by Alan Durning
$100 billion for green jobs. Billion!
The Associated Press reports plans for a massive new green-collar federal stimulus package:
Obama has also embraced calls for a "green jobs" program that invests as much as $100 billion in projects to slash harmful emissions. This could include projects such as retrofitting buildings to make them more energy-efficient, upgrading the electrical grid and improving mass transit.
"It turns out that putting money into green technologies ... has a very large positive employment effect relative to tax cuts," said Robert Pollin, a University of Massachusetts-Amherst economist who has written extensively on what he calls the "green recovery."
"It's very efficient in terms of creating jobs for a given amount of spending, and it has the added benefit that the short-term effects are compatible with long-term needs in the economy," Pollin said.
Exactly as I’ve been saying!
On Monday morning, December 1, from 9 to 10:30 a.m. (Cascadia time), the Center for American Progress in Washington, DC, will webcast a forum including some of the nation’s leading voices on green recovery. RSVP for the webcast.
This piece originally appeared on The Sightline Institute's blog, The Daily Blog.
The guy has earned his 'berry!
(It's partly how he knows this stuff)
China is attempting to do this is well. Clean coal technologies must be furthered because coal is easily our cheapest and most abundant energy source. We are in an energy crisis and facing unstoppable rising demand. We need as much energy as possible to meet that demand and coal has lifted hundreds of millions out of poverty in China. Coal continues to help meet UN Development goals.
That "unstoppable demand" is the problem. It can and must be curtailed by leaps and bounds in order to wean ourselves from coal and other crimes against humanity.
Despite the hesitations many business leaders had about what Obama might do once taking office, I think he's taken the right steps and made some great cabinet choices that leave myself and many others in great confidence of his direction. Especially, when looking towards supporting the green energy industry and creating green-collar jobs, Obama is definitely on the right track.
Kevin G. Davis
Managing Director | Emerald Endeavors
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