As part of his trip to Africa this week, President Obama will unveil a program to expand access to electricity to people in sub-Saharan Africa. The program, called Power Africa, stands in stark contrast to President Obama’s domestic energy agenda where he intends to bring down the federal government’s regulatory hammer on coal-fired power plants — regulations will almost certainly... raise electricity prices for millions of Americans.
The president has no such compunction in Africa, however, where fossil fuels of all types provide most of the power. Even more ironic is that Obama will make his announcement in South Africa, the Saudi Arabia of African coal. Read more.