by Ian Talley Dow Jones Newswires
January 29, 2010
Cameron

WASHINGTON (Dow Jones)

President Barack Obama said in his State of the Union address he's not ready to call it quits on an economy-wide climate bill despite mounting political hurdles.

But his signaling for compromise with Republican proposals on nuclear power and offshore petroleum exploration was tacit recognition that without GOP support, one of the president's top priorities may likely fail this year.

Obama's pledge is seen as necessary to assure the international community that Washington is committed to a signing a binding treaty to cut emissions. (read more)