Obama's Renewable Energy Projects

ocean waves in California as a source of renewable energy
Obama hopes that waves like this will help lessen the U.S. dependence on foreign oil.
(cc) martapiqs

The factory in Newton, Iowa used to manufacture Maytag appliances. It’s now Trinity Structural Towers, producing towers for wind energy and employing dozens of former Maytag employees.

U.S. President Obama chose the factory for the site of his Earth Day announcements reaffirming his commitment to a comprehensive energy plan designed to lessen U.S. dependance on foreign oil, create jobs, and “help win the race toward clean energy technology.” Obama sees the development of clean, renewable energy sources as a growth industry.

“The choice we face is not between saving our environment and saving our economy – it’s a choice between prosperity and decline,” President Obama said. “The nation that leads the world in creating new sources of clean energy will be the nation that leads the 21st century global economy.”

Obama explained that the jobs created at Trinity Structural Towers are just the start and will be followed by millions more, not just in wind turbine factories, but across the economy, from workers who weatherize homes to researching developing new technologies.

The President also unveiled a program to develop renewable energy projects on the waters of the Outer Continental Shelf, tapping into the ocean’s vast sustainable resources to generate clean energy in an environmentally sound and safe manner.

Obama’s plan:

  • Create new Jobs in the Clean Energy Economy, driving the development of new, green manufacturing opportunities in the rebuilding, retrofitting and modernizing of American factories.

  • Promote U.S. Competitiveness by ensuring a level playing field for domestic manufacturing and securing significant actions to combat climate change by the country’s trading partners.

  • Invest $150 billion over ten years in energy research and development to transition to a clean energy economy.

  • Promote the development of the next generation of cars and trucks and the fuels they run on, thereby breaking dependence on oil.

  • Enhance U.S. energy supplies through the responsible development of domestic renewable energy, fossil fuels, advanced biofuels, and nuclear energy.

  • Promote investments in the transportation, electricity, industrial, building and agricultural sectors.

  • Develop an economy-wide emissions reduction program to reduce greenhouse gas emissions.

  • Return revenues from emissions reduction programs to citizens.

Of course, before Obama’s plans come to life, Congress must pass his legislation.

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