The Obama administration held firm with the Saudis because it's one thing to
cap nuclear technology where it already exists, but it's longstanding U.S. policy not to spread the technology to new countries.
Obama's energy plan would use some of the revenue generated from the
cap - and - trade permit auction to invest in climate - friendly energy development including advanced biofuels, locally - owned biofuel refineries, low - carbon coal
technologies, and
nuclear power.