In recent weeks, we have seen the cancellation of industry plans to exploit the Arctic and Antarctic, build new pipelines, and force financial dependence on a single source of supply. At $50 a barrel, the justifying prediction of continuous exorbitant profit make no sense. It is an incredible opportunity for change.
Even though Obama wants climate action to be one of his presidency's chief legacies, he's not yet ready to base his policies on what actually needs to be done. In this case, he has taken two big steps forward with the Arctic National Wildlife Refuge and then followed up with an ill-advised step backward on offshore drilling.