Obama's Right Decision

I personally agree with President Obama's decision because as Dr. Kreutzer said “petroleum and coal survive just fine in places where there are no subsidies." However, this also means "slowing development of cleaner-burning fuel sources," but I dont think it's going to be a big problem because there is always demand for coal and petroleum, and the US is one of the developed countries in the world, I dont think its economy drastically decreases just because there is no longer subsidies for an industry. Another good thing about eliminating subsidies is that we can reduce greengas emission because if there is no subsidies for oil companies, the price of oil increases, and people would not use cars as often as they used to be (probably). I think the government can use $4 billion for investing in clean-technology ventures that helps to improve the environment instead of using it as subsidies for an industry.