Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Saturday, June 27, 2009

A Clean Energy Economy

Opening the Door to a Clean Energy Economy
President Obama praised historic energy legislation passed by the House of Representatives on Friday. The legislation will help America create green jobs, ensure clean air for our children, move towards energy independence and combat climate change. Watch his Weekly Address in the video below or here:



Portions of the transcript of the President's address:
"Make no mistake: this is a jobs bill. We’re already seeing why this is true in the clean energy investments we’re making through the Recovery Act. In California, 3000 people will be employed to build a new solar plant that will create 1000 permanent jobs. In Michigan, investment in wind turbines and wind technology is expected to create over 2,600 jobs. In Florida, three new solar projects are expected to employ 1400 people."

"The list goes on and on, but the point is this: this legislation will finally make clean energy the profitable kind of energy. That will lead to the creation of new businesses and entire new industries. And that will lead to American jobs that pay well and cannot be outsourced. I have often talked about the need to build a new foundation for economic growth so that we do not return to the endless cycle of bubble and bust that led us to this recession. Clean energy and the jobs it creates will be absolutely critical to this new foundation."

"This legislation has also been written carefully to address the concerns that many have expressed in the past. Instead of increasing the deficit, it is paid for by the polluters who currently emit dangerous carbon emissions. It provides assistance to businesses and families as they make the gradual transition to clean energy technologies. It gives rural communities and farmers the opportunity to participate in climate solutions and generate new income. And above all, it will protect consumers from the costs of this transition, so that in a decade, the price to the average American will be just about a postage stamp a day."

The full transcript is here.

To see how Congress members across the country voted on the bill, view an interactive map of the US and lists of votes at The NY Times.

Sunday, November 16, 2008

Green Jobs: Stabilizing the Economy

Facing the challenges of global warming and climate change will create new economic opportunities, as the nation shifts from burning fossil fuels that generate global warming pollution, to clean, renewable energy sources. The shift to clean energy, and a rising awareness of the need to conserve energy and use it efficiently, are creating new jobs: green-collar jobs, or simply, Green Jobs.

­Investment in energy efficiency and in clean energy can create new businesses and Green Jobs, and at the same time curb climate change. A program to retrofit offices, manufacturing plants and homes with energy-efficient technologies will create a large demand for electricians, carpenters, and many other workers, skilled and unskilled. Expanding mass transit and improving freight rail will save energy and spark the demand for civil engineers, bus drivers, rail track layers, welders, locomotive engineers, conductors, and dispatchers. Incentives to develop wind, solar, geothermal power, next-generation biofuels, smart electrical grid transmission systems, and hybrid-electric vehicles will have enormous job-creation potential. One study showed that a $100 billion investment in these areas over two years would result in 2 Million new jobs across the nation, as illustrated in the US Map from a Green Jobs report by 1Sky.org.

[click image to enlarge]
This energy saving investment program will benefit both rural and urban America. An independent study concluded that 5 Million jobs would be created in rural areas alone by 2030 with the right incentives.

A business as usual approach to generating energy will only negatively affect the environment and the economy. Replacing old coal plants with new ones creates no new job opportunities and does nothing to address climate change, and neither does relying on oil. By capping global warming pollution and providing incentives for clean energy sources and energy efficiency, a fast-growing Green Job sector will more than make up for the fossil fuel jobs lost by phasing out coal and oil, and will stabilize the economy.

Sunday, March 2, 2008

Tiny Alaskan Village lookin' to kick Big Oil's Gas

An Alaskan village eroding into the Arctic Ocean sued two dozen oil, power and coal companies, claiming that the large amounts of greenhouse gases they emit contribute to global warming that threatens the community's existence. The Inupiat Eskimo village of Kivalina sued Exxon Mobil Corp. and eight other oil companies, fourteen power companies and one coal company. Sea ice that forms later and melts sooner because of higher temperatures has left the community unprotected from fall and winter storm surges and pounding waves that lash the coastal community. Relocation costs have been estimated at more than $400 million. Damage to Kivalina from global warming has been documented in official government reports by the Army Corps of Engineers and the General Accounting Office.

A spokesman for Exxon Mobil said the company takes the issue of climate change seriously. "Exxon Mobil is taking action by reducing greenhouse gas emissions in our operations, supporting research into technology breakthroughs and participating in constructive dialogues on policy options with NGOs, industry and policy makers," he said.

A real opportunity could arise for Exxon Mobil to take the issue of climate change seriously and act to reduce greenhouse gas emissions by giving back a minuscule portion of their enormous profits. The House of Representatives voted in favor of a tax package to use funds from Big Oil's tax breaks to boost incentives for wind and solar energy and energy efficiency. Extending tax breaks for wind and solar energy would prevent the loss of jobs in those fast-growing industries, whose tax breaks are set to expire at the end of the year placing 116,000 jobs at risk. The bill was sent to the Senate. However, the Bush administration, Republican lawmakers and Big Oil condemned the bill.

“Since President Bush took office, the price of oil has gone from $30 per barrel to a record high price of $101 yesterday,” said Congressman Edward Markey, Chairman of the Select Committee on Energy Independence and Global Warming. “This administration’s oil-centric energy policy has proven itself to be completely bankrupt for everyone except for Big Oil. President Bush should support this bill, which helps consumers and our economy, not continue to oppose this bill for the sole benefit of the most profitable companies in the world.”

How about it Exxon Mobil...ready to really show that you take climate change seriously? Give back some small change ($) from your huge profits to help consumers, the economy and the planet. Alaskans won't be holding their breath while waiting. It's been about 19 years since the Exxon Valdez spilled 11 million gallons of crude oil in Alaskan waters and on the coastline, and still no money has been paid in punishment for that offense.