In case you missed today's speech at George Mason, President-elect Barack Obama wants to double the production of alternative energy within three years and make over 75 percent of federal buildings and 2 million homes more energy-efficient. It's a move that will create jobs immediately and save money for homeowners and businesses down the line. His new infrastructure push would also support the construction of a smart grid to save money, protect power sources, and collect and distribute renewable energy.
While the actual plan has yet to be officially unveiled, the draft provides more detail including new job training for clean technologies, $150 billion over 10 years to support next generation energy development, and a federal Renewable Portfolio Standard that will require 25 percent of American electricity to be derived from renewable sources by 2025.
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Wow. That's just what I've been advocating. And I thought I was whistling into the wind.
I agreed with (and was a little surprised by) everything that Obama proposed today. I think the main thing he's falling down on is retaining some of the Bush tax cuts for people making more than, say $100,000 a year. He's sounding way to blase about massive deficits. The deficits will certainly be bad for the next couple of years, but continuing to give the rich something of a pass is problematic.
That definitely sounds good