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We know the country that harnesses the power of clean, renewable energy will lead the 21st century. And yet, it is China that has launched the largest effort in history to make their economy energy efficient. We invented solar technology, but we've fallen behind countries like Germany and Japan in producing it. New plug-in hybrids roll off our assembly lines, but they will run on batteries made in Korea.
Well I do not accept a future where the jobs and industries of tomorrow take root beyond our borders - and I know you don't either. It is time for America to lead again.
Thanks to our recovery plan, we will double this nation's supply of renewable energy in the next three years. We have also made the largest investment in basic research funding in American history - an investment that will spur not only new discoveries in energy, but breakthroughs in medicine, science, and technology.
We will soon lay down thousands of miles of power lines that can carry new energy to cities and towns across this country. And we will put Americans to work making our homes and buildings more efficient so that we can save billions of dollars on our energy bills.
But to truly transform our economy, protect our security, and save our planet from the ravages of climate change, we need to ultimately make clean, renewable energy the profitable kind of energy. So I ask this Congress to send me legislation that places a market-based cap on carbon pollution and drives the production of more renewable energy in America. And to support that innovation, we will invest fifteen billion dollars a year to develop technologies like wind power and solar power; advanced biofuels, clean coal, and more fuel-efficient cars and trucks built right here in America."
Click here for a transcript of the entire address courtesy of Talking Points Memo, or watch the speech in its entirety on C-SPAN.
This week's newspaper article:
Debate over the national stimulus plan is coming to a head. The proposal - yet to be passed by both bodies of Congress and signed into law by the President – stands as a combination of tax cuts and funding for projects designed to create jobs.
Tax cuts are a foregone conclusion; we can all use a few extra dollars in our pockets.
But some, singing the tired old song that “the best government is the least government,” have suggested that any attempt to stimulate the economy through job creation at the federal level is destined to fail. They say that any money spent on job creation by the federal government is just throwing money away. Thus, the remedy for an ailing national economy involves permanent tax cuts. Period.
In other words, “more of the same, only more of it.” Those people must be terrible Scrabble players.
In the classic board game, the way to score big is by targeting the bonus squares and creating as many words as possible in as many directions as possible in one move.
Scrabble is a two dimensional game. Looking for opportunities to make a play that is both sideways and up-and-down is a winning strategy. Thinking one-dimensionally, meaning every word stands alone, puts a cap on the effectiveness, and almost always results in the bottom end of the score.
Let’s look at a couple of the proposals at play.
The plan calls for weatherizing millions of homes, putting Americans to work in every part of the nation. These jobs, unlike many over the past few years, cannot be outsourced to China.
The bonus? Buildings suck up almost half the energy we use in this country. Inefficient buildings are the worst culprits. Once weatherized, homeowners save money each month on their energy bills (adding up to a tidy sum by the end of the year), and the country is less dependent on dirty and foreign sources of energy.
The proposed stimulus package calls for the construction of the first phase of a national energy “smart grid.” Just like the railroads of the nineteenth century, the interstate highways of the mid-twentieth century, and the Internet of late, this new infrastructure will foster millions of well-paying jobs for decades to come.
The added dimension? Once the smart grid is in place, homegrown renewable energy can be transported from renewable hotspots –wind in the Midwest, solar in the Southeast – all across the country resulting in permanent American jobs, energy security, a clean environment, and lower energy costs for all Americans.
When government proposals are one-dimensional, they may very well be destined for failure. But all of the major proposals by the Administration have multiple dividends, and once accomplished, serve a valuable purpose well into the future.
I don’t know this for a fact, but I suspect President Obama is a very good Scrabble player.
"Now America has arrived at a crossroads. Embedded in American soil and the wind and the sun, we have the resources to change. Our scientists, businesses and workers have the capacity to move us forward. It falls on us to choose whether to risk the peril that comes with our current course or to seize the promise of energy independence. For the sake of our security, our economy and our planet, we must have the courage and commitment to change.
It will be the policy of my administration to reverse our dependence on foreign oil, while building a new energy economy that will create millions of jobs. We hold no illusion about the task that lies ahead. I cannot promise a quick fix; no single technology or set of regulations will get the job done. But we will commit ourselves to steady, focused, pragmatic pursuit of an America that is free from our energy dependence and empowered by a new energy economy that puts millions of our citizens to work.
Today, I'm announcing the first steps on our journey toward energy independence, as we develop new energy, set new fuel efficiency standards, and address greenhouse gas emissions. Each step begins to move us in a new direction, while giving us the tools that we need to change.
First, we must take bold action to create a new American energy economy that creates millions of jobs for our people. The American Recovery and Reinvestment Plan before Congress places a down payment on this economy. It will put 460,000 Americans to work, with clean energy investments and double the capacity to generate alternative energy over the next three years. It will lay down 3,000 miles of transmission lines to deliver this energy to every corner of our country. It will save taxpayers $2 billion a year by making 75 percent of federal buildings more efficient. And it will save working families hundreds of dollars on their energy bills by weatherizing 2 million homes.
This is the boost that our economy needs, and the new beginning that our future demands. By passing the bill, Congress can act where Washington has failed to act over and over again for 30 years. We need more than the same old empty promises. We need to show that this time it will be different. This is the time that Americans must come together on behalf of our common prosperity and security.
Second, we must ensure that the fuel-efficient cars of tomorrow are built right here in the United States of America. Increasing fuel efficiency in our cars and trucks is one of the most important steps that we can take to break our cycle of dependence on foreign oil. It will also help spark the innovation needed to ensure that our auto industry keeps pace with competitors around the world."
From NPR: Green Energy Scores Big In Obama's Stimulus Plan