Obama firms up oil tax proposal

US President Barack Obama has officially proposed taxing fossil fuel companies $10.25 per barrel of oil to help fund new investments in clean energy research.

US President Obama: US 'needs' transportation system that reduces reliance on oil
US President Obama: US 'needs' transportation system that reduces reliance on oil
Published 9 February 2016, 19:27Updated 18 October 2016, 05:07
Americas