WASHINGTON Dec 16 A top BP Plc (BP.L)
executive on Tuesday praised President-elect Barack Obama's
picks to fill top energy posts but stressed that the new
administration must clarify its policies on renewable energy
and opening new areas for oil and gas exploration.
BP America Chairman and President Robert Malone said
Obama's nominee for energy secretary, Nobel physics laureate
Steven Chu, could put an emphasis on technology in energy
"I thought it was an interesting pick and a good pick,"
Malone told reporters at a BP press briefing. "He's signaling
the importance of science to what we do and I view that as a
Malone also expressed approval for U.S. Senator Ken Salazar
of Colorado, Obama's nominee for secretary of the interior, the
department responsible for the leasing of public lands for oil
and gas production.
Salazar has raised some concerns about oil shale
development in the west and opposed some of the Bush
administration's energy exploration policies.
Despite some of the Salazar's positions, Malone said he
expects Salazar will be open minded if confirmed as head of the
Separately, Malone said it is imperative that the Obama
administration provides clarity on renewable energy and biofuel
issues through consistent multiple-year extensions of
alternative energy tax credits.
"We can't have wind farm operators waiting until the
eleventh hour to find out if they're going to have subsidy,"
Also, Malone called for access to the Outer Continental
Shelf for energy exploration and establishing a pricing
mechanism for carbon.
(Editing by Christian Wiessner)