Monday, June 13, 2011

We Used To "change the world"

On many fronts, we even once were moving into alternative energy, that's what built the economy that continued to grow and was envied by all others. They used to try and copy but most failed while some, like Japan and South Korea with our help, will say though that when I was a kid and a teen their products were cheap and many laughable, succeeded. Now many have the growth in the experienced workers, we've destroyed many of the hands on trades experiences here, needed and are rapidly moving far in front of us, as are they're economies. And climate change is only one big issue, of many, of the advancement of economic growth and innovation. What this administration understands is that which our parents and grandparents worked so hard and had built for us as now some are destroying piece by piece!

Is Obama's Bet On Green Jobs Risky?


June 13, 2011 - President Obama flies to North Carolina on Monday for the latest meeting of his jobs and competitiveness council. His administration is betting that green technologies — from wind and solar power to advanced batteries and biofuels — will create jobs of the future.

If the Department of Energy were a James Bond film, Arun Majumdar would be Q, the tech whiz who oversees futuristic gadgets. Majumdar, whose official title is director of the Advanced Research Projects Agency for Energy, helps steer government investments to new energy technologies, some of which he acknowledges may ultimately fail.

"Of course these are risky," he said. "We don't know which ones are going to win down the line, which ones going to actually make it in the market and produce hundreds of thousands of jobs and really change the world."

The White House is gambling that one or more of these technologies eventually will produce hundreds of thousands of jobs and change the world.

And it's a gamble with real money.

Majumdar's program has received $500 million since Obama took office.

Clean energy projects on the whole have received almost $95 billion.

The president is confident the country will win this bet. {continued}


No comments:

Post a Comment