What's driving investments and development of America's energy sources ranging from fossil fuels to renewables?
President Obama's State of the Union address has prompted a debate around what policies and market incentives are driving companies to invest in certain energy sources over others. Obama is touting record-high domestic production of oil and natural gas under his watch and has recommitted to doubling down on renewable energy by opening up more public lands to wind and solar projects. He also called for Congress to renew expiring clean-energy tax credits. Some experts say, though, that less government regulation and "red tape" is needed to spur more energy production.
What role does the Obama administration and Congress have in driving energy development? How do federal policies interact with the market to influence energy production? What specific policies--if any--should Washington enact to help spur certain kinds of energy production?