obama renewable energy
President Obama unveiled his 2011 budget today requesting from Congress a multi-trillion dollar spending plan for the federal government. The spending bill is seeking a record-breaking $1.56 trillion to help boost America's flagging economy and there is significant funds earmarked for clean
The New York Time's lead editorial today is The Case for a Climate Bill and it's well worth the read.
During a trip to Paris this week, Lisa Jackson, the Administrator for the US Environmental Protection Agency said that her country should, " take the lead on clean energy technology, recession or no."
U.S. President Barack Obama's administration issued a draft rule to slash the greenhouse gas emissions of biofuels, but confirmed former President Bush’s commitment to produce corn-based ethanol.
President Barack Obama spoke today at a Trinity Structural Towers (TSTI) plant, a former Maytag plant which now houses a green manufacturing facility that produces towers for wind energy production, in Newton. Iowa.
Dr. Steven Chu, the US Secretary for Energy announced today that the $93 million from the American Recovery and Reinvestment Act of 2009 will be invested in the development of wind energy projects.
Chu stated that, “Wind energy will be one of the most important contributors to meeting President Obama's target of generating 10 percent of our electricity from renewable sources by 2012."
Indeed this move will not only assist in the US administration's laudable goal of 10% renewables by 2012, but it will also stimulate new green jobs in the renewable energy sector. While industries tied to traditional energy, like the auto industry continue to take a pummeling, it will be investments such as this that will hopefully perk the ears of private investors.