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Wednesday, October 28, 2009

Obama Encourages the nation on the race to develop clean energy

President Obama raised the bet for kicking the fossil fuel habit in a speech held at the Massachusetts Institute of Technology, saying the country's reliance on fossil fuels hurts the economy and the nation that moves beyond them will reap huge benefits.
Obama spurred the nation on in the contest to develop clean energy, saying the United States risks losing its leading position if it fails to win.
"The nation that wins this competition will be the nation that leads the world economy. I am convinced of that. And I want America to be that nation. It's that simple,"he said
The president touted energy research at MIT, together with solar power windows, virus-built lightweight batteries, quantum dot lighting and combined offshore wind/ocean energy systems. Obama also pointed out his administration's thrust to make the research and experimentation tax credit permanent, and its direct funding for science. "The Recovery Act offers the largest single enhancement in scientific research in history," he said.
The speech also gave Obama a chance to rally support for the climate bill senators Barbara Boxer and John Kerry recently introduced. Kerry was in the audience. "All of this must conclude in the passing of comprehensive legislation that will finally make renewable energy the profitable kind of energy in America," Obama said.
The president said he saw consensus building for the bill, and for energy legislation also wending its path through Congress. The two bills are considered critical to international discussions of a new global warming deal. The president has said he wants the United States to lead the path in addressing global climate change. He has also said that he wants to see one million plug-in vehicles for sale by 2015.
Watch MIT's webcast of the president's speech here

posted by All America Auto Transport @ 3:27 AM permanent link  

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