Showing posts with label energy. Show all posts
Showing posts with label energy. Show all posts

Thursday, February 12, 2009

Stimulus bill not stimulating enough for alternative energy

If you've read this blog before, you know that I firmly believe the best thing we can do for this nation is reduce our energy usage. Doing so will allow us to scale back our military footprint and make us a less-hated presence in the world. We have spent well over a trillion dollars on our Mideast wars so far.

So I'm more than a little displeased with the compromise stimulus bill, which tags a mere $50 billion toward energy programs, according to the San Jose Mercury News.

Specifically for energy programs, the bill includes:
$13.9 billion to subsidize loans for renewable energy projects;
$11 billion toward a smart electricity grid to reduce waste;
$6.4 billion to clean up nuclear-weapon production sites;
$6.3 billion in state energy efficiency and clean energy grants;
$5 billion to weatherize modest-income homes; and
$4.5 billion to make federal buildings more energy efficient.

Among other line items, the bill also contains:

$8.4 billion for mass transit;
$8 billion for construction of high-speed railways;
$6.4 billion for clean and drinking water projects; and
$7 billion to bring broadband Internet service to underserved areas.

Meanwhile, the Obama team is saying the bank bailout may top $2.5 trillion. By the way, that's $8,333 per man, woman and child in the United States. The $50 billion for energy amounts to just over $166 per capita.

Come on! Let's put our money where, as a nation, we're bleeding. End wars over oil, put the money into renewable energy. Build an export-oriented economy around wind turbines, solar cells and whatever else we can dream up.

It's seems so simple that I'm starting to wonder if I'm a simpleton.