On the campaign trail Barack Obama promised if he were elected president, he would create 5 million “green collar” jobs. Today President Obama announced $2.3 billion in tax credits for a clean energy economy will ostensibly create 17,000 jobs. “Building a robust clean energy sector is how we will create the jobs of the future,” he said in a speech this afternoon. Make no mistake; this government-run plan will kill more jobs than it aims to create. There are a number of serious problems with the goal to create green …
Green energy investments are coming from every direction. Whether it is the stimulus package or the cap and trade bills proposed in Congress, the government is eager to invest taxpayer dollars in renewable energy technology. As Americans become desensitized to the copious amounts of money the government is spending, clean energy investments are growing from millions to billions. And companies are chomping at the bit: Last month, for example, President Barack Obama announced $3.4 billion in government-stimulus grants for power-grid projects. About one-third of the recipients are GE customers. GE …
As Americans travel to and from work out of Union Station in Washington DC, they are bombarded with dozens of posters created by Clean Energy Works, an organization that promotes legislation for the expansion of clean energy jobs. The posters lay out what would happen if Congress passes climate change legislation in a very telling way. They communicate short phrases such as: “Our farmers can grow energy in their fields” “Our electricians can install solar panels.”
When skyrocketing energy prices took hold of America last summer, it became clear that developing alternative sources of energy was important to our nation’s economic and national security. Although talk of solar, wind, and biofuels have often dominated alternative energy discussions in the past, today more and more people are recognizing that clean coal and nuclear energy are both key to our nation’s energy future. As the representative of Pennsylvania’s Fourth Congressional District, I represent an area that has long been a national leader in America’s nuclear industry. Westinghouse Electric …
The keys to stimulating our economy are private capital, small business innovation, reducing the burden big government imposes on the economy, and job creation. Several months ago, before the Democrats’ cap and trade bill was railroaded though Congress and before we faced their newly announced health care bill, we, along with 46 of our colleagues, introduced H.R. 1431, the No Cost Stimulus Act of 2009. The No Cost Stimulus Act would significantly increase the production of more American-made energy, which, in turn will create close to two million jobs and …
No, we’re not reverting back to Cold War. We’re talking commercial nuclear energy. And we’re talking commercial competition—what will ultimately be the life-blood of the nuclear renaissance. Up until now, big light-water reactors have largely dominated the nuclear industry. 104 of them operate safely in the U.S. today and provide Americans with 20% of their electricity, but they represent just one technology. The exciting thing about nuclear power is not what it gives us today, but what its potential is for the future. And our latest view into the future …
25 by 2025. That’s the target proposal for a federally mandated renewable portfolio standard RPS (also called renewable electricity standard RES) in which the federal government would mandate to have 25 percent of the nation’s electricity from renewable energy by 2025 – primarily wind, solar and hydro. During the Congressional hearings last week, Congressman G. K. Butterfield (D-NC) told Chairman Henry Waxman, “Not only is [a 25% mandate] impractical, it is impossible.” By creating a federal renewable portfolio standard, the government is essentially forcing costlier, less reliable energy on the …
