Obama's energy program for infrastructure and renewables

11/7/2008 | Los Angeles Times (tiered subscription model)

On the campaign trail, President-elect Barack Obama said that energy would be a top priority when he assumes office. He plans to invest in infrastructure, which could be a boon to manufacturing companies such as Caterpillar. Obama also plans to institute a cap-and-trade system for carbon emissions and will devote $15 billion a year to the commercialization of renewable energy.

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