Photo credit:
flickr, LanceCheungImages
It's getting harder and harder to resist the urge to call President Barack Obama "Daddy Greenbucks." Especially today, when he announced that he's shelling out $3.4 billion in grants to build a smart energy grid that would bring our nation's antiquated electrical system into the digital, green and clean age.
Obama's big cash-money, and I mean big in a "largest-award-made-in-a-single day-from-the-$787-billion-stimulus-package" way, will:
- Give far more than a face lift to our aging "dilapidated" electricity grid with the addition of 18 million digital smart home meters and reams of energy powered by renewable sources, like solar and wind energy. (But how and how soon can I get a a smart meter?! )
- Create historically more watts than ever before with less impact on the climate. (Speaking of, the climate bill battle kicks off in the Senate today.)
- Energize business for 100 green companies in 49 states with deep-green grants ranging from $400,000 to $200 million.
- Inject tens of thousands of new green-collar jobs into the already-exploding green industry. Hey, kids, it's not too late to change your major.
- Significantly reduce rolling blackouts (which we deserve and suffer plenty of in power-hungry Southern California).
- Save some decent utility bill cash for America's energy vampire consumers, that is if we're smart, like this grid. (How? Basically, with the digital smart grid, electricity prices will increase when demand increases and decrease when demand decreases, empowering us to make better, more energy- and cost-efficient choices.)
The President announced the historic $3.4 billion (!) greenbacks for green energy at a Florida solar plant just moments ago. He said the country's ailing electrical system "wastes too much energy, it costs too much money, and it's too susceptible to outages and blackouts."
Obama wasted no time moving on to an aggressive pitch for nationwide greenhouse gas cap legislation that he said will "finally make clean energy the profitable kind of energy in America." Apparently a few Senators missed that memo.





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