Tuesday, November 4, 2008

Obama: Apollo Project

Yesterday Obama reiterated that his #1 priority if elected would be energy policy, including the investment of $15B per year over 10 years in an "Apollo Project". From The Independent in the UK:

That's going to be my number one priority when I get into office," Mr Obama
has said of his "green recovery" plans. Making his arguments in a radio address
yesterday, the Democratic favourite promised: "If you give me your vote on
Tuesday, we won't just win this election. Together, we will change this country
and change the world."

The election has come during the worst economic crisis since the Great Depression of the 1930s, but he declared: "We'll invest $15bn a year over the next decade in renewable energy, creating five million new green jobs that pay well, can't be outsourced and help end our dependence on foreign oil." The appeal of the idea that clean energy could help to kick-start the economy is such that Mr Obama's Republican opponent, John McCain, has also promised "millions" of green jobs if he wins.

...it is the American plans that could have the greatest effect in dragging the world economy out of crisis. Mr Obama believes that a new clean-energy economy "can be the engine that drives us into the future in the same way the computer was the engine for economic growth over the last couple of decades".

The head of Mr Obama's transition team, John Podesta, has called for "a new vision for the economic revitalisation of the nation and a restoration of America's leadership in the world", adding: "We must seize this precious opportunity to mobilise the country and the international community towards a brighter and more prosperous future."

Rumors abound that US Representative Jay Inslee (D-WA), author of "Apollo's Fire" about the need for renewable energy investment, might be an Obama cabinet choice for Interior (or perhaps Energy.)
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