 03/15/2013
Last Updated: 96 days ago

ARGONNE, Ill. - President Barack Obama is visiting Argonne National Labs in Illinois, to discuss energy in America.

Obama proposed the idea of an energy security trust, which emanates from a proposal from a group called Securing America's Future Energy.

According examiner.com , the cost of the program would be $2 billion over 10 years and the research would be paid for with revenues from federal oil and gas leases on offshore drilling, adding that the funding would not add to the deficit.

The Examiner also said that the money would fund research on breakthrough technologies such as batteries for electric cars and biofuels made from switch grass or other materials.

LIVE STREAM LINK: http://abcn.ws/livenews1

Copyright 2013 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


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