Obama Announces Energy Team

Steven Chu, a Nobel Prize-winning physicist, will be the President-Elect's pick for Secretary of Energy, and Carol Browner (formerly head of the EPA) will take on the newly created role of Energy Czar.

"With the appointments and nominations, Mr. Obama is signaling his seriousness about combating climate change by curbing emissions of greenhouse gases and spending heavily to boost energy efficiency and promote renewable energy.

He also appears to be moving to the left with some of his new choices -- at least on business issues -- after his early cabinet choices were widely seen as centrist and moderate. "What you've got are people who are committed to moving forward with regulation of greenhouse gases under the Clean Air Act, which we believe is a huge mistake," William Kovacs, vice president of the U.S. Chamber of Commerce, said in an interview. "If we're embarking on a new infrastructure program that's going to involve building a lot of roads and bridges, the last thing we want to do is hold it up with CO2 regulations."

The choice of Ms. Browner is particularly significant because the new post is expected to coordinate the many federal agencies that have a hand in energy policy."

Full Story: Obama Picks Team to Guide Energy, Environment Agendas

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