The World from Berlin  Will Obama Be the 'Jimmy Carter of the 21st
Century'?
Can US President Barack Obama lead America away from fossil fuel
dependency? German commentators don't think so. Some say he is in danger
of turning into an idealistic, one-term president like Jimmy Carter.



US President Barack Obama's address from the Oval Office
<http://www.spiegel.de/international/world/0,1518,701019,00.html>  on
Tuesday was supposed to be a moment of leadership during the worst
environmental disaster in American history. But critics from across the
political spectrum wondered afterwards whether he'd shown leadership at
all <http://www.spiegel.de/international/world/0,1518,701025,00.html> .
The geyser of oil in the Gulf of Mexico seems, technologically, to lie
beyond anything either BP or the US government was prepared for, and
Obama failed to mention any specific new ideas.

"The tragedy unfolding on our coast is the most painful and powerful
reminder yet that the time to embrace a clean-energy future is now," he
declared, without offering policy details. Of course, it wasn't a policy
speech. But the fact that Obama failed to outline a clear path toward
this clean-energy future seems to have disappointed a lot of people. "He
didn't boldly push an agenda," said Sen. Lindsey Graham, a Republican
senator from South Carolina, to Politico, the Washington-based news
website. "I think a lot of people took that to mean lukewarm support for
anything big."

One immediate result of White House talks with the American arm of BP,
though, was a series of concessions on Wednesday. BP Plc agreed to set
aside $20 billion (€16.1 billion) in escrow to cover damage claims
by shrimpers, restauranteurs and other Gulf-Coast residents hurt by the
spill. The energy giant also said it would suspend shareholder dividends
until 2011, when it expects to have a clearer notion of the
catastrophe's costs. Another $100 million (€80.8 million) will be
set aside for compensation to BP workers hurt by the spill.

These gestures from the energy giant are the most tangible form of good
news local residents have heard in the two months since the spill began.
German commentators on Thursday think BP's concessions are genuine as
well as worthwhile -- but they warn that Obama will need to paddle
harder to realize the shining future he promised in his speech on
Tuesday.

The center-left Süddeutsche Zeitung writes:

"Obama wants to lead the US out of its dependence on oil. Absolutely
right. In fact it's the very thing people have been wanting to hear from
Obama for weeks."

"But how cautious he seems, and how vague his suggestions. In 1961
President Kennedy declared a national mission to place a man on the moon
by the end of the decade. Obama has chosen not to name concrete goals.
No numbers, no time frame. He doesn't dare mention how things will have
to change to favor the climate. Professor Obama waits for new ideas and
looks forward to a public debate. He doesn't dare push the Senate to
settle on a climate-change bill. This president won't lead America out
of a crisis this way -- and he certainly won't usher in a new era."

The left-leaning daily Die Tageszeitung argues:

"International markets have started to take environmental problems
seriously. BP stock has fallen by almost 50 percent since the start of
the oil catastrophe. Ratings agencies have downgraded its
creditworthiness to near-junk status. And banks have stopped sealing
long-term contracts with BP."

"This situation is new. When oil companies in the past soiled the Niger
Delta or the Amazon, markets tended to reward them -- because
corporations that skimped on security also increased their profits, to
the detriment of the environment and the public interest. Now the costs
of environmental damage have started to weigh on the balance sheet, with
consequences extending to the possible bankruptcy of a multinational."

"This new environmental sensibility has been possible not through a
sudden display of reason on the markets, but through political
decision-making. President Barack Obama made it clear (in early June)
that BP won't be exempt from criminal investigation. He's also
maintained a moratorium on new oil exploration on the deep-ocean floor,
and looks determined to end corruption in federal oil agencies."

The Financial Times Deutschland writes:

"The oil company could be prosecuted by shareholders for paying billions
upon billions into a fund for damages without being legally required to
do so … It's therefore a good thing that the US government has not
asked for a blank check to cover damages. With the high sum (of $20
billion), the government can now offer quick and unbureaucratic First
Aid (to people living near the Gulf)."

"But the firm can't just run free now that an arbitrary sum has been
set. What the final cost for damages might be, and which mistakes were
made by whom, have yet to be determined. Civil and criminal complaints
against BP have to remain an open possibility. This fund is just a first
step toward stopping the holes that the oil catastrophe has ripped in
the finances of many affected people."

The conservative daily Die Welt writes:

"When Obama surprised people by lifting his opposition to offshore
drilling, just before the current oil crisis, he meant it as one part of
a package deal: Citizens who worried primarily about high fuel prices
were meant to be placated by expanded domestic oil production -- as a
gambit to win more acceptance for the core of his new-energy agenda.
This strategy is marked by a typical American pragmatism, unlike
Europe's forces of climate protection. The emphasis rests on incentives
to save energy, on building more nuclear-energy plants and on developing
new ideas in renewable energy."

"This is the right way to make America independent of problematic
nations. Going forward, the mix will also have to include exploitation
of (America's) domestic energy resources, even if it also means heavier
regulation to avoid a new disaster. But if this oil shock accelerates
America's shift to new energies, and moves the West away from a
dangerous dependency on fossil fuels, then the catastrophe will have at
least one positive outcome."

The left-leaning Berliner Zeitung writes:

"If Barack Obama isn't careful, he will become the Jimmy Carter of the
21st century."

"In his speech, Obama tried to make a virtue of an emergency. He said a
shift to new energy sources was now a 'national mission.' Just as the
nation once mobilized its powers for World War II, now it needs to
conquer its devilish dependence on fossil fuels … If Obama wins this
debate, and achieves a true shift in energy dependence, then his name
will perhaps be mentioned again in the same breath with great American
presidents."

"Politically, though, it's fraught with risk. His opponents have already
charged Obama with using the Gulf catastrophe to advance his climate
agenda in Congress. Republicans rely on the tendency of Americans to
prefer cheap fuel and big cars with a certain level of power. Over 30
years ago, after all, another president called for smarter American
energy policies in a televised speech from the Oval Office. He wanted to
know, 'Why have we not been able to get together as a nation to resolve
our serious energy problem?' That president's name was Jimmy Carter."
-- Michael Scott Moore

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