Obama's plan to invest in renewable energy makes sense in so many ways. Obviously we need to improve the quality of our environment and lessen our dependence on oil. What I can't understand is the Republicans refusal to accept the business side of this issue. (Schwarzenegger is about the only Republican who does.) Warren Buffet is investing hundreds of millions into a Chinese company offering green car technology because that's where they are building them.
The world market is not only receptive to green technologies, they are building them. The Republicans want to fight a battle that is already over but the rest of the world is already moving in the direction of green business. Looking at how many hundreds of thousands of jobs we've lost this year (and more when the Friday report is out) this is where our investment dollars should go. The US can still raise capital and get a business started faster and easy than in most countries but if we keep fighting this due to loons such as Senator Inhofe, we will lose the moment and cede this opportunity to China and Europe. Now how silly would we have to be to pass on taking a leadership position and create new jobs?
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Green energy and the business opportunity
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