Obama proposed reallocating Federal funds from supporting petroleum producers to developing renewable energy like solar panels.
And he proposed a goal for the country to generate 80% of its electricity needs from renewable energy sources by 2035.
You don't have to wait 25 years for 80% renewable energy. You can install solar panels today for a few thousands dollars, have plenty of solar and cut your electric bill. Plus you'll be supporting green jobs.
The president started with an anecdote about two American entrepreneurs, who appeared to be seated in the audience. ?Already we?re seeing the promise of renewable energy,? said Obama. The entrepreneurs, with the help of government loans, had turned their small, defunct factory into a plant for making ?solar shingles,? said Obama (I think he meant panels), ?that are being used all across the country.?
The founders ?reinvented ourselves,? Obama said, referring to the entrepreneurs.
Then, alluding to America?s ?Sputnik moment? ? an analogy he drew at the beginning of the address between America?s challenges today and the space race with the Russians ? Obama said, ?We?re telling America?s scientists and engineers that if they assemble teams to identify the best projects in renewable energy, we?ll fund the Apollo Mission of our time.?
Obama said that to achieve 80% clean electricity generation by 2035, the country would have to support numerous kinds of fuels and technologies. ?Some folks want wind and solar, others want nuclear, clean coal, natural gas. To meet this goal, we will need them all.?
Obama went on to propose the country, ?Eliminate the billions of taxpayer dollars we currently give to oil companies.?
?I don?t know if you?ve noticed, but they?re doing just fine on their own,? Obama quipped, to chuckles in the chamber. ?Instead of subsidizing yesterday?s energy, lets create those of tomorrow.?
(c) FreeCleanSolar, Inc.
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