Thursday, April 15, 2010

Obama wants clean-energy transformation, but will Congress vote him the money?

100415 Obama on 7.30 Report
Message from djackmanson@gmail.com:

US President Barack Obama said last night (Australian time) the world should turn to a clean-energy economy, and that a billion Chinese people can't have the same living patterns as Australians and Americans. But the money the US Congress approved last year for clean energy projects didn't meet Mr Obama's target.

Mr Obama said in April last year he wanted to spend $15 billion a year on clean energy, including on wind , solar, geothermal power and clean coal. Congress only approved about a third of Mr Obama's spending target on clean energy (see below).

Some clean-or-efficient energy programs include a research unit that might work out how to build better batteries, the Solar Energy Technology Program, and the Fuel Cells Technology Program which is trying to solve the big problems in the way of that technology.

Mr Obama was interviewed by Kerry O'Brien of the ABC, Australia's public broadcaster.

CLEAN ENERGY SPENDING:

The money approved last year in the US Budget for major clean energy programs included:

US$ 2.242 billion    Energy Efficiency and Renewable Energy (record of appropriation)
US$ 1.108 billion    Materials Science (possibility of better batteries) (verify appropriation here - pdf file)
US$ 0.585 billion    Biological and Environment research (verify appropriation here - pdf file)
US$ 0.394 billion    Fusion Power (verify appropriation here - pdf file)
US$ 0.149 billion    Clean Coal technology


US$ 4.478 billion TOTAL

Mr Obama's stated target is $15 billion in clean energy technology spending. Some huge grants for energy projects were made in last year's American Recovery and Re-Investment Act, but that was an emergency one-off stimulus package.

He also said he was convinced a price needs to be put on carbon.


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Posted via email from @djackmanson

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