Wednesday, January 26, 2011

SOTU: "Sputnik Moment" 80% Green Energy By 2035

Jan 25: President Obama in his State of the Union message called for some major actions including a major focus on job creation; a commitment to address the immigration issue; investments in education; simplifying the tax code; reducing the corporate tax rate; freezing Federal spending for 5 years; ending earmarks; and developing a proposal to merge, consolidate, and reorganize the Federal government. And, he spent a considerable amount of the speech talking about clean energy and rebuilding infrastructure. He reset some new national goals and called for 80% of America's electricity to come from clean energy sources by 2035; a million electric vehicles on the road by 2015; and 80% access to high-speed rail by 2035. Notably absent was any direct mention of the climate change issue or the word "environment." And, in the wake of yesterday's announcement that the so-called "climate czar" Carol Browner would be leaving, when White House Senior Adviser Valerie Jarret was asked about filling the position, she was noncommittal.
 
    Specifically, on energy related matters the President said, "Sustaining the American Dream has never been about standing pat.  It has required each generation to sacrifice, and struggle, and meet the demands of a new age. And now it's our turn. We know what it takes to compete for the jobs and industries of our time. We need to out-innovate, out-educate, and out-build the rest of the world. We have to make America the best place on Earth to do business. We need to take responsibility for our deficit and reform our government. That's how our people will prosper. That's how we'll win the future. And tonight, I'd like to talk about how we get there.
                                  
      "The first step in winning the future is encouraging American innovation. None of us can predict with certainty what the next big industry will be or where the new jobs will come from. Thirty years ago, we couldn't know that something called the Internet would lead to an economic revolution. What we can do -- what America does better than anyone else -- is spark the creativity and imagination of our people.  We're the nation that put cars in driveways and computers in offices; the nation of Edison and the Wright brothers; of Google and Facebook.  In America, innovation doesn't just change our lives. It is how we make our living.
 
      "Our free enterprise system is what drives innovation. But because it's not always profitable for companies to invest in basic research, throughout our history, our government has provided cutting-edge scientists and inventors with the support that they need. That's what planted the seeds for the Internet. That's what helped make possible things like computer chips and GPS. Just think of all the good jobs -- from manufacturing to retail -- that have come from these breakthroughs.
 
      "Half a century ago, when the Soviets beat us into space with the launch of a satellite called Sputnik, we had no idea how we would beat them to the moon. The science wasn't even there yet.  NASA didn't exist. But after investing in better research and education, we didn't just surpass the Soviets; we unleashed a wave of innovation that created new industries and millions of new jobs. This is our generation's Sputnik moment. Two years ago, I said that we needed to reach a level of research and development we haven't seen since the height of the Space Race. And in a few weeks, I will be sending a budget to Congress that helps us meet that goal. We'll invest in biomedical research, information technology, and especially clean energy technology -- an investment that will strengthen our security, protect our planet, and create countless new jobs for our people.
 
      "Already, we're seeing the promise of renewable energy. Robert and Gary Allen are brothers who run a small Michigan roofing company. After September 11th, they volunteered their best roofers to help repair the Pentagon. But half of their factory went unused, and the recession hit them hard. Today, with the help of a government loan, that empty space is being used to manufacture solar shingles that are being sold all across the country. In Robert's words, "We reinvented ourselves."
 
      "That's what Americans have done for over 200 years: reinvented ourselves. And to spur on more success stories like the Allen Brothers, we've begun to reinvent our energy policy. We're not just handing out money. We're issuing a challenge. We're telling America's scientists and engineers that if they assemble teams of the best minds in their fields, and focus on the hardest problems in clean energy, we'll fund the Apollo projects of our time.
 
      At the California Institute of Technology, they're developing a way to turn sunlight and water into fuel for our cars.  At Oak Ridge National Laboratory, they're using supercomputers to get a lot more power out of our nuclear facilities. With more research and incentives, we can break our dependence on oil with biofuels, and become the first country to have a million electric vehicles on the road by 2015. We need to get behind this innovation. And to help pay for it, I'm asking Congress to eliminate the billions in taxpayer dollars we currently give to oil companies. I don't know if -- I don't know if you've noticed, but they're doing just fine on their own. So instead of subsidizing yesterday's energy, let's invest in tomorrow's.
 
      Now, clean energy breakthroughs will only translate into clean energy jobs if businesses know there will be a market for what they're selling. So tonight, I challenge you to join me in setting a new goal: By 2035, 80 percent of America's electricity will come from clean energy sources. Some folks want wind and solar.  Others want nuclear, clean coal and natural gas. To meet this goal, we will need them all -- and I urge Democrats and Republicans to work together to make it happen. . . "
 
    On the infrastructure issue, the President said, "To attract new businesses to our shores, we need the fastest, most reliable ways to move people, goods, and information -- from high-speed rail to high-speed Internet. Our infrastructure used to be the best, but our lead has slipped. South Korean homes now have greater Internet access than we do. Countries in Europe and Russia invest more in their roads and railways than we do. China is building faster trains and newer airports. Meanwhile, when our own engineers graded our nation's infrastructure, they gave us a 'D.'
 
      "We have to do better. America is the nation that built the transcontinental railroad, brought electricity to rural communities, constructed the Interstate Highway System.  The jobs created by these projects didn't just come from laying down track or pavement. They came from businesses that opened near a town's new train station or the new off-ramp. So over the last two years, we've begun rebuilding for the 21st century, a project that has meant thousands of good jobs for the hard-hit construction industry. And tonight, I'm proposing that we redouble those efforts. We'll put more Americans to work repairing crumbling roads and bridges. We'll make sure this is fully paid for, attract private investment, and pick projects based [on] what's best for the economy, not politicians.
 
      Within 25 years, our goal is to give 80 percent of Americans access to high-speed rail. This could allow you to go places in half the time it takes to travel by car. For some trips, it will be faster than flying -- without the pat-down. As we speak, routes in California and the Midwest are already underway. Within the next five years, we'll make it possible for businesses to deploy the next generation of high-speed wireless coverage to 98 percent of all Americans. . ."
 
    Access the full text of the SOTU address (click here). Access a White House blog post highlighting major media and pundit reactions to the President's speech (click here). Access a video of the SOTU (click here).
 
THE REST OF TODAY'S NEWS
- GOP & Tea Party SOTU Response Calls For Limited Government
- Chairman Upton Responds To President's SOTU Message
- Business Reaction To President's SOTU Message 
- Integrating Nature & Business; Dow & Nature Conservancy
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- SBA Reports Government Stimulus Helped Small Business
- $5.3 Million Penalty For 2nd Largest Petroleum Refinery